Ethical lapses cost nonprofits
- December 6, 2007 |
- evans
Many organizations never see the disaster coming until it makes headlines. The CEO who dates a subordinate employee. The leader with the conspicuous expense reports. The dubious accounting problems swept under the rug. The bad judgment and ethical lapses of leaders can turn any company or organization upside down, damaging staff morale and reputation, and hurting its fundraising ability. The ousting of Mark Everson, CEO at the American Red Cross, offers the moral of a CEO whose lapse in judgment cost him his job and had a significant impact on the organization. The Red Cross board terminated Everson on Nov. 27 when his personal relationship with a subordinate came to… Read More