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Ethical and Profitable Decisions
Making ethical decisions is just good business sense.
Ethics is not just about moral vision. Making ethical decisions is just good business sense. All business is based upon trust, reliability, and predictability. Those companies that make ethical decisions excel in all these points. Ethical decision making is profitable decision making. What causes corporate misconduct? Corporate misconduct is a simple misunderstanding of the corporation's best interests.
Luckily, we have Ambrose Bierce to guide us through this sober topic. All of my quotes will be from this American writer of the 19th Century. Without knowing it, he had a lot to say on the topic of Ethics. Bierce was a no-nonsense man, with a sterling reputation as a writer and an intellectual, who lived his life without pretension. Some of his quotes are humorous, but by the end of this article, I hope you will understand why I chose him.
Corporation, n. An ingenious device for obtaining individual profit without individual responsibility. -- Ambrose Bierce
Is this true? If you are interested in the rest of the article, read it free at http://mckinneyconsulting.com/content/view/210/28/
Ethics is not just about moral vision. Making ethical decisions is just good business sense. All business is based upon trust, reliability, and predictability. Those companies that make ethical decisions excel in all these points. Ethical decision making is profitable decision making. What causes corporate misconduct? Corporate misconduct is a simple misunderstanding of the corporation's best interests.
Luckily, we have Ambrose Bierce to guide us through this sober topic. All of my quotes will be from this American writer of the 19th Century. Without knowing it, he had a lot to say on the topic of Ethics. Bierce was a no-nonsense man, with a sterling reputation as a writer and an intellectual, who lived his life without pretension. Some of his quotes are humorous, but by the end of this article, I hope you will understand why I chose him.
Corporation, n. An ingenious device for obtaining individual profit without individual responsibility. -- Ambrose Bierce
Is this true? If you are interested in the rest of the article, read it free at http://mckinneyconsulting.com/content/view/210/28/
Replies to This Discussion | 이 토론에 대한 답글들
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Permalink Reply by Steven S. Bammel on -
Excellent article! And Ambrose Bierce's quotes are great. My favorite is the one about the egotist.
I agree that companies aspiring to greatness need to keep their ethical bar very high. However, I'm going to go out on a limb a bit and say that an ethical approach is a business strategy like anything else and I have no doubt that many companies are succeeding fabulously by being "un-ethical". Those aren't necessarily the role models we want to follow, but I'm not prepared to say that "good business sense" means "ethical decisions" for every business model.
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Permalink Reply by vince rubino on -
I have one to add to the list in your article:
What is the Cost of Lack of Integrity in the US?
DEREGULATION OF FINANCIAL INDUSTRIES BY PIRATES $700 B (TARP price tag alone)
Employee fraud $400 B
Time theft $230 B
Industrial espionage $200 B
Counterfeiting $200 B
Employee dishonesty $120 B
Identity theft $ 50 B
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