The road to affluence is paved with ethics
Updated: May 7, 2020
Studies prove that companies ranked high for ethics grow faster and outperform companies that don't. What’s more, half a trillion dollars in productivity is lost every year in the United States because of employee disengagement and workplace conflict. Yonason Goldson joins Diane Helbig to discuss how and why organizations that radiate ethical values automatically generate enthusiastic employees, loyal followers, and higher profits.
Enjoy this episode of Accelerate Your Business Growth podcast, featured on Inc.com's list of 100 Podcasts That Will Make You Smarter, Better, and Wiser.
Here are a few highlights:
“One of the things that has disappeared from our society is a sense of shame. The more you see of unethical behavior, the more that becomes the norm. When it appears that no one else is playing by the rules, you have to ask yourself, ‘Why should I?’”
“When you try to legislate ethics, you run into a contradiction. The only way any system can operate is with a mindset of respect for the law and the self-respect that goes with it.”
“When you create a culture where the employees enjoy working and the clients enjoy patronizing, you may sacrifice a little bit in short term profits but you gain tremendously in long term growth.”
“We have to be conscious and sensitive to other people. But give people the benefit of the doubt. Don’t get hung up on little things, since most people don’t intend any offense.”