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The Critical Importance of Business Ethics For Effective Leadership, According To Your Strategic Thinking Business Coach
How important are business ethics to being an effective leader? According to the American Management Association, it is an important characteristic of effective leaders today. In a survey of 462 executives who were asked, “What characteristics are needed to be an effective leader today?” 56% ranked ethical behavior as an important characteristic, followed by sound judgment (51%) and being adaptable/flexible (47%). However, with all due respect to the AMA survey, I strongly believe it is much more than “important,” it is a “critical, essential and non-negotiable” characteristic of an effective leader. Strong business ethics is a pillar of my strategic planning and strategic thinking business coaching efforts and clients are encouraged to develop core values and guiding principles and publish them.

Other importance of business ethics Related Articles

The Business of Ethics and The Ethics of Business
In 2002 the corporate world in the United States was rocked with scandals. Enron, Arthur Anderson, WorldCom, Citi Group, HCA, Tyco and others were headline news in print and the lead story on the television news because of business ethics failures. This caused me to reemphasize and stress to each of my clients then and now, the importance of business ethics and to challenge each of my clients to integrate their core values into their policies, practices and decision making. And I recommend that they rededicate themselves to conducting business to the highest ethical standards.
“BUSINESS ETHICS MUST BE PRESENTED, PRESERVED AND PROMOTED”
Business ethics are an almost daily topic in the news, in business schools, in the workplace and in our homes. I pay close attention to business ethics and what is written about them in my daily life as a strategic thinking, planning and business coach. I am still astounded at the remarks of major corporations a few years ago when they said they “waived or suspended” the ethics code or requirements. I am still at a total loss at how anyone can “suspend or waive” ethics. While I may not be able to explain the suspension or waiving of ethics, I do hope to provide some solid advice on what business and other organizations need to do today to present, preserve and promote ethics in their organizations. Here are action items I would recommend:

“Building An Environment of Ethical Behavior. Ten Tips From Your Strategic Thinking Business Coach ”
Business ethics has become and has remained a popular news topic in today’s world thanks to Enron, Tyco, WorldCom, Adelphia, et al. We have read and heard about the “waiving of the ethics code or standard” and where compromises were made to ethical standards for business advantages. And now we hear about zero tolerance for unethical behavior. It now seems as though the pendulum is swinging strongly in the direction of zero tolerance for unethical behavior based upon the reactions to ethics misconduct cases across the corporate landscape. Good business leaders have ethics, character and integrity. You have to create an environment in your business that allows everyone to operate in an ethical manner. Here are ten (10) tips from your strategic thinking business coach on how to build an environment of ethical behavior.

Poor Ethics Reflect Poor Business Professionalism & Potentially Poor Business Results
Have you ever considered that not returning a phone call could be a reflection of your own personal business ethics? And possibly the lack of ethics is contributing to your poor business results? Learn what dead horses and business values have in common.
When Two Rights Make A Wrong
Ethics have always been a major concern in business, and with the current Washington (D.C.), banking and Wall Street failures, ethics have taken a prominent place on the national stage. Associations are beginning to help their members development ethics training and codes of conduct. Awards for good ethical businesses are being awarded. It is time to understand exactly what ethics are, and how they affect your business. Ethics is not about right vs. wrong - it is about right vs. right, or even worse, wrong va. wrong. This article explores the meaning of ethics and how they apply in a business environment.
Five Ways to Increase Profitability By Doing The Right Thing
Ethics is actually more profitable! Author and consultant Shel Horowitz, founder of the Business Ethics Pledge, shows how taking the ethical high road-and forming partnerships with your competitors-increases revenues and lowers costs.
The Ethical Road to Success
Do you remember the old Sunday school discussions on being fair and having ethics? Today, ethics may seem to have gone by the way side but most businesses do have a code of ethics written right into their mission statements, as well as into their corporate literature. Public confidence is achieved through codes of ethics when they are shared in company literature such as brochures or sales and promotional materials.
Business Ethics Lesson From An Unlikely Individual
Sometimes every day life presents us with real opportunities to see business ethics lessons. What is so unusual about this lesson is the person involved truly should understand ethics given her profession.

Ethical Expectation You Should Expect From Your Business Broker
Some business brokers belong to certain associations that have a code of ethics for brokers to follow. These, along with their own code of ethics, help ensure business brokers are of value to a business seller and buyer. A code of ethics ensures that a business broker puts the needs of the client before their own when making a business transaction.

We Have an Ethical Dilemma!
Our finest business schools are beefing up their ethics programs in response to the erosion of corporate ethics that has resulted in the recent high profile debacles, right? Guess again...
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