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There are at least four elements that aim to create an ethical culture and behavior of employees within an organization. These elements are: a written code of ethics and standards (ethical code) ethics training for executives, managers, and employees; the availability of ethical situational advice (i.e. advice lines or offices)
Business ethics (also known as corporate ethics) is a form of applied ethics or professional ethics, that examines ethical principles and moral or ethical problems that can arise in a business environment. It applies to all aspects of business conduct and is relevant to the conduct of individuals and entire organizations. [1]
In its 2007 International Good Practice Guidance, "Defining and Developing an Effective Code of Conduct for Organizations", provided the following working definition: "Principles, values, standards, or rules of behaviour that guide the decisions, procedures, and systems of an organization in a way that (a) contributes to the welfare of its key stakeholders, and (b) respects the rights of all ...
Unethical behavior in the workplace is a very important and consequential issue that has the ability to decrease employee morale and productivity of the individual, group, or company in many organizations. Some examples of unethical behavior could be gossiping about a colleague behind their back, taking time off work by lying about a sickness ...
Professional ethics encompass the personal and corporate standards of behavior expected of professionals. [1] The word professionalism originally applied to vows of a religious order. By no later than the year 1675, the term had seen secular application and was applied to the three learned professions: divinity, law, and medicine. [2]
A code of practice is adopted by a profession (or by a governmental or non-governmental organization) to regulate that profession. A code of practice may be styled as a code of professional responsibility, which will discuss difficult issues and difficult decisions that will often need to be made, and then provide a clear account of what behavior is considered "ethical" or "correct" or "right ...
This is typically done by leaking the ethical concerns to the general media. Such an act is known as whistleblowing . Whistleblowing : After using all available means for working within the system, an employee of a governmental agency reports a problem to other governmental agencies or to the general public directly.
People may have to be selected and terminated in terms of their fit with the new culture. [77] Encouraging employee motivation and loyalty is key and creates a healthy culture. Change managers must be able to connect the desired behavior and organizational success. Training must be provided to employees. Develop ethical and legal sensitivity.