Tuesday, December 6, 2011

Ethics in Business and Cooperation (Partnership)


            An entrepreneur with all of their advantages and drawbacks require cooperation with other, which in turn is reached Win-win Solution. Good cooperation will be created, if the cooperation was based on the values ​​of cooperation to be mutually agreed. One issue that must be considered in this business partnership is "Business Ethics in the Work".

John L. Mariotti (1993) reveals there are 6 basic of business ethics that must be considered, namely:

a) Character, integrity, and honesty.
Every person has a character essentially different from each other, so that the characters show personality or personality of a person who shows the qualities of a particular person or group of communities.
A person who has good character, usually have high integrity. Thus, the meaning of integrity is the nature or the circumstances indicate coherent whole, so as to radiate authority. Therefore, people with great integrity usually become more honesty than ones with less integrity. Thus, sincerity and honesty shows the basic attitude of every human being.
It's supposed to be an entrepreneur to choose partners who are not just honest but also potential. And also has character and integrity. Character, integrity, and honesty are the three interrelated things or is one unit that forms a "personal tough". Wachyu Suparyanto (2004) in his book entitled "Instructions To Start Entrepreneurship" say "is the perfect partners who have the ability in many ways beyond our ability and be honest because if the ability is very high, but with no honestly he's going to lie to us or in other words the fence eating the plants. On the other hand if the partners are honest but with low ability, he will make us tired.

b) Trust.
Trust is the belief or assumption that something that believed is true or real. Trust is the capital in the business that does not appear out of nowhere or impromptu. Trust was built or born by experience. Therefore, the trust of the process that may be raised in a short time even could also in a long time.
An entrepreneur who will work with the parties or others will choose a partner who he believes, who has been through the due diligence process as partners. This testing process can be done either through observation or reading track record prospective partners, either directly or through the other that trusted. It is appropriate that partners with whom cooperated is the person or party that can really be trusted, because once fail in chose the partners it will be difficult to rebuild the trust.

c) Open communication.
Due to cooperation based on the interests of both parties, then in business cooperation there should be open communication between the two. Communication between both parties is important, because business requires a lot of information to support business interests. Exchange of information and discussion on both sides of the joint venture that runs can not happen if one party shut down or less open. Therefore, open communication is one of the partnership bases to be built.
To understand this communication problem, we must know the Ways of developing Ability to Communicate.

d) Fair.
It has been disclosed in the previous description that the aims and objectives of the cooperation is "Win-win Solution", which means that in cooperation there must be justice between the parties. This means that if the business carried on at a disadvantage, it is not the only one of the parties who should bear the loss, but must be shared. Vice versa, if a profit, they both make a profit. The amount of losses and gains of each determined by mutual agreement at the beginning of the cooperation contract was signed, which is usually based on the contribution of each party in such cooperation. Thus, just shows the attitude is not one-sided or benefit / harm others. Fair is easy to pronounce, but the weight to be carried out by humans because only God is infinite justice.

e) Personal desire on the part of the partnership.
Entrepreneurs who conduct business cooperation with other parties have a specific motivation, which is formed by certain desires to be achieved from such cooperation. It can be said that almost no cooperation is build without specific wishes of the parties who are partnered.
The desires of both parties may be economy, such as the desire for more advanced and evolved, the desire to expand the market and so on, as well as non-economic desires, such as enhancing the capabilities and experience as well as the wider business association. Desires will drive or be motivator shopped run cooperation in harmony.

f) The balance between incentives and risk.
As in the aspect of 'fair' described earlier, this aspect of the balance between incentives and risk can also mean fair. That is, in business, there would be a risk that must be borne by each party and any incentives received by each as a result or impact of the risk borne.
          The balance between incentives and risk is always there as long as business cooperation exists and both parties agree to keep it. If one party is not able to run the risk, then the auto incentives in the form of profits would not be achieved, and of course this will disrupt the continuity of cooperation effort.

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