Ethics and the Limits of Philosophy. For example, courage is the moderate virtue between the extremes of cowardice and recklessness. In fact, 77 percent of management-level reporters experience retaliation, often within a few weeks of the report. Sometimes, that may mean redirection or a verbal warning. Caring This involves having a genuine concern for others, as well as a sense of compassion.
The trust you build as an ethical executive means people like doing business with you, as you take every reasonable effort to fulfill not only the letter, but the spirit of the promises and commitments you have made. You can learn more about building trust in a business in this course. Just do what you said you were going to do.
You need to be loyal to both your company, your team and yourself, while operating within a strong moral compass.
If you demonstrate your loyalty it builds trust, and shows that you place a high value on advancing the interests of both the company and your colleagues. You should not ever place loyalty above your other principles, or use it as an excuse for unethical behavior.
Demonstrate your loyalty but always make an independent judgment, and never use information that you have gained in confidence for your own personal advancement. Steer clear of conflicts of interest, and if you ever decide to leave your company do it on the best of terms. Give reasonable notice, respect any information that was gained in your former employer, and never engage in activities that take advantage of a previous position that was held.
In all of your actions, you must strive to be fair and just. An ethical executive is committed to fairness in all that they do, and do not seek to exercise their power for an unfair advantage or use indecent methods to gain a competitive edge.
Being an ethical executive means that you are committed to being fair, employ justice in your decisions and treat all people equally, with tolerance and acceptance of diversity.
Being fair also means being open minded, admitting when they have made a mistake, and adjusting their beliefs and positions when it is appropriate. This involves having a genuine concern for others, as well as a sense of compassion.
An ethical business manager is caring, benevolent and kind to both customers and staff, and seeks to reach their goals while causing the least amount of harm and the greatest amount of good. Being caring means understanding that there will be an impact on every stakeholder following a decision, and they always consider the financial, emotional and long term business consequences of an action.
Being ethical means treating everyone with respect, demonstrating this by being courteous and having an equal treatment of people regardless of who they are. Respect is given because everyone deserves dignity, privacy and rights, and they adhere to the rule that you must strive to treat others the way you would like to be treated. An ethical executive always obeys the law, and never breaks the rules, regulations or laws surrounding their business activities.
Being ethical in business is also about pursuing excellence in everything that you do. Delivering the highest quality of service or products makes business sense, especially if there is a constant endeavor to always improve. You need to demonstrate the principles and ethics you want your team to live by, and take an active role as a leader to be a positive role model.
The best way you can enforce an ethical mentality is to lead by example, and creating an environment within your business that values decisions made on principles and standards of ethics.
You can learn more about the ways you can approach being a leader in this recent post. Ethical business managers enhance the good reputation of a company, which at the same time boosts the morale if its employees.
The company reputation is very important, as well as the pride and morale of their employees. As an ethical business manager you need to avoid taking actions that undermine this respect, and they take action to correct any inappropriate behavior of others.
Being ethical means holding yourself accountable, and acknowledging and accepting personal accountability for their decisions, and any consequences. Not just personally, but an ethical manager will stand up and take accountability in front of their colleagues, their company, and the community.
This is the foundation that takes your company to the success that it deserves to reach! Create a Course Corporate Learning Mobile. Music Sports Games Marketing. The reasons for having high ethical standards include: Here are 12 principles that form the basis of business ethics, and are what you need to hold yourself accountable to: Honesty You need to be honest in all of your actions, and every communication you make. Integrity Being ethical in business means maintaining a high level of personal integrity.
Keeping Your Promises Your word is one of the most important tools in your arsenal as a business manager. Loyalty You need to be loyal to both your company, your team and yourself, while operating within a strong moral compass. Fair In all of your actions, you must strive to be fair and just. Caring This involves having a genuine concern for others, as well as a sense of compassion.
A key component of workplace ethics and behavior is integrity, or being honest and doing the right thing at all times. For example, health care employees who work with mentally or physically challenged patients must possess a high degree of integrity, as those who manage and work primarily with money. Workers with integrity also avoid gossip and sneakiness while on the job.
Taking responsibility for your actions is another major factor when it comes to workplace ethics and behavior. That means showing up on scheduled workdays, as well as arriving on time and putting in an honest effort while on the job. Workers who exhibit accountability are honest when things go wrong, then work toward a resolution while remaining professional all the while.
A vital aspect of the workplace is working well with others. That includes everyone from peers to supervisors to customers. While not all employees will always like each other, they do need to set aside their personal or even work-related differences to reach a larger goal. On the other hand, those who work well with others often can advance on that aspect alone, with teamwork sometimes even outweighing performance. Ethical and behavioral guidelines in the workplace often place a high amount of importance on dedication.
Although possessing the necessary skills is essential, a strong work ethic and positive attitude toward the job can carry you a long way. Sam Amico is a reporter for NBA. Skip to main content.
Ethical behavior tends to be good for business and involves demonstrating respect for key moral principles that include honesty, fairness, equality, dignity, diversity and individual rights. Jun 30, · Ethical and behavioral guidelines in the workplace often place a high amount of importance on dedication. Although possessing the necessary skills is essential, a strong work ethic and positive attitude toward the job can carry you a long way. Ethical behavior is acting in a manner that is in tandem with what society considers to be good morals. Ethical behaviors are important because they guide people’s actions. Examples of ethical behavior include integrity, fairness, honesty and dignity.