Lead Ethically

Napoleon Hill Law Of Success - Lead Ethically

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In the long run, ethical company practices will have a obvious consequent on profitability. There are situations, especially in the short term, where unethical carrying out can produce greater profits than in the short run. However, for the long term condition and profitability of a business, abiding by the top ethical standards can prevent unnecessary litigation and legal ramifications, prevent a tarnished prestige as a crooked company and increase the lowest line. Even without the legal aspects and being crooked, a company needs a good prestige to prosper.

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Napoleon Hill Law Of Success

Corporate ethics are thought about by the administration and leadership of the company. The corporate culture, planning process, and the way the company implements its plans and controls all behavior and actions of those complex with company dealings help decree if the company is ethical or unethical. The perception of being ethical or unethical can have critical impact on the profitability of any company. It is imperative that those in leadership and administration positions hold themselves to the top of standards and insist those they supervise also adhere to the ethical guidelines set for the company. Wrong is wrong, and there is no right way to do a wrong thing. In the great diminutive book, The Power of Ethical administration by Kenneth Blanchard and Norman Vincent Peale, the authors set forth the "ethics check" questions:

1. Is it legal? Will I be violating whether civil law or company policy?
2. Is it balanced? Is it fair to all concerned in the short term as well as the long term? Does it promote win-win relationships?
3. How will it make me feel about myself? Will it make me proud? Would I feel good if my decision was published in the newspaper? Would I feel good if my family knew about it?

Using Blanchard and Peale's "ethic check" questions can guide managers and workers alike toward "right" behavior. As we have learned, managers have the accountability of bringing out the best in those that work for them. The "best" encompasses ethical performance. In many situations, the best way to lead is by example, and when it comes to ethical behavior, there is no other way. If a owner acts unethically, or avoids confronting an ethical issue, it is as if he is condoning it and saying it is okay. That is a bad example. It is easy to lose focus and then make an excuse or construe behavior, but in the end you harm yourself and the company you work for. You must lead ethically. Checking your behavior and actions with the "ethics check" can help keep things in perspective and balance, not to mention on the straight and narrow.

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