Business ethics are an almost daily topic in the news, in business schools, in the workplace and in our homes. The creation and requirement for transparency and sharing of information in strategy, decision-making and performance management establishes an environment where goals, and the resources and behaviors used to achieve them, can be aligned for greater cooperation and performance.
In fact, these days there is a lot of talk about environmental footprints and your business ethics will play a role in what your company does to reduce its impact on the environment. In this form, social responsibility is nothing but a modern and open way of flexible management.
Modern ethics is first and foremost, the science that allows to consider human relationships, as well as to evaluate the behavior of people in terms of generally accepted norms. To grow your business, you need to recruit more people and then encourage them to buy your products.
There is no real separation between doing what is right in business, and playing fair, telling the truth and being ethical in your personal life. They happen all the time because they are ultimately of great importance to the bottom lines of businesses. Business ethics are part of that plan including the company’s strategy for growth, stability, and profits.
At the same time, the business has a certain social responsibility. Violations of ethics important in business, can lead to expelling the person from the organization and black listing him. Today is a very opportune time to take advantage of the current business environment to present ethical behavior as a requirement, not an option.