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Tuesday, 13 December 2016

Why Honesty Pays

“An honest man is the noblest work of God.” –Robert Burns

“Honesty” they say “is the best policy.” In business, dishonesty might give you some mileage but it is sure to end up in disaster. Once you are caught cheating, you may end up losing even all that you honestly earned. This is a heavy price to pay for a short period of dishonesty. Cheating is the commonest form of dishonesty in the business world. This should be avoided at all costs by those who hope to go far in business. Honesty may not get you instant hefty profits but it is guaranteed to insure you for small and steady profits over a prolonged period of time. This is more desirable than the dishonest way out for instant and huge gratification. In year 2001, the sudden crash of Enron Corporation, a frontline Service Company in the US is a typical example of what happens when a business is run by dishonest people. When the Regulatory Authorities moved in, most of those who called the shots in the Company at the time of the shady-deals were given heavy fines and jail terms which will stigmatize them for life. When the law moved in, they must have been asking themselves, “Was it all worth it?”

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