“A man without ethics is a wild beast loosed upon this world.” — Albert Camus All businesses have moral and social responsibilities to follow and set a good example for its customers. When individuals and companies operate outside the moral fibre and ethical code of conduct, they open themselves to financial penalties, legal repercussions and public scrutiny. In addition to following the letter of the law, companies must also respect and uphold the spirit of the law through transparency, honesty and integrity. Here are a few corporate ethics for companies to follow: 1) Transparency Transparency builds the bridges of trust between shareholders, employees and customers. Being honest to the shareholders about company affairs, financial health and operational strength is very important. When it comes to employees, open and honest lines of two-way communication regarding performance, career growth and compensation goes a long way. On the other hand, transparency for customers…
What do all the great leaders achieving remarkable success have in common? Decisiveness. Making numerous decisions is something we do daily on a professional…
Running a startup can be a very risky yet a very rewarding business. It takes a lot of guts, dedication, time and efforts. There’s…
Focus. Don’t give up and just F.O.C.U.S – Follow One Course Until Successful. Have you ever heard this acronym before? If you’ve not, then this…