State of Business Magazine, Spring 2007, Ethics in the Balance
  vol. XIX no. 1

Spring 2007 contents
Dean's Letter
Rajeev Reports
Media watch
In Brief
To The Point
State of Business 
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To the Point

Shortly after the year 2000 millennium celebration, our society experienced an unprecedented series of ethical failures in business, government, the media, athletics, and even in the church. Government and private organizations rushed to respond to these failures with legislative, regulatory, educational, and other institutional reforms. These were exemplified by the Sarbanes-Oxley Act, which mandated extensive business and professional reforms. The efficacy and unintended consequences of these reforms are still being debated, but no matter how well intended or how well conceived these institutional reforms may be, the ethical performance of our institutions will ultimately be no better than the ethical performance of the individuals who comprise them.

It is not enough, then, to wish for an ethical society or to pass laws and rules for others to follow. We must accept personal responsibility for creating the kind of society we want.

Our ethical scandals were not institutional failures, but the ethical failures of individuals within those institutions. Likewise, the kind of ethical excellence we desire within our institutions must begin with the people in them – you and me.

Having an impact on the ethical behavior of our society is an intimidating task. We expect only great leaders to have a profound impact on our institutions. We’ve all heard of the ethical imperative for leaders to set the proper “tone at the top” of their organizations. But unless that “tone at the top” also becomes the “tone at the bottom” of the organization, its leadership is ineffective.

In truth, we all have an ethical leadership role to play, wherever we are in our respective organizations. We fulfill our leadership role when we “walk the talk,” when our behavior is consistent with the ethical behavior we expect from our organization and society. After all, what right do we have to expect better behavior from those we follow than the behavior seen by those who look up to us?

After we set the right example, we can then create a positive expectation of ethical behavior from those around us. Communicating high expectations for positive ethical behavior has a constructive influence on those around us, but only if we are willing to live up to those expectations ourselves.

The institutional ethical reforms of the last few years are valuable because they provide a framework for the people to collectively express our desire for a better, more ethical world. But our dreams of an ethical and just society will be realized only to the extent that we are committed to personally live those dreams.

Jim Copeland is a graduate of the Robinson College and the retired CEO of Deloitte Touche Tohmatsu. He also serves on the faculty of the College as a Robinson Global Scholar.

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