Ethics 101


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Discussion of John Maxwell's book Ethics 101. The initial dialog for Ethics in Business for CTE Business Administration classes.

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  • There is no such thing as business ethics – there is only ethics. Ethics is Ethics, if you desire to be ethical you live it by one standard across the board.
  • Fortunately, there is a desire for ethical dealing in business. With the increase of companies violating the public trust with ethical business practices business are now ready to change regarding ethics. The bad news is that most people don’t know how to make the transition. Here are some of the solutions they are trying.
  • Among college students, 84% believe the US is experiencing a business crisis and 77% believe CEOs should be held responsible for it. However, 59% percent of those same students admit to having cheated on a test.
  • US representative Jabez L M Curry stated “ a state to prosper must be built on a foundation of a moral character, and this character is the principal element of its strength, and the only guaranty of it permanence and prosperity.” This can be said of a business, or family. The foundation has to start with the individual.
  • How do you rate yourself when it comes to being ethical? Which one applies to you. How would you clarify yourself Remember, You must be honest with yourself before you can be honest with others. Read Ethics Matters on page 14-15 from the book.
  • This is an integrity guideline for any situation. Now, let me explain why I believe the Golden Rule should be the one rule to guide through your ethical dilemmas
  • It really is a win for everybody. The golden rule is good for employees. It’s good for clients and it’s good for investors.
  • People who play the blame game rarely get many golden opportunities, it not their fault excuses fall into 3 categories: the hang-ups – who blame life’s circumstances, the bang-ups – who blames past personal problems and hurts and the gang-ups – who blame other people for hindering them People who desire to improve their character and their chances of success must discipline themselves when it comes to … time: since you can’t control how much time you have, you must control how you use it. Energy: you should always strive to use your strength on your strengths. Goals: you can’t do everything, so you must discipline yourself to do the important things and moods: if you do not master your emotions, they will master you.
  • 2. To keep money from becoming the master, do the following: earn your money, be scrupulously honest, be generous and use credit wisely and sparingly
  • Ethics 101

    1. 1. Ethics 101 John C Maxwell Presented by Mrs. Walton CTE Business Administration
    2. 2. The Ethical Dilemma <ul><li>We do what’s most convenient </li></ul><ul><li>We do what we must to win </li></ul><ul><li>We rationalize our choices with Relativism </li></ul><ul><li>***The result is ethical chaos </li></ul>
    3. 3. A Change in the Wind <ul><li>Outsource Ethics Instruction </li></ul><ul><li>Perform and Ethical Flea Dip </li></ul><ul><li>Rely on the Law </li></ul>
    4. 4. This Time It’s Personal <ul><li>One of our problem with ethics is never a business issue or a social issue or a political issue. It is always a personal issue </li></ul>
    5. 5. The Bottom Line <ul><li>Companies that are dedicated to doing the right thing, have a written commitment to social responsibility, and act on it consistently are more profitable than those who don’t </li></ul>
    6. 6. How Do You Rate Yourself <ul><li>I am always ethical </li></ul><ul><li>I am mostly ethical </li></ul><ul><li>I am somewhat ethical </li></ul><ul><li>I am seldom ethical </li></ul><ul><li>I am never ethical </li></ul>
    7. 7. Ask Yourself the Question <ul><li>How would I like to be treated in this situation? </li></ul>
    8. 8. Two Important Points <ul><li>Standard to follow </li></ul><ul><li>The will to follow </li></ul>
    9. 9. “ Ethics is about how we meet the challenge of doing the right thing when that will cost more than we want to pay” -The Josephson Institute of Ethics
    10. 10. Why Should You Adopt the Golden Rule <ul><li>The Golden Rule is accepted by most people </li></ul><ul><li>The Golden Rule is easy to understand </li></ul><ul><li>The Golden Rule is a Win-Win Philosophy </li></ul><ul><li>The Golden Rule is a compass when you need direction </li></ul>
    11. 11. <ul><li>“There’s harmony and inner peace to found in following a moral compass that points in the same direction regardless of fashion or trend” </li></ul>-Ted Koppel
    12. 12. <ul><li>“ If we had only one rule in this company, it would be the Golden Rule. If we’ve got that one right, no other rules are necessary” </li></ul>- Jim Blanchard
    13. 13. The Golden Rule Begins with You
    14. 14. How do you want to be treated <ul><li>I want to be valued </li></ul><ul><li>I want to be appreciated </li></ul><ul><li>I want to be trusted </li></ul><ul><li>I want to be respected </li></ul><ul><li>I want to be understood </li></ul><ul><li>I do not want others to take advantage of me </li></ul>
    15. 15. Character Counts <ul><li>Character is More than Talk </li></ul><ul><li>Talent is a Gift – Character is a Choice </li></ul><ul><li>Character brings lasting success with people </li></ul><ul><li>People cannot rise above the limitations of their character </li></ul>
    16. 16. Guideline to a Life of Character <ul><li>Adopt the Golden Rule as the integrity guideline for you life </li></ul><ul><li>Make your decisions based on this integrity guideline </li></ul><ul><li>Manage your decisions based on this integrity guideline </li></ul><ul><li>Ask others to hold you accountable for your actions </li></ul>
    17. 17. Factors That Can “Tarnish” The Golden Rule <ul><li>Pressure </li></ul><ul><li>Pleasure </li></ul><ul><li>Power </li></ul><ul><li>Pride </li></ul><ul><li>Priorities </li></ul>
    18. 18. Seizing Your Golden Opportunity <ul><li>Take responsibility for your actions </li></ul><ul><ul><li>Responsibility is proportionate to opportunity </li></ul></ul><ul><li>Develop personal discipline </li></ul><ul><ul><li>People who fail to develop discipline are often tempted to cheat to keep up </li></ul></ul><ul><li>Know your weaknesses </li></ul><ul><ul><li>People who know their weaknesses are rarely taken by surprise </li></ul></ul><ul><li>Align your priorities with your values </li></ul><ul><ul><li>Define your values, then align your priorities </li></ul></ul>
    19. 19. Seizing Your Golden Opportunity <ul><li>Admit wrongdoing quickly and ask forgiveness </li></ul><ul><li>Take extra care with finances </li></ul><ul><ul><li>If you want to know something about the character of a man, watch how he handles money. </li></ul></ul><ul><li>Put your family ahead of the work </li></ul><ul><li>Place high value on people </li></ul><ul><ul><li>Put yourself in others shoes </li></ul></ul>