The Morality Test for Business Leaders
A Simple Morality Test
American business leaders need a basic morality test, and I happen to have one handy (it also works for hourly employees, priests, husbands, moms and high school kids). At the end of the day, ask yourself these two simple questions:
- Today, did I lie, steal or kill anybody?
- Today, did I get drunk or fool around with anyone I wasn't supposed to?
The answer to both questions should be a resounding, NO!
If, in answering the first question, you have to say to yourself, "Well, you couldn't exactly call it lying since our prospectus does say buying these stocks might be risky," or "It's not exactly steeeeeeling to take a $10,000,000.00 bonus while I'm laying off thousands and taking a huge government bailout," or, "Hey, it's not MY fault some guy killed himself when we raised the mortgage payment on his overpriced McMansion," then you have a problem. It's probably a BIG problem. It could be a $700-billion dollar problem!
If, as you ask yourself the second question, and you have to admit, "Well, I WAS drunk, but I was with a bunch of U. S. senators and congressmen so that's just part of my job," or "No, she wasn't my wife, but for $5,000.00 a night, she doesn't HAVE to be!" then you also have a problem: a tough one, a sneaky one, one you might be able to hide from for awhile, but a problem with great big teeth. Frankly, people managing huge companies with tens of thousands of jobs on the line don't need to be coming to work hung over or taking time off work to fight with their divorce lawyer about who gets the yacht and who gets the house in the Hamptons. America doesn't need business leaders that can't stop after a couple of drinks, or be trusted to pick-up a friend's wife at the airport!
In business, as in life, morality matters. It can be hard, but it doesn't have to be complicated. Don't lie, steal or kill (unless you really, really have to). Don't get drunk or screw around (unless you are willing to pay a potentially harsh penalty that affects you and everyone around you).