By Andrea Bonime-Blanc on Nov 5, 2013
The Ethical Corporation
I recently heard a keynote address by the former chief executive of Olympus, Michael Woodford. Woodford was the Olympus boss who within months of his appointment blew the whistle on the company’s multi-year $1bn-plus financial fraud. After exposing the company’s fraud, Woodford wrote about it in the book Exposure, soon to become a movie.
This example underscores the difficulty that all whistleblowers (or people who dare to speak up) experience within their organisations. Speaking up about perceived or actual wrongdoing can be one of the most difficult and vexing ethical, moral, legal and personal dilemmas anyone can face in their lifetime. The stories of those who have blown the whistle only to be ostracised, demoted or terminated are the stuff of the bestseller lists and box office blockbusters.
The entire article is here.