Chapter 5 Values
Introduction
In the USA, following the collapse of Enron, an energy company, some years ago, a Senate inquiry found a culture of arrogance and greed that cared little for the law or consequences for the company’s customers. Despite the calls for new and tougher forms of regulation, the conclusion of a Senate inquiry was that no regulation could ever substitute for leaders of all kinds of organisations having a ‘moral compass’.
In tough, competitive, commercial businesses, it is easy to be cynical about anything other than making money. So, what is a moral compass, why is it necessary and how is it formed? The simple answer is that it comes from our early upbringing and the way we learnt about ...
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