Tuesday, November 27, 2012

Petraeus affair: 5 lessons for companies

From CBS News MoneyWatch:

The unfolding scandal involving Gen. David Petraeus is not confined to the upper echelons of the U.S. military -- it also has been a recurrent drama in the corporate world, felling top dogs at dozens of companies from Hewlett Packard (HPQ) to Lockheed (LMT). Yet while the sexual proclivities of top executives pose a risk to corporate value, rather than to national security, such scandals have common themes -- and similar lessons, experts say.

Aside from ordering chastity belts for corporate chief executives and generals, what can be done to reduce the chance that an indiscretion will damage an organization?

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