Ethical ways of behaving in Slovakian SMEs - Co-Author in a Conference paper
I am pleased to have contributed as Co-Author to the research “Ethical ways of behaving in Small and Medium enterprises from Slovakian entrepreneurs’ point of view”.
(𝙈𝙮 𝙗𝙞𝙜 𝙩𝙝𝙖𝙣𝙠𝙨 𝙩𝙤 : 𝙏𝙞𝙗𝙤𝙧 𝙕𝙨𝙞𝙜𝙢𝙤𝙣𝙙 (𝘼𝙨𝙨𝙞𝙨𝙩𝙖𝙣𝙩 𝙋𝙧𝙤𝙛𝙚𝙨𝙨𝙤𝙧 𝙖𝙩 𝙅.𝙎𝙚𝙡𝙮𝙚 𝙐𝙣𝙞𝙫𝙚𝙧𝙨𝙞𝙩𝙮), 𝙍𝙚𝙣á𝙩𝙖 𝙈𝙖𝙘𝙝𝙤𝙫á (𝙑𝙞𝙘𝙚 𝘿𝙚𝙖𝙣 𝙖𝙩 𝙅.𝙎𝙚𝙡𝙮𝙚 𝙐𝙣𝙞𝙫𝙚𝙧𝙨𝙞𝙩𝙮) 𝘼𝙣𝙣𝙖𝙢á𝙧𝙞𝙖 𝙕𝙨𝙞𝙜𝙢𝙤𝙣𝙙𝙤𝙫á
The considered characteristics of ethics have been highlighted as (highest to lowest): Helping the company | Relaxed atmosphere |Encouragement | Responsibility | Respect | Teamwork | Communication | Problem prevention | Trust.
I think that the value of the research sits in some critical points:
💎 A culture of ethics boosts Stakeholders’ loyalty (employees, customers, and suppliers), according to 91% of interviewees.
❗️ There are internal influences on ethics: from the company, from the employees and mutual influence.
❗️The majority of entrepreneurs (84%) think it is essential for companies to act ethically
❗️There are no ethical standards in 78% of the SMEs
❗️It is not important how much education one has because it doesn’t affect ethics, according to 69% of entrepreneurs
❗️57% believe that people with higher EQ are more ethical at work.
We have already included ethics in our CAST assessment model (𝐂𝐚pability and 𝗦ustainability for 𝗧ransformation) for the benefit of future clients.
If you would like to find out more, please get in touch.
A͓̽ ͓̽c͓̽o͓̽u͓̽p͓̽l͓̽e͓̽ ͓̽o͓̽f͓̽ ͓̽q͓̽u͓̽e͓̽s͓̽t͓̽i͓̽o͓̽n͓̽s͓̽ ͓̽f͓̽o͓̽r͓̽ ͓̽y͓̽o͓̽u͓̽
👉Do you consider ethics as an important part of your work culture and the impact it can have on your business?
👉Did any of the other critical points surprise you?