Ethics and moral character Essay Example | Topics and Well Written Essays - 500 words

Ethics and moral character - Essay Example As a business man his primary motive was never to amass maximum profit. On the other hand, he held that â€Å"it is the function of business to produce for consumption and not for money and speculation† (Johannes 7). Thus, he was never moved by the money motive and he brought about revolutionary changes in the twentieth century American industrial culture through such radical measures as the introduction of high wages, lower prices and increased buying power. One of the distinguishing characteristics of Ford’s business ethics was his strong belief that business should not be solely aimed at making profit. On the other hand, he held that one should maintain business ethics in all his/her enterprises keeping in mind the demands and needs of individuals and society. Once Henry Ford himself stated that â€Å"for a long time people believed that the only purpose of industry is to make a profit. They are wrong. Its purpose is to serve the general welfare† (Ciulla 31). Similarly, good business leaders should not be egocentric; they should not be moved by ego but by reason. Henry Ford was a genuine and brilliant leader who was never overtly flattered by success but who always welcomed legitimate contributions from others.