The Board's Role in an Ethical Culture
Why the Character of the CEO is Paramount
Board resolve can be critical to the development of an effective ethical culture -- defined as the values that inform the behavior toward the organization's stakeholders. Features of an ethical culture will be examined, along with its value to the bottom line, company brand and reputation. Examples of effective board involvement will also be explored, that still hold management responsible for operational execution and performance.
Jim Balassone, executive in residence at the Markkula Center for Applied Ethics, talks with Catherine Lego, board member SanDisk and Lam Research.