Every business platform is under particular guiding principles which are referred to as ethics. To start with, business principles are explained as the laid down rules that every individual or corporation should adhere to because they determine whether the behavior or conduct is acceptable by the society (Brusseau, 2011). Particularly, ethical business practice is essential because it ascertains sustainable personal growth and an increase in business or individual productivity. Therefore, the study supports the idea that ethical business practice is crucial to my personal success.
The first reason why I believe ethical business activities are essential to personal success is that I am provided with sensible guidelines towards attaining my professional objectives. In fact, values differ from one person to the other. Indeed, the rank I give to every value impacts on my career choices and objectives (Wiig, 2012). For instance, if one cherishes security more than the personal achievements, then they become more risk-averse oriented than achieving their career objectives (Butts, 2012). Notably, being risk-averse may negatively impact on my career progress. Therefore, ethics may help me make decisions connected to my professional priorities. In addition, values guide me in my everyday activities and tasks.
The second reason why ethical business is vital to personal growth is that it forms a grounding basis for an individual. Therefore, values position one’s behavior in the sense that they instill in them what is right or wrong (Butts, 2012). While personal values are developed through one’s upbringing, relationships, and experiences, the professional aspects are imparted during studies and by an organization’s code of ethics. Therefore, that is why it is often difficult to choose what is right or wrong in my profession, especially if my beliefs are not well developed on both levels. For instance, the International Coach Federation business ethics expect that each employee maintains truthfulness in their adverts and also ensure to keep the confidentiality of their clients. As a result, adherence to required ethical standards ensures that I do not collide with customers, organization, the law, and their immediate colleagues. Concisely, such regulations strengthen my levels of trust with other people (Butts, 2012). As a result, the ideas I present tend to gain more support and lead to cooperation at the workplaces and provide me with the opportunities of becoming a future leader.
The third reason why I believe upholding ethical business practice for personal success is critical is that a person builds lasting integrity. In fact, protecting integrity requires an individual to stay true to the laid down business practices. However, people who compromise their beliefs due to a particular job diminish their self-respect, which in turn leads to feelings of resentment (Carroll & Buchholtz, 2014). Notably, succumbing to the pressure of sacrificing one’s ethics may appear to do well for the company and the bosses who may appear to attract monetary rewards. However, despite the pressure aimed at bending one’s belief, maintaining integrity ensures that one keeps good interaction and respect for family and community. Moreover, straight dealing assures the strengthened relationships, good reputation, and career progress.
As it is evident from the above discussion, ethical business practice at a personal level does not receive much attention. Nonetheless, an individual who adheres to the laid down rules in their daily practice is assured of success at a personal and business level. In essence, the reasons for upholding business ethics at a personal level builds lasting integrity, improves behavior, and sensibly guides people towards the opportunities they take.
References
Brusseau, J. (2011). The business ethics workshop, v. 1.0. Flat world knowledge. California: California State University.
Butts, J. B. (2012). Ethics in organizations and leadership. Oxford: Oxford University.
Carroll, A. B., & Buchholtz, A. K. (2014). Business and society: Ethics, sustainability, and stakeholder management. London: John Wiley.
Wiig, K. (2012). People-focused knowledge management. London: Routledge Publishers.
Order an Essay Now & Get These Features For Free:
Turnitin Report
Formatting
Title Page
Citation
Outline
