The requirement of signing the code is one of the best ways to implement it because there is then proof that all employees have received it. It is important, however, to hold an employee meeting and go over the code of ethics so that employees can ask questions, clear up any concerns, and make sure that they understand the code. If the business has individuals working there that do not have English as their first language, printing copies of the code in other languages to accommodate employees will help these employees understand the code and will also show that the employer made the best and most thorough effort to ensure that everything was understood by everyone. Implementing a code of ethics is not easy, and people sometimes forget to follow the rules, so there also needs to be some leniency in the beginning, depending on the infraction that was committed. Verbal reprimands and written reprimands can be used, but serious offenses still must be treated quickly and severely to keep them from reoccurring, especially for serious issues such as sexual harassment.
Conflict has a lot to do with how diverse work groups have become over recent years, and this is definitely true where ethical issues are concerned. It was not long ago that organizational decision making groups could be expected to be comprised almost exclusively of white males, since this was the majority of the white-collar workforce. Now, both males and females hold these positions, and many are African-American or other minority racial or ethnic groups in these positions. While this makes for a great deal of diversity in suggestions and decisions, it also makes for a great deal of conflict because cultures and ideas often collide (Pelled, et. al, 1999).
Naturally, there will likely be reactions to the implementation of the code - and not all of the reactions will be good ones. People often do not like changes being made to something that they are used to, and most people -especially those that have been there for a very long time - will resist these changes. It will be the job of those that run the company and those that work in human resources to ensure that the code is implemented properly and...
The second step is to initiate a supplier code of conduct. The greatest potential for ethical violations falls with suppliers such as agricultural firms or offshored service providers, and these violations can result in negative publicity for the company. Ultimately, it is not expected that these ethical standards will form a competitive advantage for the company. Having high ethical standards is more of a hygiene factor in that it is
Code of Ethics FedEx's Code of Business Conduct and Ethics is available in pdf format at http://fdx.client.shareholder.com/common/download/download.cfm?companyid=FDX&fileid=138778&filekey=6b957b1f-ac83-4b37-835b-8b24e63b338f&filename=code.pdf A system of inquiry is a series of questions that are used to determine the ethics of a situation. The system of inquiry covers a wide range of subjects including decision-making, problem solving and behavior in a business setting (Ganly, 2010). The first step will be determining the who. FedEx's system of inquiry should involve
Any effort that detracts from that objective -- unless that effort is explicitly authorized by the shareholders -- is therefore a breach of duty. The managers of the Company must therefore have the objective of upholding their duty to the shareholders, within the confines of the law. BP will therefore not be providing research funding, compensation or any other form of assistance to the fishermen, without judicial or regulatory
company code of ethics for Boeing. In this document I will explore Boeing's code and attempt to reveal important items relevant to understanding how a functional code of ethics may be applied to a large organization. I will first describe a general background of the company to help provide context in this evaluation. Next, I will give an overview of the code of conduct and highlight important details that
Code of Ethics Development Description: Begin by preparing a code of ethics for a fictional company, which should include a minimum of 10 elements. Once you have compiled the code of ethics, respond to the following questions: 1. Why did you include each of the 10 elements? 2. Why is a code of ethics an important part of every business from an employer standpoint? 3. Why is a code of ethics
Business Ethics Every company has corporate governance initiatives in place. Consider that corporate governance simply refers to how the company is run and controlled. The current usage of the buzzword derives from the issues that a few companies had where executives or managers were not subject to appropriate levels of governance. Thus, the guidelines issued recently by the OECD, the ASX, the Combined Code and in Sarbanes-Oxley serve to institutionalize stronger
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