Clean and prosper = A good match?
by NicolasLéopold on February 13, 2013 - 10:08am
Hi, my name is Nicolas Léopold, I’m in my 4'Th session at "Cégep du Vieux-Montréal". You don't have to be an expert to write an article. I’ll show you why. Here’s an article that I wrote about "Ethical Business". What is a best way to introduce the subject than to give you my definition of what an ethical business is and what it should be. There are, in fact, differences between those two ideas. We all know that the reality is not what it should be.
First, here’s a definition found in the internet: "The examination of the variety of problems that can arise from the business environment, and how employees, management, and the corporation can deal with them ethically. Problems such as fiduciary responsibility, corporate social responsibility, corporate governance, shareholder relations, insider trading, bribery and discrimination are examined in business ethics."
For my definition, I want to divide the idea in small groups: 1. the atmosphere where we all work. 2. The relationship between the employees 3. How everybody feels about the way they interact with each other and last but not least: How to manage the internal resources. For me, being ethical can be another word for showing mutual respect in those 4 categories. I've read an article about big companies trying to get ethical and how it can, good from bad, change the enterprise. Here are some interesting quotes from the article to prove my point:
“Take Belgium-based materials company Umicore, which this year ranked No. 1 on our annual Global 100. As contributor Marc Gunther writes in a company profile, Umicore began to reinvent itself nearly two decades ago to take advantage of four global megatrends: resource scarcity, electrified transportation, clean energy production and storage, and cleaner air. Once primarily a mining company, it now recycles what has already been mined and creates value-added products, both reducing costs and environmental impacts.”
It means that even the biggest companies in the world are trying to get even bigger by making their enterprise more ethical. In that case, by making your enterprise more ethical you can think of a bigger and better future for everyone. The article also has this very interesting paragraph:
“A 46 per cent company turnover rate on the Global 100 tells us that leadership isn’t just confined to the same group of corporations every year. Newcomers are challenging the early leaders as more companies are coming to realize the bottom-line benefits of using resources more efficiently, treating employees with respect, and being meaningful contributors to the communities they rely on.”
In this case of rich companies that can afford to reinvest in getting cleaner will benefit, in the end, of it. This article is a good example to back up the definition of the word: “Ethical”. All of the four divisions that I mention earlier included: The way the resources are getting cleaner, the way the employees are treated and the environment where everybody works. In most of the cases it’s better to invest for a more ethical company. We will all hope the new entrepreneurs will think this trough.