The business with high ethical standards has three primary advantages over competitors whose standards are lower:
Marvin Bower
A business of high principle attracts high-caliber people more easily, thereby gaining a basic competitive and profit edge.
principles people business
A business of high principle generates greater drive and effectiveness because people know that they can do the right thing decisively and with confidence.
rights principles people business
People should be judged on the basis of their performance, not nationality, personality, education, or personal traits and skills.
people education
The difference between a leadership and a command company can be very great indeed, because in a hierarchical situation, people who have concerns about reactions against themselves would simply not put forward negative information.
leadership management information people
Business leaders shape public opinion.
business the-public
The course of business shapes public opinion.
Fourteen basic and well-known managing processes make up the components from which a management system for any business can be fashioned.
business system
business
I believe that leaders and leadership teams working together in a proper design will run the business more effectively than by hierarchical, command-and-control managing. But I can't prove that. And there are no models.
leadership management design business
Convinced that behavior and conduct are every bit as important as skills and expertise, I sought to build the firm into an enduring, values-based institution.
buildup
Basic philosophy, spirit and drive of an organization have far more to do with its relative achievements than do technological or economic resources, organizational structure, innovation and timing.
organization organizations philosophy innovation
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