The requirement of signing the code is one of the best ways to implement it because there is then proof that all employees have received it. It is important, however, to hold an employee meeting and go over the code of ethics so that employees can ask questions, clear up any concerns, and make sure that they understand the code. If the business has individuals working there that do not have English as their first language, printing copies of the code in other languages to accommodate employees will help these employees understand the code and will also show that the employer made the best and most thorough effort to ensure that everything was understood by everyone. Implementing a code of ethics is not easy, and people sometimes forget to follow the rules, so there also needs to be some leniency in the beginning, depending on the infraction that was committed. Verbal reprimands and written reprimands can be used, but serious offenses still must be treated quickly and severely to keep them from reoccurring, especially for serious issues such as sexual harassment.
Conflict has a lot to do with how diverse work groups have become over recent years, and this is definitely true where ethical issues are concerned. It was not long ago that organizational decision making groups could be expected to be comprised almost exclusively of white males, since this was the majority of the white-collar workforce. Now, both males and females hold these positions, and many are African-American or other minority racial or ethnic groups in these positions. While this makes for a great deal of diversity in suggestions and decisions, it also makes for a great deal of conflict because cultures and ideas often collide (Pelled, et. al, 1999).
Naturally, there will likely be reactions to the implementation of the code - and not all of the reactions will be good ones. People often do not like changes being made to something that they are used to, and most people -especially those that have been there for a very long time - will resist these changes. It will be the job of those that run the company and those that work in human resources to ensure that the code is implemented properly and...
The second step is to initiate a supplier code of conduct. The greatest potential for ethical violations falls with suppliers such as agricultural firms or offshored service providers, and these violations can result in negative publicity for the company. Ultimately, it is not expected that these ethical standards will form a competitive advantage for the company. Having high ethical standards is more of a hygiene factor in that it is
Code of Ethics Development Description: Begin by preparing a code of ethics for a fictional company, which should include a minimum of 10 elements. Once you have compiled the code of ethics, respond to the following questions: 1. Why did you include each of the 10 elements? 2. Why is a code of ethics an important part of every business from an employer standpoint? 3. Why is a code of ethics
Business Ethics Every company has corporate governance initiatives in place. Consider that corporate governance simply refers to how the company is run and controlled. The current usage of the buzzword derives from the issues that a few companies had where executives or managers were not subject to appropriate levels of governance. Thus, the guidelines issued recently by the OECD, the ASX, the Combined Code and in Sarbanes-Oxley serve to institutionalize stronger
Ethics There are many factors that go into creating a code of ethics for an organization. At its simplest, a code of ethics should be a "collection of principles and practices that a business believes in and aims to live by (Spiro, 2010). The code should have a certain degree of clarity, because it ideally will serve as a reference point for employees and for other stakeholders. Yet there are many
Ethical Problems in Business PRINCIPLE: Ethics may be termed as the inner guiding moral principles, values and beliefs people use to indicate and identify what is acceptable and appropriate behavior whilst straying away from the opposite (Jones, 2007). However each individual may perceive different behaviors as acceptable and appropriate depending on the individual's own self-interests, attitudes, beliefs and values. To dig further into the aspects of business ethics, it is primarily a notion for
Company X has faith in its employees to utilize their own ethical judgment in conjunction with the rules and standards set forth by the company in order to assure that actions within the company are performed at an optimal level across the board. Implementation and Communication In order to assure that a code of ethics is implemented to the best of its ability into a company, gradual implementation must be used
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