Business Ethics: Important or Not?
In the simplest of terms, business ethics is VERY important. Let’s see what Investopedia.com can teach us on the matter:
Ethics in Leadership: “Building on a foundation of ethical behavior helps create long-lasting positive effects for a company, including the ability to attract and retain highly talented individuals, and building and maintaining a positive reputation within the community.”
Employee Ethics: “Employees make better decisions in less time with business ethics as a guiding principle; this increases productivity and overall employee morale.”
Business Ethics Benefits: “With consistent ethical behavior comes an increasingly positive public image, and there are few other considerations as important to potential investors and current shareholders.”
You can read more HERE on the Investopedia website. Merit Leaderships knows just how important ethics are to the success of a business (for executives, customers, and shareholders alike). Contact us and we’ll create a customized plan for your company!