A business’s approach to ethics depends on the tone set at the top management level. Here tone means the quality and style that characterize the organization’s behavior. Corporate Ethics of the company, through its employees, displays towards all of it stakeholders and manifest itself in how it conducts its business.
Following is a nine step program for developing corporate ethics.
- Find a champion
- Member of the board who is prepared to introduce the business ethics policy
- Identify core values
- Ensure your company has established the core values. If not you have to identify them
- Secure endorsement of the board
- Board must regularly review the operation of corporate ethics
- Find out what bothers people
- This is to identify issues on which employees need guidance.
- Pick a well-tested model
- Use a framework
- Produce a code of business ethics
- Try it out first
- Issue the code and make it known
- Make it work
Putting in a code of ethics support a business, because it’s an integral part of building a culture within an organization. By following the best practice and developing a code based on shared core values, it can become the glue that cements the company together.
2 comments:
Hmm.. its seems to be simple and eazy to understand. Thats good.. Write more articles.. :)
seems you are pretty interested on management stuff.Hope You'll come up with more and more postings.
koooool
Post a Comment