Organizational Ethics and Corporate Social Responsibility
A. Create three corporate policies that reflect the organization’s culture and ethical viewpoints
· Encourage the empowerment and engagement of all employees in corporate decision making
· Collaboration within the workplace at all times and leadership development
· Active involvement and participation in the communities in which our business operations are present
1. Explain the rationale behind the policies, including how they align with the organization’s culture
· The rationale behind the corporate policy on employee empowerment and engagement is linked to the fact that when employees are engaged at the workplace setting, they end up feeling and having a connection with the connection. It brings a sense of what they are doing in the corporation is important and therefore opt to work harder. This is in alignment with the culture in terms of reducing employee turnover, increasing employee commitment and also increasing employee productivity (Albrech, 2011).
· The rationale behind the corporate policy on collaboration and leadership development is linked to the fact that collaboration and development of leaders precludes obstacles and aids in the implementation of projects devoid of any problems. The development of leaders aids in gaining the proper direction for the business and cooperation facilitates placing values on the ideas and opinions of all members of the team (Rubin, 2009).
· The rationale behind the corporate policy on active participation in the community is linked to the fact that it facilitates better brand recognition, positive business reputation in the society, and also aids in increasing sales revenues and consumer loyalty. Furthermore, such community involvement facilitates greater capability to attract talent and retaining members of staff and most of all leads to better financial performance (Doda, 2015).
2. Distinguish between ethical...
Notably, ethical standards are centered on an individual’s belief of what is right and what is wrong versus the legal benchmark, which is basically, what is written down in law. In essence, ethics can be delineated as the moral principles and criteria that direct what people ought to do and ought not to do. Chiefly, the law orders what persons can and cannot do. In a simple manner, despite the fact that an action may be deemed as being unethical, it...…involvements
2. Describe an ethically, socially, and environmentally responsible course of action to address each example from part B1 based on the company’s culture and core values.
i. TechFite should pay the top executives bonuses that are rational. More importantly, the executives should not be paid bonuses if the company does not have sufficient funds
ii. TechFite should not restrict employees’ working hours in order to limit the benefits obtained
iii. TechFite should commit to community investments that are possible to implement and fulfill
3. Explain how the course of action from part B2 is ethically, socially, and environmentally responsible.
i. This course is ethically, socially, and environmentally responsible in the sense that the company will be giving out funds that are sensible and rightful. In a social and environmental sense, the company will be able to free up funds for community investment.
ii. Employees are important assets to the organization. This course is ethically, socially, and environmentally responsible because the employees will be given the hours, payments and benefits that are due to them.
iii. This course is ethically, socially, and environmentally responsible because the company will be able to make investments to the community and at the same time…
