Marianne Jennings, author of The Seven Signs of Ethical Collapse, has visited the Markkula Center on two occassions in 2007 and 2012 to speak about corporate scandals. Jennings, professor emeritus of business ethics at Arizona State University, demonstrates how each of the organizations that got in trouble displayed many of the seven symptoms she outlines in her book.
Marianne Jennings talks about recent corporate and organizational scandals, and how companies can use her "Seven Signs of Ethical Collapse" to avoid serious ethical problems.
Since 2001, Marianne Jennings, professor of management at the W. P. Carey School of Business at Arizona State University, has kept a list of companies that have succumbed to ethical collapse, some for the second time. These are companies like General Electric, Merrill Lynch, AT&T, Arthur Andersen, United Health Group. There are so many, in fact, that she’s running out of room on the PowerPoint slide she uses for presentations and had to squeeze in the final entry “the stock options (160 companies).”
“These are great companies, great organizations, good people,” Jennings stressed. “But they’re on this list for one reason—they crossed an ethical line.” The list grows almost daily. But it doesn’t have to, she insisted.