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…
Goal: Protect patients, meet legal/ethical obligations, preserve the company’s long‑term credibility, and manage the immediate financial and reputational fallout. Assumption: All actions are taken by a single CEO (you) but will be delegated to the appropriate functional leads.Read the full answer
As CEO, I would not wait six months and I would not let the board delay disclosure while patients remain exposed to an unreported serious risk. I would treat this as a patient-safety, regulatory, legal, and trust crisis—not merely a financial-risk issue. My guiding decisions would be: Patient safety comes first.Read the full answer