How to create a sound ethical environment?


0

A sound ethical environment can be created if the following points are kept in mind:

Advertisement

 

1)      Awareness of legal and ethical responsibilities

 

ü  Ethical organization should have policies to train & motivate employees towards ethical behaviours. This would require initiation from the top.

ü  Number of companies both in West & in India have been known for their quality & soundness of their ethics programmes.

ü  In India, Wipro was amongst the pioneers to establish an organized set of beliefs to guide business conduct.

ü  Companies now are also providing an integrity manual which helps employees whenever they face ethical dilemmas.

 

2)      A Transparent communication system

 

ü  Ethical organization should provide facilities for employees through which they could communicate with responsible position for reporting frauds, mismanagement or any other form of non routine detrimental (harmful) behaviour.

ü  Companies like Wipro have introduce a helpline comprising of senior members of the company who are available for guidance on any moral, legal or ethical issues that an employee may face.

 

3)      Fair treatment to whistle blowers: Fair treatment to whistle blowers is important, as this encourages other members of the company to report similar activities in future. On the contrary, if the company demotes such whistle blowers, it discourages other employees from reporting on any malpractices within the organization which might affect its reputation as well as cause financial losses.

Advertisement
The following two tabs change content below.
We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

Like it? Share with your friends!

0
BMS Team

We, at BMS.co.in, believe in sharing knowledge and giving quality information to our BMS students. We are here to provide and update you with every details required by you BMSites! If you want to join us, please mail to contact@bms.co.in.

58 Comments

Ask Us On WhatsApp
Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format