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
In line with this theory, the surrounding units include employees, the public, shareholders, corporate partners, the government and the general public. The theory demonstrates that each of these stakeholders have a role in the success of an organization. An organization that needs to maintain and take care of its clients should first focus on taking care of its employees. As Morgeson, Mitchell, and Dong (2015) allude, employees will always take care of the organization 's clients if they are taken care of. In essence, when an organization works with satisfied employees, the employees will try as much as possible to ensure they have a sustainable job through working for the benefit of the organization’s sustainability.
One of the corporate values of this company is to provide an enriching and rewarding workplace for its employees. Its management strives to attain this by focusing to deliver quality services to its staff members through trying to mirror the viewpoint that its customers have concerning the company. It also uses some of its benefits like for example part of its profit to cater for various products such as accident protection insurance, company-paid cancer policy, and employer-paid life insurance for the employees. Providing these products freely or at subsidized prices mean the company focuses not only on attaining benefits but also on ensuring the corporate values are
Proctor and Gamble Appreciation of Employees Proctor and Gamble (P&G) managers unequivocally agree that at the heart of any business is its mission and human resource. P&G employees are valuable because it is their abilities that keep the global organization running. P&G’s mission is to define human resources - its purpose and the reason for its existence. P&G follow strict policies on how to treat employees. The efforts add value the company and have unsurpassed impacts on it 's global perform.
It focuses on the difference between right and wrong, good and bad. Some principles that all employees of Add Hope should apply: • Be trustworthy: customers want to do business with a trustworthy organization. If the organization can prove that it is worthy of the customer’s trust, in return the customer will give the organization their loyalty. • Meet Obligations: honour al commitments and obligations. E.g.
Hence, customers would feel more confident in their investment, knowing that their money would not be put to waste, especially as brand image is determined from the perception of existing, as well as, potential customers. Apart from the product aspect, Caterpillar also hold a strong brand image regarding its corporate social responsibility. That it strives to have zero accidents as well as creates products that benefit the environment. Additionally, Caterpillar holds a large portfolio of products. This supports the firm in catering for a wider range of customers and their needs accordingly.
Managing Teams Rationale A manager is employed to ensure the effective and successful implementation of a company’s vision and if you’re a manger that wants to create a positive, creative, respectful, and responsible work environment it’s important that you manage your teams effectively. There are certain attributes or qualities a manager should possess like being able to plan, organise, control, lead and co-ordinate. When working with a team these attributes should be used to achieve or accomplish the organisational goals. Teams have many different facets and to understand what team is right for you, you will need to understand the different types, stages, and roles of team members to ensure an effective result from your team. “A team
Credibility is your reputation for being trustworthy- trustworthy is performing your work with excellence; to care about those you work with and for; to live high ethical, corporate and personal values; and to deliver on your promises. Competence relates to your proven set of skills and knowledge to accomplish business tasks. Others will judge you by your track record of success. Caring shows that you will act in the interests to to others, cultivate a sense of community and demonstrate accountability to others. Character shows that you will advance to high personal, corporate, and business values.
Introduction In today’s business, maximization of profits represents the principal feature of business operations. In order to achieve the highest profits, companies have to manage their human resources effectively. Thus, employee’s motivation has emerged as a critical component, it holds the key to the success of a company. Therefore, human resource managers must motivate their employees to let them perform to their best and achieve the organizational goals. Motivation is the force that pushes us to do things: It is a result of everyone needs being satisfied so that employees have the inspiration and ability to complete the respective task given.
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