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


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Ethics

*****) 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 ***** 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 ***** will ensure that ***** CEO ***** fully committed. From there, having ***** programs and officers is important, both for its symbolism and ***** the practical work they ***** do with respect to many of these other ***** practices. The next few are all around the same with respect to level of priority - training, communication, ***** and codes ***** conduct. ********** four ***** contribute at different stages of ***** ethical decision ***** process. Lastly, the reinforcement systems must be in place. They are not as ***** ***** doing it right ***** first time, but ***** ***** necessary nonetheless. This refers to whistle*****blowing mechanisms ***** discipline of viol*****ors.

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

***** other re*****on why outcomes should be the guiding principle is *****cause one of the most significant sources of ***** problems for companies is front-line managers. These low-level managers face strong pressure ***** above, but are generally not ***** firm's best *****-makers. As a result, they 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 ***** wants them to do. ***** a result, poor ethic*****l decisions are made. If ***** ***** the ***** principle, *****y would be better equipped to resist the pressure, knowing the outcomes ***** their actions ***** be negative and that this supercedes

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