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    What Are The Pros and Cons To Having A

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    KENNEDY VAGAY
    The document discusses the pros and cons of establishing a written code of ethics for an organization. It argues that a code can help build trust and foster an ethical culture, but notes it has limitations and may be abused. It emphasizes the importance of training employees on the code, having global consistency, and not relying solely on the code for ethical decision-making. Overall, the document presents a balanced view of codes of ethics, recognizing their benefits but also potential downsides like misuse or an incomplete guide for complex situations.

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    What Are The Pros and Cons To Having A

    Uploaded by

    KENNEDY VAGAY
    32 views2 pages
    The document discusses the pros and cons of establishing a written code of ethics for an organization. It argues that a code can help build trust and foster an ethical culture, but notes it has limitations and may be abused. It emphasizes the importance of training employees on the code, having global consistency, and not relying solely on the code for ethical decision-making. Overall, the document presents a balanced view of codes of ethics, recognizing their benefits but also potential downsides like misuse or an incomplete guide for complex situations.

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    What-Are-the-Pros-and-Cons-to-Having-a

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    The document discusses the pros and cons of establishing a written code of ethics for an organization. It argues that a code can help build trust and foster an ethical culture, but notes it has limitations and may be abused. It emphasizes the importance of training employees on the code, having global consistency, and not relying solely on the code for ethical decision-making. Overall, the document presents a balanced view of codes of ethics, recognizing their benefits but also potential downsides like misuse or an incomplete guide for complex situations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    32 views2 pages

    What Are The Pros and Cons To Having A

    Uploaded by

    KENNEDY VAGAY
    The document discusses the pros and cons of establishing a written code of ethics for an organization. It argues that a code can help build trust and foster an ethical culture, but notes it has limitations and may be abused. It emphasizes the importance of training employees on the code, having global consistency, and not relying solely on the code for ethical decision-making. Overall, the document presents a balanced view of codes of ethics, recognizing their benefits but also potential downsides like misuse or an incomplete guide for complex situations.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    What Are the Pros and Cons to Having a Personal Values vs.

    the Code
    Written Code of Ethics? Personal values and integrity should
    By: Debra Kraft augment and build upon the code, not stand
    apart from it. A code of ethics is not a
    An organization's written code of ethics complete play-by-play rule book. It does not
    should outline the integrity of the business clearly define everything everyone needs to
    by embracing common, core values. make an ethical decision.
    Company cultures that are grounded in
    ethical business practices help build trust If employees are not made aware of this
    among various stakeholders. Internally, trust limitation, they could come to believe that
    builds a positive workplace environment something is ethical because it is not
    among employees. Externally, trust builds expressly covered in the code. Training and
    solid relationships with customers, awareness programs should make it clear
    suppliers, investors and the communities in that questions should be brought to
    which companies operate. A code of ethics management or human resources
    sets the stage for such a culture. But if it’s representatives if the code of ethics in
    too vague, not followed properly or unclear with regard to specific situations.
    improperly used, a code of ethics can have
    the opposite effect. Reviewing the pros and Local vs. Global Code
    cons of having a code of ethics and code of A code of ethics that does not provide
    conduct will help you decide how to manage standards for doing business outside the
    them as a boss and subordinate. U.S. could allow for unethical business
    practices to occur during global projects.
    For example, employees might be led to
    Writing vs. Living the Code believe that standard modes of business in
    Writing a code of ethics does not some parts of the require undisclosed cash
    automatically mean employees will adhere payments to government agents or other
    to it. Managers should never believe the practices that lead to unfair competition.
    real work is done after the code of ethics
    has been written. Releasing the document Transacting such business opens the door
    into the workplace is only the first step. to practices that can ruin a company's
    Employees need to be aware it’s out there. reputation. A code of ethics must be specific
    They then need to read it, understand it and and consistent across all known variables.
    follow it. There is no value in a code of For companies that already have a global
    ethics that isn’t followed. It is up to footprint, the same code must apply to all
    management to ensure that employees are locations, worldwide.
    educated on proper conduct as it pertains to
    their jobs and work relationships. Guide Questions:
    1. Write your reaction comprehensively on
    the Article.
    Using vs. Abusing the Code
    Using the code of ethics properly builds a
    professional, ethical workplace, but abusing
    it builds distrust that can contradict
    everything it stands for. Employees can
    abuse the code of ethics if they use it to
    engage in personal agendas and vendettas,
    such as accusing colleagues they dislike of
    working against the code.

    Managers can abuse the code by accusing


    employees of failing to live up to it during
    performance reviews, even if the employees
    have followed it properly. To prevent abuse,
    all reports and accusations of ethics
    violations should be investigated thoroughly
    and include tangible evidence that a code
    has been violated.
    The author argues that by developing the organization's essential beliefs and ethical standards, a
    code of ethics can aid in fostering trust among stakeholders, both internal and external. However, the
    author adds a word of warning, stating that a code of ethics is not a replacement for sound judgment and
    that it may be abused by employees or managers with ulterior motives.

    I agree with the author that an organization's code of ethics can be an effective tool for encouraging
    ethical behavior. The possible disadvantages of having a code of ethics, such as the chance that it would
    be misused or misapplied, should also be considered, in my opinion.

    Here are some of my observations regarding the piece:

    The author makes a valid point regarding how crucial it is to guarantee that workers are aware of
    the code of ethics and comprehend how it applies to their jobs. For the code to be genuinely followed and
    to avoid becoming a pointless document, this is crucial.

    I agree with the author that a code of ethics ought to be clear and uniform everywhere. This is
    crucial for establishing a strong ethical culture within a company, no matter where its employees are
    situated.

    Finally, I agree with the author's position regarding the significance of individual values. While a
    code of ethics can offer direction on how to make moral decisions, it cannot take the place of the need for
    employees to exercise their own judgment and make choices that are in line with their own values.

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