× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
e
4
h
4
h
4
m
3
d
3
B
3
o
3
w
3
H
3
a
3
c
3
k
3
New Topic  
lindseyb1220 lindseyb1220
wrote...
Posts: 733
Rep: 0 0
6 years ago
Is the reputational impact of unethical behavior different for a sports star than for a business, or for yourself?
Read 73 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
Tiger Woods, and many other sports stars, are phenomena: we are so in awe of their featsand don't want to miss the thrill of their next appearancethat we are often blinded to their weaknesses or failings. But when their bad behaviour becomes public, we recognize that their high profile may not buffer their reputation. Often, such behavior presents companies using stars for marketing with risks they want to avoid, and marketing contracts are terminated using built-in morals clause provisions. Businesses find that fallen stars are poor role models for adults or children, and many people realize that their behaviour is not what they want others to emulate or endorse by buying.
In the business world, scrutiny of high-level people is less intense if they lack celebrity appeal, but negative reaction can be as significant, and questions can be raised about suitability for promotion or termination can result. While Tiger Wood's celebrity may protect him from fall-out from some misbehavior, it is unlikely that a business person or professional would be similarly protected. For individuals wanting to work in positions of trust  such as professional accountants  the negative fall-out could be career-ending.
It may be helpful to consider other instances where unethical behavior has been negatively received. Many corporations have suffered significantly because the public has realized that the enterprise has been doing something unethical. Examples would include VW for cheating on emissions tests, or Wells Fargo for creating 2 million fake accounts. Also instructive is the public reaction in October 2016 to what presidential candidate billionaire Donald Trump dismissed as his locker room talka candid video and tape of lewd, denigrating comments about women. First Lady Michelle Obama eloquently described why his behavior and attitudes are unacceptable today, but also why fear of retribution makes it difficult to speak against people in power. Without celebrity stardom, many people might find that our stakeholders are quite unforgiving.
In the future, there will be increasing scrutiny of how we do something, or how business earns a profit, not just of what we achieve. Focussing on the quality of how we do something, and the values we observe, will protect lasting reputation much more than spectacular short-run success.
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1181 People Browsing
 155 Signed Up Today
Related Images
  
 989
  
 996
  
 317
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 300