Stopping White-Collar Crime at Your Company

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 2 July 2019

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Eugene Soltes, associate professor at Harvard Business School, studies white-collar crime and has even interviewed convicts behind bars. While most people think of high-profile scandals like Enron, he says every sizable organization has lapses in integrity. He shares practical tools for managers to identify pockets of ethical violations to prevent them from ballooning into serious reputational and financial damage. Soltes is the author of the HBR article “Where Is Your Company Most Prone to Lapses in Integrity?”

Transcript

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0:00.0	Hey everyone it's Kurt we need your help with our annual survey this is your last chance to help us get to know you so we can make idea cast even better for you
0:09.8	it's easy just go to HBR.org
0:13.0	podcast survey.
0:15.0	Again, that's HBR.org slash podcast survey.
0:19.0	And, thanks for listening. Welcome to the HBRIDIA cast from Harvard Business Review. I'm Kurt Nickish. Some cases of bad corporate behavior are now so
0:52.0	infamous just saying the company's name
0:54.4	evokes the costly scandal Enron, Wells Fargo, Volkswagen, but there are also all kinds of
1:01.9	smaller white collar crimes that happen every day.
1:05.0	The truth is every sizable organization has pockets where things like offensive language,
1:11.0	overly aggressive sales practices or conflicts of interest are overlooked
1:15.8	or even silently approved of.
1:18.3	If those lapses are not caught, they can grow into real threats to the company.
1:23.6	Today's guest researches these so-called integrity gaps,
1:27.0	and he has practical tools for managers
1:29.4	to flag potential issues quickly
1:31.6	and prevent them from becoming big problems.
1:34.6	Eugene Saltis is an associate professor at Harvard Business School.
1:38.5	He's the author of the HBR article, Where Is Your Company Most P prone to lapses in integrity? He also wrote the book
1:45.7	Why They Do It Inside the Mind of the White Collar Criminal.
1:49.1	Eugene, thanks for coming on the show.
1:51.1	It's a pleasure. Thanks for
1:55.0	a pleasure.
	...

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