Miles Allison on business ethics
From RC2001 Video Presentation (Miles Allison) · · Miles Allison
“I looked into the ethical side of making choices for businesses and the importance of knowing the right and moral thing to do for the betterment of the company, its employees, and the environment around it.”
On , Miles Allison, Chairman of the Board & Chief Executive Officer at COMSTOCK RESOURCES INC, spoke about business ethics during RC2001 Video Presentation (Miles Allison) on Miles Allison.
About Miles Allison
Miles Allison, Chairman and CEO of Comstock Resources, has been featured in two recent videos. In one, he discussed his personal background, stating that he began his career at a local bank for three to four years before starting a real estate business. He said he initially had no money or knowledge and began sending direct mail marketing letters, sending 10 to 15 letters per week for three to four months before receiving a response. In a separate video presentation, Allison discussed decision-making methodology in business management. He said he examined the ethical side of business choices, noting that poor decision-making can lead to exploitation of employees, disregard for consumer needs, and negative environmental impacts. He described four decision-making styles: decisive (efficiency and sticking to a decision), hierarchal (analytical, data-driven decisions), flexible (adaptable and speed-focused), and integrative (combining multiple ideas and strategies). He outlined a step-by-step process for leaders, including classifying the problem, defining the root cause, identifying solutions, considering moral implications, and testing decisions through feedback. For workplace disputes, he recommended listening to both sides, empathizing, and seeking a compromise.