Why integrity matters in business?

Integrity You need to often encounter words. But how do you define it? Even if someone is not around, honesty is meaning to do the right thing. For others, this is correct and means doing the right thing. In the field of ethics, it is seen as the integrity of human behavior. All of these different definitions tell you the same - honesty means honesty and integrity

With the rise of technology, the need for transparency between companies and consumers is rising. Tracking fraud online is easy. If one does not trust the company, they do not disturb trading with them.

Therefore, integrity is a very desirable quality not only for individual employees but also for companies.

Trust is the foundation of any business relationship, whether it is an employer - an employee or a company - a consumer. Employers and employees are open to each other when encouraging companies to establish a trustworthy environment. They can openly communicate their thoughts, opinions and opinions. This environment helps to improve employee productivity and consolidation. Employees think that their contribution is special. They are proud of their work and they can approach business.

Research conducted by the leadership and management school shows that the confidence of most British organizations is quite high. Integrity is one of the drivers of trust, and 48% of respondents think that this is the most important factor. It also found that honesty is a prerequisite for senior leaders.

Benjamin Franklin once said, "There are many good things needed to build a good reputation, only one bad person will lose it." Therefore, the company is very concerned about their reputation.

Companies that work sincerely will create goodwill for themselves in the market. This will help build relationships of trust with customers and employees. The company also saw productivity and a sharp increase in sales

If there is a lack of completeness, people's perception of the company will be more negative. The company can not keep customers and employees may quit. This will in turn reduce the company's performance significantly

However, the consistency of integration is not necessarily so simple. According to the Harvard Business Review article, companies are faced with choice based on integrity everyday. There is neither a clear answer nor a company policy worthy of trust in the question posed by it - Do customers understand the pros and cons of their service? Are you announcing details to potential buyers for due diligence purposes? Does your subordinate give an honest opinion to your boss?

In addition, since this article has no clear answer or policy, it adds that it is likely to make choices and rationalize in many cases. In the process, we convince ourselves that the choice is complete.

So what is the company's integrity like to you? Have you made it a priority for your organization?

Or does not belong to the above type of matter. We maintain a Business Integrity Hotline (see "Compliance" below) to report on business integrity issues and concerns. A company that is open to the public. Generally, you do not have permission to buy or sell a company's securities if you know about the company's "private" or "important" information. It is illegal to recommend trading to another person or to give important information to someone who may later trade the company's securities. In case of violation, civil criminal penalties including fine or imprisonment may be imposed.

At the heart of the Coca-Cola Corporate Ethics and Compliance Program is our business code of conduct. This norm leads our business behavior and seeks honesty and integrity in all matters. All of our employees and directors must read and understand this Code and comply with its guidelines in the workplace and in larger communities. Our employees, bottling partners, suppliers, customers, and consumers question our guidelines and other ethics and compliance issues and report possible violations through EthicsLine, the global network, telephone information and reporting services To do. . Telephone is free, EthicsLine is available 24 hours a day, 7 days a week, and offers translation services.