The Common Good
March-April 2003

Values that Succeed

by David Batstone | March-April 2003

Eight principles for life in an honest, value-centered, competitive organization.

Business leaders rarely talk about the values that shape the character of a corporation and make an impact on its financial performance. But they do exist. I consider the following eight principles the most crucial for corporate performance:

Principle 1: The directors and executives of a company will align their personal interests with the fate of stakeholders and act in a responsible way to ensure the viability of the enterprise.

Principle 2: A firm's business operations will be transparent to shareholders, employees, and the public, and its executives will stand by the integrity of their decisions.

Principle 3: A company will think of itself as part of a community as well as a market.

Principle 4: A company will represent its products honestly to customers and deliver service with dignity.

Principle 5: Workers will be treated as valuable team members, not just hired hands.

Principle 6: The environment will be treated as a silent stakeholder, a party to which the company is wholly accountable.

Principle 7: A company will practice balance and equality in its relationships with workers, customers, and suppliers.

Principle 8: A company will pursue international trade and production based on respect for the rights of workers and citizens of trade partner nations.

—David Batstone

Click here to buy Saving the Corporate Soul for 30% off the cover price

Sojourners relies on the support of readers like you to sustain our message and ministry.

Related Stories

Like what you're reading? Get Sojourners E-Mail updates!

Sojourners Comment Community Covenant

I will express myself with civility, courtesy, and respect for every member of the Sojourners online community, especially toward those with whom I disagree, even if I feel disrespected by them. (Romans 12:17-21)

I will express my disagreements with other community members' ideas without insulting, mocking, or slandering them personally. (Matthew 5:22)

I will not exaggerate others' beliefs nor make unfounded prejudicial assumptions based on labels, categories, or stereotypes. I will always extend the benefit of the doubt. (Ephesians 4:29)

I will hold others accountable by clicking "report" on comments that violate these principles, based not on what ideas are expressed but on how they're expressed. (2 Thessalonians 3:13-15)

I understand that comments reported as abusive are reviewed by Sojourners staff and are subject to removal. Repeat offenders will be blocked from making further comments. (Proverbs 18:7)