During the last few years, the newspapers have been filled with stories of corruption: the Manganos, Sam Bankman-Fried, Senator Bob Menendez are just three examples. What can we learn from these examples? What are the expectations about ethical standards in the business world?
The expectations are proactivity, integrity and transparency. By proactivity, we mean that businesses and other organizations are expected to create an ethical culture both internally and with their business partners, including consultants of all types. How can this be accomplished, in a word where goods and services are more often provided through a network of independent vendors?
By integrity, we mean honesty and trustworthiness in dealings with others. What are the potential conflicts of interest that can compromise integrity, especially where business is conducted through ever-shifting sets of consultants and vendors? How can these conflicts be recognized and dealt with?
By transparency, we mean accuracy and accountability in all commercial dealings.
Learn how you cannot only comply with these ethical standards, but improve your business performance at the same time, that good ethics is good business.