Matt Brannelly | Business Ethics Principles

Matt Brannelly | Business Ethics Principles

According to Matt Brannelly, the most recent lesson on the importance of business ethics came with the Wall Street collapse.

According to Matt Brannelly, the most recent lesson on the importance of business ethics came with the Wall Street collapse, as once highly esteemed financial institutions madeheadlines for their bad choices and questionable behavior.

People with integrity value other principles, including honesty, respect, personal responsibility, compassion, and dependability. These qualities are integrated into the Six Pillars of Character, a nonprofit organization that develops and delivers services and materials to increase ethical commitment. The pillars are:

1) Trustworthiness

2) Respect

3) Responsibility

4) Fairness

5) Caring

6) Citizenship

The overriding principle that you have as an individual is you have to make the right decision, says Matt Brannelly, strategic advisor from Australia. That is sometimes very difficult because a decision may be easier, but it is not right. So it takes more of a personal challenge to do the right decision.

The right decision can also be difficult when it calls for the employee to look beyond the scope of their current duties. It depends on the responsibility the executive has, Matt Brannelly states. Most of us know what has been assigned to us and if we see something beyond that scope, it can tell us it’s time to bring it to someone else’s attention.

Behaving in an ethical manner can create positive business results. A business environment that promotes and upholds strong values is usually a happier and more productive workplace, and customers receive good service so they keep coming back.