Mentoring You To Success with Ethical Business Issues
73It Is Your Resonsibility To Be Ethical In Your Business
Today, businesses have a great deal of responsibility. They have a responsibility to their employees, to their customers, and to their community as a whole. This is all a part of doing good business, but businesses must also deal with ethical business issues on a daily basis.
Ethical business issues cover a wide scope of areas. Ethical business must be practiced with employees, with customers, and internally. For example, cooking the books, so to speak, is unethical. Not dealing fairly with employees is unethical as well, and there are numerous other ethical issues that employers face in the area of human resource management. Ethics must also be applied to sales and marketing tactics, to production of the product, to copyrights, and much more.
Some businesses face special ethical business issues. For instance, a lawyer cannot represent a client if he has already represented someone who has sued that particular client. It is unethical. A doctor may not give out medical information about a patient to anyone, as this is unethical – and against the law.
But in the general area of business, one must ascertain exactly what ethical business issues may arise, in their particular business, and develop a plan to avoid unethical business practices, or to handle those matters as they occur. For small business, this is a fairly easy task. However, for large corporations and such, it can be very complex, and this is why many large corporations actually have ethics officers. These officers make sure that the business is being operated, as a whole, in an ethical way, and they work to make sure that if this is not the case, that the problem is dealt with in a timely manner.
In the last decade, numerous ethical business issues have been in the news. The Enron scandal probably tops that list, but there have also been issues of employee privacy, in cases where the employer was watching them or monitoring phone calls or emails. There have even been issues concerning blogs written by employees that employers find to be less than favorable, where employees are fired from their job for stating their personal opinion, on their personal blog, during their own personal time. The question begs to be answered, where does an employee’s responsibility to his company begin, and his privacy and rights end?
In the online world of business, a whole new set of ethical business issues have cropped up. Whether your business is large or small, you have a responsibility to other netizens. You must use care with your content, making sure that it is not offensive to any group. You must also use care with your coding, to ensure that your website will not damage your customers system. You must also not use underhanded tactics to collect email addresses, to overcharge customers, or to spam people in general. At the same time, all other traditional ethical business issues still apply. What are the ethical business issues that will arise with your particular business? It is important to figure this out now, and to devise a plan that ensures that you and your business are protected, without stepping on the rights or privacy of others.
For more information on the author and how we can help you build a respectable and profitable business, contact:
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Jed A. Reay
Jed A. Reay
Managing Partner of 5 Star Success Team
800-863-4592 Option #1
www.jedreay.com
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ChristineComaford 2 years ago
Strategies for Success and Biz Acceleration in Any Economy
The path to being a successful business owner and the strategies for success have not changed. It may be a tougher road, or even a longer road, but the recipe for success, and the tools to hammer it out, are not much different than they were ten or twenty years ago. To begin with, you need focus and to know how to fully leverage yourself. You need to define your own strategies for success, to learn the necessary information and techniques to be effective without getting overly caught up in the learning, and most importantly you need a great mentor to help you identify your needle movers.
Once you identify these, you will be able to see that much of what you thought you needed to learn and do will simply not have an immediate impact on your business. You will then be freed and able to focus on what WILL. Quite simply, it’s vital that you focus on the right things. For instance, most of us need to focus on marketing effectively (with specific results), closing sales, and delivering products / services. So we need to define the specific results we want, in specific areas, in a given period of time and then either delegate or ditch all other efforts until these have been achieved. That’s a strategy for success that will put you squarely in the right direction.
Christine Comaford, Biz Accelerator CEO of Mighty Ventures, Inc.
PS: If you’re serious about determining your needle movers, go to http://www.ResultsNowWebinar.com and hear a few key minutes of my latest biz building call to ROCK your revenue in the next THIRTY DAYS. (It includes important updates, sample audio and a great PDF – with video and bonuses!)