First, is the ability to recognise ethical issues; second, the ability to reason through the ethical consequences of decisions; third, the ability to deal with ambiguity; fourth, the ability to distinguish between ends and means; fifth, the courage to go by conviction rather than consequences; sixth and most important, cultivating the integrity to face ethical dilemmas that you will face in the course of your career head on and to resolve them.
Here, we should remember that, as in sport, what is important is not winning, but playing a fair game. Playing a fair game, may lead to failures and lost battles, but will surely win you the war in the arena of life. 39. Schumpeter referred to the entrepreneur as “Mann der Tat ” or a Man (person) of Action.