Evaluation of Ethics
We have to learn from the mistakes of our past. In looking back in history, we are witnesses to the destructive effects of unethical leadership from companies like Enron, Tyco, WorldCom and various banks. These companies not only brought a mess to their own businesses but to our whole country as well.
So how did this happen? And what can we do?
Well what we have to do is be more ethical. This basically means just doing the right thing.
In a business sense, the notion of ethics is primarily put on the standard of conduct by the individual business workers, not the business as a whole.
This is what went wrong in those companies. The leaders put too much emphasis on being profitable that they undercut many basic fundamentals of business relations.
So where we have to start is with the individual workers. The best way to teach ethics is by being a personal example. It is not as simple as just telling someone what to do. The way individuals handle themselves when dealing with others is aroused from a lifetime of behavior. Human beings are creatures of habit. We must turn this habit into being ethically sound to others.
There are many benefits that occur when individuals understand this true importance of ethics in our world. Bosses who treat their workers with more dignity and respect will only be gifted with individuals who are more loyal, honest and hardworking. Same goes for business relations between companies. If these relationships are improved to acknowledge the significance of ethics then business relations will only become more concrete and successful.
It’s a win-win for everyone when individuals begin treating others the way they want to be treated.
I mean that’s the golden rule after all isn’t it?
We must head into the new year of 2011 with a new profound sense of compassion and moral ethical principles.