The most important criteria for resolving ethical dilemmas in business is what I would constitute as "doing the right thing". There are laws and regulations to ensure that businesses themselves do not take advantage of its constituency but still today we see situations such as Enron. Leadership within an organization must treat its employees and those that they serve (customers) as they themselves would want to be treated. While this might seem intuitive at first, the fact of the matter is that this does not take place very often. In most instances, the bottom line (dollars) is the driving figure that dicates the decision making process within organizaitons and not simply doing the right thing.
With regards to a personal code of ethics, my code cannot be outlined in the acronym of PRIDE.
In order to effectively lead an organization, I believe one must ...
The philosophy of proper business ethics is analyzed. The expert develops at least five different points that support the thinking.