Managerial ethics involves establishing a moral code to govern an organization's behaviors and decision making. Managers should improve their company's ethical climate and ensure ethical conduct. Effective management methods include leading by example through openly committing to ethics, implementing a formal code of ethics that communicates values and expected behaviors, and supporting employees who report illegal or immoral practices, known as whistleblowers.

2. Group of Companies
www.ikkgroup.com
UNITECH
www.unitech-ikk.com
WHAT IS MANAGERIAL ETHICS?
In a general sense, ethics is the code of moral principles and
values that govern the behaviors of a person or group.
Ethics sets standards as to what is good or bad in conduct and
decision making.
Managers shall be concerned with improving the ethical climate
of the company. They shall take active steps to ensure that the
company stays on an ethical footing.
Management methods for helping organizations be more
responsible include leadership by example, code of ethics
(conduct), and supporting whistle-blowers.

3. Leader by Example: Managers shall be openly and strongly
committed to ethical conduct. They shall give constant leadership
in renewing the ethical values of the organization. Regardless of
the size of the company, managers shall set the tone of the
organization by the example of their behavior.
Code of Ethics: A code of ethics is a formal statement of the
company’s values concerning ethics and social issues; it
communicates to employees what the company stands for.
Code of ethics states the values or behaviors that are expected
and those that will not be tolerated, backed up by management’s
action. Without management support, there is little insurance
that the code will be followed.
Group of Companies
www.ikkgroup.com
UNITECH
www.unitech-ikk.com

4. Whistle-Blowers Employee disclosure of
illegal, immoral, or illegitimate practices on the
employer’s part is called whistle-blowing.
Anyone in the organization can blow the
whistle if he or she detects illegal or immoral
organizational activities.
Group of Companies
www.ikkgroup.com
UNITECH
www.unitech-ikk.com