How honesty pays

Distribution Network
Content
Charles E. Watson. Praeger. 200 pages. Hardback. £22.95

Business ethicists have worked tirelessly to try to answer the question ‘do ethics pay?’ and there is accumulating empirical evidence that it does. But Charles Watson, professor of management at Miami University, takes an entirely different approach. Not a single number appears in this text; rather he relies on a spectacular quantity of anecdotes, interviews and stories to show that ‘doing the right thing’ pays. There are also plenty of negative tales showing that while dishonesty may have short term advantages it will be revealed in due course and lead to discomfort.

There is copious practical advice too. Many of the 15 chapters include a checklist of how to test yourself against the high standards that Watson sets out, and there are self-improving soundbites such as ‘listen to your inner voice’; ‘become a first rate person’; ‘face difficulties head on’ and so on. In fact this book could equally well appear on the bookshelves under ‘self help’ as ‘management’.

There is a missing element, however: the international dimension. None of the illustrations of additional reading, for instance, are sourced outside the US, although there are passing references to Mother Theresa, Einstein and even Pavarotti.

Simply calling on business people to behave with integrity may resonate in America given its recent experiences of Enron et al, but it is doubtful if a US-centric storytelling approach will have the same impact in other parts of the world, especially those where corruption is still endemic.

Simon Webley