How can courage be built to prevent unethical behavior in business?

Courage can be built through practice, and without it, unethical behavior like the Enron fraud can occur.

What happened when Ted reported the illegal trading ring?

Ted came forward with the encouragement of a friend and justice prevailed.

What was the speaker's experience when reporting unethical behavior?

The speaker received a disappointing response when reporting unethical behavior to their boss, the CFO.

Why did the speaker hesitate to speak up in a difficult situation?

The speaker hesitated but ultimately remembered their shared values and recommended going to the Board.

How can we prevent being influenced by unethical behavior in business?

We can prevent being influenced by unethical behavior by using the space between stimulus and response to reconnect with our values through Social Fitness Training.

Building Ethical Cultures in Business: Key Insights from Brooke Deterline

Name: Building Ethical Cultures in Business: Key Insights from Brooke Deterline
Uploaded: 2023-09-01 20:00:16
Description: Building courage and reconnecting with shared values is crucial in preventing and addressing unethical behavior in business.

This article is a summary of a YouTube video "Creating ethical cultures in business: Brooke Deterline at TEDxPresidio" by TEDx Talks

TLDR Building courage and reconnecting with shared values is crucial in preventing and addressing unethical behavior in business.

Key insights

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Courage is a skill that can be built with practice, and it's necessary to act from our hearts in the face of fear.
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Courage and skills to act on values in the face of fear can make a difference in unethical business situations.
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Brooke Deterline shares the importance of acting on shared values even when it's hard in order to create ethical cultures in business.
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Neuroscience calls it "priming the brain" - using fear or adrenaline as a cue for mindful action instead of avoidance.
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Courage is an innate capacity that we all have, and it's a choice we need to make to create ethical corporate cultures.

Q&A

How can courage be built to prevent unethical behavior in business?

— Courage can be built through practice, and without it, unethical behavior like the Enron fraud can occur.
What happened when Ted reported the illegal trading ring?

— Ted came forward with the encouragement of a friend and justice prevailed.
What was the speaker's experience when reporting unethical behavior?

— The speaker received a disappointing response when reporting unethical behavior to their boss, the CFO.
Why did the speaker hesitate to speak up in a difficult situation?

— The speaker hesitated but ultimately remembered their shared values and recommended going to the Board.
How can we prevent being influenced by unethical behavior in business?

— We can prevent being influenced by unethical behavior by using the space between stimulus and response to reconnect with our values through Social Fitness Training.

Timestamped Summary

💪

00:00
Building courage is crucial to prevent corruption like the Enron scandal.
🚨

01:24
Ted uncovered illegal trading in his department and, with support, reported it leading to justice being served.
💔

02:19
Reported unethical and illegal behavior to CFO, but received disappointing response.
🤔

03:14
Remembering shared values, the speaker recommended going to the Board in a difficult situation.
👥

04:20
We are susceptible to situational influence and tend to be bystanders or conform to group behavior, as seen in the Stanford Prison Experiment.
💼

05:26
Use Social Fitness Training to reconnect with your values in business and avoid ethical implications under pressure.
🧠

06:37
💪 Retrain your brain to act from your values in the face of fear by recognizing patterns and practicing social flight simulations.
🚦

07:31
Interrupt your patterns and create a pause button to foster ethically courageous corporate cultures.