Advantages of Ethics

524 Words2 Pages

Introduction
Afford and Bebensee (2010) discuss how properly managing ethics in the workplace can be advantageous to the firm on many different levels. They present ways of managing ethics processes beyond just having ethics codes guidelines. For the purpose of discussion, Afford and Bebensee define ethics as a concept of moral behavior. The article makes a strong point that actions of every employee, not just managers, has an impact on the organization, therefore, if an organization wants to be successful, the ethics of every individual are important. Several large companies around the world were mentioned that experienced enormous problems due to confusing ethical situations and how we can learn from others’ mistakes in the area of workplace ethics.
Summary
Afford and Bebensee mention that larger firms have been hiring a dedicated Vice President for Ethics in an attempt to better control the firm’s ethics processes and codes to escape substantial financial penalties resulting from ethics violations. The authors discuss that having strengthened ethics programs in a firm do no...

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