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Thursday, August 29, 2019

Why Businesses Need Ethics to Survive Disruption

Mathew Donald
Business EthicsHR Technologist
Originally posted July 29, 2019

Here is an excerpt:

Using Ethics as the Guideline

An alternative model for an organization in disruption may be to connect staff and their organization to society values. Whilst these standards may not all be written, the staff will generally know right from wrong, where they live in harmony with the broad rule of society. People do not normally steal, drive on the wrong side of the road or take advantage of the poor. Whilst written laws may prevail and guide society, it is clear that most people follow unwritten society values. People make decisions on moral grounds daily, each based on their beliefs, refraining from actions that may be frowned upon by their friends and neighbors.

Ethics may be a key ingredient to add to your organization in a disruptive environment, as it may guide your staff through new situations without the necessity for a written rule or government law. It would seem that ethics based on a sense of fair play, not taking undue advantage, not overusing power and control, alignment with everyday society values may address some of this heightened risk in the disruption. Once the set of ethics is agreed upon and imbibed by the staff, it may be possible for them to review new transactions, new situations, and potential opportunities without necessarily needing to see written guidelines.

The info is here.