Because if their values are incompatible, neither the organization nor the individuals working for it can benefit, paving way for the ethical issues to emerge and providing leeway for affected productivity to dominate the working set-up (Drucker: 65).
The aforementioned considerations give birth to the concept of need for ethical values to be incorporated in the value system of an organization as well as to be inculcated in the personnel for the betterment of the society as a whole. Hence, the above discussion leads us to the following definitions essential to proceed our analysis based on the extensive research. However, due to the vast scope of the topic as well as for the reader's better and convenient comprehension, our research paper has been divided into six distinct parts where each section introduces a new concept and discusses a related topic in detail. All parts of the paper are further divided into sub-sections, highlighting important aspects related to the main topic. The paper begins with some of the significant definitions relevant to the gist of the topic.
In order to study the cause and effect of an ethical value system of a workplace, let us first look into the lexical meanings of the terms ethics and organization and the relation between them. ...
Firstly, an organization is a workplace where both the parties that is the employees and the employers work hand in glove to reap benefits, generate profits and form integral parts of an entire system to do business. Secondly, organization is a structure managed and organized by the administrative authority and is based on certain rules and regulations. Thus the above chain of definition leads to the following definitions of the term "ethics". Lexical meanings of ethics are many but the ones that are relevant to our research paper are briefly discussed below:
Ethics are the "rules or standards governing the conduct of a person or the members of a profession" (Webster's Revised Unabridged Dictionary) or ethics are defined as "a set of principles of right conduct" as well as "a theory or a system of moral values" (Webster's Revised Unabridged Dictionary). Hence, these carefully formulated rules and policies determine "the actions or reactions of a person in response to external or internal stimuli" thereby energizing behavior of the employees and motivating them to perform accordingly (American Heritage Dictionary).
Hence, all the reactions to an action as well as the rules and the policies drafted and the amendments made from time to time all form a fundamental part of the term ethics. In short, the people working for and the individuals owning a workplace form an organization where all are bound to obey the policies, rules and regulations constituting the social value system of an organization. Nonetheless, adhering to the ethical values and compelling people to do the same is not an easy job. However, the growing agitation among the employees and the continuing unrest in the corporate world reveals that organizations today world