Business Ethics - by Ravi Patel

 

A few weeks ago I moderated a few sessions at Junior Achievement dealing with "Ethics in the Workplace." The goal of these sessions was to expose 11th graders to the issue of business ethics as they graduate from high school and enter the workplace. During the sessions, we gave examples of unethical practices in business situations to enlighten the participants.

 

How many Entrepreneurs have a policy on Ethics in their companies? How do you deal with unethical situations?

 

Entrepreneurs should not only have a formal policy on business ethics and code of conduct at their company, but should also have periodic reinforcement of the ethics philosophy of the company. Leadership by example requires the management team to rigorously follow such policies.

 

 

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