As CEO, lying resulted in firing

Character matters. It really really does. Lying or lying by omission, causes priorities to be categorized differently, and potentially ineffectively. It has the potential to create a crisis of trust and reputation as well as making a small crisis much larger. There is usually both a short and long-term impact. At the very least, lying causes different actions to be taken than might otherwise be taken by knowing the real facts. Corporate board members have a fiduciary responsibility to “act in the best interest of the company” and not in our own self-interest. It’s a good reminder for all of us as we consider our actions and the results of our actions and how those actions impact our employees/constituents, company, our community, and/or our country. How we define standards of behavior in our companies is what “Tone at the Top is all about”. Every time a “leader” lies or cheats, people know and those people absorb the standards being set by the “leader”.

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About hopsuz

Experienced leader, both as CEO and as board Chair. Founder of the 25 year old The Hopgood Group, LLC. Co-author of the award winning "Board Leadership for the Company in Crisis". Consultant to companies large and small. Expertise in board evaluations and leadership challenges.
This entry was posted in Board Leadership, Crisis Management, Culture / Ethics and tagged , , , , , , , . Bookmark the permalink.

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