Student’s Name
Institution Affiliation
Integration of Faith and Learning
The Ethics Issue on Stakeholder Relationships
Stakeholder relationships are the building blocks of any successful organization. Some of the key stakeholders found in companies are customers, employees, and distributors. According to Freeman (1984), the above are the most significant in enabling success in companies. Consequently, the relationship between companies and these stakeholders ensures that there is maximum production of goods and services, efficient labor use and timely delivery of goods to consumers. In turn, this leads to realization of maximum profits for the business (Gill, 2012).
Further, the relationship between businesses and stakeholders has been a subject of research in order to determine better strategic management practices. Notably, trust and good quality services have been found to be the key aspects of maintenance of the stakeholder relationship. Expressively, both the client and the management relationship are dependent on trust. On the same vein, employees should be treated fairly and equitably.
Bible Verses Relating to Stakeholder Relationship
In summary, trust, integrity, and good quality services are the key principles that will enable any stakeholder relationship to hold water. In light of this, we can be guided by some of the verses from the Bible on how to nurture these values within us. For instance, Proverbs 6:16-19 says “ There are seven things that the Lord hates and cannot tolerate: a proud look, a lying tongue, hands that kill innocent people, a mind that thinks up wicked plans, feet that hurry off to do evil, a witness who tells one lie after another and someone who stirs up trouble among friends.” To explain, God hates people who use deceitful means to unfairly advance themselves.
Furthermore, in Hebrews 13:5 the bible clearly states, “Let your conversation be without covetousness; and be content with such things as ye have: for he hath said, I will never leave thee, nor forsake thee.” In essence, this verse highlights the need for Christians to have faith in God and not on earthly possessions. In brief, this verse Christians should keep their lives free from the love of money and be satisfied with what we have. Furthermore, the bible assures Christians that even in the midst of calamities God will not abandon them. To enumerate, this means that too much love for money is the root of all evil. Evidently, this gluttonous desire for money leads to crime, corruption, divorce, and breakage of business relationships.
On the same note, the bible says that all human beings were created in the image and likeness of God. In effect, individuals’ behavior should express God’s character and principles. In general, these are integrity, honesty, love, and care. Similarly, Hebrews 13:18 expresses that we have a clear conscience for doing what is good and just. That is to say, Christians need to identify what is truly important in life and prioritize it. To put it differently, the book of Mark 8:36 clearly states that “What does it profit a man to gain the whole world and lose his soul.” In summary, these two verses espouse on the need to develop a person’s character over the search for material possessions.
Importance of the Bible Verses in Christian Worldview Perspective
All businesses are built with the sole purpose of making a profit. In effect, all business stakeholders should come together and play their part in ensuring that the business thrives. Nonetheless, Christians have an obligation of conducting their businesses in a biblically acceptable manner and not just making profits. However, without good morals as stipulated in the Bible, all these efforts will be futile. In general, this is to means that resources, both human capital and financial will go to waste if all the stakeholders do not employ integrity, honesty, and good services in their dealings.
Furthermore, stakeholders need to give back to the community. In as much as businesses receive from the community, it is also their responsibility to give back (Hollenbach, 2002). Essentially, this is in accordance with what the Bible says which requires them to take care of the orphans, the paupers, and widows (Exodus 22:22). In addition, stakeholders’ involvement in social works creates a good relationship with the communities that their employees come from. In essence, the workforce will be motivated (Herman, 2001).
On a positive note, community social responsibility attracts favor from government bodies, financial institutions, and non-governmental organizations may feel proud and indebted to businesses offering such activities. In turn, they may opt to support these businesses either financially or been their clientele. In practice, good integrity among the stakeholders creates an atmosphere that allows for peace and longevity (Maritain, 1973). To clarify, through just treatment of the employees, a company may be able to retain its specialized labor force. Peaceful and steady relationships may make business suppliers and customers to retain their contracts due to the positive relationship with the enterprise.
Finally, good integrity and morals among all stakeholders are essential skills needed to progress in business and career. Noteworthy, it is common for businesses, governments, and employees to conduct a background analysis of individuals before forming contracts with them. Notably, this demonstrates the need for these characters for businesses and employees. In light of this, individuals that possess proper morals and integrity succeed in their endeavors in the long term.
In summary, integrity and proper morals are vital commodities for any business that wants to excel. Integrity creates trust and accountability among stakeholders. Interestingly, this character outrightly reveals itself in the long run and people cannot fake it. In turn, business and individuals do not associate with people who lack this character. Effectively, any person or business that lacks integrity is doomed to fail in its work.
Freeman, E. (1984). Strategic management: A stakeholder approach. New York, NY: Harper Collins.
Gill, R. (2012). The Cambridge companion to Christian ethics. New York, NY: Cambridge University Press.
Herman, S. (2001). Spiritual goods: Faith traditions and the practice of business. Charlottesville: Philosophy Documentation Center.
Hollenbach, D. (2002). The common good and Christian ethics. Cambridge: Cambridge University Press.
Maritain, J. (1973). Person and the common good. South Bend: University of Notre Dame Press.