Implementing Business Ethics

"The ethics of a business are whatever theexample. Anything less is sheer hypocrisy and will
top-dog says they are."inevitably lead to changes
- Bryce's LawINTRODUCTIONWe hear a lotin behavior.It is simply not sufficient to issue
these days about the deterioration of ethics inplatitudes as to what is and what isn't ethical
business, e.g., graft,behavior. The manager must follow-up and
corruption, cheating, favoritism, skimming money,assure ethical behavior is implemented
etc. This has resulted in a publicaccordingly. In other words, we shouldn't just
relations nightmare for business. If consumers do"desire" truth and honesty, we
not trust a company, its a mattermust "demand" it. If one person gets away with
of time before it goes out of business. This isan indiscretion, others will surely
supported by recent studies that givefollow. As such, when writing out a code of
evidence there is a correlation between businessconduct, be sure to stipulate the
performance and ethical practicespenalties for its violation.The success of a
(see the Institute of Business Ethics). Basically,business ethics program is ultimately measured by
the Institute's study suggests therehow well it
are long-term benefits associated with enactingbecomes ingrained in the corporate culture. As
an ethics programs. Such studieswe have discussed in the past,
and recent corporate snafus (e.g., Enron) arecorporate culture pertains to the identity and
impetus for companies coming topersonality of the enterprise. All
grips with ethics in the workplace.There arecompanies have a culture; a way they behave
essentially two considerations for devising anand operate. They may be organized
ethics program inand disciplined or chaotic and unstructured. Either
business; first, knowing what your ethics are,way, this is the culture which
and, second; implementing themthe enterprise has elected to adopt. What is
in a consistent manner.INTERPRETINGimportant is that in order for an employee
ETHICSThere is little point in my telling you whatto function and succeed, they must be able to
is ethically right or wrong. You alreadyrecognize, accept and adapt to the
have an interpretation of this. But let usculture. If they do not, they will be rejected
understand what influences our interpretation(people will not work with them).The intuitive
of ethics; our interpersonal relations with others,manager understands the corporate culture and
such as our family, friends, neighbors,how to manipulate
fellow workers, as well as the media. Ethics isit. Changing the Corporate Culture involves
learned more than it is taught. It is basedinfluencing the three elements of the
on observations of the conduct of others, peopleculture: its Customs, Philosophy and Society. This
we like and respect as opposed to thoseis not a simple task. It must be
we do not. It is then up to each of us toremembered that culture is learned. As such, it
interpret these perceptions from which we willcan be taught and enforced. For
base our conduct and behavior. The point is, weexample, a code of conduct is useful for
act on our perceptions, however accurateteaching, as is a system of rewards and
or inaccurate they may be. Another influentialpenalties. Designating people to act as watchdogs
factor are our own human frailties ofof the culture can also be useful,
competitiveness, love, greed and ambition. Butbut be careful not to create a climate of
then again, this goes back toparanoia. Ultimately, as a manager, you
interpersonal relations.Let us recognize that ethicalwant to create a culture that promotes the
behavior is interpreted differently from person toethical behavior you desire.For more information
person. Whaton "Corporate Culture," see now live in strange
one person may consider right or wrong may besocioeconomic times. 40-50 years ago we
different for the next person. The objectivenormally had one parent staying home to raise
in business is to implement a uniform form ofthe kids. Now it is commonplace
behavior thereby instilling consumerto find families where both the husband and wife
confidence in a companyare working and paying
overall.IMPLEMENTATIONWriting a corporate codeless attention to their children, thereby relegating
of conduct is in vogue today as a means oftheir parenting duties to
articulating theteachers and coaches. In other words, the family
ethics of a business. Such codes are proudlyunit, which is the basic
displayed on web sites and in corporatebuilding block for learning ethical behavior, is
brochures more for public relations than anythingbecoming severely hampered.In business today
else. True, they are useful forwe have a "fast-track" competitive mentality
disciplining an employee for an infraction of thewhich does not
rules, but I do not see them as anencourage a spirit of teamwork but, rather,
effective way of implementing an ethicsmore rugged individualism. Nor
program. Understand this, regardless of whatdoes it promote employee loyalty. Further, we
the code of conduct states, the ethics of anow live in a society that
business are whatever the top-dog says theyencourages people to go into debt, thereby
are. Too often I have seen companies say onecausing financial tensions.Bottom-line, ethics is
thing, then act another, e.g.,about people and trust. Consequently, we should
Enron.Printed codes of conduct are nice, but webe
have to recognize that it is one thing tosharpening our people skills as opposed to
enact legislation, quite another to enforce it. Asavoiding it. We don't need more
stated earlier, ethical behaviormaxims of how we should conduct our lives; we
is based on observations. Regardless of what aneed to lead by example. As
code of conduct says in print, ethicalsuch, we need more role-models and heroes
behavior is based on the relationship of superiorthan we do paperwork.Let me close with one last
and subordinate workerthought on how ethics impacts business; there
relationships. If a subordinate observes anis probably nothing worse in business than being
indiscretion by his superior, in allcaught in a lie, particularly
likelihood it will be emulated by the subordinate.by a customer. Any trust that there may have
This phenomenon occursbeen before disintegrates
top-down in the whole corporate chain ofimmediately and business is lost. In this day and
command. If it breaks down anywhereage, there is something
in the corporate hierarchy, it will become visiblerefreshingly honorable about a person where
to the subordinate layers andtheir word is their bond. Ethics
potentially create a "trickle-down" effect. Thisjust makes good business sense.Tim Bryce is the
means the boss has to be a roleManaging Director of M. Bryce & Associates
model for ethical behavior; they must(MBA)
"walk-the-walk" as well as "talk-the-talk." Ifof Palm Harbor, Florida and has 30 years of
they do not, it will not go unobserved by theirexperience in the field. He is available for training
subordinates. Managers, therefore,and consulting on an international basis. He can be
should avoid the "do as I say, not do as I do"contacted at: Copyright © 2006 MBA. All
phenomenon. They must lead byrights reserved.