HLT-312v Week 1 Discussion 1

What is ethics? Why is it important? What does it mean to be ethically fit? After reviewing the major theories of ethics, with which perspective do you most agree and why? What guides your moral decisions?

 

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Importance of ethics and ethically fitness

Introduction

Ethics is a requirement of good governance and compliance with the law. A strong ethics program is a core element of an organization’s culture. Ethical atmosphere is good for business and has a positive impact on employees and customers. An organization whose leaders take ethics seriously is more likely to be ethical. All organizations will fall short of their values and need to have a way to manage conduct that does not meet expectations. The strength of an ethics program can be tested by crisis or scandal—when this happens, employees can evaluate whether they want to stay in such an environment or move elsewhere where ethics are valued more highly than profits on Wall Street or Main Street America.”

Ethics is a requirement of good governance and compliance with the law

Ethics is a requirement of good governance and compliance with the law. An organization that does not comply with the law can face severe penalties, including loss of business licenses, fines, and jail time.

In order to be ethical you need to have an understanding of what you are doing and why it’s important for your organization. Your employees will explain things to you when they see that their actions are unethical or illegal.

Strong ethics program is a core element of an organization’s culture.

Ethics is a core element of an organization’s culture. An ethical program is one that strives to:

  • Create trust, respect and integrity among employees at all levels;

  • Respect individuals’ rights and dignity;

  • Promote good decision-making;

  • Support the needs of others and their right to be heard by management.

Ethical atmosphere is good for business and has a positive impact on employees and customers.

Ethical atmosphere is good for business. It’s important to have a strong ethics program in your organization, as ethical climate can be achieved by having strong ethical standards and making sure that employees know what those standards are.

Ethical atmosphere is good for employees and customers. Employees want to work for an atmosphere where their actions will be respected and valued, so they will do their best to contribute positively toward the company’s goals. Customers can benefit from companies that treat them with respect because it makes them feel valued as people who matter, which leads them to spend more money with those companies than they would at other businesses that don’t show this same level of concern toward customers’ needs and feelings (or lack thereof).

An organization whose leaders take ethics seriously is more likely to be ethical.

Leadership sets the tone for an organization. When leaders act in public and private, they set expectations for their employees. Leaders who engage with their employees on a regular basis are more likely to be open and transparent about their actions and decisions, encourage open discussion of issues facing the workplace, listen carefully when feedback is given by those under them, consider ideas from all sources before making a decision or taking action (including asking for input from outside parties), seek ways to improve operations within the organization.

A good way to measure whether an organization has ethical leadership is through its mission statement—the official statement of what it does as well as how it does it; this should be clearly communicated throughout each level of management within your company so that everyone knows exactly what role they play within it. You can also ask yourself questions like: Is there anyone else who works here besides myself? Do I know what everyone else does on any given day? Do my superiors seem happy working here? Are these people good managers?

All organizations will fall short of their values and need to have a way to manage conduct that does not meet expectations.

An ethics program is a way to manage conduct that does not meet expectations. A strong ethics program is a way to manage conduct that does not meet expectations.

The strength of an ethics program can be tested by crisis or scandal.

  • The strength of an ethics program can be tested by crisis.

  • The strength of an ethics program can be tested by scandal.

  • The strength of an ethics program can be tested by crisis and scandal, and it should pass the test.

A strong ethics program is essential for any organization.

A strong ethics program is essential for any organization. Ethics is a requirement of good governance and compliance with the law, and it’s also an important element of an organization’s culture. An ethical atmosphere is good for business, has a positive impact on employees and customers, and can help you avoid lawsuits or expensive regulatory fines.

When implemented properly, an ethics program can help you identify risks before they become costly problems; engage employees in developing solutions; improve financial performance through better risk management practices; reduce liability exposure by reducing employee compensation costs (including legal fees); improve customer satisfaction ratings by preventing illegal activities from occurring on your premises or within your supply chain processes

Conclusion

The code of ethics is the foundation for an ethical company. It defines what is acceptable and unacceptable to do, and how to deal with those things that are unacceptable. An ethical company will be able to provide a safe working environment, which will result in great customer service and loyalty.


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