What is Ethical Business Behavior?

Most individuals honestly believe that they operate with high integrity and demonstrate ethical behavior with others in the workplace. The problem is that people often don’t have the same definition of what constitutes ethical behavior. That’s why some business and professional organizations create codes of ethical conduct.

In 10 years of service on the ethics committee of an international professional organization I learned that ethical errors were usually made by people who decided, without consulting others, that there were good reasons to violate the ethical principles they had agreed to abide by.

Several years ago while serving on a committee of the Colorado Ethics In Business Alliance, I helped develop these seven signs of an ethical business.

If you don’t have an explicit professional ethics code that you use for guidance, I invite you to measure your business behavior by these standards. If ethical behavior matters to you – and I hope it does — see how you measure up.

1. Teach employees how to behave ethically by demonstrating, recognizing and rewarding ethical behavior.
2. Tell the truth. Fully reveal relevant information to stakeholders and authorities.
3. Consider the interests of everyone who will be affected by their business decisions.
4. Treat all individuals and groups with dignity and respect.
5. Maintain honest and complete communication with employees, customers and the community.
6. Avoid conflicts of interest.
7. Demonstrate, encourage and support active involvement in their communities.

(For more information about the Colorado Ethics in Business Alliance visit http://www.cobusethics.org )

Be cautious when you want to make choices that differ from any ethical standards you have agreed to accept. Check your thinking by imagining how you would feel if your choices were reported in a national newspaper. Better yet, consult an advisor you respect before taking action.

If you enjoyed this blog post The Integrity Course will provide much more information I believe will be useful to you. Included in this course are stories of how over 25 people confronted issues about integrity in the workplace. Learn more here.

written by Laurie Weiss \\ tags: Business Communication, Emotional Intelligence, Integrity, Leadership, Telling the Truth

These three executive women all found themselves in situations they considered untenable. In order to decide what to do they each had to examine their most significant priorities. 

Yvonne, an executive, felt paralyzed by her boss' new rules that required her to get approval for even the smallest expenditures. Yvonne was also representing her company in merger negotiations. The potential partner considered her boss expendable, and asked her to stick it out until their process is complete. The negotiations were going slowly. She wondered whether to get out or stay on, hoping things would change. 

Marianne's new boss did not trust her. All her routine requests for staffing changes were returned with demands for additional irrelevant information. For several months Marianne complied gracefully with all requests. She finally realized that other work was suffering as she tried to comply with these demands, and she was still not getting the staffing she needed. Marianne considered resigning, but was only months away from being vested in her pension fund. 

With the agreement of the executive committee, Louise, vice president of human resources, assured her branch managers that remarks they made during a managers' staff development retreat would be kept confidential.

After the event, she learned that two executives who disliked the resulting report were pressuring managers for details of the meeting. When she protested during a subsequent executive committee meeting, the two executives ridiculed her concerns. 

Decisions about whether to stay in difficult business or personal relationships can feel excruciatingly difficult to resolve. 

Balancing potential losses against maintaining dignity and financial stability are some of the most common issues faced by my clients. There are no simple answers, but following the process they used to make their decisions may help you through a similar situation. 

Each first clarified the outcome she most desired. Yvonne wanted stimulating work and recognition of her talents. Marianne wanted to stay with her company at least until her pension was vested. Louise wanted to be treated with dignity. 

Each decided to do everything possible to change her own situation. As coach, I helped them choose appropriate strategies to communicate their  dissatisfactions. 

• Yvonne asked her boss (the company president) to change the procedures

• Marianne decided that even if her new boss tried to fire her, her pension would be vested by the time that could take place, so she politely refused further demands to stop her other work to produce additional reports. 

• Louise spoke privately to each member of the executive committee about treating her and all members of the company with dignity. 

They all evaluated the results of their actions. 

• The president of Yvonne's firm changed the subject when she talked to him. 

• Marianne's boss became so frustrated and she made herself look bad to her own boss. She was given orders to treat Marianne differently. 

• Louise was told by the company president that she should adjust her values to match the values of the other executives. 

They made decisions by balancing all of these elements. 

• Yvonne developed an outside consulting practice while waiting to see if the takeover would happen. She was prepared to resign and eventually did. 

• Marianne developed a reasonably respectful working relationship with her boss. 

• Louise resigned and eventually found a new opportunity. 

If you enjoyed this blog post The Integrity Course will provide much more information I believe will be useful to you. Included in this course are stories of how over 25 people confronted issues about integrity in the workplace. Learn more here.

written by Laurie Weiss \\ tags: Business Communication, Coaching, Conflict, Difficult Communication, Emotional Intelligence, Integrity, Leadership, Making Decisions, Managing Conflict, Telling the Truth

Integrity is about wholeness.
 
Integrity is about values — it is about thoughtfully choosing your values and holding on to them despite the pressure you feel to compromise them.
 
Integrity is about using your values to guide your actions.
 
Integrity is about being willing to reexamine your values in the face of new information and to make a conscious decision about whether change is warranted.
 
Integrity is about respect. It is about self-respect and respecting others.
 
Integrity is about understanding differences.
 
Integrity is about believing in the basic, sound, underlying pattern of goodness, of wholeness in the world and in other people.

Integrity is about seeking that wholeness. It is about conversations that get through the surface junk and get to what is really important when we are together.

Integrity is about facing each other and listening to each other and really hearing each other and taking the actions we know are necessary.

Integrity is the bedrock on which trust is built.

Integrity is the hidden key to your success!

If you enjoyed this blog  post, The Integrity Course will provide much more information I believe will be useful to you. Included in this course are stories of how over 25 people confronted issues about integrity in the workplace. Learn more here.

written by admin \\ tags: Business Communication, Emotional Intelligence, Integrity, Leadership, Telling the Truth

Let’s make the second decade of the 21st century the decade of communicating with integrity.

written by admin \\ tags: Business Communication, Emotional Intelligence, Integrity, Leadership, Telling the Truth

Are you struggling to contain costs in this recessionary economy? If you’re having a hard time withdrawing perks from hard-working employees, because you’re afraid of the effect on morale, this executive’s strategy may work for you.

James could see that the generosity his 200-member accounting firm had shown their partners and managers — when times were good — simply had to change.

The firm could no longer support the expensive valet parking the partners blithely added to their expense reports or the extra charges for breakfast that showed up on their hotel bills. Especially when James knew personally that the hotel in question included a fine breakfast buffet with the cost of the room.

James, a founding partner of the firm and a habitually conservative spender, always allowed time to park in the same airport shuttle lot, whether he was taking his family on vacation or going on a necessary business trip. He fumed to himself as he reviewed expense reports from the firm’s tax meeting. The nine-dollar charges for breakfast were especially irritating, because he had noticed that those managers were not in the dining room while he was there himself enjoying the complementary buffet.

In good times, while struggling to retain employees who are constantly being lured away by other opportunities, it seemed picky to disallow those expenses. Now, with the decreased workload, the firm was overstaffed and he was struggling to avoid layoffs. Yet he suspected that his people would grumble at the now necessary restrictions.

Knowing how he had once struggled to overcome a reputation for insensitivity, he decided on a creative solution. He sent out a memo to all managers and partners explaining the need to cut expenses and asked them to each submit at least one idea that would save the company money.

In came suggestions to eliminate valet parking, to eat their meals provided by the hotel, to limit extra baggage charges (for golf clubs) when meeting at resort locations, to limit charges for laundry at hotels, etc. He compiled the suggestions and recirculated them with thanks. There was no resistance when those suggestions were instituted as the new company policy.

When I asked James how he was viewed in the firm, he said he thinks he is seen as a practical pragmatist and appropriate person. He did add wryly that a few people in the firm probably wished there was not a practical, pragmatic, appropriate person around to rain on their parade.

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written by Laurie Weiss \\ tags: Business Communication, Difficult Communication, Emotional Intelligence, Leadership, Management, Managing Conflict

A week later, during her next coaching call, Linda reported that she had managed to cut 20 hours off her workweek, and was feeling almost human again.

The work was getting done and she was ready to start thinking about changing other aspects of her life to bring it into a better balance. She decided to start on some of the self-assessment and personal development programs I had suggested that she consider using. I recommended that Linda choose only one program to focus on instead of trying to do them all.

 If you enjoyed this article, The Integrity Course will provide you with much more information that I believe will be useful to you.

written by Laurie Weiss \\ tags: Business Communication, Coaching, Difficult Communication, Emotional Intelligence, Leadership, Management, Managing Fear