Workplace honesty is an important foundation for the professional success of an individual or a company. A business that is run in a dishonest way might meet with short-term success, which is often the motivation for being dishonest, but unethical practices often have unexpected consequences and lead to the downfall of a company.
Trust between coworkers and between a business and its customers is essential for creating a healthy business environment. People who are consistently honest in their dealings with others develop an ongoing trust because people believe that they are worthy of that trust. Dishonesty that is discovered by others can have consequences far beyond the importance of a particular lie, because others will then question what else that this person has said that was untrue.
Doing business in a dishonest manner, even if it is never discovered by others and doesn't lead to professional problems, results in a loss of personal integrity. People who are dishonest know that they are dishonest even if nobody else does, and this knowledge has an impact on a person's self-image. It might not be easy to be consistently honest, particularly in sticky ethical situations or when you have made a mistake, but dealing with situations honestly rather than trying to cover them up helps you to keep an image of yourself as an honest and worthwhile person.
Professional success that is the result of honest work is much more secure than success that has come about because of unscrupulous means. People who have used illegal methods to achieve their success must live in constant fear that they will be discovered, resulting not only in public censure but also the possibility of legal penalties. A person who is discovered to be dishonest will have difficulty rebuilding his success, even if he has changed his ways, because other people will be hesitant to do business with him and will be unwilling to trust him.
The secret to the success of many products and services is a careful assessment of their drawbacks and benefits, followed by changes to improve quality. Honest assessment and reporting by everyone involved in this process are necessary to make the process effective. If someone hides a problem in a product or service, it will be difficult for others in the business to address the problem and solve it.