Business Ethics - A Reflection From the Past - Bob Pillsbury

The program on July 31st was presented by member Bob Pillsbury.

Bob and Tody have sold their home, and that was the impetus for his talk about business ethics with a bit of his family history. In preparing to move, Bob got into some old boxes that they had kept, and he ran across a publication that included a speech given by his grandfather at the 27th annual convention of Rotary International. Bob's grandfather was an electrical engineer by training, and he was in top management at Munsingwear.

His speech, given at the height of the financial distress called the Great Depression, spoke to the subject of business ethics, especially in times of stress. The talk reminded his peers that it was not ethical to cut quality in order to freeze out your competitors, and that special care had to be taken by managers to remain ethical when all of commerce was straining to survive.

Next week:    West Suburban Teen Clinic