This committee would be responsible for the development and operation of the ethics management framework. They will also oversee the implementation and administration of the ethics management framework, including administration and training of policies and procedures, and resolving ethical dilemmas. iii) Establish an Ethics Office An ethics officer manages the institutionalization of ethics in an organisation1. This role is becoming more common, particularly in larger and more progressive organizations. The ethics officer is usually trained about matters of ethics in the workplace, particularly about resolving ethical dilemmas.2 With ethics being questionable in CORCON, there is no doubt that the existence of an ethics office will be beneficial to employees and the company as a whole.
Ethics and integrity is essential and played an important role in helping the growth of the business. Behave ethically could contribute to good performance and customers’ satisfaction. This lead maintains and expands the relationship between both parties and indirectly would increase company reputation (Bandsuch, M 2009). According to the Trevino & Nelson (2010), behave in ethics and integrity not only could stronger the relationship with the customers, but also the relationship with the stakeholders.
Chemerix should have a comprehensive code of conduct. The most important factor for a company to promote moral behavior is a complete list of codes of conduct. It plays as a guideline, and helps the company to make ethical decisions, and solve ethical dilemmas. As a result, following a well-structured code of conduct increases the reputation of the company, and prevents negative financial effects due to legal issues. Companies should make sure that employees read and understand the requirements of their organization 's code of conduct.
This statement is supported by Bennett (2014) wherein ethics clearly defines what is the right and wrong things and shapes what kind of behavior the business should act on. 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.
Management or leaders will need to demonstrate a priority on ethics, thoroughly communicate the expectations on ethical practice, have ethical decision making. And support the local ethical programs. Having a manager or leader that has accountability with ethical consideration has a balance of holding one true to its values and having ethical considerations on the different cultural backgrounds. This is a critical and key factor to a successful health care organization. Knowing, and understanding as a manager and influencing employees to follow standards that when something is misunderstood or unknown, owning up to its behavior on the situation can be corrected and guided to what is expected from the leader or manager and down to the employees.
Leaders set the example and represent the entire organization. When you have an ethical leader, it is more likely that you will have a much more productive and collaborative body of workers. Also, ethical leaders create ethical cultures that influence followers to behave more ethically and to refrain from behaving unethically (Schaubroeck et al., 2012). Therefore, core values of an organization must always be exemplified by ethical leaders. Two key principles of ethical leadership include integrity and respect.
386). When company earns positive impression for its practices, it is expected that it will not only gain more profit, but also regular and even loyal customers. Importance of Code of Ethics from an Employer’s Standpoint From the employer’s standpoint, code of ethics is vital because defines the relationship of employees to the organization itself, and it also affects the level of commitment of the employees as they perform their duties as a help in achieving the company's goals (Guber, 2011, p. 5). Importance of Code of Ethics from an Employee’s
A manager must have the utmost understanding that that Ethical Leadership and the actions associated with Ethical Leadership, are demands of being in a managerial position and will assist them in their daily duties and benefit career progression. One of the biggest advantages of practicing Ethical Leadership is manager’s reputation and how you are perceived by others. Ethical Leader/ Manager is a person who acts with integrity, knows his/her core values and having the courage to act on them on behalf of the common good. Vision in ethical leadership means that the manager must be able to look at the choices he makes from a number of different perspectives. In other words, an ethical leader has the ability to anticipate or “visualize” the consequences
Christensen (2010) in his article ‘How will you measure your life?’ makes us aware that in order to think of the greater good, it is necessary that we start with ourselves. This can be achieved by understanding, analyzing and evaluating the purpose of our lives and by understanding the values that are important to us. By doing so, we will be able to make ethical decision in our lives, which will in turn benefit the business and the society. The purpose of this paper is to discuss the importance of values with the main focus on how it can help in making ethical decisions in an individual’s
The organizations also should run their business ethically in order to earn the respect of others and can be a trustworthy. Any organizations who want to win trust are by providing transparent information, making no secret of their strategies, and being accessible to the wishes