What kind of ethical situations should I consider within my consulting practice?
No single code of ethics is the best for everyone, but there are lots of good places to start when answering this question. Authors Bob Nelson and Peter Economy share the following points in their article Developing a Personal Code of Ethics for Consulting:
- Account for your time accurately and honestly.
- Don't make promises you can't keep.
- Follow through on your promises.
- Don't recommend products or services your clients don't need.
- Be candid and give your honest opinion.
- Protect your clients' confidentiality and don't misuse insider information.
- Disclose conflicts of interest.
- Don't break the law.
Another resource is the Institure of Management Consultants (IMCUSA) Code of Ethics. The purpose of this Code is to help IMCUSA members and CMC's (Certified Management Consultants) maintain their professionalism and adhere to high ethical standards as they provide services to clients and in their dealings with their colleagues and the public.TIP:
The March 5th IMCUSA Academy webinar on ethics
will use examples and cases from real-life situations to explain what consultants need to do when ethical challenges arise. It also contributes to the requirements for CMC certification and re-certification credits if you need it. Click here