¶ … Raytheon Corporation: Code of conduct and ethics
Prelude:
Raytheon Company is a well reputed technology and innovation company which deals in security, defense and civil marketson a global scale. It has a rich and bright history of 92 years and continuing, Raytheon can provide top of the line electronics, integration of mission systems as well as other capabilities indicated below:
• Sensing capabilities
• Effects
• Command and control
• Communications
• Intelligence systems
• A diverse array of mission support services
Raytheon was one of the first startups, which were founded in Cambridge in Massachusetts Institute of Technology on July of 1922. It was started as an American appliance corporation (Raytheon Company, 2014).
The founder of the company was three associates namely:
• Vannevar Bush (future dean of engineering department of MIT)
• Charles G. Smith (scientist notable for his work on electrical characteristics of gases)
• Laurence Marshall (an engineer)
Their initial innovation was nothing short of extraordinary. It was S. gas rectifier tube, which eliminated the usage of pricey battery running home radios. Raytheon shifted to the frontlines of innovation of the electronic sector. Raytheon Corporation was instrumental in World War II services. Subsequent to World War II, its employees fortified and strengthened its market reputation for innovation. Now, it is the household name for global technology leader which provides special services to:
• Homeland security
• Defense and military forces
• Government off shoots (Raytheon Company, 2014).
Code of Ethics:
Code of Conduct is also known as Code of Ethics and Business is the company's mandate which is firmly based in:
• Loyalty
• Integrity
Respect
It consists of policies and standards which enable our sustenance and existence as a company on the whole (CCA, 2005).
Guiding principles:
Raytheon is dedicated to working with highest level of brilliance, uprightness, impartiality and integrity. The employees of Raytheon are fully committed and duly responsible for taking actions and making actions which strengthen and fortify their commitment to their mission statement. The governing principles of Raytheon as written below (Akamai Technologies, 2014): Below are the governing principles of Raytheon (CCA, 2005).
Be honest and ethical at all times. Taking the right course of action with noble intentions
Be trustworthy and competent. Develop strong relationships
Treat the colleagues as equals and offenders likewise. The authority allotted must be valued.
Work wholeheartedly in our occupation, fulfill responsibilities and commit to each other
Ensure every work procedure and action is safe. With necessary training, skill and courage, communities are protected. Care for each other and other individuals.
Deliver stellar correctional services daily. Offenders are offered better programs to help them.
The employees are responsible for all actions. Recognize interests of a customer.
Become great problem solvers
Work with partners and communities on an equal level with zeal and dedication.
Keep our promises
Competitive, unbiased and fair rates are provided to partners. Value is delivered to investors
Accept the heritage of initiator and leader of adult private corrections
Think differently and bravely. Put emphasis on being resourceful
Listen carefully and share information. Be open and honest and work to enhance efforts
Nurture, share and inspire each other every day. Don't degrade others as synergy brings results
Code and its purpose
Raytheon's Code of Conduct lays the foundation of the Company's obligation to the highest principled standards. The people of the company have worked very hard to maintain a culture which revolves around integrity. The Code formulates thepathway andassistance for the conduction of business of Raytheon's world-class people on part of their customers around the world. The company understands the content of the Code of Conduct is very crucial and important to the success and vivacity of the company. It provides the guidance for planning out decisions which are It helps us make decisions that are not only operative but in accordance with the values and principles that are very dear to us.Raytheon's values are the establishment for our Code of Conduct. The workers at the company gain guidance from the code about the business behavior which is expected from them as they work and communicate with the fellow employees, customers, suppliers and stakeholders. The code is applicable to everyone working under the company such as the Company directors, officers and employees. In certain aspects it also applies to dealers, advisers, councils, and representatives. The Code encompasses the fundamental principles which guide us in running the business and emphasizes the responsibilities that revolve around the protection of Raytheon's reputation (Raytheon Company, 2014).
It is the responsibility of employees to practice...
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