Papers & Pitches:.Risk Management

Business Ethics, Risk Management, and the Open Enterprise (Paper)

This short paper introduces the idea that openness in Knowledge Processing in corporations is an ethical issue. Thus, it explains that Knowledge Management has an important role to play in guarding against corporate corruption and malfeasance by shaping the conditions in which corporate policies and business processes are developed, tested, and evaluated before, during, and after they are adopted. It concludes by pointing to the 'Open Enterprise' as an important new prescriptive model for consideration by boards, managers, and Ethics Officers as a blueprint for achieving openness in Knowledge Processing. This paper was written by Mark W. McElroy in January, 2003.

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