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A Step Toward Ethics

Signing of Global Principles of Business Ethics in Aerospace and Defense Industry

The above article discusses the signing of the Global Principles of Business Ethics for the Aerospace and Defense Industry. The signing of this document is monumental for the industry. It allows for all to be on an ethical and level playing field that involves zero tolerance for corruption and management conflicts or interest.

I believe that this is a great ethical decision for all industries to make. Not only does it create an equal playing field for all, it creates level standards for all areas of conduct. These standards will create fairness of power within the industry. With everyone knowing the standards and being held to them, it will create less of a window for unethical behavior such as corruption. A common set of standards will decrease the attention to the short term that we are currently seeing. Standards such as the above will help to improve the greater good and begin taking a step toward creating a long term approach.

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