INTEGRITY: Would yours stand up to Scrutiny?
I’ve been reading in the paper recently, lots and lots of stuff that makes me shake my head and wonder what the heck are people actually thinking of. And what I’m talking about here is the lack of integrity and leadership and business ownership.
I just want to outline a few things that I’m reading here that absolutely stagger me. This one is from James Coney and he talks about, ‘Time to break the Fund Managers Code of Silence.’
And he writes in here, I’m quoting directly from him, “I hear from unhappy Hargreaves’ customers all the time. What rankles most, is that no one has taken the blame. A business where no one takes responsibility for such a devastating series of errors, clearly has weak leadership.”
And you know what? I have to go along with it. I absolutely agree with him that people are obfusticating, If they can get away from their responsibility and without taking ownership. It actually goes against their integrity and their beliefs and their values.
Now, for me for values are things like the rules that we live our lives by. And the value test that I put on values is something like, if you apply this value and no one found out you broke it, or it costs you money or embarrassment, would you still do it? Many people would not and that goes to their own integrity or lack thereof.
Now, very few people will put their hand up and lose money, or be embarrassed, because it’s all about saving face. And you’ve got to get away from that, because I’ve found often that when people don’t put their hand, up the lie or whatever they’re trying to cover up or hide, just gets worse and worse. And it comes back to bite them big time.