Business ethics is a code of conduct guided by moral and cultural values. It is best explained through some quotes on business ethics. Such a code of conduct is essential as it forms the fundamental building blocks of making morally and ethically correct decisions by firm owners and managers. Business ethics becomes even more important when the firm is going through a dilemma and there is no one correct answer to the problem. In such situations, business ethics form the basis for decision making because an objective analysis of the situation does not yield a solution.
Most successful top management leaders are ethical in nature. Most stakeholders like customers, shareholders and employees like companies that have high ethical standards. Ethical people have high levels of concern and empathy for those around them. In this article, we will read a few quotes on business ethics by great leaders.
Quotes on Business Ethics by prominent personalities
“Business need to go beyond the interest of their companies to the communities they serve.” – Ratan Tata
“There is no such thing as business ethics. There is only one kind- you have to adhere to the highest standards.” – Marvin Bower
“It takes 20 years to build a reputation and 5 minutes to ruin it. If you think about that you will do things differently.” – Warren Buffet
“Being the richest man in the cemetery does not matter to me. Going to bed at night saying we have done something wonderful, that’s what matters to me.” – Steve Jobs
“Ethics is knowing the difference between knowing what you have a right to do and what is right to do.” – Potter Stewart
“It takes less time to do things right than to explain why you did it wrong.” – HW Longfellow
“If ethics is poor at the top, that behavior is copied down throughout the organization.” – Robert Noyce
“We must intertwine business and ethics in a very fundamental manner.” – Robert Burner
“Ethics or simple honesty is the building blocks upon which our whole society is based, and business is a part of our society, and it is integral to the practice of being able to conduct business, that you have a set of honest standards.” – Kerry Stokes
“There is no way to succeed in business without the highest ethical standards.” – Jordan Beltfort
If you liked theses quotes on business ethic, you may also check out Quotes on Knowledge Management.