WEEK 10

Strategic Approaches to Improving Ethical Behavior

Ethical Behavior

the principles or standards of conduct that govern the actions of an individual or group.

Ethical behavior in Business

the practice of making decisions and taking actions that are morally right, transparent, and consistent with legal and professional standards.

Ethical behavior in Business

It involves upholding values such as honesty, integrity, fairness, respect, and accountability in all business dealings—whether with customers, employees, suppliers, shareholders, or the community.

Ethical Behavior

It’s a fundamental aspect of corporate governance, stakeholder trust, and long-term business success.

Organizational Ethics Program

A structured set of policies, practices, and initiatives designed to promote ethical behavior, address ethical issues, and ensure compliance with legal standards within an organization.

Code of Conduct

A formal statement outlining organizational expectations by describing what it expects of its employees

Code of Conduct

Its purpose is to establish how the values of a company dictate these behavioral expectations.

Code of Conduct

More similar to a regulatory set of rules that addresses specific risky activities within the scope of daily operations.

Code of Conduct

a proactive tool to manage and improve different areas that employee relations professionals may oversee by providing clarity to the employee-employer relationship.

First part of Code Conduct

defines the company’s values and principles including expectations for employee behavior in the workplace

Second Part of Code of Conduct

defines the process and possible consequences such as dismissal or suspension against those who violate these values and principles.

ETHICS OFFICER

A corporate position responsible for managing the ethics and compliance program while providing training, guidance, and oversight to leadership and the board of directors.

Ethics Training

the primary method for increasing employees’ ethical decision-making and conduct.

Ethics Training

a training that focuses on shaping attitudes, behavior, competencies and skills of employees to observe high standards of ethical conduct.

Ethics Training

the extent to which an organization can give guidance to employees regarding organizational processes for developing positive workplace behavior and the ability to deal with ethical dilemmas.

Ethics Training

A strategic effort to foster ethical awareness, enhance decision-making capabilities, and promote consistent ethical behavior within the organization.

Purpose of Ethics Training

To help the employees judge the moral legitimacy of their decisions by educating them about the organization’s policies and expectations, relevant laws and regulations, and general social standards.

Role of communication in ethics training

to make sure that the message or the purpose of the training is clear, consistent, and reinforced over time

Ethics-Training Program

a planned set of activities designed to teach employees how to recognize and deal with ethical issues they might face in the workplace.

Lockheed Martin’s “Gray Matters”

This is a set of mini case studies with multiple choice questions. A range of points is either awarded or subtracted depending on the response. An explanation of why it is or is not the best response is also provided after.