There's No Such Thing As "Business" Ethics: There's Only One Rule For Making Decisions

There's No Such Thing As "Business" Ethics: There's Only One Rule For Making Decisions
by John C. Maxwell

There's No Such Thing As "Business" Ethics: There's Only One Rule For Making Decisions
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Book Summary Information

Author: John C. Maxwell
Edition: Hardcover
Audio: English (Unknown); English (Original Language); English (Published)
Published: 2003-08
ISBN: 0446532290
Number of pages: 160
Publisher: Center Street

Book Reviews of There's No Such Thing As "Business" Ethics: There's Only One Rule For Making Decisions

Book Review: The Golden Rule Explained and Improved Upon
Summary: 5 Stars

In the aftermath of the many corporate scandals of the last two years, most people are looking for a way to reintroduce ethics into the companies they work for and invest in. In the process, some enthusiasts for ethical behavior have created whole libraries of do's and don'ts that tend to confuse the issue. What's the answer?

Dr. John C. Maxwell proposes a simple idea: Ethics is the same for all parts of one's life, whether in business or personal activities. "Asking the question 'How would I like to be treated in this situation?' is an integrity guideline for any situation." He builds on that standard to suggest an even higher one, something he calls "developing the Midas Touch." Your goal is to exceed the Golden Rule:

1. Treat people better than they treat you.

2. Walk the second mile (do more than just going the extra mile).

3. Help people who can't help you.

4. Do right when it is natural to do wrong.

5. Keep your promises even when it hurts.

If we all did this, our world would be filled with an abundance of kindness and goodness that would enrich each of us much more than any material possessions could.

Although I was certainly familiar with the Golden Rule, my understanding of it deepened greatly from reading this book. As an example, I think about the rule as "Do unto others as you would have them do unto you." That gets me to thinking about what I am going to do to them before I think about what I would want in that situation. Dr. Maxwell's rephrasing gets me to thinking about what the ideal thing is to do before I consider the other person. That improved my ability to think of good solutions even though the concept is unchanged by the rephrasing.

He also addresses the fact that most people cut corners in an ethical sense, but are very critical of others who do. So there is some hypocritical thinking to address in this area.

Each chapter has questions at the end that readers can use to explore and develop their own thinking. I thought these questions were the most valuable parts of the book, and helped bring the lessons home to me.

I was also impressed to see the research about how the major religions all have their version of the Golden Rule, so this is something that almost everyone believes in.

But, most of us could use some more help to understand what others would like to see us do. The book has many fine sections that talk about the values that people would like to see honored in following the Golden Rule.

The book is also filled with simple business examples that were new to me. One of my favorites is the firm that keeps full employment by eliminating the owner's salaries when times are tough.

You could improve your understanding of ethical behavior over a lifetime by considering and reconsidering this fine book. What are you waiting for?

Summary of There's No Such Thing As "Business" Ethics: There's Only One Rule For Making Decisions

There's no such thing as business ethics. How can that be? Because a single standard applies to both your business and personal life-and it's one we all know and trust: the Golden Rule. Now bestselling author John C. Maxwell shows you how this revered ideal works everywhere, and how, especially in business, it brings amazing dividends. There's No Such Thing As "Business" Ethics offers: * Stories from history, business, government, and sports that illustrate how talented leaders invoked this timeless principle * Examples of difficult business decisions-layoffs, evaluations, billing clients, expansion-and how the Golden Rule applies to each * The five most common reasons people compromise their ethics-and how you can prevail over such moral obstacles * How applying the Golden Rule to business builds morale, increases productivity, encourages teamwork, lowers employee turnover, and keeps clients coming back. John C. Maxwell not only reveals the many ways the Golden Rule creates the perfect environment for business success, but does it with great wisdom, warmth, and humor. Backed by flawless research and the ideas of history's best thinkers, this engaging book brilliantly demonstrates how doing the right thing fosters a winning situation for all, with positive results for employees, clients, investors, and even your own state of mind. Business runs much more smoothly, profits increase, and you know that you've set the groundwork for years of future prosperity...and it's all thanks to the tried-and-true Golden Rule.

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