Corporate Ethics programs are a tactic to promote ethical awareness amongst all employees within an organization at all ranks from entry level employees up to the executives. They provide great educational tools, providing employee knowledge on how to resolve ethical issues in any ethical dilemma they may encounter in their day to day activities or long term projects. They also assist organizations with increasing their performance therefore improving prosperity and making profits. Ethics programs help avoid scandals, by ensuring the organization abide by the laws in place, know how to respond when faced with a questionable situation, and how to report unethical actions they discover. Organizations must have a formal ethic plan in place to …show more content…
An ethics program can also support the organization in dealing with regulation and technology changes. Organizations without ethical programs in place it will support management competing globally and set a new standard for organizations.
The following elements are key to guarantee a strong ethics program and clearly state expectations for all individuals involved in the organizations doings no matter the ranking of the individual; employees, managers, or even members of the board of directors for the organization. All individuals being held to the same standard ensures no one can say they are being treated unfairly.
Risk Assessments
Every year the organization should complete a risk assessment to identify any high risk factors. Upon the completion of the risk assessment actions will be taken to alleviate any risks identified. A detailed report will then be provided to all members of the board of directors to ensure they are knowledgeable of what is happening.
Internal and External Communication
Communication must be clear and concise among all employees of the organization to prevent potential miscommunications and confusion. Managers should send personalized communication regularly. Senior managers should take initiative, if the need arises, to direct appropriate methods for employees to implement and follow.
Consistent Appraisal and Enforcement
The organization culture should be
Effective communication also must occur in a broader sense, flowing down, across and up the organization. All personnel must receive a clear message from top management that control responsibilities must be taken seriously. They must understand their own role in the internal control system, as well as how individual activities relate to the work of others. They must have a means of communicating significant information upstream. There also needs to be effective communication with external parties, such as customers, suppliers, regulators and shareholders.
The survey was performed in 2010 involving members of the Ethics and Compliance Officer Association (ECOA). They focused on the evolution of business ethics by analyzing six other studies over a span of two-and-a-half decades. Members of the survey were ethics manager, but members on the previous studies were regular employees and management. The results of the analysis of the previous studies showed that ethics programs in companies during a time span of the 1980’s through the 1990’s was used to show social responsibilities and not necessarily to enforce it throughout the company. It showed that ethics programs now that companies follow ethical laws and they are motivated to be ethical. Another result of the study showed that ethics training at companies has increased since the 1990’s due to the passing of Sarbanes-Oxley and other laws directed at ethics. The passing of the laws in the early 2000’s has led to ethics being a major component of everyday
I and two other individuals have agreed to start a business that will provide management consulting services to nonprofit organizations. Because of the increased scrutiny on actions of corporations and those who act on behalf of organizations, we have determined that it would be essential to have our ethics program developed before we start offering our services. A business as a moral agent must prove that it has an effective ethics program to protect employees, the corporation, and businesses that the company will serve. It is also important to have an ethics program to support the ethical values of our corporation and to make it clear to employees what is acceptable behavior, and to make clear what policies and standards are to be
Our Code of Ethics Program is designed to uphold the interests of every stakeholder of Given Company. Our mission is to uphold a high level of integrity by maintaining high company standards, values and principles to ensure the company meets its mission of being a good corporate citizen who is socially responsible. Our program provides effective guidance for daily decision making for all levels of personnel in an effort to establish and promote long-term relationships within Given Company and with our customers and community. The overall goal of the program is to be diligent in establishing a culture
Business practices, in addition to guidelines on the matter of probable controversial impediments are a component of organizational ethics. This type of ethics is frequently motivated by the law; a copious amount of organizations practice ethics in order to be accepted by the community, not to mention in order to ensure a successful business. Ethical values can have a focal point on organizational concerns which assist the company in adhere to respectable practices within their establishment or corporation.
The function of ethics in structural behavior is the fundamental influence to the achievement and endurance of any business. A set of procedures and principles concentrating on encouraging security, confidence, and responsible preparation inside the workplace should be inaugurated internally. Businesses progress policy of ethics that focus upon the advancement of good. Ethics are vital in improving entrusting interactions amongst
All businesses understand that they must use effective communication in order to do well as a business, without communication the business will be a mess and would not run successfully. Using communication allows the employees and offices to stay up to date with the businesses progress and what is currently happening. To use effective means of communication all employees would be in a way trained in order to understand communication and use the most effective means for it. This is done in advance to checking that communication is understood by the recipient.
The role of ethics in organizational behavior is the underlying factor to the success and longevity of any organization. A set of rules and guidelines focusing on promoting safety, trust, and responsible practice within the workplace must be established internally. Organizations develop code of ethics that center upon the promotion of good. Ethics are vital in developing trusting relationships between employees and administration within.
Ethics are values and principles that individuals use to govern his decisions and activities. Ethics are about moral judgment of an individual about right and wrong. In an organization, code of ethics refers to set of guiding principles and organizations use these principles in their policies, programs, and decisions for business. Within organizations, decisions are taken by groups or individuals and these decisions are influenced by the culture of the company. Decision making and relevance of ethics may also differ for nonprofit and for profit organizations. In contemporary business environment, organizations must have a clear ethical policy and implement it in proper manner. There are many social, legal and economic outcomes that company has to face in case of any ethical dilemma, so there must be a smart strategy to deal with ethical dilemmas. In this paper, we will address the ethics for nonprofit and profits organizations, ethical dilemmas being faced or faced by each of these companies and the outcomes of these ethical dilemmas. Critique of actions of each of these companies will be provided from the point of view of applicable philosophical theories of organizational ethics.
An initial new hire and employee ethics training has to be develop and administered. Also on-going ethics refresher training for use throughout the employees career with Company Q will need to be incorporated in the program. Systems will be developed and put in place to monitor, audit, and report ethics violations. A time-line to re-evaluate these programs and their effectiveness towards meeting the companies social responsibility goals will be established. Based on the evaluation a revision or revamp of the program if necessary will be initiated. The ethics program needs to be reviewed and understood by all employees and expectation for compliance very clear. This can be accomplish by tying compliance in some form to employees and leadership individual performance goals. Shareholders all the way down to entry-level employees will benefit from the ethics program which will also put the company on track to being more socially responsible. Once a code of ethics is in place and training has been given, then Company Q can begin developing trust within the company and employees as well as the community. Continued education and training will enable the company to become more socially responsible.
Ethics are need in organizations like mine so people will not take advantage of other co-workers and the customers. People in these companies sometimes treat the worker unfairly and will not pay them for their worth. They work long hours and get no compensation. Some companies like ENRON cheat people and cause problems globally because of the different investors that have invested in the company. The individual loses their job, the organization suffers in
Ethics programs take the organization several steps above compliance when not only complying with the law, but adhering to the values of the organization and society by encouraging members to always do the right thing (Nelson, 2012). Values such as respect, integrity, and honesty help to guide business decisions (Ruddell, 2004). Ethics programs can be involved in conflict resolution when competing values cause an ethical dilemma (Nelson, 2012).
Besides, an ethical organization starts with accountable leadership. Controlled by the human recourses other high-level executives must set a high moral code of honesty and trustworthiness to which they hold themselves and everyone in their organizations accountable. Leaders of ethical organizations also set internal rules of conduct, such as restrictions on email content and the appropriate use of social
We will ensure that care management discussions by the Interdisciplinary Team (IDT) focus on providing necessary services to meet the needs of the client based on the on-going clinical assessment of the individual.
Corporate Social Responsibility is essentially the idea that corporations should and have the responsibility to act outside of their own interest of profits and interest of shareholders. That a majority of the responsibility to fix economic, environmental, and social issues somehow weighs more heavily on corporations shoulders than our own. I am not in favor of this notion for several reasons to which I will argue. The definition and idea of CSR sets up more unanswered flaws and questions than it supposedly answers. It becomes a masquerade that highly profitable businesses can hide behind to gain customer loyalty and favor in the eyes of society,