Thread by @c_shepherds

Good day & welcome to today's edition of #navigatewithidy on 91.3FM @LagosTalks913 with Mr. @IdyEnang & our special guest as they continue the Tuesday conversation on #businessethics.

Be sure to join the conversation & invite a friend.

#navigatewithidy #businessethics

You must be current in what is going on in your profession and you must be an annual contributor. Attend conferences, webinars and association meetings.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

When starting a new business, you can learn by making affordable mistakes but the mistake must not be too big to throw you out of it.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Nothing gives you a voice that the whole world can hear than the audiovisual business.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Never take NO for an answer if you are to have a successful business.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Many of us are afraid of making mistakes. In the process of learning, you can get into other opportunities.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Mastery is not somethnig many people can attain but you can only attain it when the foundation is sure.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Giving money to get a job is not only unethical but the Bible frowns against it because it says, 'God does not like giving a bribe.'

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

If you know you are qualified to get a job & the people giving the job insists that you give them something, turn it down because it will start a cycle of increasing demand which will not end well.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Being ethical is costly but it also means you must operate in an excellent dimension because the people will be looking for other reasons and mistakes to fault you.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

You must operate in an excellent dimension if you want to be an ethical company and then your staff must buy into what you are doing or your ethical standards.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Ethics are moral guidelines which guide good behavior so behaving ethically is doing what is morally right, behaving ethically in business is widely regarded as good business practice.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Acting ethically is the right thing to do but it is not always easy.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Decision making that is ethical is typically based on core character values such as trustworthiness, respect, responsibility, fairness, caring and good citizenship.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Ethical behavior is not really written into any company policy or guiding document. It is written in your mind and if you are an entrepreneur remember that the mission of your company is a reflection of who you are.

#navigatewithidy #businessethics @IdyEnang @LagosTalks913

For you to remain through to what you have written it means you must bring your life belief system into that company and if your belief system is unethical, there is no way you can bring ethics into that company...

#navigatewithidy #businessethics @IdyEnang @LagosTalks913

...You will only be doing theory or paying lip service because it is not who you are. It is who you are that your company ultimately becomes.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

What you are doing is it legal? A lot of nigerian businesses are operating in illegal business. Is it something you are willing to stick your reputation on?

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

You need to be very careful if the business you are doing is legal or illegal. Dont get into any business on the frame of illegality e.g. debunkering or selling cars you can’t vouch for.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

In a few years time, when you look back how will you feel? The biggest disappointment will be to look back on your life and feel sad.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Are you fair to your customer? Many people are rubbing their customers outright. They do things to cheat the customers except the customers find out.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

There is always a pay day for negative decisions. Conforming to a high standard of conduct, sometimes people think it is a mirage.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

They see it as choosing the lesser of two evils and the reason is because most businesses have not defined their code of business conduct and that is what guides their conduct and actions.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Ethical challenges are usually exacerbated by commonly held myths such as "Everybody is doing it." This is a false safety in numbers.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

For life to be simple, what guides should also be simple.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

That thing you are doing, who is paying for it? What we are doing is stacking the odds against future generations.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Nigerians think they are very smart but someone is coming to pay the price and all these things we are doing in the name of being smart.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

The fact that international companies cannot establish a reasonable presence in Nigeria is a  big shame that only implies that future generations will not have jobs.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

America is defined by its small businesses & the government knows that hence, why there are legislations to protect small businesses is absolute.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

For instance there is a legislation that if you don’t pay small business a month after they have invoiced you, they will put you up for bankruptcy in thr US. So, who protects small businesses in Nigeria?

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

As a Nation and as a people we need to collectively agree that we missed it and look at how we can get small businesses to thrive and grow from small business to medium.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

We need to go back to the drawing board and tell ourselves the truth that we made mistakes because the people we are hurting is the next generation.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Making ethical choices in business requires the ability to make distinctions between very many conflicting options.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

People need to stop and think. We need to prevent rash decisions. We need to clarify objectives, determine some facts and develop options.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

One of the things that we need is to have the right kind of messaging and leaders who have gone through the wrung. Fixing this nation and our polity is a COLLECTIVE.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

To the older generation, retiring is not the end but the beginning. Harness the exposure you have to help the younger generation and right some of the mistakes that have been made.

#navigatewithidy #businessethics #ThursdayThoughts @IdyEnang @LagosTalks913

Sincere appreciation to purpose special guest & everyone who was a part of today's programme. To listen to old & new podcasts, please visit anchor.fm/idyenang. For questions, send an email to [e-mail].

#navigatewithidy #business @IdyEnang @LagosTalks913

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