Corporate Culture as the Foundation of Ethics
A broader idea than corporate ethics is corporate culture. When a person works for a corporation, ethics serves as their compass. The person’s idea of how they should act in relation to what the firm expects of them, and the processes that might be developed concerning this, includes corporate culture. There are always certain implicit laws of business ethics, whether good or harmful, because a person works in a collective with its own standards of behavior.
The Need for Formalized Guidelines
These guidelines must be formalized and documented so that an employee can observe what the employer anticipates from them regarding behavior (IU Southeast, 2009). Systematizing calls for the formalization of rules so that we can identify the behaviors that support accomplishing our strategy and objectives. Putting these laws on the level of regulations is ineffective; instead, there needs to be a list of them on a poster with illustrations and talking points.
It should outline the appropriate conduct that the employees are expected to exhibit. A document like this would answer many questions immediately, and management could work with these ideas (IU Southeast, 2009). Employees will be familiar with the rules before they begin work, making this strategy very effective.
Hiring Practices and Policy Awareness
When a firm hires new employees, HR assesses their competencies. The employer will only hire the candidate if they complete the competency interview. An employee must be informed of the corporate policies that have been implemented. However, we can only gauge how favorably people view us by observing and tracking our behavior.
Corporate ethics is not a set of laws and rules that employees must agree to and abide by. The person’s soul must be able to sense them. They must acknowledge that they truly comprehend, accept, and are directed by these laws.
Fostering Ethical Values Through Training
In order to foster these ideals inside the team, actions must be taken. Such activities could be refresher courses on professional ethics. I can evaluate this method as highly effective because it will help the employees develop during work and identify their weaknesses, which will help achieve the best results.
Reference
IU Southeast. (2009). HR management: Ethics & fairness [Video]. YouTube. Web.