Do Ethics Matter

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Ethical principles matter and are important in the workplace because our actions do have a significant effect on all of those around us. An ethical organization is founded not only on ethics, but also on values, morals, integrity, and character. In addition, an ethical organization will also be a lawful one. Ethical behavior establishes a professional standard for performance and is something that a society assimilates an organization as being. Due to an ethically structured business, an organization can actually improve the community around it (Sherman, 2017). Attributable to this, ethical principles in the workplace are important to help ensure organizational reputation, compliance, financial return, and to instill a working environment of …show more content…

Of significance, it is essential to practice ethical conduct in the workplace to cultivate proper principles such as honesty, integrity, respect, obedience, and assuming responsibility. Ethics matter in the workplace for not only ensuring right from wrong, but also for setting good examples, promoting trust, developing a diverse workplace, improving public image, and to maintain lawful operations (Sherman, 2017). Likewise, organizations are placing a particular emphasis on ethics such as pushing for a larger demand of operational transparency. As more social media users are networking and broadcasting unethical organizations and their wrong doings via the internet more rampantly a business that does not wish to attract any negative reputation should work diligently to maintain ethical principles within their operations. Safeguarding an organization’s reputation is the central motivating factors for companies wanting to develop ethical standards. As a result, ethical principles are important not only in the workplace, but also in the interest of stakeholders in a company (Hagel,

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