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The purpose of this discussion post is to evaluate The Power of Business Integrity and discuss Gods perspective on business integrity utilizing Kellers Every Good Endeavor. This discussion will also describe what key decision models are currently being used, how they have changed, and why.
The Power of Business Integrity
Business integrity is very powerful, because it keeps people honest or from mistreating someone that they could very well take advantage of. Business integrity is having the ability to do what is right, even when no one is looking. According to Gamble, Business ethics is the application of ethical principles and standards to the actions and decisions of business organizations and the conduct of their personnel. Having business integrity is what keeps business open or customers continuing shopping with the organization. Living through the times when the financial markets have collapsed and billions of dollars in corporate scandals have been the norm over the past two decades, business integrity has had to come by.
Most feel that business integrity is the ultimate responsibility of the leaders within the organization, but it is actually the responsibility of everyone within the organization. Geddes noted that Compliance and integrity-based ethics programs are the leading pragmatic approaches to ethics used in todays business environment (2017, p. 420). Compliance programs are typically more concerned with failure to comply will most likely result in termination, fines, or possible incarceration. Both deal with doing some type of wrong, but integrity is based on what you have morally done wrong, or doing something that is not part of the norm.
Gods perspective on Business Integrity
Business integrity is how successful businesses thrive in todays business environment. Whether a business gives products or services, its reason ought to be for more than just making cash. The operation of commerce ought to include esteem to the quality of life, and ought to move forward and improve society. Our moral benchmarks, as Christians, are built around our center convictions and our center values, which include integrity. Astuteness is the quality of having and following tall ethical standards and guidelines. According to Keller, Wisdom is more than just obeying Gods ethical norms; it is knowing the right thing to do in the 80 percent of lifes situations in which the moral rules dont provide the clear answer (2016, p. 215). Even further the Bible teaches you to ask God for assistance when you are stuck or do not know what is right or wrong.
Solomon (2003) stated, Business is about integrity as well as profits, and the profits mean little if their cost sacrifices integrity (p. 13). In this text, Solomon noted this, because he felt that the cost of giving up your integrity would be way more than what profits you could gain from it, which is how God has viewed business throughout the Bible. God also views this as putting him second to money and profits as well, because if you had been operating according to Gods plan, you would not be in the position to sacrifice your integrity. Christians are equipped with an ethical compass and power of the gospel that can sometimes be subtly from those around us (Keller & Alsdorf, 2012, p. 209). If we all operate according to Gods work, we will not have integrity or ethics issues. We can trust those that we do business with and vice-versa.
Decision Models
One model that has stuck with me throughout the course was Krogerus & Tschäppelers Hersey-Blanchard model (situational leadership): How to successfully manage your employees. This model has helped me with business now, and I can see myself using this model in the future as well. Although my current decision model has not changed from the Hersey-Blanchard model, I have noticed other decision models that caught my attention throughout this course. The Eisenhower matrix: How to work more efficiently. This model stuck out because it was aimed more toward helping me become more efficient, instead of assisting someone else.
Conclusion
The purpose of this discussion post was to evaluate the Power of Business Integrity and discuss Gods perspective on business integrity utilizing Kellers Every Good Endeavor. This discussion has also identified the Hersey-Blanchard decision model as the favored and how it could assist throughout the business.
References
- Gamble, J., Peteraf, M., & Thompson, A. (2019)., Essentials of strategic management., McGraw-Hill Higher Education (6th ed.), New York, NY.
- Geddes, B. H. (2017). Integrity or compliance-based ethics: Which is better for Todays business? Open Journal of Business and Management, 5(3), 420-429.
- Krogerus, M., & Tschäppeler, R. (2018)., The decision book: 50 models for strategic thinking., W. Norton & Company, Inc. (Revised ed.), New York, NY.
- Rumelt, R. (2011). Good strategy/bad strategy: The difference and why it matters., Crown Business, New York, NY.
- Solomon, R. C. (2003). A better way to think about business: How personal integrity leads to corporate success. Oxford University Press, USA.
Annotated Bibliography
- Geddes, B. H. (2017). Integrity or compliance-based ethics: Which is better for Todays business? Open Journal of Business and Management, 5(3), 420-429. doi:10.4236/ojbm.2017.530
This article provided insight into Business and Management. The article was published by the Open Journal of Business and Management, a Peer-reviewed journal. The publisher has been publishing articles as a platform for scientists and academicians. The article was published in 2017, which is less than two years old, with relevant information regarding the business management environment.
- Bruce H. Geddes is affiliated with the School of Business, Western Governors University, Salt Lake City, USA.
This article fits into this discussion because it focuses on personal integrity and how it could lead to corporate success.
- Solomon, R. C. (2003). A better way to think about business: How personal integrity leads to corporate success. Oxford University Press, USA.
This book provided insight into business management and business strategies and was published by Oxford University.
- Robert C. Solomon was a professor of philosophy and business at the University of Texas at Austin for nearly 30 years.
This particular book published in 2003, fits into the discussion because the book discusses personal integrity and how it could affect success on the corporate level.
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