Standards Of Business Conduct And Ethics Essay - 2059 Words

Standards of Business Conduct and Ethics The core of every organization is its workforce, and the effectiveness of the people within the workforce is fundamentally based on the strength and adaptability of the organization’s culture. At the inception of the organization, the character, personal morals and ethics of the founders will influence how the organizational culture develops as the company grows. Today, the business world is rapidly evolving and adapting to new technologies, globalization, and increased multi-national corporations and business partners. It is imperative, given the likelihood of business people to interact and partner with culturally diverse workforces, that organizations develop clear standards of ethics and policies that state the standards of conduct that are expected of their workforce, regardless of where they may be doing business in the world. Failure to write and implement those policies will leave the organization with a weak and undefined culture that is open to conflict. Organizations must be aware of the state of their culture and constantly be building and strengthen that dynamic entity of the company as newcomers are absorbed. The policies and standards must be clear and shared openly with all current and perspective employees. The leadership must also be aware of their influence and provide their employees with a model of behavior that communicates the values and expectations of the organization that will follow the membersShow MoreRelatedEthics And Code Of Ethics1043 Words   |  5 PagesEthics are concerned with how human been ought to act given a certain set of condition. The ethics govern an individual while making decisions especially when multiple choices are represented. 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