Inside Business Ethics

David Batstone with Worthwhile Magazine posted this essay on the evolution of business ethics. His closing paragraph says:

Compliance, transparency, sustainability, and customer engagement. It is clear to see that business ethics is no longer a trivial matter that senior managers can philosophize over at the odd moment of retreat. Business ethics is a strategic concern at the core of the business operation.

I agree whole-heartedly with his ideas, I just want to add one point. Where he has focused on external stakeholders, investors and customers, pretty much everything he says has application to internal stakeholders (employees, contractors, suppliers) as well.

Whatever it takes for organizations to get to a better place needs to account for and be accountable to all stakeholders.

(Disclaimer: I am an employee of GlaxoSmithKline.)


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