Belmont University

September 21, 2009

Remember the Good Guys

Scarlett Joe.jpg Scarlett Leadership Institute founder Joe Scarlett reminds us in yesterday's The Tennessean editorial to "Remember the Good Guys" who have built our U.S. industrial powerhouse. As Joe points out, in light of today's well-publicized incidents of corporate greed and abuse of power (still, a very small proportion of U.S. businesses), it's easy to forget about the thousands and thousands of business leaders who have been ethical and successful and continue to do so as we still enjoy the world's most successful economic system. Joe's entire article can be found by clicking on the following: 'Good Guys' Built U.S. Powerhouse.


June 22, 2009

Leadership and Integrity

JoeScarlett header.jpgOur good friend and Massey Board Member Joe Scarlett, in his Open Letter to business leaders, provides a wonderful reminder to all of us on the importance of "personal integrity" as we go about making life's daily decisions. I encourage you to check it out as you begin this new week.


April 06, 2009

Academics and Practitioners Unite

BookCover-EthicsRecession.jpg[Authored by Dr. J. Patrick Raines] The problem of social organization is how to set up an arrangement under which greed will do the least harm; capitalism is that kind of a system. – Milton Friedman

Russ Kidder contends in his new book, The Ethics Recession, that there is a growing sentiment that our current economic crisis is not simply unethical but profoundly immoral. He states “There’s a sense that core decencies have been demolished, integrity dissolved, and common values trampled….” Kidder’s recommendation is to look beyond personalities and individuals to create cultures of integrity.

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October 21, 2008

Ethical Dilemmas: Power and Money

Cynthia Cooper Book.jpg
We are excited to have Cynthia Cooper, WorldCom whistleblower and Time Magazine 2002 Person of the Year, on our campus to provide an insider's look at the rise and fall of WorldCom and share the lessons she learned through that experience.

Today’s presentation, Ethical Dilemmas: Power and Money, is open to the public and will take place at 5pm in the Maddox Grand Atrium of the Curb Event Center and a student convocation, WorldCom: What Went Wrong & What Lessons Can We Learn?, will be held tomorrow at 10am in the same location.

Her visit is sponsored by the College of Business Administration’s Center for Business Ethics.


March 15, 2008

Lose Your Ethics--Lose Your Business

[Contributed by Joe Scarlett, retired Chairman of the Board of Directors, Tractor Supply Company and founder, Scarlett Leadership Institute at Belmont University] The recent tainted meat scandal in California further demonstrates why uncompromising ethics in business is the only path to long term business success. One-hundred forty-three million pounds of meat were recalled all because of a lapse of ethics. Who wins in this mess? Absolutely no one. Was it avoidable? Certainly.

Ethics Graphic.jpg Since so many of the senior executives of Enron, WorldCom, Adelphia, Tyco, etc. were exposed and subsequently jailed, you would think that every businessperson in America would have learned the importance of maintaining a high level of integrity in business practices. It is a real shame that some still have not seen the light and grasped the obvious. High standards, honesty, and ethical leadership all pay off in the long run, and the opposite is simply a path to ultimate failure. Wake up business leaders!

In February Westland/Hallmark Meat of Chino California issued a recall for 143 million pounds of beef – six times larger than any previous recall. The company slaughtered cattle that could not walk and failed to notify an inspector, which is a clear violation. Cattle that cannot walk have a higher risk of mad cow disease and bacterial contamination. What were they thinking? Where is the leadership?

Federal inspectors did not identify the problem nor did the company report the problem from its own control processes. A video provided by the Humane Society showed employees attempting to get sick cattle to stand up using forklifts, electric cattle prods and high pressure water hoses. And now speculation suggests that the plant will close. Owners will lose their investment, executives will lose their salaries and perks and the workers will all be unemployed. The only good news in the story, if there is any good news, is that there have been no reports of illness or meat contamination.

Employees clearly violated the rules, so you have to ask a few questions. Were the rules posted, communicated and discussed? Was there a clear path to discuss and report dilemmas and violations? Did the employees believe that the company strived to operate with a high degree of integrity in all aspects of its operations? The obvious conclusion is that the answers to some or all of these questions is no.

The ethical and moral direction in any organization must be set by the CEO and the senior executive leadership. When that direction is set according to high standards and then communicated effectively and repetitively, the organization invariably lives by those standards. We follow our leaders; when they set the right direction, we follow; when they set the wrong direction, or more commonly no direction, we wander into “no man's land.”

Leadership in business is everything. We follow with pride and confidence when our leaders set a clear path that embraces high ethical standards. Workers at every level deserve the right to work for leaders who demonstrate business and personal integrity. -Joe Scarlett, March 2008


November 20, 2007

Enhance Your Business Ethics Skills

ebusiness ethics certificate.jpg Whether you're an individual looking to improve your own ethical decision-making skills or a manager seeking to bring the latest in ethics training techniques back to your organization, here's a great opportunity. Dr. O.C. Ferrell, Professor of Marketing and Enterprise Scholar, at the University of New Mexico's Anderson School of Management has designed an on-line course in business ethics essentials and best practices. The course is offered twice a year, is described as highly interactive, and runs 10 weeks.

Over the years, I've had numerous opportunities to work with O.C. and his wife Linda (Associate Professor of Marketing), and both are outstanding classroom instructors, as well as two of the leading business ethics scholars in the U.S. As fate might have it back in May 2005, O.C. and Linda ended up being seated next to Kenneth Lay on a flight from Houston just two days after the former Enron CEO's conviction on fraud and conspiracy charges.

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