When running a small business, we are faced with many obstacles,
Handling confidential information.
Controlling behavior with both
internal and external customers.
Abiding to the law and legislation.
Owning a business means having to deal
with the human aspect and all that comes with it.
Often we are faced with difficult situations that we do not know how to
Ethical principles are ground rules for decision making in a business
-not just factors to consider.
It is okay to lose. Ethically, it is preferable to lose than to lie,
steal, or cheat in order to win.
People who are unwilling to lose, are often willing to do whatever it
takes to win, .i.e.. to act in an unethical manner.
Ethics (Greek ethika, from ethos,
character, custom) can be defined as principles or
standards of human conduct, sometimes referred to as morals.
Ethics refers to standards of
conduct; standards that indicate how we should behave based on moral
duties and virtues. These come from the principles of right and wrong.
Ethics and morals go hand-in-hand. Laws are necessary to balance
morality and ethics; Laws are a vital element in the ongoing, dynamic
relationship between ethics and morality.
The basic principles of personal ethics
Concern for the well-being of others.
Respect for the autonomy of others.
Trustworthiness and honesty.
Willing compliance with the law.
Basic justice, being fair.
Refusing to take unfair advantage.
Benevolence: doing good.
Dont play the blame game.
Personal ethics is really about
Taking responsibility for your
actions is a part of building character.
Taking responsibility for your
mistakes shows courage.
You are legally liable for bad
Ethics are shaped by our personal values. This directly affects our
Our values come from our:
The law of the country
Ten personal values for successful
Respect respect people, laws,
Teamwork work openly and supportively with others, aiming towards
Leadership show leadership in areas where you are strong.
Citizenship build a workplace that protects health and welfare of
employees, your community, and your environment.
Shareholder value build a profitable company that will have
stability and prosperity.
Honesty believe that honesty is the best policy and live by it.
Integrity always take the high road.
Responsibility always take responsibility for your actions.
Quality strive for quality in every aspect of your work.
Trust build the trust of employees, supervisors, customers, and
Good ethics means:
Play by the rules.
Make ethics a part of your everyday
Do your homework know the rules.
Help others make good choices.
Be a role model of good ethics.
A CODE OF CONDUCT FOR YOUR BUSINESS
A code of conduct specifies actions and behaviors to be followed in
the workplace. It should contain examples of appropriate behavior in
order to be meaningful.
Developing a code of business ethics and conduct will not stop unethical
behaviour, but it will give people something to think about, a
measurement against which to assess their behavior. The code of ethics
will serve as a framework for decisions you make, as well as to guide
A Code of Ethics helps you to:
define accepted / unacceptable
promote high standards of practice;
provide a benchmark for staff to use
for self evaluation;
establish a framework for
professional behaviour and responsibilities;
establish the identity of your
Principles of professional ethics
Openness; full disclosure.
Due diligence / duty of care.
Adherence to professional
Avoiding potential or apparent
conflict of interest.
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