Ethical Dilemma with Stakeholders
You're the CEO of a pharmaceutical company. Your best-selling drug ($2B annual revenue, used by 4 million patients for chronic pain) has…
The Core Decision (Made Before Hour 1) The side effect is real, serious, and known to me now. Patients are currently taking this drug without informed consent about a ~1-in-8,000 liver failure risk. Everything else — stock price, board pressure, legal exposure — is secondary.Read the full answer
Crisis Response Plan: 48 Hours to Board Meeting Foundational Principle Before laying out the timeline, let me anchor this in what I believe is the only defensible position: patient safety is non-negotiable. Here's why this isn't just ethics—it's also strategy.Read the full answer