Ivan Widjaya’s Post

In today's business world, integrity isn't just a buzzword—it's a key driver of long-term success. Discover how principles like transparency, fairness, and accountability can transform your business culture. Read on to learn best practices for fostering ethical decision-making and why it matters for your company's future: https://lnkd.in/dWcSzSkS #BusinessEthics #CorporateIntegrity #EthicalLeadership

6 benefits from focusing on ethical business decisions

🍳The Ethical Compass: 🥨 Chapter – 2 💚 Ethical Decision Making: Choices That Define Success💥 ===================================== This article emphasizes the importance of ethical decision-making in business, highlighting how such choices impact both the organization and its stakeholders. The case study of the Ford Pinto provides a powerful example of the consequences of unethical decisions, reinforcing the need for integrity in every business choice. Bikas Pandey #EthicalDecisions #BusinessIntegrity #ChooseWisely #LeadershipChoices https://lnkd.in/gkxHcKYm

Newly published York University research into the Good Business Charter shows that ethical practices can be the key to success. https://lnkd.in/eqWZcvVU

In today's competitive business environment, the temptation to lie, cheat, or otherwise engage in dishonest practices can be substantial. Businesses often face immense pressure to enhance their bottom lines, leading some to embrace unethical strategies. However, while such actions might yield immediate gains, the long-term consequences are notably detrimental. #customertrust

Ethical corporate values leave no room for manipulations! In today’s fast-paced, result-driven business world, the true test of an organization’s mettle is not just in its profitability or revenue but in the corporate values it upholds and also how sincerely these are practised across the board. In a current scenario where cutting corners and bending truths may seem like tempting shortcuts to quick gains, they come at the cost of compromise, sometimes compromise in practising the corporate values, which often leads to manipulations at different verticals, be it sales, HR, finance, admin, operations, tech, etc. When there is a compromise on corporate values, there is no boundation to follow a predefined route which is in the interest of all stakeholders, in the long run. Hence, there is a possibility of practising manupulative practices which signals deeper issues—a weakening of the foundational values that shape a company’s culture and its relationships with stakeholders. Hence, when ethical values are embedded into every level of the corporate structure, the organizations are bound to stay on the right path as they have a roadmap to follow. In presence of a ethical roadmap, there is a lesser chances of manipulative practices being followed. Ultimately, ethical corporate values are not just a “nice to have”—they are the compass that guides sustainable and respectable business practices. When an organization’s values leave no room for manipulations, it creates a legacy built on values such as trust, integrity, and genuine success. Does your business understands this profound truth and follow unwavering ethics. Because, in the end, the only growth that matters is growth without compromise of its ethical corporate values. #corporatevalues #ethicalpractices #roadmap #growthpath #sustainability #manipulativepractices

🌟 𝐌𝐨𝐧𝐭𝐡 𝟒 𝐁𝐞𝐠𝐢𝐧𝐬: 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐧𝐠 𝐭𝐡𝐞 𝐍𝐮𝐚𝐧𝐜𝐞𝐬 𝐨𝐟 𝐄𝐭𝐡𝐢𝐜𝐚𝐥 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐌𝐚𝐤𝐢𝐧𝐠 𝐢𝐧 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬🧭 As we embark on the fourth month of our enlightening journey, we delve into the core of business integrity: 𝐄𝐭𝐡𝐢𝐜𝐚𝐥 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧 𝐌𝐚𝐤𝐢𝐧𝐠. It's the compass 🧭 that steers companies through the intricate, often murky waters of the corporate world. In a landscape where decisions can ripple through to have far-reaching implications, mastering ethical decision-making processes is not just crucial—it's essential. 𝐈𝐭'𝐬 𝐚𝐛𝐨𝐮𝐭 𝐝𝐨𝐢𝐧𝐠 𝐭𝐡𝐞 𝐫𝐢𝐠𝐡𝐭 𝐭𝐡𝐢𝐧𝐠, even when it's the toughest choice 🚦. It's about ensuring that 𝐞𝐯𝐞𝐫𝐲 𝐜𝐡𝐨𝐢𝐜𝐞 𝐦𝐢𝐫𝐫𝐨𝐫𝐬 𝐭𝐡𝐞 𝐜𝐨𝐫𝐞 𝐯𝐚𝐥𝐮𝐞𝐬 𝐨𝐟 𝐡𝐨𝐧𝐞𝐬𝐭𝐲, 𝐟𝐚𝐢𝐫𝐧𝐞𝐬𝐬, 𝐚𝐧𝐝 𝐫𝐞𝐬𝐩𝐞𝐜𝐭 𝐟𝐨𝐫 𝐚𝐥𝐥 𝐢𝐧𝐯𝐨𝐥𝐯𝐞𝐝 𝐩𝐚𝐫𝐭𝐢𝐞𝐬. 𝐓𝐡𝐢𝐬 𝐦𝐨𝐧𝐭𝐡, 𝐰𝐞 𝐰𝐢𝐥𝐥 𝐮𝐧𝐟𝐨𝐥𝐝: ✅ The foundational pillars 🏛️ of ethical decision-making in business. ✅ Strategies 🛠️ to cultivate an environment where ethical considerations lead every decision. ✅ Real-world examples 🌎 that showcase the profound impact of ethical decisions on business success and reputation. Why focus on this? Because businesses are 𝐬𝐨𝐜𝐢𝐞𝐭𝐚𝐥 𝐩𝐢𝐥𝐥𝐚𝐫𝐬; 𝐭𝐡𝐞𝐢𝐫 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬 𝐜𝐚𝐧 𝐟𝐨𝐬𝐭𝐞𝐫 𝐠𝐫𝐨𝐰𝐭𝐡 𝐚𝐧𝐝 𝐢𝐧𝐧𝐨𝐯𝐚𝐭𝐢𝐨𝐧, 𝐬𝐡𝐚𝐩𝐞 𝐥𝐢𝐯𝐞𝐬 𝐚𝐧𝐝 𝐜𝐨𝐦𝐦𝐮𝐧𝐢𝐭𝐢𝐞𝐬, 𝐚𝐧𝐝 𝐬𝐞𝐭 𝐭𝐡𝐞 𝐝𝐢𝐫𝐞𝐜𝐭𝐢𝐨𝐧 𝐟𝐨𝐫 𝐨𝐮𝐫 𝐟𝐮𝐭𝐮𝐫𝐞. Grounding these decisions in ethics builds lasting trust and integrity in the business world. Join me as we chart the course of ethical decision-making in business. 𝐋𝐞𝐭’𝐬 𝐚𝐝𝐯𝐨𝐜𝐚𝐭𝐞 𝐟𝐨𝐫 𝐚 𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐨𝐟 𝐢𝐧𝐭𝐞𝐠𝐫𝐢𝐭𝐲 𝐚𝐧𝐝 𝐭𝐫𝐮𝐬𝐭, 𝐜𝐫𝐞𝐚𝐭𝐢𝐧𝐠 𝐚 𝐜𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐞 𝐞𝐭𝐡𝐨𝐬 𝐭𝐡𝐚𝐭 𝐭𝐡𝐫𝐢𝐯𝐞𝐬 𝐚𝐧𝐝 𝐮𝐩𝐥𝐢𝐟𝐭𝐬 🌱. I invite you to share 𝐲𝐨𝐮𝐫 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞𝐬 on what ethical decision-making means to you and how it has influenced your business approach. Let’s lead the charge in creating a more ethical, transparent, and trustworthy business environment. #EthicalDecisions #BusinessIntegrity #ESGStrategicLeader PS: This foto was taken in a conference on ethical leadership, in 2019.

Many organizations struggle to maintain a balance between profit margins and ethical practices. A compelling article I came across discusses how implementing ethical business tactics can significantly improve profitability. Here are a few actionable steps worth considering: 1. Prioritize transparency—be upfront about business practices and engage with your community. 2. Foster a culture of integrity among your team—encourage ethical decision-making at all levels. 3. Invest in sustainable practices—this not only builds trust but can also open up new market opportunities. Following these tips can lead to increased customer loyalty and satisfaction, translating to better profit margins. Plus, a truly ethical approach often leads to enhanced employee morale. What strategies have you found effective in fostering ethical practices within your organization? I'd love to hear your insights. https://lnkd.in/g7qzdsRD

Case Study: Ethical Dilemmas and Resolutions in Operations