The winners of the World’s Most Ethical Companies are the standouts. Each forces other companies to follow its leadership or fall behind. Each uses ethical leadership as a profit driver.
Ethics are absolute. Business ethics are relational. And ethical leadership requires a position of influence.
What does that mean? Certainly there are absolutes to business ethics, such as respecting employees and stakeholders, competing fairly and within the law, and being a responsible corporate citizen.
Companies routinely compete for recognition for their “corporate citizenship” or “best place to work” award. And predictably, a select few pharmaceutical companies, a handful of consulting and high-tech firms, and a couple of retailers appear near the top of the list.
These lists are based only upon absolutes.
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