What kinds of structural conditions or company policies do I need to put in place to create an ethical culture?.How can I influence the character of my business?.How do I make good ethical decisions? How do I analyze a situation and make a decision that positively contributes to the common good?.How do I define the common good for my business? What does it mean for my customers, my employees, the community where my business is located, my investors, and my supporters?.Here are a few key questions to consider to bring ethics into your business mindset: Business leaders have a unique role and a great responsibility in shaping the ethical culture of their businesses, and thereby influence their broader communities as well.īusiness leaders may not set out to define the ethical culture of their businesses but they inevitably do. Ethics guides us to make the world a better place through the choices we make.Įthics in business is just as important as ethics in personal life. There is a framework of ethics underlying our lives on a daily basis, helping us make decisions that create positive impacts and steering us away from unjust outcomes. Ethics is what guides us to tell the truth, keep our promises, or help someone in need. We can think of ethics as the principles that guide our behavior toward making the best choices that contribute to the common good of all. But what does ethics mean, and why do ethics matter for business? We are all encouraged to make ethical choices and apply ethics in all areas of our lives.
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