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The Four Way Test
"Of
the things we think, say or do:
1. Is it the truth?
2. Is it fair to all concerned?
3. Will it build goodwill and better friendships?
4. Will it be beneficial to all concerned?"
One of the most widely
printed and quoted statements of business ethics in the world is
the Rotary Four-Way Test. It was created by Rotarian Herbert J.
Taylor in 1932 when he was asked to take charge of a company
that was facing bankruptcy.
Taylor looked for a way to save the struggling company mired in
depression-caused financial difficulties. He drew up a 24-word
code of ethics for all employees to follow in their business and
professional
lives.
The Four-Way Test became the guide for sales, production,
advertising and all relations with dealers and customers, and
the survival of the company is credited to this simple
philosophy.
Herb Taylor became president of Rotary International in 1954-55.
The Four-Way Test was adopted by Rotary in 1943 and has been
translated into more than a hundred languages and published in
thousands of ways.
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