Brian Peckrill, head of the McGowan Charitable Fund, emphasizes that ethical leadership is critical in today's fast-paced business world driven by artificial intelligence. Companies that prioritize their people's well-being over mere profitability tend to perform better in the long term. Peckrill warns that failing to maintain ethics while striving for profit can lead to detrimental outcomes, citing the downfall of MCI and WorldCom due to scandals that prioritized financial gain over ethical considerations.
"The truth is, if you're cutting corners, it's going to catch up to you at some point. And that's what we hear."
"What Bill McGowan, our benefactor, saw is that when a business lacked ethics and they were fully focused on profits, what suffered was people."
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