Personal values and ethics govern personal success and have an impact on career success. Everyone has their own set of values and ethics that have been taught throughout life. Personal values and ethics are learned behaviors, hence, some are easy to understand and apply, some can be acquired, and each compliments the other. Values and ethics can carry consequences. Therefore, if one applies the practices, they can succeed. If one ignores or violates the practices, one will find themselves in the position of self loathing, stress, or in a bad situation. These values and ethics carry over into our professional lives as we go into our careers.
Value is a term that expresses the concept of worth in general, according to Wordiq (2010) and it is thought to be connected to reasons for certain practices, policies or actions. According to (Lopper, 2008) value is, a principle, or quality intrinsically valuable or desirable.
(Lopper, 2007) explained the following:
Values are personal; a set of values is what's important to that individual. Values are so important that a person just doesn't feel right when what they are doing is in conflict with a value. Values conflicts can generate high levels of personal stress. There is no right or wrong set of personal values, though there are cultural norms embracing certain values as correct. Your personal code of values are what's important to you; not something you want or would like to have, but something you literally need in your life to be true to yourself. A value is a principle or quality intrinsically valuable or desirable to you. Values are personal. They are your convictions, your beliefs, and your ethics rolled into one.
According to (Yourdictionary, 2010) ethics is:
1. the study of standards of conduct and moral judgment; moral philosophy
2. a treatise on this study
3. the system or code of morals of a particular person, religion, group, profession, etc.
Ethics are your sense of duty, accountability for your actions, expected performance, and moral obligations. To this end, ethics is an inward monitor of self. It is how people behave in the face of difficult situations that test their moral make up. Values and ethics are but an intrinsic measurement of good and bad or right and wrong. Values and ethics incorporate a cornucopia of beliefs, conscience, integrity, morals, principles, and values.
Let us look at some examples where values and ethics in a work place that have either had an excellent outcome or have caused unacceptable outcomes.
An example of exceptional values and ethics that comes to mind is that of Craftsman Industries, Inc. Craftsman Industries, Inc have been in business since 1977 the have had the same motto since the day they started. Their motto is “Precision, Quality, and Prompt Delivery” The fact that they have stuck to and carried out their motto it has made...