Category Archives: Ethics

master code professional – The price of ethics

We all want to believe that practicing good ethics in both our personal and professional lives is the right thing to do; that we should not wrong, cheat, or defraud others.  The reality though is we have allowed unscrupulous ethical practices to creep into our lives like a vine that starts at the root and, if left unchecked, slowly climbs the tree and eventually strangles it.  The current recession is indicative of how we are all having to pay a hefty price for ethical corruption, e.g.; companies are closing, people are out of work, houses have been foreclosed, retirement funds are depleted causing people to work longer and creating a crowded job market for young people to enter.  Some would say the recession is a simple matter of economics and nothing else.  Nonsense.

The recession was created by greed, which lead to bad lending and investment practices, followed by a shell game for hiding losses, along with lies and cover-ups.  The problem became so massive that all the king’s horses, and all the king’s men, couldn’t put Humpty together again.

Actually, the recession has done us a favor by uncovering the truth about ethics in this country and hopefully it will be a wake-up call for reform.  The lesson here is simple:  It costs more to follow a path of unethical business practices than to be honest and do what is right.  A “fast buck” is just that, a quick way of making money but it will inevitably cost business and reputations later on (ask a couple of lending institutions if you don’t believe me).

The Media and unsophisticated teaches us that unethical practices are socially acceptable, even “cool,” and by doing so they are sewing the seeds of our destruction. I don’t see myself as a religious fanatic, but it seems to me that we have lost our way and need to redefine our ethical values and teach them in the office, the classroom, and in the home.  People will undoubtedly dismiss such a notion as ridiculous, that their values are just fine thank you, but are they?  Do we truly preach such things as honesty, integrity, trust, etc.?  Current indicators would suggest otherwise.

Some would suggest that you can only afford to practice ethics in a robust economy (when you have the time and resources to do so).  I contend otherwise, that good ethical practices are required for rebuilding an economy.  Ethics, quite simply, is good business; it represents satisfied customers, referrals, repeat business, and reduced operating costs.  Unethical practices simply sets up a collision course with disaster, maybe not immediately, but inevitable nonetheless.

And God, No, don’t let the government get involved with teaching ethics.  That would be like allowing the inmates to run the asylum.

TIM’S CRASH COURSE ON ETHICS 101

We all know what is right and wrong, but ethics requires a person with strength and character, something that is somewhat uncommon in this day and age. I’m not going to tell you to keep your word, or to be honest and lead an upright and respectable life; You should know this already.  The question is, do you have the fortitude to do so?

Perhaps these simple guidelines will help:

1.  Learn to say, “No.”  It is an incredibly powerful word and something we do not say enough of.  At times it may seem awkward and uncomfortable to say, but learn to say “No” nonetheless.

2.  Avoid politics.  The more entangled you become in them, the more your principles are compromised.

3.  Go the extra mile, avoid the temptation to take the easy way out. Short cuts may seem nice, but following the right path is more rewarding in the long run.

4.  Write a master code professional of conduct defining how employees are to behave on the job.

5.  Recognize and reward ethical behavior; Penalize bad behavior.

6.  Report indiscretions, either internally within your company, or to external sources, such as the Better Business Bureau.  As a tip, make sure it is well documented.  Don’t want to report it?  Then don’t complain or whine about it to others (shutup).

7.  Participate in and promote discussions on ethics, either in the office, at home, in school, in civic groups, on the Internet, or wherever.  Raise the consciousness on ethics.

8.  Last but not least, lead by example

The Price of Ethics

We all want to believe that practicing good ethics in both our personal and professional lives is the right thing to do; that we should not wrong, cheat, or defraud others.  The reality though is we have allowed unscrupulous ethical practices to creep into our lives like a vine that starts at the root and, if left unchecked, slowly climbs the tree and eventually strangles it.  The current recession is indicative of how we are all having to pay a hefty price for ethical corruption, e.g.; companies are closing, people are out of work, houses have been foreclosed, retirement funds are depleted causing people to work longer and creating a crowded job market for young people to enter.  Some would say the recession is a simple matter of economics and nothing else.  Nonsense.

The recession was created by greed, which lead to bad lending and investment practices, followed by a shell game for hiding losses, along with lies and cover-ups.  The problem became so massive that all the king’s horses, and all the king’s men, couldn’t put Humpty together again.

Actually, the recession has done us a favor by uncovering the truth about ethics in this country and hopefully it will be a wake-up call for reform.  The lesson here is simple:  It costs more to follow a path of unethical business practices than to be honest and do what is right.  A “fast buck” is just that, a quick way of making money but it will inevitably cost business and reputations later on (ask a couple of lending institutions if you don’t believe me).

The Media and unsophisticated teaches us that unethical practices are socially acceptable, even “cool,” and by doing so they are sewing the seeds of our destruction. I don’t see myself as a religious fanatic, but it seems to me that we have lost our way and need to redefine our ethical values and teach them in the office, the classroom, and in the home.  People will undoubtedly dismiss such a notion as ridiculous, that their values are just fine thank you, but are they?  Do we truly preach such things as honesty, integrity, trust, etc.?  Current indicators would suggest otherwise.

Some would suggest that you can only afford to practice ethics in a robust economy (when you have the time and resources to do so).  I contend otherwise, that good ethical practices are required for rebuilding an economy.  Ethics, quite simply, is good business; it represents satisfied customers, referrals, repeat business, and reduced operating costs.  Unethical practices simply sets up a collision course with disaster, maybe not immediately, but inevitable nonetheless.

And God, No, don’t let the government get involved with teaching ethics.  That would be like allowing the inmates to run the asylum.

TIM’S CRASH COURSE ON ETHICS 101

We all know what is right and wrong, but ethics requires a person with strength and character, something that is somewhat uncommon in this day and age. I’m not going to tell you to keep your word, or to be honest and lead an upright and respectable life; You should know this already.  The question is, do you have the fortitude to do so?

Perhaps these simple guidelines will help:

1.  Learn to say, “No.”  It is an incredibly powerful word and something we do not say enough of.  At times it may seem awkward and uncomfortable to say, but learn to say “No” nonetheless.

2.  Avoid politics.  The more entangled you become in them, the more your principles are compromised.

3.  Go the extra mile, avoid the temptation to take the easy way out. Short cuts may seem nice, but following the right path is more rewarding in the long run.

4.  Write a code of conduct defining how employees are to behave on the job.

5.  Recognize and reward ethical behavior; Penalize bad behavior.

6.  Report indiscretions, either internally within your company, or to external sources, such as the Better Business Bureau.  As a tip, make sure it is well documented.  Don’t want to report it?  Then don’t complain or whine about it to others (shutup).

7.  Participate in and promote discussions on ethics, either in the office, at home, in school, in civic groups, on the Internet, or wherever.  Raise the consciousness on ethics.

8.  Last but not least, lead by example.  Become a role model for how you want others to behave.

As November 15, 2004 Deadline for Sarbanes-Oxley Section 404 compliance affects you !…….////

Fast Relief for Sarbanes-Oxley Section 404 compliance

Section 404 of Sarbanes-Oxley Act requires management to confirm the effectiveness of their IT and financial control in a relationship of “control Internal, which is included in the Annual Report (10-K) issued to the public. But what exactly is a review of internal control, and why it is important to you?

The Section 404 Internal Control Report

first yes, then the internal control report must include management controls and procedures, and secondly, it must contain an assessment of internal controls and procedures for financial reporting. Although both of these questions may at first seem difficult to resolve, are not really as hard as you think. />
Management responsibility for the controls and procedures

reaffirmation of management responsibility for the controls and processes more simply by saying that management has taken, or trust in their system. The approval must also have a program for a code of ethics for senior financial officer. The program must also receive timely information on possible changes to the ethics program. So how do you do this?

Business Ethics and Compliance Program

Effective approach for dealing with Section 404 of the Sarbanes-Oxley Act, you can getNTS. These procedures will save time writing explores best practices, creating a standard format, and think more clearly and concisely figures.

easy to Section 404 compliance

The relationship of internal control is the key to Sarbanes-Oxley Section 404 compliance. They must also learn a program of business ethics and compliance are looking for a training course for creating well-defined process to find out more about the effectiveness of the administration, and use a CFO Management Value Series to accelerate the development of your practice. We want to achieve is fast, simple and effective relief for your Sarbanes-Oxley Section 404 compliance.

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DEMOCRACY IN DANGER


ETHICS OR BUST

An end to democracy and social life as we know it ?

How can one forget the business of those scruples and the perplexed looks in peoples faces when asked as to what they had done with them ? The same goes with Ethics except that it does not sound as playful as the other word does. The effect is not the same. We talk about an unscrupulous person but not about an unethical one merely subscribing this to activities. Perhaps that is why it is rendered something that is not worth pursuing with respect as to what it has to teach us.

The political speaker, a disillusioned dissident, in one of the Latin European countries, spoke very freely about the need to introduce ethics into daily lives, much to the sanctimonious satisfaction of nodding heads, in this Jesuit organised, public debate.

“It is easy to be a Christian with a fat balance in the bank behind you”, said one alarmingly.” “A choice between ethics and feeding your ailing child..”said another with equally disapproving gestures.

In fact it renders the whole thing a little beyond social capability as ambition instinctively overrides ethics and the bulk of the much abused public expects and accepts it. I could imagine most of those present fully intended to lever everything to their advantage if ever capable of getting to those corridors of  lucrative licence.

But is it a dead issue even in the modern European Countries – a chimera where too much  is swept underneath the carpet and  ambition becomes entangled in personal interest and the protection at all cost of those astronomical salaries and benefits ?  Who would rock any boat and risk all of that for the sake of all those anonymous others ? Ethics therefore appear to be slightly out of place in this wholly political arena – at least until swatting this carpet becomes a useful, vote catching exercise. According to the Jesuit University in the United Sates, dedicated to the propagation of Bioethics studies, there is a way out of this dangerous slide into chaos.

Can corrective measures really be taken seriously,  when both politicians and religious leaders speak bluntly in favour of issues and behaviour that decry the very existence of something as ephemeral as ethics?  When ethics may well mean being seen to be taking an interest rather than actually doing things correctly from everyone’s point of view, the subject falls off the agenda. It conjures complications and and antagonism from those whose hands are not that visibly clean. In fact lamentably, even in strongly puritanical countries of the higher echelons of the European family, the doubt begins to emerge as to whether ethical values have not only disappeared but have been superseded by a new type of quantum politics and social behaviour now geared to personal, basic survival. Could yuppism have entered these public platforms and taken root ? Whether that survival merely means clinging to the job or amassing whatever can be gleaned from whatever opportunity is probably a matter of individual character, but whilst sections of the affluent societies and all the rest wriggle in their insecurity, veritable fortunes, opportunistically obtained sieve their ways through clumsy, unwilling controls to build estates, which can serve little purpose other than feed the next few generation of potentially incapable members of the family. There is something very bizarre and ugly about this in the face of the horror which our front lounge television sets portray of the increasingly neglected and disdained, so called, third world. But then one does not have to go that far to see what is already happening to those within the democratic communities in the age of computerisation and push button benefits ? For most, short of answering twisted, rhetorical, opinion poll questions, the political extension of family life might as well not be there.  By that I mean that the sense of participation in social development has as much as gone as politicians increasingly make themselves felt only when issues become relevant to votes. Real public needs and fears have become subjects of political whitewash when the expenses involved in correcting them appear not to be justified. Meanwhile, the anxiety factor eats away increasingly at public morale and the thin line of residual respect for authority and order becomes irrelevant. Today, in most developed society this stress not only provokes a cynical disregard for the political contribution, but drives a significantly high percentage of the respective populations to the all powerful chemists and time conscious doctors in search of a panacea.

Values and personal safety.

The dangers  of social collapse b

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