Those companies that ignore ethical conduct are finding that it matters to the bottom-line. From higher costs to lost revenues, from worsening stock valuations to employee hiring and retention problems, not behaving ethically has economic consequences. The New Ethics is not about warm and fuzzy feelings. It is a hard-nosed response to growing pressures in the marketplace as much as it is about our stake in the environment we share and the communities in which we live. Based on these considerations, SFEL consists of a framework and methodology for implementing ethical leadership in business.
Ethics is indivisible.
In this sense, the Six Facets are like the facets of a cut diamond. Each is an integral part of the whole. The Six Facets of Ethical Leadership are presented sequentially and companies can choose the ones they wish to start with but they have to understand that the Six Facets are essentially inseparable. The most important insight is the connection between them. The framework below consists of a set of high-level criteria that individual companies use to specify ethical leadership according to their own business needs.