5 Reports Say Business Ethics is Improving
June 25, 2014 5 Comments
By Linda Fisher Thornton
What do Deloitte, Strategy & PwC, Dow Jones, The Ethics Resource Center and LRN have to say about trends in business ethics? Get ready for some good news:
“A new era of the responsible enterprise may be here to stay.”
Chris Park and Dinah A. Koehler, “The Responsible Enterprise: Where Citizenship and Commerce Meet’, Deloitte University Press
“CEOs are increasingly seeking ‘good growth’ aligned with business ethics and sustainability.”
Dennis Nally, The Trust Agenda, Strategy and Business, PwC Strategy& Inc.
“NBES 2013 reveals substantial good news about the state of ethics in American workplaces.” “The steady and sharp drop in misconduct since 2007 suggests that something both fundamental and good is taking place in the way Americans conduct themselves at work. “
Ethics Resource Center, 2013 National Business Ethics Survey
“Fewer companies report ever having lost business to unethical competitors.”
“Many steps forward, just a few back, and still a long way to go.”
While these reports hold very encouraging news, we must remember where we are. While overall business ethics is improving, it is improving from a low starting point. It will take more time and intentional effort to get to where we need to be.
Some business leaders have realized that proactive ethics meets constituent expectations, delights employees and leads to better overall organizational performance. These proactive ethical leaders build a culture based on high standards and positive ethical values and enable their organizations to live up to those standards every day. This is the future of business. Are your leaders ready?
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