So, in keeping, we have prepared these gifts for you – pearls of wisdom from our Research Director, Simon Webley.
Pearls take a long time to form; they begin as a piece of grit within the oyster, an irritant which over the years gains more and more layers until it becomes valued as something rare and precious.
Simon has been discussing and researching business ethics issues since the 1970s. When he began surveying business people about business ethics, issues such as bribery, price collusion, product safety and insider dealing were just beginning to emerge. Businesses did not talk the language of ethics – values, responsibility, integrity. Codes of Ethics were a rarity, if they existed at all.
Fast forward to the 21st century and the business ethics landscape has evolved. Codes of Ethics are now commonplace. The challenge now for companies is to embed ethics into decision-making and support employees to do the right thing.
Each month we will be releasing one of Simon’s Pearls of Wisdom for you to share with colleagues, staff, friends.
Please use the hashtag #IBEpearl and be part of the discussion on what business ethics means in practice.
People follow their leaders, which is why it is so important it is to have ethical leadership. Simon Webley explores ethics and leadership in his latest Pearl of Wisdom.
In order to prevent ethical lapses, companies must offer a means for employees to raise concerns. In his latest Pearl of Wisdom for the Institute of Business Ethics, Simon Webley talks about what companies can do to create an open culture, where people are not afraid to speak up.
In business, as in life, we can be faced with ethical dilemmas. IBE's Simon Webley offers some simple questions to ask yourself to help you make the right decision in his latest Pearl of Wisdom.
It can take a long time to regain trust – just as with any relationship. There are no quick fixes. Simon Webley looks at ways to regain trust in business. You may also be interested in these IBE reports: Stakeholder engagement: values, business culture and society and Building and Restoring Organisational Trust
There is one way ethics can be translated across all cultures, and that is the Golden Rule – treat others as you would wish to be treated. The Golden Rule appears is most of the world’ religions and can be used as a common basis with which to do business. For example, if you are my supplier, I will treat you as I would wish to be treated and pay my bill within the agreed terms.
Every one has values - but when we come to work, we need to understand how the company's ethical values apply to our day-to-day business. Simon Webley answers the question, can ethics be taught? and offers some unethical red flags to look out for. The end of June also sees the closing date of IBE's student essay competition, which aims to encourage the teaching of ethics in business education.
Because ethics is discretionary, the main tool to guide staff is a Code of Ethics. But a code is necessary but not sufficient, it needs to be supported with training and communication.
In the past, codes of ethics were a rarity; if they existed they weren’t well publicised. In this latest IBE Pearl of Wisdom, Simon Webley, discusses how codes of ethics have changed.
In his third Pearl of Wisdom, Simon Webley explores some of the ethical challenges which will become more important in the future, like Big Data and social media.
In his second Pearl of Wisdom, Simon Webley explores the question: What are the ethical issues facing business today?
What is business ethics? Why is it important? Simon Webley explains in the first installment of his 'pearls of wisdom'
The culmination of the 30th Anniversary celebrations is Ethics Month - 30 days of celebrating ethical values and making them real in the workplace.
Each day throughout November will be given over to a different ethical value.
30 DAYS OF ETHICS - HOME PAGE