Davide Nicolini

Ethics is often associated with the abstract realm of philosophers. But there’s nothing abstract about the risks for business leaders. Ethical missteps can expose companies to a host of reputational, regulatory, and legal risks. In response, companies develop ethical guidelines or codes for decision-makers and set up boards to govern guideline usage.

Want a More Ethical Team? Build Expertise, Not Just Guidelines The practical application of ethical guidelines requires skill, not just noble intentions. Here are four ways leaders can develop people’s ethical compass. Carolyn Geason-Beissel/MIT SMR | Getty Images Ethics is often associated with the abstract realm of philosophers. But there’s nothing abstract about the risks for business leaders: Ethical missteps can expose their companies to a host of reputational, regulatory, and legal risks.

Manos Gkeredakis is an assistant professor at IESE Business School. Haridimos Tsoukas is a professor at the University of Warwick’s Warwick Business School and the University of Cyprus. Jacky Swan is a professor at Warwick Business School. Davide Nicolini is a professor at Warwick Business School. Ethics is often associated with the abstract realm of philosophers.