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Ethical Values, Efficiency, and Effectiveness

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Business Efficiency and Ethics
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Abstract

To the ancient Greek philosophers areté (virtue) meant excellence, bound with the fulfillment of purpose or function. The way of reaching one’s full potential is efficiency, and efficiency depends on the job one does and its deliverables. You cannot be efficient unless you take the trouble to learn the job and then be willing and able to deliver an honest day’s work prior to asking for compensation of your efforts.

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Notes

  1. Apollinaria Souslova, Mes Années d’Intimité avec Dostoievski (Paris: Gallimard, 1995).

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  2. Jacques Attali, Sir Siegmund G. Warburg. Un Homme d’Influence (Paris: Fayard, 1985).

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  3. W. K. C. Guthrie, The Greek Philosophers: From Thales to Aristotle (London: Methuen, 1950).

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© 2015 Dimitris N. Chorafas

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Chorafas, D.N. (2015). Ethical Values, Efficiency, and Effectiveness. In: Business Efficiency and Ethics. Palgrave Macmillan, New York. https://doi.org/10.1057/9781137484253_1

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