Can a Enterprise Be Both Ethical and Successful?


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This query has been troubling me for some time now. I say troubling, not because I personally have any doubt that business and ethics can and must coexist for a corporation to realize success. I say it because reality shows that, despite the truth that most corporations within the corporate world have their so-called “Code of Ethics,” just just a few of those corporations truly go by it. Within the meantime, more and more corporations and individuals find excuses for their unethical behavior, and accordingly putting those who proceed to believe in ethics in a difficult situation, in which the latter group has to compete towards those that are less principled. Sadly, ethical people usually lose in their fight towards those, who would do anything to get what they want. As a matter of reality, in right this moment’s world, it has develop into more the rule than the exception for ethical people to fail of their career and their enterprise life simply because they must compete with the more common type of people in today’s marketplace, namely the unprincipled, or whom many favor to call “smart.”

Nearly every single day, we are faced by situations in which we have to make a choice and choose between something ethical and one other that’s less than ethical, with the latter, virtually always, appearing because the more rewarding. Being hung up on profit and the urge to succeed most people sadly choose the latter, with a purpose to realize their immediate goals.

There are various examples of unethical choices which might be made in the business world. Two examples come to mind. At the business level, I can think of situations in which a business takes a cutthroat approach to remove competing businesses or people from their path, instead of entering with them into an honest competition; At the particular person level, I can think of a situation in which a grasping worker is focused by a competitor and is paid a bribe or a fee in return for confidential information that may help the competition snatch a business opportunity from the employer. The sad part is that most individuals, nowadays, instead of condemning such a behavior, they describe it as a smart move, and add, “You cannot be a sheep among wolves.” They say it, as if becoming a member of the wolves is the only resolution to survive in as we speak’s world.

I wonder! When did it change into settle forable to be dishonest, crafty and downright villainous? Why are trustworthy people considered naive, or more importantly why do they lose their likelihood of profitable towards the more crafty and less ethical? Who made this the number one rule of success? And, is a menace against the financial profitability of an organization or an individual price sacrificing one’s values and permitting his or her ethics to exit of the window?

In my book, it doesn’t should be this way. Good business ethics can and should be part of a profitable business. Unethical businesses might be profitable on the brief run, but can by no means be truly successful. A business without ethics is a business without integrity. Such a enterprise might realize instant profitability however it will definitely face long term failure. This rule applies to each facet of our life. This is true, not only because purchasers like to deal with value-based companies, but additionally because an unprincipled business is like a rotted house destined to break down at the hands of its own in-grown termites. It merely doesn’t have a strong foundation on which it can stand in the face of the various storms it will face in its lifetime.

So, what do you do to make ethics the thread that weaves the material of your organization?

1-Lead by example. Encourage your workers and shoppers to do what is right.

2-Encourage your employees to do the best thing, and reward them for it.

three-Do not tolerate corruption or unethical conduct in your company,

4-No matter how profitable a partnership or a enterprise relationship would possibly seem, don’t take it if it signifies that you workforce up with an unethical company or particular person,

5-Finally keep in mind that combating the good fight to win the race is way more satisfying, regardless whether you win or lose, than successful at the expense of somebody else.

Live and lead by instance, for when all lately are behind you, and you are sitting in your rocking chair telling your grandchildren tales about your achievements, you will not only feel proud to tell the story of your honest life struggles, but you will also be teaching them tips on how to live an sincere and righteous life. Only then, your quick journey in this world would have made a difference, and your life would not have been in vain.

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