Summary    

1. GOCU for General Management. 2.  Bridging for Business. From 'after the crisis' to a new innovation-era

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     Make the future innovative and ethical valid: yes, only than we will survive!

Ethics in international companies After the crisis

In every aspect perform these two actions:

  1. Make friends
  2. Do business

 

  1. Ethics as a way of life. After the big scandals of Enron, World On Line, Ahold, Baan, Coca Cola ethics in business is right on the map. In many countries ethical behaviour is 're-invented'. But that's no more than a start.
  2. GOCU model: find your strength / weakness. many dilemmas in business. For instance: How can a properly managed company be innovative? Or how can a market driven company uphold ethical standards. GOCU really helps to understand.

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nEthics as a way of life. Ethical conduct: 40-50% of all we do is strongly related to Ethics

Ethics is a rising star in the business world.

  1. To see what is well and to neglect it is a lack of courage. Confucius 551vC - 479vC, Chinese philosopher, The Analects, Book II, Chapter XXIV
  2. A company which makes nothing but profit is a miserable company. Henry Ford 1863 – 1947, American business leader
  3. If the ethical level at the top is low, this behaviour is copied into the organization. Robert Noyce, inventor of the silicon chip
  4. I believe that every right includes a duty; every chance an obligation; all ownership a debt. John D. Rockefeller, Jr. 1839-1937, American entrepreneur
  5. There is no such thing as business ethics, only this: keep up the highest standards. Marvin Bower, former managing partner of McKinsey & Company

Ask yourself....

  1. Is my company acting in a proper and ethical way
  2. What ethical issues I will meet, given my GOCU-diagram
  3. Is it easy to change my company and in what direction I should move

Financial basic aspects:

  1. Certainty Seeker: Firm and elaborated financial reporting system
  2. Perspective Seeker: Adaptive reporting and business structure, changing figures (no big issue, they're plannable)
  3. Chance Seeker: Flexible business environment. Hard to predict, planning and prognoses tools have less meaning
  4. Limit Seeker: Ever changing structure. No prediction at all, new thoughts are very welcome

Perspectives in Financial management:

  1. Certainty Seeker: Be Transparent To be as transparent as possible. No backdoors
  2. Perspective Seeker: Be Fairabout future perspectives and actual profits/costs/sales
  3. Chance Seeker: Be Modest How  volatile is the market, how true your targets
  4. Limit Seeker: Be Realistic about new business and forecasts

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n GOCU Model: find your strength / weakness

 

Four driving forces:

bulletPermanent Values, the internal culture in other words. Can make an organization strong, but is almost always a big stand-in-the-way of innovation, like a big animal, not able to hunt small rapid prey
bulletManagement, can lead a company in relative quiet circumstances, but innovation is, many people know,  hard to manage. A somewhat smaller animal, still not agile enough
bulletMarket, this driving force helps companies to adapt quickly. Gives innovation more room to play. On the other hand: this company is more difficult to manage (in a more classic way)
bulletInnovation,  companies like these build the coming future. But how to handle???

yes, we can be of assistance

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Last change: augustus 01, 2010