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Business Ethics Shouldn't Be an Oxymoron

2004 Susan F. Alevas, Esq. and eWork.com (All Rights Reserved)

In today's complex business society, it is no longer enough merely to have an ethics policy. Companies today must assure that leadership at the highest levels demonstrate in their word and deed the strongest commitment possible to ethical practices and principles. These executives understand the long-term value that will accrue to the staff and organization alike when a strong ethics culture is present, supported and valued.

Not surprisingly, most employees want to work in an ethical environment and for an ethical company. Stress levels are reduced dramatically when the staff-at-large recognizes the employer's penchant for ethical business practices. In such cases, employee and customer loyalty flourishes, a strong sense of commitment to protecting corporate resources is present among the staff and the retention of valuable human resources is achieved.

To accomplish these favorable business results, organizational leadership must take an active and visible lead in promoting the merits of corporate ethical policies. Frequent staff training, corporate support for an ethics hotline and the appointment of an ethics officer are some of the ways in which companies can effectively communicate their ethical commitment to their employees and customers. Assuring that strong internal accountability controls exist to support all company functions and frequent assessment and evaluation reporting to the governing board are additional ways in which executive management can create a strong ethical corporate culture.

The Alevas Consulting Group, Inc., led by an accomplished business executive/attorney, is experienced in customizing and developing client-focused, engaging training solutions and delivering efficient and practical management consulting services in critical business management areas including ethical corporate leadership.

 

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Last modified: 02/08/12