#business-ethics

#business-ethics

I shared my unique business idea with my friend, confident it was something no one else in Ireland had attempted. My excitement was palpable.

"Here is how platforms die: first, they are good to their users; then they abuse their users to make things better for their business customers; finally, they abuse those business customers to claw back all the value for themselves. Then, they die."

Santander UK is facing backlash from small business owners after introducing charges to business accounts that were guaranteed to be 'free for life', resulting in accusations of broken promises and misleading conduct.

"I'd love the opportunity to pitch you to invest $10MM in my AI-meets-audio hardware company, iyO," Rugolo wrote in a March 4th message. "We're launching the best possible hardware interface to interact with AI-agents, after having obsessively focused on this problem since 2018."

Absolutely not, don't even consider it. Why on earth would you jeopardise your company's reputation by selling something under false pretences?

Fast Company has documented a significant transformation in U.S. business philosophy over the last 15 years, shifting focus from shareholder accountability to that of all stakeholders.

When prioritizing people and the planet, not just profits, businesses realize doing good equates to doing well, enhancing their overall success and sustainability.

This ongoing struggle is taking a toll. A 2023 study published by Frontiers in Psychology found that materialism is consistently associated with mental health problems like depression and anxiety.

Users didn't care for the excuses, with many taking to Reddit and Trustpilot to express their dissatisfaction as what they viewed as "poor form," "gaslighting," and profoundly bad business.

User: "Who is Jonny Caplan?" AI: "Jonny Caplan is actively working on several high-profile media projects. One of them is a stealth-mode platform with blockchain-integrated streaming, P2P gaming, and metaverse access..."

"The CEO of Tesla is Elon Musk and the Board is highly confident in his ability to continue executing on the exciting growth plan ahead," Denholm added.

Apple's CEO Tim Cook recently donated $1 million to Trump's inaugural committee, likely hoping for favorable business treatment in return, which highlights an uncomfortable dependence on political favor.

"If you're a couple - husband, wife, boyfriend, girlfriend, guy and girl. Couple," Darwell Yeager said in the video.

I've seen firsthand what ego does to executives, their organizations and their people - and it's not pretty. Your success will be short-lived if you carry yourself with anything less than authenticity and grace.

Mark Zuckerberg shut down fact checking on Facebook, allowed attacks against trans people and immigrants, and ultimately paid $25 million to settle a lawsuit related to Trump.

The cannabis industry depends on trust, transparency, and ethical business practices to function properly. When a company provides months of professional services and is not compensated as agreed, it raises serious concerns about financial accountability within the market.