The Top Ten Principles By Philip Humbert Essay

1363 Words Nov 13th, 2015 6 Pages
To have an ethical workplace, any organization or company needs to establish its own culture, values and leadership. In other words, if a company wants to promote an ethical behavior, managers and employees need to be aware about business ethics from leadership, codes of conduct, related legislation to compliance training, ethical decision making, cultural and generational differences around ethics. Ethics is present in most of the decisions we make every day. The object of this paper is to identify four business ethics principles that look very important for an organization or individual through the article the “Top Ten Principles” by Philip Humbert provided in class. I will develop the following principles that are important from my point of view based on some researches, readings and examples.
1. Business ethics are built on Personal Ethics. Developing principles implies that we should assign a value or quality to an action or decision-making. Without establishing principles, values or qualities are not ethically useful because they are not specific enough to provide direction for making the right or bad decision. For example, one of my most important values or qualities is candor; therefore my principle should be “always being frank, honest, or candid” ( Candor is required in any closest or business relationships such as parent - child, teacher - student, husband – wife, employer - employee and between business partners. Each parties involved in the…

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