What Are Core Ethical Principles in Business Leadership?
Several core ethical principles should guide business leaders:
- Integrity: Acting with honesty and strong moral principles, even when it's challenging. - Transparency: Being open and clear about company operations and decisions. - Accountability: Taking responsibility for actions and their impacts. - Fairness: Ensuring just treatment and equal opportunities for all stakeholders. - Respect: Valuing the dignity and rights of every individual involved in the business.