Ethical leadership is a growing concept and many large companies are promoting business ethics as their corporate social responsibility. The behavior and the individual values of the leader provide the direction to the business. Leader’s actions in term of ethical behavior and unethical behavior gives ideas to the employee and other stakeholders that what need to follow and what values are aspired in an organization. The position of the leader with moral and ethical values is most important to provide the solutions to ethical issues in a workplace. This also evident from above discussion that ethical leadership is also crucial in developing the ethical culture within an organization.
Ethics hotlines give employees access to an impartial third-party professional organization whose representatives are trained to handle complaints expediently, thoroughly and with sensitivity. Through the use of a Case Management System, employers have the ability to effectively manage hotline complaints and enhance internal controls. Companies who are currently satisfied with their level of ethical behavior may be experiencing a false sense of security. As economic conditions improve over time, attention to ethics in the workplace tends to diminish, which can open the door for unethical practices to commence unless a proactive approach is taken. In summary, companies that are truly committed to best practices, or “management practices and work processes that lead to world-class, superior performance,” must not underestimate the importance of ethics in the workplace.
An auditor that makes sure that factories meet the Primark code of conduct is being practiced within the factory. This includes, for example, checking that the factory has the appropriate fire extinguisher and that employees are well trained to use it, and also to make sure that all employees receive the wages and benefits for which they are eligible. CSR activities As an international business with a global supply chain and a growing retail base, Primark believes that business has a responsibility to act and trade ethically and that, by doing so, it can be a force for good. Its business directly contributes to the employment of more than seve lakhs workers across three continents. Ensuring that their rights are respected is key to its continued growth.
CEO says, keeping the good talent in the company which matches company’s culture, understands the business , go extra mile for the company is important. His thoughts clarify how serious efforts he invests in talent and man power. According to Godrej, top management tries to speak to every individual who is taken on board. Company’s right image is by its people and if you don’t get the right people, possibilities of you won’t get anything right is higher. To sustain organizational growth in today’s market it is important to keep investing in your employees and understand the job market intensively.
Managers and CEO’s should have a positive character because they influence others. A manager’s role in a company is to run and manage the daily operations of the company. Therefore, it is especially important in mangers. A manager who has a good character ensures that things are done correctly in the organization. A manager who has a good character also
The company believes that by creating value for the shareholder and the public, it will have long-term sustainability. This business is regularly followed by human resources, safety and health environment-related compliance and business integrity which is based on an independent external audit network evaluated programs called CARE. Therefore, Nestlé worked hard to ensure a high standard of both employees and employers welfare as well as other forms of its CSR aspects such as employee safety, environmental problems, and education. Nestlé believes that its corporate business responsibilities shape the way of business that form of the cultures values, although the basic foundation is unchanged from the time of the origins of the company. Thus, its corporate business principles
Congruency: this virtue refers to the importance of promoting ethical behaviors and discrediting unethical behaviors Feasibility: this refers to the risk of unethical behavior occurring due to insufficiency of information, equipment, time or budget needed to fulfill the task Supportability: according to this virtue employees who feel that they are taken seriously will behave ethically. Firms need to keep their employees motivated in order to implement the ethical standards Transparency: this virtue refers to the level of transparency within the organization processes. In organizations having high transparency levels employees tend to adopt ethical values and correct any misbehavior Discussability: refers to the raising and discussion of unethical issues by the employees Sanctionability: firms can reward ethical behaviors and punish any unethical acts to build a more effective ethical culture within the
For the sense of business according to Joseph (2013), ethics are constructed and decided by each business and underpins decision that an employee makes. When it comes to the business’ environment, a well-constructed ethics is a key for a considerate and responsible decision making in a business (Bennett, 2014). Business Ethics is very important inside the company, it will show the moral standards that a company or business have whether it is right or wrong and good or bad. Every etiquette that a business has, will reflect on what kind of company or business you are. Thus, every company or business must show the proper and right etiquettes it should have, so that the customers will have that kind of trust and a good feedback on your company.
Introduction The importance of ethics in the workplace is describes how the business will be run. A successful business depends on: managers, customers, suppliers, employees, and even competitors. The ethical terms that trust is built upon in the ethical business practice are: laws, ethics, values, morals, integrity, and character. (The Importance of Ethics in the Workplace - FMLink, Inc., n.d.) This paper will be discussing the importance of ethics in the workplace, as well as how our actions affect not only ourselves, but also those around us. In addition, this paper will discuss the impact that ethical relativism and globalization, dealing with ethics in the workplace.
Nowadays, most of the corporations’ top managements and CEOs understand how significant employee motivation is in the workplace as well as in the business environment. AirAsia is one of those successful corporations which focus on its employee motivation and rewarding system by holding onto theories such as the McClelland’s Three-Needs Theory and Maslow’s Hierarchy of Needs Theory. McClelland’s Three-Needs Theory proposes that there are three major motives in work which are the needs for achievement, power and affiliation. By practicing this theory, AirAsia would have better guideline and standards in recruiting and promoting its employees. For instance, employees with a high need in power usually have strong sense of responsibilities and