The key to acting with integrity is to understand what your personal values are and then to be true to those values. As we saw in our article on ethical leadership, people can have different value systems and beliefs. It’s important to note that these moral principles are undefined and vary from person to person. Oxford Dictionaries defines integrity as: “The quality of being honest and having strong moral principles.” Let’s start with a definition of integrity, especially as applied to the business world.
#Integrity plus how to#
You’ll also learn seven reasons why integrity is important in business, and you’ll get some tips on how to act with integrity in difficult business situations. So, in this tutorial we’ll try to bring some clarity to the subject by examining the meaning of integrity in detail with examples of integrity (and lack of integrity) in action. Whether you run a business or work for someone else, you’ll often run into situations in which it’s very difficult to act with integrity or you’re not even sure what the right course is.
In this example, the right thing to do is quite clear-cut, but that’s not always the case. People trusted you with their personal data, after all, so you've got a responsibility to tell them if there’s even a small chance that it was compromised. So wouldn’t it be OK just to keep quiet about it, at least for now?Īs tempting as it would be to put a lid on the bad news, acting with integrity means being honest about what happened and dealing with the fallout. Besides, you’re pretty sure that no sensitive data actually got into the hackers’ hands. Publicising the incident will ruin your launch and scare off your customers and investors.
Just before a major product launch, your head of IT tells you there’s been a minor breach of systems containing customer data. If you act with integrity, people will trust you. If you want to understand the meaning of integrity in business, consider the following scenario.
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