Linking Strategy of a Company to ethical standards

Question

What are linking a company’s strategy to its ethical standards and core values?

Answer 1

Linking a company’s strategy to its ethical standards and core values are as follows:

1. There is a large distinction between having a code of ethics and a values statement that serve merely as a public window dressing and having ethical principles and business values that truthfully paint the white lines for a company’s actual business conduct and strategy.

2. Indeed, the litmus experiment of whether a company’s code of ethics and statement of core values are cosmetic is the degree to which they are embraced in crafting strategy and in operating the business on a day-to-day basis.