|
Ethical Business Practices |
|
Page 1 of 7
The manner in which an organisation approaches its interactions with internal and external stakeholders based on its shared system of moral, social, and behavioural standards, values, goals, priorities, beliefs, symbols, and assumptions. How a company goes about doing business, what kind or relationships it builds, and what kind of conduct is expected from employees.
_________________________________________________________
You are reading a Management Brief Report in html-format. Become a member of the BPIR to receive a new report in PDF-format every month (see examples: Benchmarking & Business Excellence). PDF-format can be saved on your hard drive, emailed to work colleagues, and are much easier to read and print out!.. For BPIR updates and best practices sign up to our FREE newsletter.
The Stage
Ethics is an issue of paramount importance and is gaining increased attention in the business community. The many international financial scandals over the last few years have already led to increased action by legislation and policy makers, and professional associations. Many companies are now beginning to develop documentation regarding the ethical practices of employees (or to review and rewrite the documentation they currently have). The values of an organisation and the importance of responsible behaviour can be reinforced through Compliance Programmes, Codes of Ethics/Conduct, procedures, policies, and training. These can help guide staff members in day-to-day activities and/or when they need to make business decisions or encounter challenging ethical situations.
To continue reading this report in html click "Next" below or use the links in the Article Index above right. If you are a member and are logged in you can download the entire printable report as a pdf file.
...
|
Home 
Management Brief Reports