There's No Such Thing as Business Ethics

In today’s episode, Jody and Meghan discuss ethical codes. Whether you’re at work or at home, ethics remain the same. It is important that you create rules and systems that will keep you and your company in line with an ethical code of conduct. Ethics are not intended to restrict you; rather, ethics are meant to serve as encouragement for making good decisions.

There are three variances of ethics that Jody and Meghan dive into:

• Ethical Absolutism: the idea that there is an unchanging moral code that applies to everyone everywhere.
• Ethical Relativism: ethics depend on the situation and are thus subject to change.
• Ethical Legalism: ethics are based on compliance with a code of conduct.

Companies who follow an ethical system will always make more money in the long run than those who break ethics to make more money now. You almost always get caught when you’re unethical. Trust is gained in droplets and lost in buckets. You want to maintain credibility and trust, and ultimately, you should want to do what is right.

Thanks for tuning in, and please feel free to drop any leadership or management topic suggestions in the comments. Become the kind of leader you would follow!

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