Its a new year with new opportunities.
My view is that, above all, acting ethically in business is a moral imperative.
In addition to the moral imperative, research has revealed that many people care about corporate values.
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When we act ethically, we can contribute good to the world.
Asking ourselves these 10 questions can be a starting point.
Do we have good labor practices?
As business leaders, we should create and maintain environments where people can thrive and do their best work.
Treating our team members well is a matter of morality.
Research has also shownhow good labor practices benefit businesses.
Are there any safety issues involved with our product or service?
You probably screened your product or service for potential safety issues before launching it.
Are we environmentally conscious?
We live on one planet, and I believe its crucial to take care of it.
Additionally, consider this: Being environmentally conscious can be a differentiator.
Are we ethically compromised?
Staying true to our values and maintaining our ethics is how we can operate authentically and consistently.
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Do we listen to feedback internally and externally?
One of the biggest examples of a company ignoring feedback?
Had Boeing listened,many lives could have been saved.
6. Who and where do we get insights from?
While feedback is important, its also crucial to be mindful of who and where we get insights from.
We should not unquestioningly accept suggestions because they come from an authority figure.
When getting advice, always keep you and your businesss unique circumstances in mind.
Are we interested in diverse perspectives?
Its tempting to want to surround ourselves with people who think like us.
But we should avoid doing so.
Diverse perspectives are important for business success.
What is our reputation?
Reputations can make or break companies.
Complicating matters more, backlash could ensue on social media or in the news.
How does our product or service affect the world?
In my view, analyzing how our products and services affect the world is vital.
Are we truly solving problems and helping people?
As business leaders, we should do what we do for the right reasons.
Our only focus shouldnt be making money.
Yes, businesses have to make money to keep their doors open.
But truly solving problems and helping people is crucial.
Similarly, I believe that businesses that truly care are the ones people will ultimately turn to.
