FIN301 week 3 assignment

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University Of Arizona *

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301

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Finance

Date

Feb 20, 2024

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docx

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7

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Case Study: What’s Wrong with this Picture? Jasmine Gallagher University of Arizona Global Campus FIN 301: Ethics For the Finance Professional Instructor: Susan Gould January 29, 2024
Introduction Green Company has asked me to consult on designing an effective ethics communication and training program that will nurture ethical culture in the organization. The goal is to provide the employees of Green Company with a comprehensive understanding of the organization's expectations, values, and ethical behaviors. There have been some challenges and considerations that are needing careful analysis and strategic planning. The Green Company has given me about a month to write a code of conduct for the company and a mission statement and prepare presentations for senior managers to give to employees. This paper will identify the problems presented by this case, explain why the corporate counsel has responded in this manner, define the ethical obligation of a consultant, and explain how to proceed in this case. Identify the problems presented by this case based on what you know about developing ethical cultures and programs. Not being able to speak to any of the employees or the top senior managers is the biggest problem that I face. Not being able to speak to the employees poses a challenge in not being able to gather information on the types of ethical issues that are occurring, or be able to observe the culture of the company. The executive leaders are a big part of the company “how they behave can affect the entire organization's culture” (Trevino & Nelson, 2023). Being instructed to write a code of conduct and mission statement without sufficient input could “result in a document that does not accurately reflect the company’s values” (Kaptein, 2011). In order to address this issue, it may be necessary to “gather information from other sources, involve high-level managers in the development process, and delay presentations until sufficient input has been gathered” (Weaver, et al., 1999).
Explain why you think corporate counsel responded in this way and what your response will be, if any. There are various reasons as to why corporate counsel responded the way they did. The first reason is maybe they are hiding something and do not want to find out. This essentially defeats the purpose of having me consulting for the company. Another reason is there is a possibility that the senior managers themselves just did not want to communicate and instructed the employees not to be talked to either as they did not actually want my assistance. In this instance, I would respond that it is crucial that I have the ability to communicate with any employee or person of management as it is an important part of the process to develop an effective ethics communication and training program. Discuss how you will ensure that the ethics communication and training program accommodates the diverse perspectives and experiences of employees from different backgrounds, including considerations for diversity, equity, and inclusion (DEI)? Organizations have each designed an ethics communication and training program. Diversity, equity and inclusion training programs teach employees at all levels to uncover, identify and correct for biases or prejudices that have kept people from underrepresented groups from being hired or promoted in the workplace. Getting these programs to be successful can often be difficult and take hard work. Implementing things like “developing norms of cooperation and collectivistic norms, where people are focused on the good of the group instead of their own individual needs, hiring transformational leaders who inspire people to achieve their best, engaging in effortful cognition as a team: being thoughtful and open to new experiences,
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