Essay - Ethics 1) the Best Practices for Improving an Organization's Ethical...


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Ethics

1) The best practices for improving an org*****ization's ethical climate are having ethics programs and officers; having realistic objectives; having ***** decision making processes; having codes of conduct; disciplining violators; ***** oversight from board ***** directors; conducting ethics audits and risk assessments; communicating effectively; engaging in ethics training; having corporate transparency; and installing whistle-blowing mechanisms. Of these, the most important is oversight ***** the Board of Directors. Ethical management begins with commitment from the top, and the Board will ensure that the CEO is fully committed. From there, ***** ethics programs and officers is important, both ***** its symbolism and for the practical work they ***** do ***** respect to many of ***** other best practices. The next few are all around the same with respect to level of priority - training, communication, ***** and codes ***** conduct. *****se four all contribute at different stages of ***** ethical decision ***** process. Lastly, the rein*****cement systems must be in place. They are not as ***** as *****ing it right the first time, but ***** ***** necessary none*****less. This refers to whistle-blowing mechanisms and discipline of violators.

3) The two main ethical principles are consequences/results and duty. The ***** important of these in bus*****ess is consequences. There are a couple of re*****ons for th*****. One is ***** outcomes are what the public sees. There*****e, it is the potential outcomes that should ***** ***** guiding ethical *****. Ethics are mainly a problem in business when a company is perceived as unethical. Monsanto is a gre*****t example - ***** people have any ethical *****s ***** this company, so their lack ***** ethics does not impact ***** ***** prospects.

The other reason why ***** ***** be the guiding principle is *****cause one of the most significant sources of ***** problems for companies ***** front-line managers. These low-level managers face strong pressure from above, but are gener*****y not the firm's best *****-makers. As a result, *****y make poor decisions in response to pressure. If these managers were guided by duty as their main ethical principle, they would respond to ***** by doing whatever they feel senior management wants them to do. ***** a result, poor ethical ***** are made. If outcomes ***** the guiding principle, they ***** be better equipped to resist the pressure, knowing ***** outcomes of their actions would be negative and that this supercedes

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