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Tuesday 31 January 2012

Good ethics fetch good business


Believe it or not, but business ethics not only provide good business but they also prove helpful in long term as well. In old time many businesses first learnt the moral as well financial risks of focusing only on short-term monetary profits. For instance Lehman Brothers, with more than 150 years of success and scripting many success story went bankrupt in less than a week’s time. This really indicate that there were ethical issues with the organization and management tried its best to keep them undercover but the worst could not be avoided, says Jack Loman, who sports his 4x4 Honda, which is just got Fred Loya Insurance cover.

Well, talking about work ethics a latest book with title: 'Management Ethics: Placing Ethics at the Core of Good Management' which is written by Domenec Mele tends to refocus our mind from short-term gains to long term benefits. Book’s author says that good management must have ethics as an integral part of its policy. An organization policy must be adequate when it comes man management handing. Following the example of Fred Loya Insurance would be a nice option because at Fred Loya Insurance its clients and staff come first.

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