For small businesses that compete for clients in competive industries, Business Integrity helps set the foundation of the trust between both businesses, without it you’ll find yourselfWhat are Business Integrity indicators?
These are a few points that
* You will never knowingly violate laws and regulations in any consequential way.
* You will be honest and not mislead others.
* You will make commitments carefully and keep them faithfully.
* You will avoid conflicts of interest, and when they are unavoidable, resolve them in favor of your duties and responsibilities, rather than by benefiting personally.
A recent example of this, just happened last week regarding our new consultant. The consultant was highly recommended by an investor and initial evaluation everything seemed to be fine. last week I received a rather strange phone call which included the words fraud squad. While the caller refused to give me the details, my assumption was it may have been an unhappy client looking to vent his frustration.
I had alerted management about the call and they had approached the consultant about the call. During the initial conversation, the consultant denied knowing the company. Over the next few days the story unfolded and management decided to let them go.
The cascading effect of the this incident, placed the investor in an uncomfortable position and placed the consultant in a situation where legal action maybe pursued.
Had the consultant focus been on upholding their Integrity there would have been a happier outcome for all.