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Reading - Interesting ethics articles published recently

Publish date: 16 November 2018
Issue Number: 8
Diary: CompliNEWS Ethics
Category: General

Interesting recent articles on ethics for further reading:

  • Ethics can be fun? 2 games to teach your grandkids - It is always best to teach them young. Honesty, respect and money are concepts that go hand in hand. To spark productive conversations about ethics with your children and grandchildren, try these two car games.
  • Our lack of interest in data ethics will come back to haunt us - Data is the currency of the new world, and with 2.5 quintillion bytes of data created each day, that status isn’t going away anytime soon.
  •  The ethics of AI - For a discussion on the challenging question of ethics and governance in the use of data and AI (artificial intelligence), read this article was published by Deloitte.
  •  Take a hard line on ethics - The word 'ethics' appears only a handful of times in the 347 pages of the first volume of the interim report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, not including its footnotes and list of abbreviations. It appears just once in the 487 pages of Volume 2, and it appears not at all in the 107 pages of Volume 3. It’s a curiously light touch on an issue that would seem to be at the core of the report’s narrative.
Working Smart

By Lee Rossini

The term ‘business strategy’ is well-used in a business context, however, it is often misunderstood and not applied in an effective manner. Simply put, a business strategy refers to the game plan that the owners and managers of a business uses to position themselves in the market, to conduct business operations, to attract and satisfy clients, to compete successfully in its chosen marketplace and to achieve its stated business objectives (Thomson and Strikland, 2003).  In a nutshell, a business strategy focuses on the way in which a business gets from where it is to where it wants to be; the process involves identifying the right choices that must be made to overcome the challenges and difficulties along the way. 

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