The past three years, as of the time of this writing, has seen many headlines in the news where business ethics were obviously lacking. There is the possibility that it is simply the same as it has always been, but appears to be worse. Throughout history, this topic has been the subject of many businesses that have acted unscrupulously. Every business can choose to do things the right way, or go a completely different direction. Good business ethics is something that is handled differently depending upon the size of the business. Larger corporations have much more pressure than smaller businesses, for example. Businesses will make a choice, and then live with that decision. That’s how it works.
Why does this happen? There are many reasons for why this occurs. Any company that is extremely depressed or stressed will see a gradual decline in productivity because of the environment that the employees have to work in. On the other hand, if employees perceive that they are working for a positive company, productivity will increase. Also, employees will tend to contribute more to what needs to be done if the management team that is in charge adheres to an ethical standard. Of course, you can threaten your employees to some degree to get the work done faster, but this tends to create subpar work. If you want to have a successful business, then you need to have communication with your employees everyday. By repeating a positive message over and over to your employees, this will utilize a marketing principle that can keep your company moving forward. Business operations can really take off if you continually convey a commitment to ethics on a regular basis. It is absolutely necessary to continually emphasized the necessity for making the right choices and decisions. It’s important to remember that a business management team that follows these principles will realize positive behaviors that allow for the right atmosphere from which all will benefit.
Companies that tend to have legal issues are the ones that are usually the most unethical. In such instances, the various fines have been staggering and forced businesses into bankruptcy or nearly so. There are rewards to conduct business along ethical lines and this is just one of them. This article has shown you very compelling reasons for a company, if he wants to succeed, to maintain ethical standards. Any company that has perpetually done unethical things, or made unethical decisions, will at some point suffer the consequences for making poor decisions. Choosing the high road, and not the one most traveled, is a better decision to make. Your business, of course, is your own. You can make whatever decision you want to, but just make sure it is positive if possible. Also keep in mind that this way of approaching business is very much a habit of behavior. By making a conscious decision to be ethical in all of your decisions, you will improve your company over time.
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