The Importance of a Global Code of Conduct

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Week 11 Final Assessment It is very important for every business to have a global code of conduct as it sets a comprehensive ethical and behavioral guideline about the decisions that the organization makes in their everyday activities. A global code of conduct makes sure that all of the organizations standards are set high for conducting effective business in both a legal and ethical manner. All of the employees within the organization are expected to comply with all of the guidelines and polices that are stated in the global code of conduct. The global code of conduct gives the organization the opportunity to be able to make it extremely clear to all of its employees and also stakeholders of how the organization seeks to do business. The global code is one of the most important keys to being able to adopt ethical communication within your organization. This code should focus more on the value system that the global company uses rather than on how the employees act with respect to the laws of their local jurisdiction. The code must also include all business lines, employees, and departments. Although it can be really difficult to cover all of the aspects at a global level, you must try to add different sections that cover all the different jurisdictions related to the local subsidiaries. Most importantly, organizations need to realize that the code has to be updated with the move of time and employees must always be informed when there are changes that are made to the code. Along with all of this, some of the things that I would also include in my organizations global code of conduct would be: • Alcohol and drug abuse • Compliance with company rules • Conflicts of interest • Dress code • Harassment and bullying • Social responsi... ... middle of paper ... ...usiness matter, hiring, promoting, vendors, and even types of investments. These types of close relationships can interfere with an employee’s judgment, cause employee morale issues, and even most of the time leads to conflicts of interest or sexual harassment within the organization. These types of relationships can have a negative impact on the organization as a whole and can also affect all of the employees around it. In order for organizations to avoid and prevent these types of problems from occurring and to maintain a positive work environment for all of their employees they must have a Human Resource Department that handles these types of issues. If this was to occur within an organization it would need to be brought to the attention of the Human Resource representative and therefore the organization could take the appropriate action to handle the situation.

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