Today’s post is by Randy Russon, founder of TOPCFOS
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How important is integrity in business? In my opinion, those who want to go far in business and enjoy lasting success must adhere to the principle of integrity. This means whether it’s a supplier, a customer, or an employee a person with integrity treats everyone the same. To be trusteed is one of the greatest compliments anyone can ever receive in this life. And those who act with integrity can always be trusted. After I graduated from college, I was up in Alaska interviewing for a job at a bank one time.
Before I went into the interview with the bank president, his secretary was talking to me about this bank president. She said that he was someone everyone in the bank admired. She said he was one who told the same story on Monday that he told on Wednesday all the time. In other words, he could be trusted to always tell the truth. Telling the truth is such a core part of integrity. Merriam-Webster defines a lie as, “To make an untrue statement with intent to deceive”. So, for someone who acts with integrity, it’s more important to them to tell the truth than to deceive someone. Is it always easy to tell the truth?
No, it’s not, and this is why it’s so challenging. Leaders of companies who act with integrity will enjoy lasting success, because followers in a company love to work for someone who know they can trust. C. S. Lewis said, “Integrity is doing the right thing, even when no one is watching”. Your private performance should always be in harmony with your public performance. I believe this is the real test of integrity – in other words you are true to yourself in all things and in all places. To me, integrity means that you go out and do exactly what it is that you told someone you were going to do. In other words, your walk and talk is the same – you never say one thing and then do another.
In closing, I want to share C. S. Lewis quote once again, “Integrity is doing the right thing, even when no one is watching”. I hope we can all follow his wisdom and insight.
We hope you’ve enjoyed our Blog today. Please remember, TOP CFOS offers the finest CFO services to companies anywhere in the world and would love to be a part of your team. Feel free to reach out to us anytime. Your feedback is most welcome, and we invite you to share this post with friends and associates. During the month of August, we are offering a free service to our readers. We will help you set up your COA (Chart of Accounts) according to GAAP, all at no charge. Our contact information can easily be found here on our website, so give us a call today! Our next post will come from the Risk category on our website and is entitled Common Business Risks. And, thank you for joining us!