Question

I need the briefly outline for the topic:''There is no such thing as business ethics. There is only one kind to adhere to the highest standards''. (Marvin Bower).What do you think about this statement? Give your opinions in an academic way."

Must have the thesis statement in introduction

Please break down and give bullet for each main point as I wanna know what should i need to have and do in this academic essay

Answer 1

Articulate your company's philosophies and beliefs. Don't just let them happen by trial and error. These beliefs do not have to be super-specific. In fact, Bower believes they should be "basic enough to become overriding guidelines to action." Here are four beliefs Bower frequently found "in the most successful corporations."

• Maintenance of high ethical standards in external and internal relationships.

• Decisions should be based on facts, objectively considered.

• People should be judged on the basis of their performance, not on personality, education, or personal traits and skills.

• The business should be administered with a sense of competitive urgency.

The key to making your company's beliefs take hold is for leaders to consistently articulate them, in reference to ongoing business realities. "Relate it to actual situations and problems at hand, and point out to subordinates where their actions square, or fail to square, with the beliefs of the organization," writes Bower.

One of their steps is to "create conditions in which people have reasons to do what you want them to do."

The result, they argue, will be a strong alignment between what your employees really want to do and what's best for your organization.

Which is better than what you'd get by merely imposing your authority

* A successful business requires one simple thing PASSION *