The 4-Way Test
From the earliest days of the
organization, Rotarians were concerned with promoting high ethical standards in
their professional lives. One of the world's most widely printed and quoted
statements of business ethics is The 4-Way Test, which was created in 1932 by
Rotarian Herbert J. Taylor (who later served as RI president) when he was asked
to take charge of a company that was facing bankruptcy. This 24-word test for
employees to follow in their business and professional lives 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. Adopted by Rotary in 1943, The 4-Way Test has been translated into
more than a hundred languages and published in thousands of ways. It asks the
following four questions:
"Of the things we think, say or
do:
- Is it the TRUTH?
- Is it FAIR to all
concerned?
- Will it build GOODWILL and
BETTER FRIENDSHIPS?
- Will it be BENEFICIAL to
all concerned?"