Monday, August 7, 2017

August 7, 2017

ETHICS ARE PERSONAL

 

    In 2002, S. Truett Cathy, the founder and chairman of Chick-fil-A, Inc., was invited to Washington, DC to appear before the House Commerce, Trade, and Consumer Protection Subcommittee.  At that time Cathy was 81 years old.  He told the lawmakers that he was deeply disturbed by the “lack of character” displayed by recent corporate scandals.  “There is really no such thing as business ethics.  There is just personal ethics,” he said.  “I believe no amount of business school training or work experience can teach what is ultimately a matter of personal character.  Businesses are not dishonest or greedy; people are.  Thus, a business, successful or not, is merely a reflection of the character of its leadership.”

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