The Role of Ethics in Business

In: Business and Management

Submitted By ronkebul
Words 1044
Pages 5
The Role of Ethics in the Workplace
Ron Kebul
MBA 530
September 17.2012

Joseph (2000) noted that leaders who want to establish a practice of positive workplace ethics within their organizations should develop written ethics standards, provide ethics training, and ensure resources are available for employees in need of ethics advice. According to him, the list of potential benefits linked to an effective ethics program includes recruiting and retaining top quality employees, fostering a more satisfying and productive work environment, maintain the trust of employees to ensure continued self regulation, encouraging open discussion of ethical issues, providing ethical guidance and resources for employees when confronted with difficult ethical decisions and for overall mission accomplishment.
We are tempted to think of ethics as something to do with our personal behaviors which is totally unconnected with how we conduct ourselves in the business world where all we worry about is the bottom line and not necessarily doing what is morally right. The fact is that they are both interrelated and intertwined. Ethics are all about the choices we make and sometimes, they may not feel good or even benefit us, but the right choices.
According to the supplemental research brief by the National Business Ethics Survey conducted in 2009 in conjunction with the Hay Group on Ethics and Employee Engagement, the present economic downturn has given a wakeup call to organizations that efficiency and effectiveness are important elements to the survival of any organization. The research found that employee engagement, which is the commitment employees feel toward their employing organization, is a critical part of the equation. When employees are engaged, they are more apt to recommend their company to friends and family, take pride in working there, and intend to…...

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