Lead Ethically

Law Of Success Napoleon Hill - Lead Ethically

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In the long run, ethical firm practices will have a safe bet follow on profitability. There are situations, especially in the short term, where unethical doing can yield greater profits than in the short run. However, for the long term condition and profitability of a business, abiding by the highest ethical standards can prevent unnecessary litigation and legal ramifications, prevent a tarnished reputation as a crooked firm and increase the lowest line. Even without the legal aspects and being crooked, a firm needs a good reputation to prosper.

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Law Of Success Napoleon Hill

Corporate ethics are carefully by the management and leadership of the company. The corporate culture, planning process, and the way the firm implements its plans and controls all behavior and actions of those complex with firm dealings help decree if the firm is ethical or unethical. The perception of being ethical or unethical can have needful impact on the profitability of any company. It is imperative that those in leadership and management positions hold themselves to the highest of standards and insist those they supervise also bond 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 dinky book, The Power of Ethical management by Kenneth Blanchard and Norman Vincent Peale, the authors set forth the "ethics check" questions:

1. Is it legal? Will I be violating either civil law or firm policy?
2. Is it balanced? Is it fair to all implicated 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 responsibility 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 boss 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 interpret behavior, but in the end you harm yourself and the firm 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 level and narrow.

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