People’s sensitivity to misconduct by entrepreneurs and top managers has increased dramatically in recent years. As a result, trust in the economy and in companies has certainly suffered as well. Self-employed people are sometimes accused of selfishness or enrichment as a motivation.
In my experience, however, in the vast majority of cases it is simply the desire for an independent, self-determined life that makes people start a company. The desire for recognition and the dream to advance a business idea. Most entrepreneurs work extremely hard for this. They are the driving force behind their companies and at some point they have managed to
combine socially acceptable cooperation in the company with their entrepreneurial and economical goals. For me, this unity is the essence of ethical business management.
At the same time, it makes no sense to have a bad working climate when the earnings situation is good. Or to get along well with each other, but to be economically on the verge of insolvency. As an entrepreneur you have to be able to combine both.
For me, important aspects of ethical entrepreneurship are… Creating a climate of trust. As a company we are highly competent and behave morally correct. For this we are appreciated by employees, partners and customers… and in the end we are rewarded with orders. to offer employees more than money and a secure job. Fair treatment, open communication, recognition of their work performance and professional development are most important. To refrain from non-ethical practices such as unfair competition or bribery.
Photo credits: Shutterstock