This document discusses ethics and the importance of following the Golden Rule. It provides guidance on how to apply ethical standards personally and professionally. The key points are:
1) Companies that commit to social responsibility and act ethically are more profitable than those who don't.
2) The Golden Rule - to treat others as you want to be treated - is an easy to understand standard that most people accept and that leads to win-win outcomes.
3) Developing strong character through consistently applying the Golden Rule brings lasting success in relationships and work.
1. Ethics 101 John C Maxwell Presented by Mrs. Walton CTE Business Administration
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9. “ Ethics is about how we meet the challenge of doing the right thing when that will cost more than we want to pay” -The Josephson Institute of Ethics
There is no such thing as business ethics – there is only ethics. Ethics is Ethics, if you desire to be ethical you live it by one standard across the board.
Fortunately, there is a desire for ethical dealing in business. With the increase of companies violating the public trust with ethical business practices business are now ready to change regarding ethics. The bad news is that most people don’t know how to make the transition. Here are some of the solutions they are trying.
Among college students, 84% believe the US is experiencing a business crisis and 77% believe CEOs should be held responsible for it. However, 59% percent of those same students admit to having cheated on a test.
US representative Jabez L M Curry stated “ a state to prosper must be built on a foundation of a moral character, and this character is the principal element of its strength, and the only guaranty of it permanence and prosperity.” This can be said of a business, or family. The foundation has to start with the individual.
How do you rate yourself when it comes to being ethical? Which one applies to you. How would you clarify yourself Remember, You must be honest with yourself before you can be honest with others. Read Ethics Matters on page 14-15 from the book.
This is an integrity guideline for any situation. Now, let me explain why I believe the Golden Rule should be the one rule to guide through your ethical dilemmas
It really is a win for everybody. The golden rule is good for employees. It’s good for clients and it’s good for investors.
People who play the blame game rarely get many golden opportunities, it not their fault excuses fall into 3 categories: the hang-ups – who blame life’s circumstances, the bang-ups – who blames past personal problems and hurts and the gang-ups – who blame other people for hindering them People who desire to improve their character and their chances of success must discipline themselves when it comes to … time: since you can’t control how much time you have, you must control how you use it. Energy: you should always strive to use your strength on your strengths. Goals: you can’t do everything, so you must discipline yourself to do the important things and moods: if you do not master your emotions, they will master you.
2. To keep money from becoming the master, do the following: earn your money, be scrupulously honest, be generous and use credit wisely and sparingly
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