Friday, April 27, 2012

Digest - the power of reputation

We are in an era that has witnessed the demise of industry giants who thought they were above the law, lie to customers and investors, used creative accounting to hide misconduct, earned profit at the expense of everyone associate with them, and in the process destroyed all trace of trust. The collapse of these companies and the downfalls of their executives demonstrate that greed, manipulation, and dishonesty have no place in business. Business leaders who build their reputation on fear and loathing go down in history as failures.

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