Leadership has been directed by the ethical beliefs and values. It has been found that the dignity and right of the employees have been expressed by the ethics of leaderships. In this assignment the chosen organization for study is Citibank. Citibank was started in the year of 1812 at New York City. They started their business in New Zealand in 1902. It has been observed that Citibank has developed their code of ethics and the management has taken the help the code of ethics to control the functions.
1. Ethical leadership and culture:
1.1 Ethical philosophy:
The various management departments such as operation management, human resource management and project management has implemented the decisions, programs and policies after evaluating the guidelines of the ethical policies of the organization. It has been observed that the Chief Executive Officer of Citibank has claimed that the organization has maintained the highest possible standard to gain the trust of its employees. It has been observed that leaders have maintained strong cultural ethics and responsibility in the workplace. The leaders have develop an ethical culture and set a new value proposition. It has been noticed that leaders of Citibank has implemented the case based training session for the employees and created an informative ethics content from the leaders.
The ethics of the organization has been formed from the combination of interests and different backgrounds. The ethics have been developed on a
There has been increasing numbers of concerns with the ethical leadership of organizations due to historical problems with company’s downfalls due to management. The unethical conduct of leadership is typically found when the organization does not enforce the ethical climate once determined as important. The paper focuses on different approaches for strengthening the leadership for the organization and enforcing the ethical climate. In addition, the important factors for a strong ethical climate are derived based on a solid foundation for an the organization’s policies and procedures and code of conduct. Organizations can accomplish ethical leadership and behaviors by enforcing and practicing the code of conduct and having a high level or integrity in the leaders that run the organization.
Under this task I will explain the ethical issues that business needs to consider in its operating activities and how a business they could improve the ethical of their operations and also I will evaluate the influence of stakeholders exert in one company.
Ethics must begin at the top of the organization. It is a leadership issue and the Chief Executive Officer must set the example. The organization is a group of people that are essential to meet a goal. This would be my group the Vietnam Veteran Readjustment Organization. The purpose of this group would be to assist the Vietnam Veteran in adjusting to none military life. The members of the group will be the veteran and their family members.
In this paper the Code of Ethics from the Department of Human Services will be discussed. General information about the company, the company’s mission statement, the type of ethical system used by the company and how and when the company uses it will be talked about. Thoughts of why the company may need to modify their existing code of ethics will be included, reactions to the code of ethics that employees and managers may have and the acceptance of the code of ethics within the company and affects it has.
On September 8 2016, the Consumer Financial Protection Bureau (CFBP) announced that it was taking an enforcement action against Wells Fargo Bank . Wells Fargo is a Fortune 100 company and one of the "Big Four Banks" of the United States. Investigations conducted by the Bureau revealed that employees of the bank created unauthorized deposit and credit card accounts across the country to meet sales goals. Over the years, the bank’s employees opened over 1.5 million fraudulent bank accounts and 0.5 million fake credit card accounts for customers, to meet sales targets and obtain bonuses. The affected consumers, were being harmed by the associated charges and fees for these accounts. The fees include insufficient funds or overdraft fees for the deposit accounts and annual fees for credit card accounts.
This paper will obtain information about a researched issue that deals with business ethics. The paper will include a summary of the Article and issue. This paper will also touch on the following topics, what seems to be the basis of the issue, what ethical change, deficiency, or conflict brought it about, and how did the organizational leadership come into play. The paper will conclude by proposing a plan for revising the ethical standards and
The observational study shows that there are some factors that lead to ethical misconduct within the company. First, working in financial services company tends to be challenging for the employees. This makes the employees feel like being in a competitive environments that make them struggling to be more successful and do anything to be the best. Consequently, people are more likely forget about ethical behavior and undervalue code of conduct. However, business knows the importance of integrity and how it makes difference in
The company’s code of ethics required the employees to obey all safety laws, health and environment regulations. To conduct themselves in the community with good citizenship with in the corporate surroundings. Appropriate accounting was established for internal controls and record keeping to meet both legal and business requirements. Employees are expected to follow the policies and controls set by the accounting principles.
In a National Nonprofit Ethics Survey, the Ethics Resource Center categorizes an organization as having a strong ethical culture when top management leads with integrity, supervisors reinforce ethical conduct, peers display a commitment to ethics, and the organization integrates its values in day-to-day decision making (Berger
I agree with what the videos say that ethical leaders have both individual as well as organizational responsibilities. As to individual responsibility, if an ethical leader acts ethically, he will inspirit other people to follow him as an example. If leaders act unethically, subordinates will copy these unethical actions. The videos show that personal examples set by firm leaders is the single factor that has the biggest impact on ethical culture of a firm. As to organizational responsibility, leaders should organize and manage the culture of their companies so that they can urge their subordinates to act ethically.
In this article the authors take the approach of analyzing three famous ethical theories. They look at the ethics of virtue by Aristotle, Immanuel Kant’s deontological ethics, and John Stuart Mill’s utilitarian happiness principle. They explain what each of these great thinkers argued constitutes moral behavior as well as their thoughts on what drives such behavior. They then apply these concepts to ethics training programs of modern day corporations. In short, one must have an understanding of the impetus of people’s ethical behaviors in order to implement an appropriate program to cultivate and reinforce the desired organization’s ethics.
Today’s business world presents numerous ethical issues. In today’s world above board/moral ethics in organizations do not often materialize intuitively. Organization must strive to provide employees with a clear understanding of the overall company vision. This will aid employees in practicing the code of ethics, policies and procedures in the workplace. Companies must be unwavering in continuously delivering the uppermost ethics of provision in which customers, applicants and employees are entitled to under fair business practices. One major core value is to uphold responsible and fair business practices.
This study will explore ethics as a whole pertaining to individuals who work for a corporation as well as the managers or executives who run and operate the company. Moreover, this study will also explore how your own ethical behavior in your personal life can affect you in your
To begin the process of developing a practical ethical system, you want to emphasize the need for the providers/leaders to identify and develop their perspective. This step is crucial preparation for those instances when personal beliefs about what is ethical clash with the organization’s inclinations, as give then choice by someone who is their boss. Without this previous
The purpose or aim of every organization is to establish such an organizational culture and behavior among its employees that helps in achievement of ideal ethical standards. There are certain determinants that play a critical role in helping achieve the right organizational culture. Some of these include personal moral intensity, social ties, codes of ethics, locus of control and Machiavellianism. These