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TAKE RESPONSIBILITY Ethical Decision-Making.(A)(IBD 10 SECRETS TO SUCCESS)
Byline: Robin Grugal
10Choosing the less-than-ethical route can be very tempting when finances are at stake. The best defense? Set up formal decision-making processes and criteria that don't allow managers much wiggle room.
Experts point to two trouble spots that deserve special attention when setting up decision-making processes: burden of proof and quantitative analysis. When not used correctly, these standard decision-making tools can turn damaging.
** Don't switch the burden of proof. Take the problems faced by Beech-Nut Nutrition Corp., the second-largest U.S. baby food manufacturer, back in 1986. It pleaded guilty to 215 felony counts and …
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