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The Importance Of High Ethical Standards, As Explained By Eric Wahlgren In The Ins And Outs Of Ethics

742 words - 3 pages

The Ins and Outs of Ethics is a Business Week Online magazine article from May 13, 2001, it was written by Eric Wahlgren. In the article he interviews Michael Rion, the author of The Responsible Manager. Rion is also a leading business ethics advisor who consults many Standard and Poor’s 500 companies. In the article Wahlgren asks Rion why it is important for businesses to have a high ethical standard. In his responses, Rion explains that effective organizations utilize ethics programs to clearly define ethical expectations, resolve ethical issues quickly, and to remove moral constraints. Additionally, employees who understand how to deal with ethical dilemmas will also be more productive and have strong core values to guide them. According to scripture, Rions concepts are biblically sound, relevant, and desirable, proving that ethical organizational behavior is shaped and influenced by sound ethical principles.
Effective organizations are able to clearly define their ethical expectations by setting high moral standards, writing codes of conduct, and utilizing mentoring programs. “Masters provide your servants with what is right and fair, because you know that you also have a Master in heaven” (Col. 4:1). When organizations clearly define their ethical expectations to their subordinates, they are much more likely to treat their customers fairly. Customers who are treated fairly are much more likely to be loyal consumers of the products or services that the company provides. This helps to establish a loyal customer base that a business can depend upon, thus providing a predictable source of annual revenue. If an employer treats their employees with respect, honesty, and with candor they’ll give the customer 110% (Rion, 2001).
“If we are born of God, we overcome the world through faith”(1 Jn. 5:4). Ethical organizations try to resolve conflicts before they escalate into problems. Organizations can accomplish this by actively seeking others to engage in argumentative debates. This includes discussions to overcome moral conflicts in the company. Resolving ethical issues quickly is important to keep a company out of trouble. A leader who can resolve problems before they start can avoid lawsuits, firing people, and scandals. These situations can give an organization an undesirable reputation which could discourage...

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