SBA – Managing | Business Ethics: “Business Ethics”
The Foundation of Effective Leadership
“Business ethics are a hot topic these days. With everything from insider trading to employee theft on the rise, it is no wonder that businesses are beginning to focus on the impact of ethical leadership. But along with this new focus comes a lot of ‘gray area’. Many times, managers are forced to decide on issues where there are arguments on both sides – a problem that makes ethical decision-making very difficult. ”
– The SBA does a great job here of explaining ethics and the three questions that you should ask yourself when you are faced with a grey area where there are arguments going either way. The bad FX traders should have been smart enough to learn this. You can lose it all but if you have your reputation you can get it all back. If not, forget it. -ed.