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	<title>Entrepreneurship, Education, and Ethics &#187; Ethics</title>
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		<title>The 10-Point Ethics Checklist</title>
		<link>http://www.gregwatson.com/the-10-point-ethics-checklist/</link>
		<comments>http://www.gregwatson.com/the-10-point-ethics-checklist/#comments</comments>
		<pubDate>Thu, 09 Apr 2009 01:54:00 +0000</pubDate>
		<dc:creator>Greg Watson</dc:creator>
				<category><![CDATA[Ethics]]></category>

		<guid isPermaLink="false">http://www.gregwatson.com/?p=73</guid>
		<description><![CDATA[Michael Fortin recent recently posted this blog post:  &#8220;The 10-Point Ethics Checklist&#8221; &#8230; it was submitted by a student of his Darrin Clement and since it is consistent with what I have been teaching for the past 17 years, I thought I would share it with you here. I personally believe that it firmly supports [...]]]></description>
			<content:encoded><![CDATA[<p>Michael Fortin recent recently posted this blog post:  <a href="http://www.michelfortin.com/ethics-checklist/">&#8220;The 10-Point Ethics Checklist&#8221;</a> &#8230; it was submitted by a student of his <a href="http://www.maponics.com/">Darrin Clement</a> and since it is consistent with what I have been teaching for the past 17 years, I thought I would share it with you here.</p>
<p>I personally believe that it firmly supports the role of Ethics in a person&#8217;s long term business success.  Read my post on <a href="http://www.gregwatson.com/the-speed-of-trust-personal-ethics/">The Speed of Trust &#8211; Personal Ethics</a> for a more detailed description of the power of Ethics and trust in the business equation.  Business typically calculates results as Strategy x Execution, but there is a Trust Multiplier that is an important factor in long term success:</p>
<p>(Strategy x Execution) x Trust = Results</p>
<p>Here is Darrin&#8217;s 10-Point Ethics Checklist, I hope you enjoy it!</p>
<ol>
<li>The Golden Rule: Would I want people to do this to me?</li>
<li>The Fairness Test: Who might be affected and how? Is this fair to everyone?</li>
<li>The ‘What if everybody did this?’ Test: Would I want everyone to do this? Would I want to live in that kind of world?</li>
<li>The Truth Test: Does this action represent the whole truth and nothing but the truth?</li>
<li>The Parents Test: How would my parents feel if they found out about this? What advice would they give me?</li>
<li>The Children Test: Would I be willing to explain everything about this to my kids and expect them to act in the same way?</li>
<li>The Religion Test: Does this go against my religion?</li>
<li>The Conscience Test: Does this go against my conscience? Will I feel guilty?</li>
<li>The Consequences Test: Are there possible consequences of this action that would be bad? Would I regret doing this?</li>
<li>The Front Page Test: How would I feel if my action were reported on the front page of my hometown paper?</li>
</ol>
<p>That is a wonderful list Darrin shared.</p>
<p>Greg Watson</p>
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		<title>The Speed of Trust &#8211; Personal Ethics</title>
		<link>http://www.gregwatson.com/the-speed-of-trust-personal-ethics/</link>
		<comments>http://www.gregwatson.com/the-speed-of-trust-personal-ethics/#comments</comments>
		<pubDate>Fri, 02 May 2008 20:34:36 +0000</pubDate>
		<dc:creator>Greg Watson</dc:creator>
				<category><![CDATA[Ethics]]></category>

		<guid isPermaLink="false">http://www.gregwatson.com/the-speed-of-trust-personal-ethics/</guid>
		<description><![CDATA[What is the speed of trust? I routinely integrate the subject of Ethics into every thing that I do.&#160; A person&#8217;s true character eventually will always show through in the manner in which they conduct themselves in every aspect of their life.&#160; Personal integrity is all that a true man has once the thin veneer [...]]]></description>
			<content:encoded><![CDATA[<p>What is the speed of trust?</p>
<p>I routinely integrate the subject of Ethics into every thing that I do.&nbsp; A person&#8217;s true character eventually will always show through in the manner in which they conduct themselves in every aspect of their life.&nbsp; Personal integrity is all that a true man has once the thin veneer of a surface showmanship is stripped away.&nbsp; Yet it is this reality that many fail to truly grasp as life&#8217;s bumps pierce the thin veneer of their life exposing the character beneath.</p>
<p>Covey says that the Speed of Trust is one of the most powerful forces of life.&nbsp; Stephen Covey does an excellent job of discussing the life effect of one&#8217;s ethical charcter in his book titled &quot;The Speed of Trust&quot; available at Amazon.com.</p>
<p>In his book, Covey talks about how trust flows throughout our lives and directly impacts our relationships in everything that we do.&nbsp; I consistently choose to live by the rule that integrity, ethics, and honor are the root character of who I am, and that those characteristics are demonstrated in the actions and successes that I experience.&nbsp; Covey argues that this essence is integrated into your personal and professional life and is largely responsible for your succcesses and failures.</p>
<p>Covey adds the variable of &quot;trust&quot; to illustrate this impact in business success.&nbsp; Covey states that business success is traditionally illustrated with the formula:</p>
<p>Strategy x Execution = Results</p>
<p>Covey illustrates the role of ethics or trust by adding Trust as a variable to that equation:</p>
<p>(Strategy x Execution) x Trust = Results</p>
<p>The illustration drives home the point that no matter how good your strategy and execution may be, if you are missing that personal characteristic of ethics and trust &#8211; your life successes will be reflected in diminished results.<span id="more-63"></span></p>
<p>It saddens me when I see this simple truth proved out in real life, where people of otherwise respectable talents make life choices regarding their personal ethics and trust.</p>
<p>Covey goes on to describe the role of trust in our life of relationships &#8211; describing five different circles of trust.</p>
<p>Five circles of trust:</p>
<ol>
<li>Self-Trust</li>
<li>Relationship Trust</li>
<li>Organizational Trust</li>
<li>Market Trust</li>
<li>Societal Trust</li>
</ol>
<p>These relationships influence every aspect of our lives.&nbsp;&nbsp;&nbsp; If you can&#8217;t trust yourself (self-trust), will you be able to build healthy relationships and friendships?&nbsp; If you can&#8217;t maintain healthy relationships based on trust, will you be able to participate in larger organizational relationships?&nbsp; Or will you consistently find yourself on the outside looking in?&nbsp;</p>
<p>Covey goes on to describe the principle of market trust.&nbsp; What is your reputation within the market?&nbsp; Have you established a reputation of associations that cast doubt on your trustworthiness?&nbsp; And within society, how do you personally contribute to trust in your personal relationships, organizational relationships, and market relationships.</p>
<p>You can examine your behaviours of trust by evaluating thirteen behaviours of trust.&nbsp; Do you:</p>
<ul>
<li>Talk Straight</li>
<li>Demonstrate Respect</li>
<li>Create Transparency</li>
<li>Right Wrongs</li>
<li>Show Loyalty</li>
<li>Get Better</li>
<li>Confront Reality</li>
<li>Clarify Expectations</li>
<li>Practice Accountability</li>
<li>Listen First</li>
<li>Keep Commitments, and</li>
<li>Extend Trust</li>
</ul>
<p>Covey&#8217;s book &quot;The Speed of Trust&quot; is one of the most important books that a person can read.&nbsp;&nbsp; Trust can be an assest and the lack of trust can be a liability, both personally and financially.&nbsp; It is a fundamental concept that can be a life altering experience.&nbsp;</p>
<p>Covey breaks character and competence down further into what he calls the &quot;4 Cores of Credibility&quot; &#8211; integrity, intent, capabilities, and results.&nbsp; When you combine integrity, intent, and trustworthiness &#8211; you have a rare person; and capabilities and results will follow!</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p>&nbsp;</p>
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		<title>Liquid Clothes Remover</title>
		<link>http://www.gregwatson.com/liquid-clothes-remover/</link>
		<comments>http://www.gregwatson.com/liquid-clothes-remover/#comments</comments>
		<pubDate>Tue, 15 Apr 2008 15:06:14 +0000</pubDate>
		<dc:creator>Greg Watson</dc:creator>
				<category><![CDATA[Ethics]]></category>

		<guid isPermaLink="false">http://www.gregwatson.com/liquid-clothes-remover/</guid>
		<description><![CDATA[Today, national news reported on a card marketed by Hallmark to benefit aids in Africa.&#160; But the news report didn&#8217;t cover the benefits and contribution Hallmark is making to help people living with aids in Africa.&#160; 8% of the net wholesale proceeds from the sale of their new (Product) Red line are contributed to the [...]]]></description>
			<content:encoded><![CDATA[<p>Today, national news reported on a card marketed by Hallmark to benefit aids in Africa.&nbsp; But the news report didn&#8217;t cover the benefits and contribution Hallmark is making to help people living with aids in Africa.&nbsp; 8% of the net wholesale proceeds from the sale of their new (Product) Red line are contributed to the Global Fund to help fight aids.</p>
<p>So what was the focus of the news report today?&nbsp;&nbsp; A greeting card!</p>
<p>The outrage reported is about a card that appears to be offering a glass of wine with the following message:</p>
<p>Front Message:&nbsp; Pardon Me</p>
<p>Inside Message:&nbsp; Would you care for some Liquid Clothes Remover?<span id="more-62"></span></p>
<p>The card features an attractive image of what appears to be a male offering a glass of wine with an inside message asking &quot;Would you care for some liquid clothes remover?&quot;&nbsp; (see snapshot below)</p>
<p>So is there an ethical issue here worth reporting?&nbsp; Hallmark appears to have removed the card from the site following the news story, and below is a snapshot of the product that caused the outrage.&nbsp; What do you think?</p>
<p><img width="511" height="227" align="bottom" alt="liquid clothes remover" src="/wp-content/uploads/image/liquidclothesremover.jpg" /></p>
<p>The news report suggests that the card is marketed to children &#8211; and that was the focal point of the outrage of the news report.&nbsp; While it may be true that some of the Product Red line are oriented towards children and that may be a market demographic that has responded to the line, I could find no credible source that Hallmark actually launched any kind of marketing campaign that targeted children with this product line.&nbsp; And no source that would legitimately suggest that they targeted this specific card towards children.</p>
<p>So is there any real issue here?</p>
<p>Today, it appears that Hallmark has pulled the card from their website.&nbsp; Browsers to the page that used to display the card are now met with a &quot;technical issues&quot; error message.</p>
<p><img width="507" height="151" align="bottom" alt="liquid clothes remover card pulled" src="/wp-content/uploads/image/liquidclothesremovertehnical.jpg" /></p>
<p>Hallmark is one of the leading manufacturer&#8217;s of cards.&nbsp; A trusted source, and a name brand that implies &quot;the very best.&quot;&nbsp; So it is not suprising that rather than risk even the potential of compromising their reputation, that Hallmark would pull this card.</p>
<p>So let&#8217;s consider the business ethics of the situation.</p>
<p>Did Hallmark do anything wrong?&nbsp; Did Hallmark do anything unethical in their creation or marketing of this specific card?&nbsp; Does it change your opinion if you believe that children might buy the card?</p>
<p>The facts of the situation are very clear, Hallmark did nothing wrong.&nbsp; There is no evidence to suggest that the card was created or marketed in an inappropriate or unethical manner.&nbsp; Hallmark&#8217;s history and today&#8217;s apparent action to pull the card suggest that Hallmark cares very deeply about even the hint of impropriety.</p>
<p>So while it may not be a card that I want my granddaughter&#8217;s boyfriend to give her, I will still be proud to have him give her a Hallmark card.&nbsp; Hallmark&#8217;s slogan &quot;When You Care Enough To Send The Very Best&quot; still holds true in my opinion.</p>
<p>&nbsp;</p>
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		<title>&#8220;Obama Factor&#8221; to win Iowa with 45% new voters</title>
		<link>http://www.gregwatson.com/obama-factor-to-win-iowa-with-45-new-voters/</link>
		<comments>http://www.gregwatson.com/obama-factor-to-win-iowa-with-45-new-voters/#comments</comments>
		<pubDate>Fri, 04 Jan 2008 02:44:05 +0000</pubDate>
		<dc:creator>Greg Watson</dc:creator>
				<category><![CDATA[Ethics]]></category>

		<guid isPermaLink="false">http://www.gregwatson.com/obama-factor-to-win-iowa-with-45-new-voters/</guid>
		<description><![CDATA[Obama will win the Iowa democrat caucuses tonight.&#160; The fascinating factors are the overwhelming number of first time voters brought into the process by Obama.&#160; 45% of the voters in my precinct were first time voters &#8211; having never registered to vote before &#8211; the Obama Factor. The Iowa Caucuses are begining to wrap up [...]]]></description>
			<content:encoded><![CDATA[<p>Obama will win the Iowa democrat caucuses tonight.&nbsp; The fascinating factors are the overwhelming number of first time voters brought into the process by Obama.&nbsp; 45% of the voters in my precinct were first time voters &#8211; having never registered to vote before &#8211; the Obama Factor.</p>
<p>The Iowa Caucuses are begining to wrap up and the Obama factor is driving Obama to a win.</p>
<p>Statewide Obama is getting 37% &#8230; but in precincts where the Obama factor kicked in drawing stunning numbers of new voters into the process, Obama won 50% of the votes.&nbsp; A powerful factor that can not be ignored as the canidates move to New Hampshire and beyond.</p>
<p>Disclosure:&nbsp; I did not vote for Obama.</p>
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		<title>Sample Code of Ethics for Online Businesses</title>
		<link>http://www.gregwatson.com/sample-code-of-ethics-for-online-businesses/</link>
		<comments>http://www.gregwatson.com/sample-code-of-ethics-for-online-businesses/#comments</comments>
		<pubDate>Wed, 12 Jan 2005 03:40:54 +0000</pubDate>
		<dc:creator>Greg Watson</dc:creator>
				<category><![CDATA[Ethics]]></category>
		<category><![CDATA[1]]></category>

		<guid isPermaLink="false">http://www.gregwatson.com/sample-code-of-ethics-for-online-businesses/</guid>
		<description><![CDATA[I will always put customers first. In this way I know that my business will last. &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&#160; I will strive to continually educate myself to become an expert about the products and services that I offer so that I may provide increased value to customers and visitors to my online business.&#160; &#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&#160; I will strive [...]]]></description>
			<content:encoded><![CDATA[<p>I will always put customers first. In this way I know that my business will last.<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will strive to continually educate myself to become an expert about the products and services that I offer so that I may provide increased value to customers and visitors to my online business.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will strive to find newer and better ways of presenting my products and services to make it easier for customers to do business with me. In this way I shall gain customers trust, confidence and continued patronage.</p>
<p><span id="more-12"></span><br />
&nbsp;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will strive to always offer competitive prices on all the products and services that I represent.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will treat each customer with dignity and respect and I will handle all business transactions as if I was the customer myself.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will provide secure online transaction processing when requesting a customer&#8217;s personal information or credit card numbers to make it easy and safe for customers to patronize my online business. I will also accept payment by traditional methods for customers who wish to do so.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will offer a Money Back Guarantee on all possible products and services I represent. I will clearly state the terms and conditions of such guarantee. In the case where no guarantee can/will be provided I will clearly communicate this fact to potential customers who wish to purchase that product or service.<br />
&nbsp;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will answer all customer questions and concerns promptly and professionally.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will deal with each issue as it arises without bias to the scope of the issue nor the length of time or amount of customer business.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will offer a link to my Privacy Statement on the front page of my online business that clearly states what if any customer information I may collect or retain and what if anything I plan to do with any or all parts of that information.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will always provide a clear means for my customers to request that any information they provide not be shared with others and I will always honor the customer&#8217;s request. I will offer customers the opportunity to register for special offers that I may present from time to time. Only customers who Opt-In by providing their e-mail address will receive these special offers and each offer sent will contain a provision that will allow them to unsubscribe from this list.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will target my audience when advertising and will never knowingly engage in SPAM practices&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will not discriminate due to race, creed, or national origin nor refuse to do business with nor will I provide preferential business treatment based on any of the above conditions during the course of conducting my online business.&nbsp;<br />
&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8212;&#8211;&nbsp;<br />
I will always conduct my online business with the highest level of honesty, and integrity and I will subscribe to ethical standards of conduct.</p>
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