Besides, we've already got a code of conduct. Of course, the big error in this line of thinking is the idea that ethics is an add-on, something extra. If there is any lesson in the headlines, it is that ethics is an integral dimension of your business and your capacity to make a profit. In the 1980s we learned that being competitive cost, quality and customer service were the building blocks of success. The 1990s have taught us that success also requires trustworthiness and integrity.
Success hinges on specifically identifying where a business is at risk.
We need to keep pace. Even small businesses create organizational systems or incentives that conflict. It is a regular agenda item keeping their standards front and center. We need to know if we are on-track. To ensure confidentiality, some ask their outside auditors to carry out this function.