Focus on short-term means next corporate scandal already in pipeline, according to new research by the CIPD
The CIPD (Chartered Institute of Personnel and Development) is an independent UK-based body with over 140,000 members from the HR, IR, and people development fields with a mission to make work and working lives better.
“Recent CIPD research has found that when tasked with increasing organisational performance, 30% of business leaders would choose to continue rewarding high-performing individuals regardless of the values they demonstrate, suggesting that the next big corporate scandal is already in the pipeline…”
(Source: CIPD Press office)
- 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.
Watch “CIPD: our story”:
The Council on Business & Society Global Alliance is an ongoing international dialogue between six of the world’s leading business schools and an organiser of Forums focusing on issues at the crossroads of business and society – The Council Community helps bring together business leaders, academics, students and journalists from around the world. #CouncilonBusinessandSociety