Summary: Balanced Experiential Inquiry

During the announcement of the seventh annual list of most ethical companies in the world in 2013, Alex Brigham of Ethisphere, noted that more companies find that ethical business practices increase their competitiveness in their respective industries, helping to further substantiate the notion that a culture of ethic is crucial to sustainable excellence (Smith, 2013). Researchers in the field of Organizational Behavior has found that employees are subjected to an environment of ethical dilemma constantly. During such moments employees have a choice either to pursue with ethical conduct or engage in an unethical behavior which results in harming the organization or its stakeholder (Trevino & Brown, 2004). How the employee behave greatly depends

The survey was performed in 2010 involving members of the Ethics and Compliance Officer Association (ECOA). They focused on the evolution of business ethics by analyzing six other studies over a span of two-and-a-half decades. Members of the survey were ethics manager, but members on the previous studies were regular employees and management. The results of the analysis of the previous studies showed that ethics programs in companies during a time span of the 1980’s through the 1990’s was used to show social responsibilities and not necessarily to enforce it throughout the company. It showed that ethics programs now that companies follow ethical laws and they are motivated to be ethical. Another result of the study showed that ethics training at companies has increased since the 1990’s due to the passing of Sarbanes-Oxley and other laws directed at ethics. The passing of the laws in the early 2000’s has led to ethics being a major component of everyday

An initial new hire and employee ethics training has to be develop and administered. Also on-going ethics refresher training for use throughout the employees career with Company Q will need to be incorporated in the program. Systems will be developed and put in place to monitor, audit, and report ethics violations. A time-line to re-evaluate these programs and their effectiveness towards meeting the companies social responsibility goals will be established. Based on the evaluation a revision or revamp of the program if necessary will be initiated. The ethics program needs to be reviewed and understood by all employees and expectation for compliance very clear. This can be accomplish by tying compliance in some form to employees and leadership individual performance goals. Shareholders all the way down to entry-level employees will benefit from the ethics program which will also put the company on track to being more socially responsible. Once a code of ethics is in place and training has been given, then Company Q can begin developing trust within the company and employees as well as the community. Continued education and training will enable the company to become more socially responsible.

Every business develops a set of ethical principles that they abide by. The business ethical principles intentions: it construct the business certainty in the community , maintain the employees liveried in what the business attempt to have as structural conducts and aid the employees consume principles to make ethical choices that guards the business. In a culture with a diverse assessment structure and augmented judgment visibly by companies with changeable ethics and interests, there appears to be further difficulties on business individuals to make tougher ethical assessments. In our day-to-day performances, we depend on on our ethical principles to monitor us in the correct path and do the correct things. The substance of any efficacious and perpetual business is they segment a mutual ethical matter concentrating on presenting and generating value along with allocating their business values with the citizens they network with on a day-to-day basis.

The business ethics programs I believe will convey our company values, these are often stated in a code of conduct, where employees will have to follow and understand policies to guide decisions and behavior. This recommendation I am giving will require employees at INDE to participate in extensive training as as well evaluating situations where ethical dilemmas can arise and lead to crisis such as the one we are facing currently. However, the ethics program will be useless if all staff members aren’t trained about what it is.

Ethics training is to be provided to each and every employee on an annual basis. New employees are expected to take this training within the first thirty days of their start date. Failure to successfully complete training will result in disciplinary action up to and including

In difficult financial times, companies face various moral issues to try to keep up with their competitors. Although these issues have a direct impact on employee decision making, businesses rarely address how employees should assess the ethics of their actions and incorporate ethics into their decisions. Often this can be alleviated by creating and maintaining a corporate culture with a focus on

The first challenge with developing a cutting-edge ethics program was training in a global organization. Training needed to reflect the geographic region and address issues where the company would find a subject morally significant but the general population would see as the status quo. For example, corruption is very common in the Russian economy and bribery is often part of doing business. Bribery within a globalized organization degrades its ethical reputation and can even be legally prosecuted back in the United States. Another example is that some Asian countries such as Japan and China have a culture where employees do not report the wrong doings of supervisors or the organization as a whole. The ethical concept of power distance within a culture says that a person does not challenge the higher class and following the status quo is the norm (Treviño & Nelson, 2007). Obviously, a work force not dedicated to the improvement of the organization’s products and services will fall behind the competition.

Ethics is important to everyone for the society as a whole. Whether it is in a person’s professional career or personal life, ethics and morals play an important role. The key to an organization’s success is the way they handle business ethically. Although it is not always simple to do the right thing, it is something that must be done. Conducting an Ethics Awareness Inventory is a way someone can learn how they as individuals see ethics; what is important to them the most, and what is important to them the least. I completed this inventory, and will discuss how it relates to my

It finally has been acknowledged that simply taking an ethics class does not provide the same level of experience as providing a more integrated approach to ethics within the learning process of a student within graduate business school. Gaining the ability and competence to understand ethics is only first step to what awaits the new leaders who will be required to live an ethical life but also sustain and encourage a corporate ethical environment from which staff can also make ethical decisions. The recent financial scandals along with the younger generation’s concerns for the environment has elevated and renewed the importance of corporate leadership in providing more transparent and straightforward accounting reports as well as addressing other issues that do not encourage a culture of ethics within their organization. Wrongdoing should be addressed and ethical decisions need to be encouraged and supported instead. CEOs and board members are just beginning to present themselves and their organizations as ethical decision-makers who are responsibly provide good and wise solutions for stakeholders of the company. In the Journal of Business Ethics, “Business Ethics in North America: Trends and Challenges” the authors reviewed and

There should be training on ethical behavior for all everyone in the organization, including executives, managers, and employees. The ethics program is essentially of no use unless all staff members are trained about what it is, how it works and their roles in it. All staff must be aware of and act in full accordance with policies and procedures, so it is imperative to make ethical training mandatory for all employees from the top down in order to set a good example that specifies no employee is above the law. Training should permit all employees to become familiar with the company's code of ethics, and also include topics such as responsibility, respect, impartiality, trustworthiness and empathy. The ethics program is essentially useless unless all staff members are trained about what it is, how it works and their roles in it (Complete Guide to Ethics Management: An Ethics Toolkit for Managers, n.d.).

In the workplace as well as one’s personal life is essential for ethics to be maintained; often taking the right action is not always the most popular choice. It is important for maintaining an upstanding ethical code of conduct to be a productive individual as well as function as an employee in the workplace.

Intro to Ethics Business Ethics are an important part to any organization. If a business doesn’t practice good ethics, they will not be successful because of their image perceived by the public. Ethics is the branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct. What the definition says is it’s more of a decision of right vs. wrong, ethical or unethical.

“It’s never wrong to do the right thing” (Twain, 2015, p.1) So many times in corporations people try to cut corners to get a job completed, however, this can create serious issues. The people that are training you will try to convince you to follow the procedures they teach even if they are violating corporate policies. There are those that look only at the bottom line and may bend the rules, set up to protect employees, stakeholders, and the company. Based on that, you have to make a decision on what path you will follow status quo or doing things the right way. Sometimes, many may not recognize an unethical situation, till it’s too, hence why it is encouraged for all companies to implement an ethical training course at least once a year. According to Chaplais, Mard, and Marsat (2016), by implementing ethical course for employees, the training can increase the ability to recognize an ethical dilemma and can potentially limit the intensity of the situation. Even though in some instances, things can be done quicker by not following proper procedures, making ethical decisions is good for business, because of the liability placed on businesses by unethical decisions.

In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important