Contributed by Badre Alam, CEO of Badre Alam Traders, a complete trading house located in Pakistan.
To make good, ethical decisions requires a trained sensitivity to ethical issues, a practiced method for exploring the aspects of a decision, and weighing the impacts of a course of action. A method for ethical decision making is absolutely essential for building an ethical business environment. Here are some key questions to consider when assessing the ethical nature of your environment:
Recognize an Ethical Issue
- Is there something wrong personally, interpersonally or socially? Could the conflict, the situation or the decision be damaging to the community, influence other businesses or make a finite position that speaks for itself?
- Does the issue go beyond legal or institutional concerns? What does it do to people, who have dignity, rights, and hopes for a better life together?