Sense
Organizational ethics is concerned with promoting
non-economic social values. The concept refers to what is good or bad in an
organization in terms of relationship with stakeholders, as well as for the
purposes of services or products.
Organizational ethics is a theory of moral values and the
application of ethical standards by which a company operates.
Importance of organizational ethics
The importance of organizational ethics in a company is the
following:
Organizational ethics is important because it helps
management understand situations and their implications for the business and
handle these situations admirably.
Embezzlement is a stain on society because it encourages
corruption at all levels. The importance of organizational ethics is that it
helps a company understand the repercussions of such behavior and the
consequences it could face if it were taken.
Stakeholders are now actively involved within the
organization in promoting a moral code of conduct. The importance of
organizational ethics is that it helps the company to effectively understand
these ethical expectations so that it can work accordingly.
The importance of organizational ethics lies in the fact
that it provides management with the appropriate knowledge and tools to improve
ethical decisions by providing, analyzing and diagnosing effective solutions to
problems.
The importance of organizational ethics is that it helps to
maintain operations based on ethical standards to continue for longer.
Organizational ethics is important because it helps the
company to effectively face the challenges posed by the competition.
Fundamental elements or values of organizational ethics
What is organizational ethics?
Fundamental ethical values or elements that have a direct
influence on ethical behavior are
1. Responsibility
The element of responsibility is accountability. It means
the moral obligation to admit your mistakes if you are wrong, to exercise
restraint and strive for excellence.
In an organization, it is a desired element which means that
the individual has a moral code and will advance in their career.
2. Results-oriented
If you are in business, it is imperative to be results
oriented. Organizational ethics takes ethics into account at heart and requires
employees to achieve them within reasonable and ethical limits.
3. Respect
The element of respect places its burden on the moral
obligation to salute the dignity and worth of an individual. It is expressed in
terms of acceptance, tolerance, autonomy, dignity, courtesy and civility and
offers encouragement against exploitation, manipulation, humiliation and
violence.
In an organization, it is essential to respect yourself and
those around you. Ultimately, it will be mutual, because others will also
return the favor and respect you for your values and behavior.
It is respect and trust that helps management avoid a
scenario where they have to micromanage everything.
4. Reliability
The most complex of ethical values is trustworthiness,
since it is a broad concept that concerns the behavior and qualities that make
a person worthy of loyalty, honesty, integrity and trust. In an organization,
make your word your bond and stick with it no matter what.
If you're wrong, admit it, and if you're right, take a
stand. Treat others the way you would like others to treat you. Confidence is a
strong feeling that inspires confidence, so make sure people see you as someone
they trust.
5. Justice
Justice means being fair in all dealings. This equates to
due process, openness, fairness, equality, and fairness. In an organization,
this is essential because it encourages management to treat all employees
fairly.
6. Take care
One aspect of organizational ethics is compassion. This is a
sincere concern for the welfare of all. This includes sharing, empathy,
compassion, kindness, and charity towards a colleague in the organization.
7. Honor
Honor is one of the main elements of organizational ethics
that signifies the spirit of an organization. In most companies, management
recognizes employees who demonstrate honor in their relationships and rewards
them for their exemplary behavior.
8. Persistence
The willingness to keep working no matter what is an
admirable trait. It is an element of organizational ethics that encourages
employees to work hard and
