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
CEO Action Plan: 48-Hour Crisis Response to Undisclosed Liver Failure Risk Objective: Protect patient safety, uphold ethical and legal obligations, mitigate long-term reputational and financial damage, maintain regulatory trust, and safeguard employee morale—all while navigating immense pressure.Read the full answer