Professor J S Nelson on What Everyone Needs To Know About Business Ethics

How can we manage the ethical challenges faced in business?On this special episode of the show, I’m speaking to Professor Josephine Nelson, the co-author of a brand new book called ‘Business Ethics: What Everyone Needs To Know’. Josephine — who publishes as JS Nelson — is a Professor of Business Ethics (Law) at Villanova Law School and is currently a visiting professor at Harvard business school. The episode is special because I’m releasing it just a few days after recording as an extra episode between the regular schedule. That usually only happens when I’ve recorded an episode about something topical in the news. Ethics is something I’ve covered before (links to relevant episodes below). The reason I’m rushing this episode out is personal. Not because I have to resolve many ethical issues in my business — though, as you’ll hear, we all have to deal with them on an ongoing basis and if you think you don’t, watch out! Instead, because of the considerable number of times I’ve found myself talking about the ideas shared by my guest since recording. The insights provided by Josephine have come up so many times, in such a short period, that I wanted to get the episode out asap. In part, so the clients I’ve already spoken to about them — and those I undoubtedly will — can hear it directly from her. That hopefully also means it’s highly relevant to you. Josephine’s insights in the book and on the show aren’t just relevant to our work environments. They can also help us to think about the decisions made by companies we engage with — or choose not to — politicians we vote for - or don’t — and those with whom we surround ourselves — or don’t.The episode contains some very simple observations about ethics. But don’t let the simplicity fool you. They’re astonishingly insightful and practical. I can’t recommend the book enough, and I’m really excited to bring you this episode because what Josephine has to say is incredibly important. And if you think that means an overly serious episode, think again. As you’ll hear, Josephine is a lot of fun, and there’s lots of laughter.To find out more about Josephine’s work at Harvard Business School - https://www.hbs.edu/faculty/Pages/profile.aspx?facId=876714To learn more about the book she co-authored with Lynn Stout, “Business Ethics: What Everyone Needs to Know” and to explore her areas of research, visit Josephine’s website - https://www.jsnelson.net/During our discussion, we talk aboutJosephine’s previous appearance on the show, a cross cast of Alison Taylor & Jerome Tagger’s Breaking The Fever Podcast on Workplace Surveillance: https://www.humanriskpodcast.com/professor-j-s-nelson-on/Professor Yuval Feldman’s work on writing rules for ‘Good People’ - https://www.law.nyu.edu/sites/default/files/upload_documents/Feldman%20The%20Law%20of%20Good%20People.pdfThe Boeing 737 Max Scandal - https://hbswk.hbs.edu/item/cold-call-what-went-wrong-with-the-boeing-737-maxThe Wells Fargo Cross-Selling Scandal - https://corpgov.law.harvard.edu/2019/02/06/the-wells-fargo-cross-selling-scandal-2/The Wells Fargo Fake Account Scandal -

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People are often described as the largest asset in most organisations. They are also the biggest single cause of risk. This podcast explores the topic of 'human risk', or "the risk of people doing things they shouldn't or not doing things they should", and examines how behavioural science can help us mitigate it. It also looks at 'human reward', or "how to get the most out of people". When we manage human risk, we often stifle human reward. Equally, when we unleash human reward, we often inadvertently increase human risk.