PRINCIPLES BASED DECISION MAKING
THE VW SCANDAL IS A STARK REMINDER OF THE IMPACT THAT FLAWED BUSINESS DECISIONS CAN HAVE ON PEOPLE, ECONOMIES AND COMMUNITIES.
Other key findings from the report, which is being showcased at the CIPD’s annual conference next month, include:
- 29% of business leaders (compared with 34% of HR practitioners) report they have to compromise their principles to meet current business needs.
- Less than half of business leaders and HR practitioners in the survey (48%) believe that their core values cannot be compromised whatever the context.
- 22% of business leaders (and 21% of HR practitioners) say they have to compromise on their principles because they affect their ability to succeed in their organisation.
- When asked to choose, 37% of business leaders (and 43% of HR practitioners) say decisions by their company are justified as long they follow the laws of the country they operate in, compared to 63% (57% of HR practitioners) who believe their organisation should take account of the moral responsibility it has for employees.