Sam Foti an Ethical Businessman
November 24th, 2009 November 24th, 2009 Posted in BusinessNo Comments
Sam Foti is a businessman who is a staunch follower of ethics in business. This is one of the reasons why his companies are heading towards rapid growth and success. A discussion of business executives on ethical issues was held in the American College. Availing this opportunity, Samuel Foti expressed that he does not appreciate the fact that many decisions in businesses are taken without taking into account the ethical factors. He expressed that he desires to devise a way that would ensure that ethical factors and issues are not ignored while making decisions in his organization.
It is due to this concern of Samuel J. Foti that MONY has been operating under ethical limits. He believes in giving customers good value and this is what all decisions in MONY are based on.
MONY does not engage in areas of business that could create a conflict between the business and its customers. This is because Samuel Foti believes that the business should avoid all matters that have the potential to affect it in a negative way both economically and legally.
Samuel Foti strongly believes that companies should not deviate from their original purpose of providing good value insurance to their customers. Earning profits is a secondary goal.