Business Ethics: “Honesty is the Best Policy” Must Be More than Words on the Wall

in Forum: Advice, Smarts and Warnings
Source of this discusssion: /articles/1664/1/business-ethics-honesty.asp Page description: The corporate scandals of recent years bloodied the public’s trust in business, so now more than ever it’s vital for startups to set firm ground rules for squeaky-clean behavior.
Dec. 12 2006 at 12:19 PM
TrustBuilder Posted by: TrustBuilder

Very trenchant article.

We are quickly approaching a time when honesty, reputation and trust are no longer an option for businesses. Consumer power is quickly growing via the Internet. By simply Googling “Business Name” +complaint/problem/suit, consumers are beginning to access information in seconds that simply wasn’t available just a few short years ago.

Over the next 10 years the concept of  Cavet Emptor" could become a footnote in history along side of the many businesses who used it as a customer engagement strategy.



Edited by: Andrew1 - Dec. 12 2006 at 12:20 PM
Andrew Ward
Founder

http://www.trustfx.com

Customers are more likely to buy from businesses that they can trust!
Dec. 12 2006 at 10:45 PM
onlineeater Posted by: onlineeater
You are correct. I have found dishonest people at all levels of business. That is actually what drove me to start my own company because I was tired of management teams not being honest with employees. If someone has no integrity then they are not worth anything.

John
<A HREF="http://www.AuditAuctions.com">Get ISO Certified</A>
Jun. 09 2008 at 1:55 PM
No Photo Posted by: EthicalCompetitor
Business ethics are critical. I think we all agree and we'd much rather work with someone we trust tha someone who is unethical.  One thing that is bothersome to me is how do I know and as a business owner and partner, how do I protect my company from those that are not so ethical.  We had a situation where former employees left our company, started their own directly competing business and are actively trying to steal away our customers.  While I believe those who are worth keeping will stay with us, how do I let others know about this unethical behavior from our former employees in an ethical way?


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