Ethics: Harder in a Recession?

Information technology consultant Dena L. Smith lays out a hypothetical dilemma: Should an IT department hire a more expensive vendor because the vendor shares its own company's ethics standards, or should it go with a lower-cost provider that doesn't?

Companies with established ethical standards that guide how they conduct business frequently confront this kind of question, Smith says, but it's a particularly tough question today, given the recession.

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With IT departments forced to cut budgets and staff, CIOs will find it difficult to allocate dollars for applications that promote corporate ethics.

"The decisions were easier in the days when the economics were favorable, but the choices may have to be more limited now," says former CIO John Stevenson, president of consultancy JG Stevenson Associates. "Now it's how much can you afford to do versus how much do you have to do so you don't get burned."

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Source: thestandard.com
By: Mary K. Pratt