Are consulting companies ethical?

Consultants Should Do No Harm In management consulting, executives and consultants are primarily responsible for creating value and safeguarding the interests of their clients, however they should also protect society by pursuing their goals in an ethical manner.

Is McKinsey and Company ethical?

We are a values-driven organization and aspire to meet the highest professional, legal, and ethical standards. McKinsey is committed to making a positive social impact through our work with our clients and in the way we run our firm.

What is ethics in consulting?

Principles for Ethical Consulting Ethics includes the fundamental ground rules by which we live our lives. Values that guide how we ought to behave are considered moral values, for example, values such as respect, honesty, fairness and responsibility.

How do ethics play out in consulting?

Ethics consultants are trained to identify, analyze, and help resolve difficult ethical issues. Ethics consultants in social work can assume various roles, depending on their employment setting and responsibilities. Many ethics consultants provide in-service training to agency staff about ethical issues they encounter.

What did McKinsey do in opioid?

But McKinsey’s consultation and marketing plans developed for opioid manufacturers extended beyond Purdue. Its marketing plans were used by the country’s largest opioid manufacturers, including Endo, Johnson & Johnson, and Mallinckrodt, to increase the sale and use of opioids in Nevada.

What are some important ethical considerations for consultants?

Here are some important ethical guidelines for consulting during organizational change.

• Do no harm to your client.
• Keep client information private unless the client or law requests otherwise.
• Do not create dependence by you on your client, nor by your client on you.

What are some ethical issues that consultants should be aware of?