what are some of the many reasons for justifying on ethical behavior?
One that I feel a lot is I've got it coming. So I make $150,000 I really deserve a massive bonus, right?
So the capital one that's that's kind of what people just fight like Aiken wave my credit card fee, or I can increase my credit limit because I've got it coming.
It's forget cost, like the old Robin Hood take from the rich. Give to the poor kind of thing that that just doesn't justify it. And then, of course, everyone's doing it. You saw that in the case of Enron, everyone was involved. Everyone was complicity it. So it's totally okay to have accounting illegal accounting practices.
And so what's the value of ethics like, How do you actually
credit business case around this?
Well, if you think about it and information security data is really valuable,
40% of the world's data is public.
60% is owned by companies,
right? So the data that you own is actually how you make decisions, as you saw in the case of Target, or if you're finding some institution. It's how you make decisions about products for people, and it's actually your life. But
and employees and customers switch based on trust,
if I don't trust, you actually will switch my retail account, which is one of the only reasons people switch retail accounts. In fact, and looking at Accenture, the competitive, the Juliet Adex $180 billion has been lost. You to trust customer and play trust.
So there's a real bottom line impact toe having ethics at your company.
Don't you go through a quick synopsis and then go through next steps?
frame, the situation Is this a writers write
or rivers Wrong decision.
And, hey, would I be okay with this on the front page?
We also went through the business case for ethical decision and that also talked about ways to engage
next one to go through an ethical decision making framework to employ where there, too, right decisions.
There's a survey. Don't forget to take that, because it's gonna help you in the next part of the course.
I'll see you in a minute