Dr. Karen Eriksen’s passion has always been transforming lives so as to make a difference in the world. Currently, she transforms organizations from the top down, helping leaders and managers to develop the tools necessary to stimulate change and innovation and to create healthy and fully functional organizations in which employees can optimally work and create. Her gift is triggering the energy of group processes in which participants create solutions that are more and bigger and better than they could create on their own. The Eriksen Institute offers corporate training and consultation, course design, continuing education, coaching, and public speaking on topics that help organizations to operate optimally. She has obtained top evaluations from participants.

Ethics & Character: The Economics

Did You Know. . .
Highly ethical businesses headed by leaders with character consistently and substantially outperform those without?

According to researchers at Harvard Business School
and DePaul University, these businesses:

  • Show 4 times the revenue gains long term
  • Demonstrate 8 times the increases in their workforce
  • Show 12 times the increases in stock prices
  • Indicate 756 times the net income
  • Evidence 3 times larger Market Value Added
  • Rank 14.8 percentiles higher on rankings of financial performance
  • Obtain 6.7 out of 10 points higher on reputation scores

The businesses' profitability results from:

  • Increased customer referrals
  • Improved recruitment and retention; employee and customer referrals decrease recruiting costs
  • Reduced misconduct, employee fraud, and absenteeism
  • More positive and fruitful working relationships
  • Decreased trust- and equity-destroying scandal
  • Improved communication - makes information available that's necessary for good decisions
  • Other ethical organizations whose leadership commits to character improve their functioning and productivity for the same reasons.

    Want to review the research on the economics of ethics in organizations? CLICK HERE

Ethics Training Books, Workplace Ethics, Business Ethics

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