The Seven Signs of Ethical Collapse
How to Spot Moral Meltdowns in Companies... Before It's Too Late
by Marianne M. Jennings · first published 2006
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"The common throughline is a broken culture where deviance is normalized and those who speak out are ignored." The must read on the issue says so too. "The Seven Signs of Ethical Collapse: How to Spot Moral Meltdowns in Companies", Marianne M. Jennings
on “FAA Finds New Risk on 737 Max, Orders Boeing to Make Changes” ↗The book "The Seven Signs of Ethical Collapse" tells the stories of companies that suddenly collapsed due to hidden issues, like Enron and Worldcom. Tesla fits every sign: larger-than-life CEO with massive executive turnover, board of directors very…
on “Tesla short sellers $2B in the red for June as shares soar” ↗Jim Chanos, a famous short seller known for his Enron short (and who's also shorting Tesla), often refers to the book The Seven Signs of Ethical Collapse by Marianne Jennings [1] when talking about identifying financial frauds. Here's a brief summary of it [2]. It's eerie how many apply to Elon Musk and Tesla. [1] https://www.amazon.com/dp/B008FPVKVA/…
on “Tesla Approaches Terminal Decline” ↗Seven Signs of Ethical Collapse 1. Pressure to maintain numbers 2. Fear and silence 3. Young ‘uns and a bigger-than-life CEO 4. Weak board of directors 5. Conflicts of interest overlooked or unaddressed 6. Innovation like no other…
on “Warning from OpenAI leaders helped trigger Sam Altman's ouster” ↗