Global Code of Business Ethics

author: admin date: October 10, 2010 tags: , ,

Good Business

“Ethics must begin at the top of an organization. It is a leadership issue and the chief executive must set the example.”
Edward Hennessy

Good news for multinational companies:

  • Globalization is creating more universal standards of business conduct and these are becoming more rigorous.
  • As more companies adopt these standards, every multinational will be motivated to develop companywide core values, standards of behavior, and relevant policies in tune with the rest of the world’s ethics and compliance environment.
  • The benefits of an ethical culture outweigh the costs.
  • Globally ethical companies will be those that
  • maintain a strong reputation in all their markets,
  • experience increased employee and customer commitment and loyalty,
  • and generate superior levels of performance and success.

Source: LRN

“The character ethic, which I believe to be the foundation of success, teaches that there are basic principles of effective living, and that people can only experience true success and enduring happiness as they learn and integrate these principles into their basic character.”
Stephen R. Covey

Prov 22:1

A good name is more desirable than great riches; to be esteemed is better than silver or gold.

cateogories: Business

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Pearls of Wisdom
You reap what you sow. Humility and the fear of the Lord bring wealth and honor and life. He who loves a pure heart and whose speech is gracious will have the king for his friend.