Business Ethics Trends

The Business Ethics Report 2009, published by the Ethics Resource Center at Ethicspoint.com, shows that while business ethics improved during the recession, there is concern about sustaining that improvement when the economy improves.

2009 Business Ethics Study by the St. James Ethics Center and Beacon Consulting is full of relevant information for business leaders, and includes a survey about what people think ethics is.

The strong messages to emerge include: the fundamental importance of a principles-based approach around trust, integrity, respect, responsibility, consistency, values, human rights; and the importance of a multi-stakeholder approach to responsible business practice beyond just the shareholder or owner (48.8%) – to include clients and other stakeholders (88.7%), employees (87.7%), the environment (83.1%), the communities within which business operates (75.4%), the global community (56.5%).”

2009 Business Ethics Study, St. James Ethics Center and Beacon Consulting

While businesses are adapting to the changing economy and changing consumer expectations about corporate ethics, the consumer trend is toward “more moderate and ethical spending” according to market research organization Mintel quoted in Foodanddrinkeurope.com.

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For more, see Linda’s book 7 Lenses and the 21 Question Assessment: How Current is My Message About Ethics?
 
  7 Lenses is a Bronze Axiom Business Book Award Winner in Business Ethics41cEVx-Tu4L._SY344_BO1,204,203,200_
  2014 Axiom Business Book Award Winner 
  About 7 Lenses
 
 
Info@LeadinginContext.com  @leadingincontxt  @7Lenses

© 2010 Leading in Context LLC 

About Linda Fisher Thornton
Linda Fisher Thornton is Founder and CEO of Leading in Context, and author of the award-winning book 7 Lenses. She teaches as Adjunct Assoc. Prof. for University of Richmond SPCS. She is leading a movement to help leaders and organizations Unleash the Positive Power of Ethical Leadership.

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