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Ethical behavior in an organization - Essay Example

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How can an organization achieve and maintain a pattern of ethical behavior? One of the ways in which an organization can achieve and maintain a modicum of ethical behavior is by adopting a Code of Ethics. The Code of Ethics adopted by a business organization reflects its approach to business and also defines it's values and standards…
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Ethical behavior in an organization
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Ethical behavior in an organization

In other words it acts as the road map or set of guidelines to help the firm in acting and conducting itself in a socially and commercially acceptable manner. A well designed code of ethics will help highlight the resources available to achieve various goals set at the personal and corporate levels. A good code of ethics document will inspire confidence in all associates – like suppliers, clients and employees. Equally important is liaising with regulators, which is often overlooked amidst other pressing priorities. It is understood that a regulatory atmosphere conducive to fair and competitive business can help raise ethical standards of all parties involved. It is important that the code of ethics document exhibits a keen awareness of this reality. This would imply foresight and visionary thinking on part of its planners. (Blackburn, 2001) But it is crucial to understand that the entrenched profit-motive of many business organizations make ethical behavior hard to implement. A case in point is the Public Relations industry which offers its services to other manufacturing and service industries. The concept of marketing commodities in a consumer market had long drawn the criticism of ethicists. On a broader perspective, the inherently weak moral imperative of capitalist culture makes this outcome inevitable. ... Read More
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