SOUND ETHICS FOR THE GREATER GOOD OF THE COMPANY! (SC)
“Sound ethics” now this is a phrase that is commonly used in a business environment, it refers to the codes of conduct or principles that the organisation’s employees should uphold in the work place and that also contributes to the success and growth of the organisation. Therefore failure to uphold these principles can be bad for the organisation’s reputation, relationship with the clients and or investors and corruption often result in such instances.
However, there are ways that organisations can use to ensure sound ethics in the workplace. For a start executives or those in leadership roles should lead by example so that fellow employees can also be ethical and productive in holding the company’s morale. Management of ethical behavior in the workplace is of key importance as it depicts the organisation’s positive public image. It helps them also with regards to their competitors in the industry. If they practice sound ethical behavior it is most likely that even in hardships their clients or investors are able to remain loyal to them because they are aware of the principles they hold.
According to Thapelo Petje the Executive Director: Group Strategic Sales, Jasco Group maintaining ethical business policies can also be driven from the bottom up. Employees should be comfortable enough to be able to question possible unethical business decisions, and to bring these to the attention of the right people. However, it is often the case that employees simply stick to their own work and don’t speak out against managers. Whether due to fear or simply being employees who are not interested in the greater good of the company, instances where employees ignore questionable dealings should be investigated. Usually, their silence can be traced back to a work culture that does not encourage an “open door policy”, which can stunt business growth altogether.
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