Ph425 Business And Organisational Ethics

Second, identifying ethical risks is important in order to understand which of them should be the focus of an organisation’s ethics programme, the aim of which is to ensure that employees do not feel pressured to compromise ethical standards. Finally, supporting ethics standards at work by providing the fundamental components of an effective ethics programme minimises ethical risks and shapes organisational culture around core ethical values. Annual training is mandatory for all employees across the Group and for the Board in all appropriate languages . It covers a range of issues such as anti-bribery and corruption, diversity, modern slavery and conflict of interest. The training also includes Information about the Code of Conduct, ethics decision making, how to get advice, and how to report an issue.

Employees can practice discretion through careful planning, the use of passwords and tiered access to confidential information. If an employee demonstrates ethical judgment in a situation, praise them publicly, perhaps during a weekly meeting. Explain to everyone why this behaviour is appropriate and how the sound ethical judgment of the employee positively affected the company. If you cannot discuss the situation publicly, it is still appropriate to send them an email thanking them for their ethical behaviour.

We support and respect human rights, foster environmental responsibility and encourage our people’s involvement in the communities where we work and live. This training course provides practical insights to address the key ethical issues of bribery and corruption, money laundering and modern slavery. There is no escaping current increasing political pressure for exemplary ethical behaviour from those running our companies and institutions.

Entrepreneurs in developing countries need to be aware of ethical business practices in order to ensure the long-term viability of minor- and medium-sized enterprises . The concepts of ethical behavior and corporate social responsibility have come to the fore in recent years in both developed and developing countries as a result of growing sense of corporate wrongdoing. The idea that business enterprises have some responsibilities to society beyond that of making profits for shareholders has been around for centuries. The paper addresses the concepts of business ethics and corporate social responsibility. From the perspectives of MBA students and managers, it came out that business ethics and social responsibility are very important for organizational growth and success. Specifically, they consider business ethics to lead to positive employee, customer and community relations.

Business ethics are a set of principles that determine what is right, wrong and appropriate in the workplace. This includes interpersonal relationships in the company and external relationships with clients. Business ethics aims to ensure a consistent moral attitude within the company, from executive-level management to new hires.

We will review every postgraduate application to Birkbeck on its individual merits and your professional qualifications and/or relevant work experience will be taken into consideration positively. Based in the School of Business, Economics and Informatics, the Department of Management is an internationally recognised centre of excellence in teaching, research and consultancy in the broad field of management. Our Business Ethics Committee comprises member of our Executive committee and subject matter experts such as Governance, Corporate Responsibly, Trade Compliance and Operations. Confidential reporting is managed day-to-day by the Group Head of Internal Audit in order to facilitate independent investigations where required. Updates are provided to the Audit Committee and Risk & CSR Committee on the number of cases reported, the topics being raised in the reports, and the status of the investigations.