Numerous businesses generate bank reconciliation statements regularly to ensure that they have accurately recorded all their banking transactions and that their ending balance corresponds to what the bank claims…continue reading
32+ Sample Ethical Statement
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What Is an Ethical Statement?
An ethical statement is a declaration of one’s values, morals, or principles. It can either be an official or personal statement of what you believe to be right and proper.
According to an article by the Markkula Center for Applied Ethics, ethics is the field that studies the promotion and advancement of human welfare or what is considered good for humanity. Business ethics applies the same logic of how a company or organization can aim to promote good within their organization and in their business practices.
Examples of Ethical Principles
There are hundreds of virtues that have been the subject of countless books and discussions. Just as there are hundreds of vices, there are also a lot of highly-prized virtues and values that many people strive to attain. Some examples include the following:
Types of Ethical Statements
As stated above, there can be official or personal ethical statements. Both encapsulate the values and principles of either an individual or an organization. There are different types of ethical statements and the following listed below are common examples:
How to Create an Ethical Statement
Creating an ethical statement demands internal dialogue. It requires a certain amount of self-reflection. Even for businesses, business owners and managers need to use not just reason to uncover their values, but a solid sense of right and wrong. The following steps will help you create a statement that truly reflects your principles:
Step 1: Take Time to Reflect
Perhaps the most important step is to ask yourself what principles and values you are willing to live by. Don’t just write an ethical statement for the sake of having one. It must be born out of the genuine desire to do good by others. It is easy to be self-serving and look out only for your interests and your family’s. But the very essence of ethical statements is to challenge people to go beyond themselves, see the bigger picture, and promote the common good.
Step 2: Be Specific
Your ethical statement should be grounded in reality and it must be within the context of your own situation. Since ethical principles and values are abstract in nature, you can complement these with concrete situations and scenarios. For example, if your ethical statement on customer service speaks of openness and constant improvement, you can briefly explain that your business is dedicated to taking in all feedback from clients and customers- even the negative ones.
Step 3: Be Bold
Ethical statements should not shy away from the truth. Being bold in your statements will show your drive and conviction. If you feel strongly about a principle, there is no reason for you to hide it. Just make sure to use the proper language and tone. You still want to keep it professional-sounding, especially if your ethical statement is for business-related reasons.
Step 4: Keep it Brief
You want to avoid overly long statements. Keep your ethical declaration brief and straightforward. Practice clarity and precision in phrasing your ethical statement. You want to identify and enumerate no more than a couple of values, then you can proceed to explain each value with the right supporting ideas and examples.
What should an ethical statement include?
An ethical statement should include your convictions and moral code. It must describe your highest values and how you intend to apply these to your situation and context. But before you can write any ethical statement, you must first have a firm grip on what your values and principles are.
What are some examples of ethics?
Some of the more common examples of ethics are selflessness, responsibility, integrity, loyalty, compassion, empathy, honesty, trustworthiness, and fairness.
What is an ethics statement in research?
It outlines the ethical practices in conducting research. Every stage in research from data analysis collection to experimentation needs to meet humane standards and a certain ethical criteria. This is especially applicable in scenarios where the scientific method or process is used.
Knowing what is right from wrong may seem basic on the surface, but nothing can be harder. It is easy for people to say “Do the right thing.”. But in reality, doing the right thing can be quite challenging. Ethical statements can serve as a person’s North Star, especially when the sky is dark. It can be that light guiding you to make the right decisions. Create your own ethical statement by downloading and customizing a sample template above!