Honesty & Integrity
It’s not enough to implement ethical principles into a business simply for show; these business morals must be ingrained in every employee and become part of your lasting business culture.
Honesty & Integrity: Unethical Conduct Destroys More than Business
Don’t be a contractor who overpromises and under-delivers
As the workforce evolves, one thing has remained the same in business: ethics. Honesty and integrity are universal ethical principles we should always strive to incorporate into our business practices – it’s simply the right thing to do. But below the surface, it’s much more than that; while dishonesty in business may contribute to a short-term win, it’s a slippery slope that nearly always results in unintended, negative fiscal outcomes.
Fortune Magazine named Enron “America’s Most Innovative Company” for six years consecutively! It was an accomplishment that was undoubtedly envied by many other business owners at the time. However, in 2001 there was an unfortunate twist in the story. The executive team had been hiding large debts from investors, stockholders and shareholders, artificially inflating revenue and the overall value of the company. After the whistle was blown and all was said and done, shareholders had lost $74 billion, thousands of employees and investors lost their retirement accounts, a significant number of employees had lost their jobs, and the CEO of Enron quickly found himself serving 24-years in prison.
For good or for bad, this and many other examples of unethical conduct in business have shaped our expectations for honesty and integrity in business today. The bottom line is that poor ethical conduct is detrimental to any business on many levels, seen and unseen, and can seriously cripple reputation and overall performance in the short and long run.
It’s not enough to implement ethical principles into a business simply for show; these business morals must be ingrained in every employee and become part of your lasting business culture.
It’s not coincidental that Sharp, Robbins & Popwell in Tennessee is receiving more and more business every year as their reputation grows. Their steadfast demand for unquestionable business ethics has shaped a very successful construction and restoration business based upon honesty, integrity and other desirable traits.
Source: Honesty & Integrity: Unethical Conduct Destroys More than Business
