Ethics & The Entrepreneur
As they wield great power and face great pressure, entrepreneurs need to be particularly vigilant in avoiding the dark side. When faced with real issues of survival, it can be tempting to cut this corner or violate that law.
A. What are some of the specific elements of the entrepreneurial life that make it easier to inch into unethical, grey areas?
B. What are some concrete lessons that entrepreneurs can take away from disasters like Enron and its Smartest Guys in the Room?
https://www.youtube.com/watch?v=XFTihsjO-og
C. In this article from the Journal of Business Venturing, Harris, Sapienza and Bowie, you’ll see the diverse range of research on ethics and entrepreneurship. Think about how some of their findings might apply to your own business as you answer Question D.
http://www.darden.virginia.edu/uploadedFiles/Darden_Web/Content/Faculty_Research/Directory/Harris_Sapienza_Bowie_2009.pdf
D. What sort of ethical dilemmas are particularly likely in your area of business? What steps can you take to ensure you remain ethical in your approach?
