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[W482]What Is Ethical Business
by Jon Caldwell, Jon
Blogging is good for business and this is what most companies are turning towards to today. It isn't just some crap about putting together stored ideas and using keywords in the process. It is about building identity and this is something that has helped in the marketing and promotions of most companies today.

Most people who jump ship do so because they just cannot stay one moment longer at their place of work and honor their own deeply held business or career values at the same time.

People might be able to happily get by with less money, but they cannot work for long in a situation that violates a deeply held core value.

Values go beyond beliefs. They are the core philosophies we hold sacred. People often report feeling as though they were born with these values.

Every individual has a core set of personal values he or she brings to work; every business has a core set of business values. The optimum business situation is when these sets of personal and business values overlap, blend and morph into what I call shared values.

Whether you are consciously aware of them or not,your personal values constitute your ideals, and shape your being - indeed they are your being. And whether you are in alignment with them or not-whether you own or work in a business that reflects them or not they affect your every thought, word and action.

I am the best example of how values- or rather a conflict in personal and business value-helped to shape my behavior and decision-making. I sold my thriving business, not because it was a failure- financially speaking, it was wildly successful- but because I was not able to keep that business and honor my own value of personal freedom. The nature of the business demanded too much time and dedication. Once I realized this, no amount of money could make me stay.

If you are a business owner, your business values are your company's invisible CEOs. Whether you realize it or not, your values help manage every aspect of your business. They guide your decisions; they help determine if your business is viable and valuable. When you create a business that is in alignment with your values-and when you bring people on board who are in harmony with those values-your business has the best chance of meeting your personal and financial goals.

How closely your business is aligned with your own values, and how closely your employees' values follow suit, determines the degree to which your business will fly or flop on all fronts. A strong sense of shared values allows you to initiate meaningful actions based on mutual agreement instead of spending all your time managing the fallout caused by not honoring them.

Without this shared value, our working relationship would have been doomed from day one. With the respect piece missing, we would not be happy with their performance and attitude, and they would not be happy trying to fit in with us.

The payoff for consistently knowing and acting from this and other shared values was that we enjoyed long term relationships with employees, vendors, clients and customers that stretched 25 years or more. We had corporate contracts that lasted 15 and 20 years, a time period unheard of in the contract dining services industry.

Despite this, sitting wrapped in my coat as if about to leave, I listened with great interest to the 'ethical' businesses who bravely gave their websites up for scrutiny at the 'Striding Out - Ethical marketing and branding event' held in Brighton, UK, at the end of February.

It was a great event, but I do have a general gripe about these kind of sessions. As an entrepreneur, I am frustrated by the lack of goody bags at these kind of events. Yes, we get the information and inspiration, but what exactly am I supposed to DO now? What can I take away that allows me to put this new found knowledge straight into action?

I believe one thing is to create an ethical sustainability policy for my business, but what I really want is to walk away from these kind of events with a template for creating my own, with links to appropriate help if I need it (even if that means paying for that help). I was inspired by Sam Wilson of EcoEvents who has done so much homework in creating ways for events to be more ethically run, but also (and just as importantly) defined systems and mechanisms for measuring the successes and failures, and making the organisers of the events accountable.

And if businesses want to not just be part of the `Green Wash', they should be accountable, at least to themselves. What is the point of me creating a sustainability policy if my vision is not balanced by my commitment to achieving deadlines? And buffeted by the realities of every day life, will I not need to make constant revisions for my ethical goals to still be attainable?

I spoke recently with Vania Phitidis, an elected member of the Green Party, who is working with Wealden District Council on awards for `green' businesses. Vania is keen to give advice and encouragement. Businesses should not be shy to contact their local green MPs and to request from them feedback and advice.

Getting expert guidance would be even better, but that can be expensive. Sometimes, I think it is good to make the first steps on your own, since any 'policy' you create will have at it's heart your own passion and commitment, and that may benefit from some uninhibited development first.

One of the companies at the Brighton event were Green Rocket (who also trade as Blue Rocket, but their principles don't change with the colour). Their genuine ethical agenda is refreshing to see in the marketing industry. They have created a succession of articles on how to be an ethical business , and try to set an example for the values they hold dear. Kim Stoddart, Managing Director and Founder of Hove based ethical media relations consultancy and social enterprise, Green Rocket, was concerned about the environmental impact of her business from day one.

As a community interest company with an authentic environmental purpose(75% of the company's profits are reinvested in green initiatives), Kim felt that the company really had to be green to the core and that meant the first place to start had to be the office. Prior to launch, an environmental charter was put in place which was designed to reduce the environmental impact of the business' everyday operations. This looked at every area of the business and just some of the broad range of initiatives put in place included: recycling everything recyclable, including paper, cardboard and plastic waste as well as old computer equipment, mobile phones and furniture. Choosing suppliers for their green and ethical credentials; such as Good Energy for electricity, Magpie for recycling, the Co-Op for banking and Green Your Office for office supplies and office cleaning. Offices were chosen in a central location, to make it easier for staff to walk, or get public transport to work and to travel to client meetings.

Being an 'ethical' business is about more than leaving a reduced carbon footprint. Green Rocket is a social enterprise, but what exactly IS a social enterprise, and how can my business take on some of the same values and practices?

I asked this question of Martin Murphy, who along with Tom Howat runs Network 2012, a website dedicated to promoting the values of social enterprises.

Martin's explanation was as follows: "In a small way we are working towards a more inclusive society and a fairer distribution of wealth and that is the driving force behind Network 2012. Working towards a social goal as well as a business goal is in my view what makes a social enterprise. In essence we want a fairer world and see business as the method of providing that fairer world. In our case an online networking business.

"At the moment we have people who we describe as social entrepreneurs out there running social enterprises and working towards a better world. They are not people who take the attitude that we'll never make a fairer world it's too big a job they are people with a can do attitude who believe we have to start somewhere.

"I admire every single one of them. They are tired of living in an unfair and out of balance world where we see daily worldwide inequality, extreme poverty alongside fantastic wealth and children dying for lack of food, clean water or medicine and are doing something about it.

"It is the doing something about it through business that makes a social enterprise and if current trends are anything to go by in the future we will be much more of a force to be reckoned with. By all accounts the social economy is growing 10 times faster than the normal economy. Being aware of this fact could be the make or break of any business!"

I agreed wholeheartedly with Martin, but had to admit: "Martin, I want to develop a more `ethical' business, but don't know what I can do to `make a difference' right now, whilst struggling to run my small business. I know that with making good `profits' will come the opportunity to reinvest it and do good, but what can I do now while my business is still growing?"

"I take your point completely. I appreciate that starting and running a small business is difficult I think there are definitely things small businesses can do.

"Check out their suppliers for example. Can they use a business that is a social enterprise/fair trade? One that is, hopefully, competitive. Can they employ someone with disabilities, a single parent or long term unemployed?

"The overall advantage and this is something that shouldn't be lost is that in the long run this kind of thinking may give that company a competitive edge.

"I attended a round table discussion last week with some representatives from large corporations all talking about Corporate Social Responsibility and whereas before the job of leading CSR was one given to someone an employer didn't really know what to do with now they all have experience in the marketing arms of their respective companies.

"A lot of it is about brand recognition and appealing to a consumer who is becoming more conscious about what products they buy. I also think that in future perhaps the rate of corporation tax may be lower for companies that do something for their communities.

"As I've said earlier though Suzy I do think it may be hard to convince someone struggling to get their business off the ground that they can do anything but I'm sure with a bit of thought that they can."
Article Source : Pg. 337

About Author
Both Jon Caldwell & Suzy Miller are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Jon Caldwell has sinced written about articles on various topics from Beauty Tips, Careers and Job Hunting and Interview Questions. Jon Caldwell is a businessman and entrepreneur. Most of his accomplishments can be found at
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