Sunday, May 31, 2009

Ethics in business

Setting the highest standards of trustworthiness.

Regarding every business commitment to be as binding as an oath.

Believing in a quiet style of living, decent but frugal.

Avoiding quarrels.

Regarding war as always wrong.

Having a moral obligation to give fair value: high quality with moderate prices. (Low margin; high turnover)

These are some principles that I want to take forward into our own version of IBM's "Business Conduct Guidelines."