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Rethinking Integrity - Accompli

Leader to Leader, No. 28 Spring 2003 Rethinking IntegrityAMIDan epidemic of corporate fraud, as top-level executives areled away in handcuffs, trusted accounting systems fail, multibillion-dollar bankruptcies abound, and suspicions spread that markets arerigged, public faith in corporate leaders continues to deteriorate ina seep of corruption. A recent cartoon captures the mood: In thefirst panel, Dilbert says, Then our new CEO backed up a movingvan to the building and robbed us. Asked what the board ofdirectors did to protect the company s assets, Dilbert cynicallyresponds, After loading the van? As a society, we have been quick to condemn those accused ofwrongdoing at companies including Enron, WorldCom, ArthurAndersen, Tyco, and many Wall Street firms; we have debated theneed for stricter rules and tougher enforcement.

Rethinking Integrity— Stratford Sherman 2 In Search of Integrity DICTIONARIES, which record precise definitions for words at par- ticular points in time, show how the meaning of the word integrity adapted to social change. Let’s start with the Oxford English Dictionary, Britain’s conservative, authoritative source of definitions grounded in the bedrock of centuries of use.

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