The
next trait in an entrepreneur is ethical consciousness. Being in
entrepreneurship there are many ethics to be followed by an entrepreneur .This
is important so that they don’t misuse their business skills or discriminate
their clients or customers. There are clearly wide variations
in ethical standards between cultures and countries and probably even greater
differences among entrepreneurs in a given country. One way of analysing these
variations is to define different levels or stages of ethical consciousness in
a business. Business ethics has a lot to do with profits and
survival. As borders break down, as competition increases, as the ability to
compete and survive depend increasingly upon quality, faster and more reliable
delivery, and customer service, values such as honesty and integrity take on a
new significance.
One
good example entrepreneur for this trait is John Mackey. While devoting his
career to helping shoppers satisfy their lifestyle needs with high quality
natural and organic foods, Mackey has also focused on building a more conscious
way of doing business. For 15 consecutive years, FORTUNE magazine has included
Whole Foods Market on its “100 Best Companies to Work For” list. He has been
recognized for his work over the years by being named Ernst & Young’s
“United States Entrepreneur of the Year,” and FORTUNE’s “Businessperson of the
Year.” Mackey co-founded the Conscious Capitalism Movement to challenge
business leaders to rethink why their organizations exist, and to acknowledge
their roles in the interdependent global marketplace.
- Born: August 15, 1953 (age 61), Texas, United States
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