The bottom line is reliability engineers must balance honesty and transparency with the pressure to meet business and customer expectations. The second E in the FINESSE fishbone diagram stands for Ethics. Three types of ethics are virtue, consequential, and duty-based. The most important aspect is understanding your ethical framework as you make decisions and communicate to others as a trusted advisor. These three tips will help you improve.
Articles tagged Ethics
Business Ethics in the Workplace
Guest Post by Bill Pomfret (first posted on CERM ® RISK INSIGHTS – reposted here with permission)
Ethics is about making choices that may not always feel good or seem like they benefit you but are the right choices to make. They are the choices that are examples of model citizens and examples of the golden rules. We’ve all heard the golden rules: Don’t hurt, don’t steal, don’t lie, or one of the most famous: Do unto others as you would have done to you. These are not just catchy phrases; these are words of wisdom that any productive member of society should strive to live by.
[Read more…]The Fortune 500 and a Deceptive Communication Practice
Using shapes as a deceptive communication practice is an old trick used for manipulation by one side of an argument. The good news is that Fortune gets it right in its annual publication of Fortune 500 companies. Fortune correctly uses two-dimensional shapes (circles) to depict one-dimensional values such as annual revenues. We’ll discuss this data visualization trick in this brief article.
The Trick
Suppose your total revenues were $100 per month, and your leading competitor had total revenues of $10 per month. Clearly, you are ten times stronger from a total revenue perspective from your competitor. A one-dimensional graph, such as a bar chart, makes an honest visual representation of the difference.
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