Priority of values should be identified so as to aid the organization avoid breaking laws by following the stipulated requirements of operation.
The top three of four values should be reviewed to help the organization determine which values currently help it fulfill its mandate. For example, in the accounting department, the organization should identify accuracy and confidentiality as the key values to the success of the department. Values needed to identify current issues should be brought to fore. This should be done by selecting a few people to interview the members of the organization in identifying key areas that require attention in the organization. Out of the issues identified, determine which ones are ethical and device ways in which the organization can solve them.
It should be noted that not all remedies can be obtained for any ethical dilemma that might arise. Emphasis should be made on dilemmas that don't occur…...
Ethical actions within organizations have attracted increased attention and concerns in the past few years because of recent incidents of unethical behaviors by management of some leading corporations across the globe. These incidents have in turn contributed to more scrutiny of activities of corporations and individuals who act on behalf of organizations. As a result, organizations have reacted to the increased scrutiny by developing and implementing formal ethics programs to help determine suitable actions for people who work for the company. As the ethics officer at Company X, a new business entity, one of the most important elements for enhancing the success of the company is developing an ethics program that will be included in the new employee handbook. The ethics program, which is the subject of this article, will include standards and procedure segment, an ethics training segment, a segment about employee misconduct, and an action plan for assessing…...
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References
"Compliance and Ethics Program and Code of Conduct." (n.d.). The Providence Service
Ethics Program
Imagine company Toyota ethics program effective program . The Federal Sentencing Guidelines Organizations encourages firm set ethics programs. eview Website, located http://www.ussc.gov/guidelines, prior assignment.
Toyota Corporation is a multinational automaker in japan and is the world's largest automobile manufacturer. The company employs a large number of employees in different departments with different key objectives in order to achieve the organizations different objectives. Toyota Corporation has a corporate philosophy that is well communicated to the employees and facilitates the achievement of their goals. The managers of the organization view employees as the most important factors who contribute towards the achievement of set objectives. An ethics program is a systematic approach to raising ethical awareness of employees, providing education and guides on ethics.
Companies' focus of writing codes of conduct is transforming from writing the rules to regulate conduct to leveraging value-based codes that inspire principled performance among executives, management and employees.…...
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Reference
Ferrell, O.C., Fraedrich, J., & Ferrell, L. (2012). Business ethics: Ethical decision making and cases. Mason, OH: South-Western/Cengage Learning.
Hill, C.W.L., & Jones, G.R. (2010). Strategic management theory: An integrated approach. Boston, MA: Houghton Mifflin.
Wulf, K. (2012). Ethics and Compliance Programs in Multinational Organizations. New York: Gabler.
company ethics program effective program . The Federal Sentencing Guidelines Organizations encourages firm set ethics programs. eview Website, located http://www.
Ethics Program
The following pages focus on presenting the challenges that JEMC must address in order to improve its codes of ethics and conduct. The Company Presentation section provides the description of JEMC and the presentation of the codes of conduct of important companies in the industry. The Ethical Challenges section analyzes the ethical problems that the company's activity must address. The Federal Sentencing Guidelines for Organizations discusses the guidelines developed by the government in the case of companies that do not follow rules and regulations. The Challenges of the Codes of Conduct section analyzes some of the most important problems determined by developing these codes of conduct. The elevance of Codes of Conduct section provides some recommendations on how the relevance of these codes of conducted can be improved.
Therefore, the best way to help employees act ethically is to view the workplace and daily operations as a training ground.
In your estimation why is there a growing need for organizational ethics programs? What are the factors contributing to ethical problems in the global corporate world? What are possible solutions?
The need for organizational ethics program is growing for several reasons. First, organizational ethics have become crucial for companies to avoid legal and financial distress. Second, ethics help businesses run smoothly and well, attracting the best caliber of employee. Ethics programs are important especially in large organizations with a diverse staff. Global and multinational companies will be working with people from around the world, who operate in unique ethical environments. Ethics programs help multinational companies create standards for employees that will help avoid conundrums and miscommunication. Ethics programs bring all employees together on the same page and therefore become integral…...
Ethics
Imagine that it's your responsibility to select an ethics officer for your organization. What qualities, background, and experience would you look for? Why? Would you ever be interested in such a position? Why or why not?
An ethics officer plays a significant role for an organization. In the selection of the right ethics officer for my organization, I would have to consider several major factors such as the personal qualities, background and experience. First of all, the ethics officer should posses the following qualities: honesty, truthfulness, integrity, fairness, accuracy, and significance of moral values. These qualities are the basic ingredients that should be searched thoroughly in the ethics officer during the selection process.
The background of the ethics officer should be related to any field such as business, medicine, engineering, sociology, psychology or armed forces, but it should be kept in mind that the ethics officer belongs to a specialized field with…...
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References
Luthans, F. (2003). Organizational Behavior."Ethics," 2nd Ed, .pp.441-494.
Trevino, L.K. & Nelson, K.A. (2007). Managing Business Ethics -- Straight talk about how to Do it Right -- Fourth Edition John Wiley & Sons, Inc. Copyright 2007 ISBS 0-471-75525-7
By attempting to suppress debate about the subject, Monsanto created and subsequently reinforced the notion that BGH is a harmful substance. Eventually, the company was forced to exit the business, because of the damage they did to the product's reputation.
There are times when good ethics demands that a new product innovation be dropped, and this was likely one of those times. By pursuing profit instead, Monsanto has put the health of many Americans at risk and called even more attention to their unethical practices.
orks Cited
Financial information from MSN Moneycentral. Retrieved February 3, 2009 at http://moneycentral.msn.com/investor/invsub/results/statemnt.aspx?Symbol=MON
Monsanto 2008 Annual Report. (2008). Retrieved February 3, 2009 at http://www.monsanto.com/investors/financial_reports/annual_report/2008/default.asp
No author. (2008). Monsanto Receives Top Award from Leading Legal Publication. Monsanto Corporation. Retrieved February 3, 2009 at http://monsanto.mediaroom.com/index.php?s=43&item=660
No author. (2008). Monsanto Human Rights Policy. Monsanto Corporation. Retrieved February 3, 2009 at http://www.monsanto.com/pdf/responsibility/human_rights_policy.pdf
Klotter, Jule. (2002). Monsanto PCB Legacy. Townsend Letter for Doctor's and Patients. Retrieved…...
Ethical behavior of a person or a corporation greatly affects the stakeholders with which that person is involved. Often, people and companies take serious consideration when it comes to those stakeholders, and they work to take good care of the people who are involved with them (Keller, 2002). There have been cases, though, where ethical behavior has been ignored in the name of profit. Eventually, most companies and people who ignore their ethics are caught and punished, but not before they end up harming the financial and emotional lives of many of their stakeholders. Plato once said that the nature and the origin of justice was that men who were capable of doing wrong to other people would often do so. He also said that men who did not have enough strength to keep themselves from being harmed by others would not do harm to other people.
In other words, if…...
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References
Anderson, A.A. (1999). Downsizing and the Meaning of Work. Babson College Business Ethics Program.
Keller, K.W. (2002). What does a business owe the community? The Signal.
Ethics
With respect to the ethics audit, the company shouldn't change anything other than to institute it. Where we left off, the ethics audit was external, and this is critical, because many of the current ethical issues arise because of the relationships within the company and the way that the different interests within the company are represented in the current ethics program. So the ethics audit has to be external.
The other issue with the ethics audit is that too many people within the company did not seem to want the external audit to take place. This is a major problem, so the delays in the timing of the external audit should be eliminated. The external audit needs to take place as soon as possible, which is the major change that should occur. Let the external auditors determine how and what to investigate -- their ability to ask questions that Jerry or…...
Ethics and Social Responsibility
Companies, like people, are bound by ethical requirements -- a responsibility to consumers and customers. Companies are expected to do follow up on the promises of their advertisers. All companies make ethical declarations as part of their vision and operational philosophy, but quite a few to do little to live up these declarations. Recently, Enron's bankruptcy has brought to light some actions that appear to be at least unethical, if not actually illegal. The effect of the Enron fallout has affected not only the employees of Enron but also the shareholders and many of its offshore plants around the world (India).
Foreign Corrupt Practices Act (FCPA) was enacted in 1977. An investigation by the Securities and Exchange Commission (SEC) in the mid-1970's showed that over 400 U.S. companies admitted to making questionable or illegal payments in excess of $300 million to foreign government officials, politicians, and political parties.…...
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Bibliography
1. "Understanding and Complying With The U.S. Foreign Corrupt Practices Act"
The program focuses on building an ethical culture, but does not appear to specifically address fraud risk assessments, controls over fraud prevention or other SOX provisions.
3) the company currently focuses on training and enculturation to sensitize its employees to ethical issues. One suggestion would be to align executive compensation with the objectives of the shareholders. Options only bring about temporary alignment, so shares or other long-term strategies should be used instead. This will help management to focus on both ethics and profitability. Another suggestion would be to build upon their existing program by creating job-specific training as well as corporate-wide training. This way the scenarios that the workers are exposed to are specific to situations they might see, which will bring the message closer to home.
orks Cited
No author. (2008) Sarbanes-Oxley. American Institute of Certified Public Accountants. Retrieved December 16, 2008 at http://thecaq.aicpa.org/Resources/Sarbanes+Oxley/
No author. (2008). Federal Sentencing Guidelines. Ethics Resource…...
There is a ripple affect that ensues from this as well, reaching out to affect jobs, which affect incomes, which again affect economical aspects.
5. The ethical decision-making framework includes the concepts of ethical issue intensity, corporate culture, and individual factors. Discuss how these concepts influence the ethical decision-making process.
The ethical issue intensity concept is truly foremost in determining the degree by which the decision-making process is extended. When the degree of intensity regarding the ethical issue at hand is substantial, the decision making process is likely to be handled with either more care in its concern or more hastily in its chaos. Factoring in corporate culture, the decision making process will be sensitive to the exact nature of the ethical issue in connection to specifics outlining the concept of corporate culture. Individual factors will contribute to the decision-making process according to the various manners of the specific individual factors,…...
. What do you think about the notion presented by Terris that Lockheed\\\'s ethics program does little to prevent ethical breaches at the highest level of the organization?I somewhat agree with the notion present regarding Lockheeds ethics program. As stated by Terris on page 117, Lockheed Martins ethics program addresses people, but it does not address systems. Here, Terris looks to make that point that ethics programs within the corporation are much more reactionary as oppose to forward looking. Likewise, according to Terris, little is done to oversee the ethical standards of top-level management. In the case of Lockheed Martin, the lower level employees often have standards and procedures to operate ethically, but high-level management often does not have nor even comply with these standards. For one, there is very little oversight and pushback for top level executives in the organization. In many instances the board of directors is subject…...
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References 1. De George, R. T. (1994). International Business Ethics. Business Ethics Quarterly, 4(1), 1–9. Hoffman, W. M., & Moore, J. M. (1982). What Is Business Ethics? A Reply to Peter Drucker. Journal of Business Ethics, 1(4), 293–300. http://www.jstor.org/stable/25071354 3. Sears, B. (2007). Ethics Corner : Building an Ethical Culture from the Top. National Defense, 92(645), 75–76. http://www.jstor.org/stable/453717464. Stafford, J., & Hickey, D. (2005). ETHICS CORNER: Defense Industry Teams Must Consider Conflict-of-Interest Concerns. National Defense, 90(623), 58–59. http://www.jstor.org/stable/453683895. Svensson, G., & Wood, G. (2008). A Model of Business Ethics. Journal of Business Ethics, 77(3), 303–322. http://www.jstor.org/stable/25075564https://doi.org/10.2307/3857554 2.
Ethical Behaviors of Mattel in the Toy Industry
The ethicacy of corporate behaviors are influenced by a myriad of factors yet most strongly reflect the internal culture, alignment of leadership to vision, and accumulated trade-offs made by management over years of ethical decisions, trade-offs and outcomes. In the study Mattel, Inc.: Global Manufacturing Principles (GMP) - A life-cycle analysis of a company-based code of conduct in the toy industry (Sethi, Veral, Shapiro, Emelianova, 2011) the authors successfully provide insights into the moral and ethical dilemmas of operating a multinational corporation (MNC) that is highly dependent on Global Manufacturing Principles (GMP). The life-cycle analysis of company-based code of conduct also illustrates how creating a solid ethical foundation using a Corporate Social esponsibility (CS) platform is only as effective as the aligning of senior management, vision and mission, and manufacturing, sourcing, supply chain and distribution is (Sethi, Veral, Shapiro, Emelianova, 2011). When and…...
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References
Gordley, J., & Cecil, S. (1998). Good faith and profit maximization. Review of Business, 19(4), 11-17.
Heinze, E. (2010). The meta-ethics of law: Book one of Aristotle's Nicomachean ethics. International Journal of Law in Context, 6(1), 23-44.
Kielsgard, M.D. (2011). Universalism and human rights in the 21st century. Asia Pacific Law Review, 19(2), 155-176.
Machan, T.R. (2004). Aristotle and the moral status of business. Journal of Value Inquiry, 38(2), 217-223.
Typical examples might include decisions not to recall products because the potential financial cost to the organization of recalling millions of units is much greater than the potential financial cost to the organization of simply compensating victims of the malfunctioning products or their families where design or manufacturing defects present risks of harm to consumers (Halbert & Ingulli, 2008). hereas organizational decision makers may view the only prevailing moral standard as being that which is dictated by law, the virtue ethicist would reject that approach out of specific concern for each and every potential victim of harm as well as by the profit-motive underlying that analysis (Hursthouse, 2005).
Ethical Perspective Evolution through the MBA Education Program
My perspective has not necessarily evolved during the MBA program. Rather, I would characterize the effect of the program on my ethical development as having greatly increased my awareness that objective moral values and genuine…...
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Works Cited
Halbert, T. And Ingulli, E. (2008). Law & Ethics in the Business Environment.
Cincinnati: West Legal Studies.
Hursthouse, R. (2005). On Virtue Ethics. Oxford: Oxford University Press.
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