Book Review – Business Ethics

Book Review - Business Ethics

There’s No Such Thing as “BUSINESS” ETHICS … There is only ONE RULE for making decisions – by John C. Maxwell

“In a new era for business, CEO’s face a new mandate, Glamour and glitz are out.  Transparence, in terms of ethics, values, and goals, is in.” –  Executive recruiters Heidrick and Struggles.

Points made by John Maxwell:

  • People make unethical choices for one of three reasons. We do what’s most convenient, we do what we must to win, or we rationalize our choices with relativism.
  • Companies that are dedicated to doing the right thing have a written commitment to social responsibility, and act on it consistently, are more profitable than those who don’t.
  • You will be able to use one guideline to govern all of your ethical decision making.  IT’S BASED ON THE GOLDEN RULE.
  • “Ethics is about how we meet the challenge of doing the right thing when that will cost more than we want to pay.” – The Josephson Institute of Ethics
  • In the American marketplace today, 70 percent of the people who leave their jobs do so because they do not feel valued.
  • Every day, whenever the issue of ethical behavior confronts you, ask this question:  “How would I like to be treated in this situation?”
  • “Men are alike in their promises.  It is only in their deeds that they differ.” – Moliere
  • You can’t capitalize on an opportunity you receive on the outside until you’ve done the groundwork on the inside.
  • Integrity can be described as making your beliefs and your actions line up.
  • You can develop a “Midas touch” with people by taking your focus off yourself and what you can gain, and instead focusing on adding value to others.
  • “Doing my best at this present moment puts me in the best place for the next moment.” – Oprah Winfrey
  • I believe there are two basic paths to achievement a person can choose.  You can go for the gold, or you can go for the Golden Rule. People who go for the gold ask, “What can you do for me?” and base their values on their worth.  People who go for the Golden Rule ask, “What can I do for you?” and base their worth on their values.  People who live by the Golden Rule give themselves a chance to have it all!

“If you mistrust your employees, you’ll be right 3% of the time.  If you trust people until they give you a reason not to, you’ll be right 97% of the time.” – Wolf J. Rinke

Dr. Stephen Covey describes this book, and I agree with him, “A persuasive, inspiring, and greatly needed message!  When ethics, the Golden Rule, is the center; all compartments of life are harmonized and integrated.  The Golden Rule is right.  It also happens to work.”

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