Introduction
This essay outlines ethical conduct in the workplace, which the focused business chosen was Slater and Gordon (“ S&G”). The essay will go into detail ethical issues that S&G, which will describe the meaning of ethical conduct, mean in a company, and their way of dealing with this it in a working environment of the company. Hence listing the tools of ethical conduct that S & G have set out to help in a working environment .I found some of the tools such as; code of conduct statement, Professional behaviour, integrity, confidentiality and privacy, conflict of interest, code of violation , gifts and entertainment, S&G premises and legal compliances.
I also had to comment on the implications of ethical conduct of Slater, for the organisation and the employees. I then had to come up with some suggestions of improvement of policy and procedures. That would lead to ameliorate the ethical practices by the employees of S&G.
The ethical conduct that I think of in the organization of Slater and Gordon (“ S&G’) what the Code of Conduct would be is that it outlines behaviours for all S&G employees. Slater will conduct its business fairly, impartially, in an ethical and proper manner, that will comply with all applicable laws and regulations, and consistent with the S&G values.
In conducting its business, integrity must which underlie all company relationships, including those with customers, suppliers, and communities and among employees. The standards of ethical business conduct are required of S&G employees in the performance of their company responsibilities. Employees will not engage in any conduct or activity that will raise questions as to the company's honesty, impartiality, and reputation or otherwise cause embarr...
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...or ethical conduct such as professional behaviour, integrity, confidentiality, conflict of interest, code of violations and also security.
Also we go into detail of the implication of ethical conduct in the workplace how this would affect the business, implication of ethical conduct in slater and Gordon is an obvious connection of both quality management and business ethics, which focus on the responsibilities of the organisation towards different stakeholders.
The responsibility discussed in quality management that refers, to organisational responsibility of employees. Then we go through some improvement of policies and procedures that would help the business. This would be all employees are expected to adhere to the highest standards, of ethical business conduct and to know and comply with S&G policies and procedures while performing company responsibilities.
The NAEYC Code of Ethical Conduct was developed to uphold the application of core values, ideals, and principles to assist teachers’ decision-making about ethical issues. The Core Values of the NAEYC Code of Ethical Conduct is based on the foundation of the field's commitment to young children. It is noteworthy that all seven of the Code's Core Values directly address our commitment to children:
The controller and accounting staff play a significant role in company ethics. Specifically, they manage all accounting transactions and are responsible for reporting earnings. Julie must demonstrate a strong ethical behavior and instill this value in her employees. In addition, senior management needs to lead their employees to build a company based on high morals and strong ethics. Without the appropriate leadership, the company will suffer as witnessed during the business scandals of a few years back. As stated by Sam DiPiazza, CEO of Prices Waterhouse Coopers, “It has become dramatically clear that the foundation of corporate integrity is personal integrity.” (2003)
Importance of ethics in the business world is superlative and global. New trends and issues arise on a daily basis which may create an important burden to organizations and end consumers. Nowadays, the need for proper ethical behavior within
The concept of business ethics refers to a set of guiding principles that encourage individuals in an organization to make decisions based on the company’s stated beliefs and attitudes toward business practices within its industry (Lisa McQuerrey., 2016). Ethical and Unethical business decisions have long been a predicament encountered by organisations, these practices are concerned with how the companies interact with the global business world, and to their one-on-one dealings with individuals (Garry Crystal, 2016.) The concept of ethics and social responsibility emerged into the business world in the early 1970s after the end of World War I, saw these organisations become more profit driven resulting in negative impacts on society at large.
In an organisation ethics are supposed to set standards as to what is the right thing to do in conduct and decision making however this is not always the case. Over the years different scandals have occurred which have shown that companies and in particular the people that run them are not at all ethical and only seek to maximize profits. Economical analysts throughout the years have suggested that the way to avoid such incidents is by either having a code of ethics along with ethics training or through strong ethical leadership.
Broadly defined business ethics is, knowing the difference between what is right and what is wrong. It is the written and unwritten, principles and values that govern how decisions are made within a company (Cross & Miller, 2012). The focus of business ethics is to identify the moral standard, and provides guidelines to follow when making tough ethical decisions. Unethical behavior is typically the result of corrupted interactions between individuals within the organization (Brown & Mitchell, 2010). Many times, unethical acts steam for behaviors that are socially or culturally acceptable within the organization. Ethical behavior can enhance a work environment and maximizes contentment, while unethical behavior may have the opposite affect. Not only can this behavior cause stress in the work place, there is the possibility of it ruining a business (Cross & Miller, 2012). Unlike corporate governance, ethical standards are not as easy to define. A code of ethics expresses fundamental principles and provides guidance to decision makers, but there are no set rules written into a code of ethics. A code of conduct is created using a company’s code of ethics. It is a statement of standard that discloses how a company chooses to conduct its business activities (Driscoll &Hoffman, 2011). Following the scandals of the early 2000’s, many companies adopted a code of conduct to ensure the compliance
Throughout the course of day-to-day business life, the business professionals come in contact with quite a sum of ethical dilemmas. There are various ways to handle these ethical dilemmas, but failure to follow the appropriate manner could result in an unethical outcome. The ethical guides related to the book definitely help students develop an ethical character that is sure to stand out for highly ethical companies. In addition, there are companies that test how ethical applicants are before hiring them, this in turn makes getting the job more difficult and costly. However, despite the high cost and difficulty said companies stay firm to ethics, guaranteeing they get top-of-the-line employees who will act in an ethical manner. Ethics is defined
...d rules that are managed and reinforced can make a difference in the organization. Senior leaders must be aware of the influential impact that immediate leaders play in the daily duties of the workplace. Then the immediate leaders can emphasize and support the ethical character of their workers. Civility demands that a person must be self-disciplined for the sake of others. “By putting ethics into practice in our day-to-day encounters, civility is that moral glue without which our society would come apart” (Brannigan, 2008, para. 13). It is more important than ever for companies to act responsibly, as customers are buying products and services from the companies that they trust. Ethical values can be incorporated into an organization’s culture. Ethics plays an important role in the company and can have beneficial and profitable results on the corporation.
The main purpose of this work is to emphasize that the code of conduct has no use if the company does no create an ethical culture. It focuses on how the code of conduct must be created and fostered by the top management including board of directors so employees and other stakeholders follow by lead and don’t think that the higher authority are not practicing what they put out. The intended audience of this blog message was investment professional, people concerned with ethics in the workplace, and the general public who
Ethical standards that evolved over the history of Western civilization deal with interpersonal relationships. What is right or wrong? What one should do and not do when dealing with other people. Ethical behavior in a business environment has not been as clearly defined. When businesses were small and the property of a few individuals, traditional ethical standards were applied to meet different situations. However, as businesses became larger, the interpersonal ethical relations did not provide any clear behavioral guidelines. Likewise, the principles of ethical relationships were even less pertinent to the corporate environments.
Ethics in business is a highly important concept, as it can affect a company’s profits, salaries paid to employees and CEOs, and public opinion, among many other aspects of a business. Ethics can be enforced by company policies and guidelines, set a precedent when a company is faced with an important decision, and are also evolving thanks to new technology and situations that arise due to technology usage. Businesses have a duty to maintain their ethical responsibilities and also to help their employees enforce these responsibilities in and out of the workplace. However, ethics and the foundation for them are not always black and white. There are many different ethical theories, however Utilitarianism, Kant’s Deontological ethics, and Virtue ethics are three of the most well known theories in existence. Each theory is distinct in that it has a different quality used to determine ethicality and allows for a person to choose which system of ethics works best with both the situation and his or her personal ethical preferences.
ethical issues. The purpose of this assignment is to offer reasons ethics and integrity will be
Ethics is the responsibility of each individual person, but starts with the CEO and the Board of Directors, setting the right tone at the top and moves down through the organization, including setting the tone in the middle. A company’s culture and ethic standards start at the top, not from the bottom. Employees will almost always behave in the manner that they think management expects them, and it is foolish for management to pretend otherwise (Scudder). One of the CEO’s most important jobs is to create, foster, and communicate the culture of the organization. Wrongdoings or improper behavior rarely occurs in a void, leaders typically know when someone is compromising the company
Members and staff will act ethically towards each other and upon making decisions that affect the company as a whole.
Ethical behaviour is what all career people should aim to have. Not just the ethical attribute but exceptional behaviour with this regard.this is because in order to build a career, one must be governed by the rules of ethics to safeguard oneself and others. Ethics are essential in the workplace because a tough ethical code provides a non-threatening environment with high employee morale. The corporate social responsibility is important to everyone,therefore it should not be neglected by the employees and the organization. Ethics purely center on personal conduct. It involves personal choices that can make or break a person in the workplace or business. The major importance of having good conduct is to maintain a high level of respect not just for people but for the proffession. Most people who begin their working career have aspirations of excelling at their jobs and reaching the pinnacle of their profession while maintaining a sense of values; however employees often become blind with ambition and put aside their sense of ethics in order to obtain financial security and recognition for their efforts. There are many things that one can gain from having good behavioural ethics in the workplace. It will develop a discipline which will propel the work practices to a higher level and will help set a high standard. It will promote teamwork among the workersand will also buil...