Ethics-Governance: Article: The Case of Bad News

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The Case of Bad News The Case of Bad News The new CEO of a corporation learns that he has inherited problems with growth and profitability. A four-day workweek and, eventually, layoffs prove necessary. Who is the CEO obligated to inform and when? By Gil Amelio Responding to a Business Downturn George Anderson was just a few months beyond his 40th birthday on the day he became CEO of Astratech Communications International (ACI). What an upper! He was still basking in the glow of his good fortune, eager to try out his skills as the CEO. He hoped to get the chairmanship one day when the company's founder, Mike Marcus, decided to step down. Life was good. ACI was a leading supplier of fiber optic transceiver components for the telecommunications industry. Full Article: http://www.scu.edu/ethics/dialogue/candc/cases/badnews.html


2006 Ethics-Governance.com