This document discusses the importance of ethos in leadership development. It defines leadership development as activities that prepare current and future leaders for their roles. It describes ethos in leadership as comprising presence, behaviors, and beliefs. Specifically, it lists key behaviors for leaders as active listening, motivation, confidence, and time management. It emphasizes that core leadership requires self-awareness, communication, influence, and learning agility. Finally, it asserts that leading with ethos rather than ego provides the bond between leaders and followers.
This document discusses the concept of work ethos. It defines ethos as the moral ideas and attitudes belonging to a group or society. Work ethos refers to what drives us and gives us purpose and meaning in the workplace. Some key dimensions of work ethos discussed include having the right expectations, loyalty to one's organization, discipline, and traits like purpose, pride, patience, persistence, and perspective. The document also outlines top work ethics like attendance, character, teamwork, attitude, and productivity. Finally, it discusses expectations employers have for employees and traits of winning employees like being honest, dependable, and a team player.
Workplace ethics are important for effective productivity and balance in both personal and professional life. Common issues of workplace ethics include punctuality, responsibility, integrity, loyalty, teamwork, and professionalism. While ethical problems are inevitable, training and recognizing good behavior can help promote strong, two-way ethics that are both personal and professional.
The document discusses corporate ethics. It defines ethics and corporate ethics as conceptions of right and wrong behavior in business environments. The document outlines approaches to implementing corporate ethics, including defining acceptable behavior, following high standards, and complying with laws. It describes four approaches corporations can take to ethics - amoral, legalistic, responsive, and ethical. Finally, it emphasizes the importance of ethics for building a civilized society and enhancing an organization's goodwill and public image.
Organizational ethics refers to applying moral choices guided by values and principles to organizational activities. An ethical organization has fairness, responsibility, purpose, and ease interacting with diverse stakeholders. Ethical ground rules foster honesty, responsibility, fairness, and participation. Managing ethics improves society, productivity, meaning, policies, reputation, and trust. Leaders are responsible for creating ethical organizations by confronting operational goals with moral obligations. Leaders must consider impacted values and interests and avoid harm. Building ethics requires leaders to develop influences, integrity, values, training, and plans for excellence. An organization's ethics reflect its leaders' ethics and skills.
Business ethics examines ethical principles and problems that arise in business. It is relevant to both individual conduct and entire organizations. Issues in business ethics occur at the macro level of a business's role in society, the corporate level of social responsibility and strategy, and the individual level of employees' behavior. Adhering to ethics like honesty, respect, loyalty and doing right can help discard corporate evils and create positive change from within organizations.
Work ethics and corporate culture are important for any organization. Work ethics refers to moral principles related to work like being on time, working hard, and having loyalty. Corporate culture is the shared beliefs and practices that define how a company operates. There can sometimes be a disconnect between individual work ethics and a company's culture. Despite challenges, each person should focus on adding value through their highest priority tasks and by doing what they believe is right. Doing good work with integrity and kindness is important, even if the results are not immediately clear.
This document discusses the importance of ethos in leadership development. It defines leadership development as activities that prepare current and future leaders for their roles. It describes ethos in leadership as comprising presence, behaviors, and beliefs. Specifically, it lists key behaviors for leaders as active listening, motivation, confidence, and time management. It emphasizes that core leadership requires self-awareness, communication, influence, and learning agility. Finally, it asserts that leading with ethos rather than ego provides the bond between leaders and followers.
This document discusses the concept of work ethos. It defines ethos as the moral ideas and attitudes belonging to a group or society. Work ethos refers to what drives us and gives us purpose and meaning in the workplace. Some key dimensions of work ethos discussed include having the right expectations, loyalty to one's organization, discipline, and traits like purpose, pride, patience, persistence, and perspective. The document also outlines top work ethics like attendance, character, teamwork, attitude, and productivity. Finally, it discusses expectations employers have for employees and traits of winning employees like being honest, dependable, and a team player.
Workplace ethics are important for effective productivity and balance in both personal and professional life. Common issues of workplace ethics include punctuality, responsibility, integrity, loyalty, teamwork, and professionalism. While ethical problems are inevitable, training and recognizing good behavior can help promote strong, two-way ethics that are both personal and professional.
The document discusses corporate ethics. It defines ethics and corporate ethics as conceptions of right and wrong behavior in business environments. The document outlines approaches to implementing corporate ethics, including defining acceptable behavior, following high standards, and complying with laws. It describes four approaches corporations can take to ethics - amoral, legalistic, responsive, and ethical. Finally, it emphasizes the importance of ethics for building a civilized society and enhancing an organization's goodwill and public image.
Organizational ethics refers to applying moral choices guided by values and principles to organizational activities. An ethical organization has fairness, responsibility, purpose, and ease interacting with diverse stakeholders. Ethical ground rules foster honesty, responsibility, fairness, and participation. Managing ethics improves society, productivity, meaning, policies, reputation, and trust. Leaders are responsible for creating ethical organizations by confronting operational goals with moral obligations. Leaders must consider impacted values and interests and avoid harm. Building ethics requires leaders to develop influences, integrity, values, training, and plans for excellence. An organization's ethics reflect its leaders' ethics and skills.
Business ethics examines ethical principles and problems that arise in business. It is relevant to both individual conduct and entire organizations. Issues in business ethics occur at the macro level of a business's role in society, the corporate level of social responsibility and strategy, and the individual level of employees' behavior. Adhering to ethics like honesty, respect, loyalty and doing right can help discard corporate evils and create positive change from within organizations.
Work ethics and corporate culture are important for any organization. Work ethics refers to moral principles related to work like being on time, working hard, and having loyalty. Corporate culture is the shared beliefs and practices that define how a company operates. There can sometimes be a disconnect between individual work ethics and a company's culture. Despite challenges, each person should focus on adding value through their highest priority tasks and by doing what they believe is right. Doing good work with integrity and kindness is important, even if the results are not immediately clear.
Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company.
In the business world, the organization’s culture sets standards for determining the difference between good and bad decision making and behavior.
The document discusses business ethics and provides several key points:
1. Ethics refers to principles of right and wrong that govern conduct, and business ethics examines the ethics of businessmen's actions and consequences.
2. A code of ethics provides guidance for employees when facing ethical dilemmas and is most effective when developed with employee participation.
3. Business ethics is important for several reasons - it corresponds to basic human needs, creates credibility with the public, and gives management credibility with employees. Ethical behavior also helps lead to better decision making.
Topics covered:- Introduction, Historical aspects of Ethics, Correlation between values and behavior, Ethics at work place, objectives and benefits of ethics at work place, problems associated with unethical practices.
- Ethos examines morality and moral standards of a society. It includes concepts like honesty, responsibility, and ethics.
- Indian ethos focuses on developing a value-oriented management system through principles like fulfilling social responsibility, prioritizing human relationships, and promoting inner growth and self-management.
- Key aspects of Indian ethos include self-study, self-control of the mind, intuition, and using meditation to transform lower consciousness into higher consciousness. This allows one to make rational decisions and handle problems and difficulties.
This document outlines leadership development programs for managers at different levels within an organization. It discusses junior manager, middle manager, and senior manager programs that focus on developing positive leadership behaviors through strengths, appreciation, and building engagement. The junior manager program teaches fundamentals of people management. The middle manager program focuses on developing, motivating, and sustaining high-performing teams. The senior manager program emphasizes creating a strengths-based culture and developing business acumen. All programs use real-world examples and aim to translate learning into immediate managerial actions.
slides on understanding workplace ethics, what it affects, benefits of workplace ethics, slides on ethic codes, codes of conduct, values, ethic programs, required resources, two ethical styles, 3 steps to resolve ethical dilemmas and how to address ethical dilemmas, guidelines and slides on implementing ethic programs, detecting 6 key roles and responsibilities, guidelines for moral decision making, 10 common ethic code provisions, 15 slides on creating an effective code of conduct, and more.
This document discusses ethics in the workplace and proper conduct. It outlines the different relationships that exist at work between management and customers/employees, and employees amongst themselves. Some examples of unethical behavior are provided, such as stealing, safety violations, falsifying records, poor customer service, and addictions. The document advises that as employees, when faced with unethical situations, people can choose to ignore them, speak up, clarify issues, or report the situation. It provides guidance that if employees are unsure about a course of action, they should consider whether it is legal, complies with company policy, could harm anyone, and how they would feel if others knew about it.
An ethical culture within a business is centered around keeping promises, personal integrity, and moral relationships. Maintaining an ethical culture requires constant monitoring, ethics education, and clear policies set by senior leadership. It is important for the entire organization to take responsibility for upholding the values of the company. An ethical culture benefits a business through improved reputation, employee morale and productivity, credibility with consumers, and reduced financial risk. Leaders should model ethical behavior and provide training, feedback, and recognition to reinforce ethical conduct throughout the organization.
This document provides an introduction to business ethics. It discusses how ethics and values are important foundations for any business. While the basic aim of business is profit, companies should not ignore basic ethical principles in their pursuit of profit. The document then provides examples of ethical leadership from companies like Wipro and Infosys to illustrate how strong ethics do not deter business success and can help businesses endure. It also lists some guidelines for managing ethics in the workplace, such as integrating ethics into strategic planning and other management practices. Finally, it describes the history and development of business ethics as a field, tracing discussions of ethical issues in business back to ancient Greek philosophers like Plato and Aristotle.
Business ethics refers to written and unwritten codes that govern decisions and actions within a company. An organization's culture determines what is considered right and wrong conduct. If businesses focus on long-term stability and growth over short-term goals, their decisions are more likely to be ethical. Managers play a key role in establishing an organization's ethical standards and culture. Upholding strong business ethics is important for public trust, preventing harm, and protecting employees and the company.
Business ethics deals with establishing moral principles and values to guide business decisions and actions. It helps classify behaviors as good or bad, right or wrong, and fair or unfair. Organizations that support ethics initiatives show more productivity and employee retention than those that only focus on legal compliance. When a business operates ethically, it garners respect from within and outside the company. Employees are also more likely to stay at companies that promote ethical conduct. Consumers demonstrate loyalty to companies that exhibit strong corporate responsibility. The purpose of a business ethics code is to outline acceptable and unacceptable behaviors to regulate conduct where profit is the primary motive. Business ethics are important for companies' long-term survival and reputation.
This document provides an overview of ethical issues in business. It begins by defining business ethics as moral principles that guide how a business behaves. It then discusses various ethical issues businesses may face, such as fairness, honesty, diversity, decision-making, compliance, social media use, and harassment. The document also covers advantages of practicing business ethics like increased goodwill and productivity, as well as potential disadvantages like reduced freedom and extra costs. It concludes by emphasizing the importance of ethical leadership and behavior for businesses.
This document discusses organizational and business ethics. It begins by defining organizational business ethics as the application of individual morality to choices made in professional contexts and business situations. It then discusses why ethics are important for organizations, noting they can influence employee commitment, investor/customer loyalty, legal issues, reputation, and profits. The document outlines ethical dilemmas organizations may face and the role of leaders in developing an ethical culture through training, strong values, strategic plans, and building integrity. It concludes that high ethics companies are driven by values, ensure fair treatment, and can make ethics a core competency.
The document discusses ethics and corporate excellence in business. It outlines ethical issues like bribery, insider trading, and discrimination. It also discusses factors for corporate excellence like leadership, customer focus, quality assurance, and social responsibility. The document provides examples of companies implementing ethics and social responsibility programs, such as Tata Group's code of ethical practices and Starbucks' sustainably sourced coffee.
Business etiquette involves treating coworkers, employers, and clients with respect and courtesy to create a pleasant work environment. It can be grouped into types like hiring etiquette, workplace etiquette, social etiquette, and communications etiquette. Some examples of good business etiquette include never adopting a casual attitude, keeping personal conversations private, dressing professionally, and being on time. Maintaining proper etiquette distinguishes human behavior and enhances success in the business world.
This document outlines the key topics around business ethics that will be covered, including: the concept and nature of business ethics; elements of business ethics like values, rights, and duties; levels of business ethics from societal to personal; sources of ethical standards like societal attitudes and legal environments; the need for ethics in business to maintain image and trust; factors governing business ethics like organizational goals and professional codes; developing an ethical program with codes, communication, and enforcement; models of business conduct; the concept and importance of corporate values; and a case study with bibliography. The presentation will cover these various aspects of business ethics.
Leadership requires bringing together the best qualities in people to create success. The document discusses the qualities of effective leaders, including being calm under pressure, having a clear vision for the future, and bringing out the best in their team. While some leadership skills are innate, others like patience and empathy can be learned. True leadership is measured by a person's ability to guide their team to achieve a common goal. The document provides tips for developing strong leadership skills, such as self-evaluation, understanding different perspectives, focusing on work instead of personal issues, and serving as a role model through high-quality work.
1. The document discusses the principles of business ethics, defining ethics as moral values or codes that guide what is right and wrong. It explains that business ethics deals with morality in business contexts.
2. Stakeholders are defined as individuals or groups affected by or able to affect a company's goals, including employees, suppliers, government, customers, and shareholders. Addressing stakeholders' interests is an important part of business ethics.
3. Ethical dilemmas in business arise when there are conflicts between right choices rather than right and wrong. Analyzing alternatives and perspectives is important to handle such dilemmas.
1. The document discusses principles of business ethics and provides definitions and explanations of key terms like ethics, business ethics, and stakeholders.
2. It explains the difference between ethics and morals and discusses how ethical practices relate to different functional areas of business.
3. Examples of ethical dilemmas in the workplace are provided along with factors that influence ethical behavior such as individual beliefs, corporate culture, and peer pressure.
Business ethics can be defined as written and unwritten codes of principles and values that govern decisions and actions within a company.
In the business world, the organization’s culture sets standards for determining the difference between good and bad decision making and behavior.
The document discusses business ethics and provides several key points:
1. Ethics refers to principles of right and wrong that govern conduct, and business ethics examines the ethics of businessmen's actions and consequences.
2. A code of ethics provides guidance for employees when facing ethical dilemmas and is most effective when developed with employee participation.
3. Business ethics is important for several reasons - it corresponds to basic human needs, creates credibility with the public, and gives management credibility with employees. Ethical behavior also helps lead to better decision making.
Topics covered:- Introduction, Historical aspects of Ethics, Correlation between values and behavior, Ethics at work place, objectives and benefits of ethics at work place, problems associated with unethical practices.
- Ethos examines morality and moral standards of a society. It includes concepts like honesty, responsibility, and ethics.
- Indian ethos focuses on developing a value-oriented management system through principles like fulfilling social responsibility, prioritizing human relationships, and promoting inner growth and self-management.
- Key aspects of Indian ethos include self-study, self-control of the mind, intuition, and using meditation to transform lower consciousness into higher consciousness. This allows one to make rational decisions and handle problems and difficulties.
This document outlines leadership development programs for managers at different levels within an organization. It discusses junior manager, middle manager, and senior manager programs that focus on developing positive leadership behaviors through strengths, appreciation, and building engagement. The junior manager program teaches fundamentals of people management. The middle manager program focuses on developing, motivating, and sustaining high-performing teams. The senior manager program emphasizes creating a strengths-based culture and developing business acumen. All programs use real-world examples and aim to translate learning into immediate managerial actions.
slides on understanding workplace ethics, what it affects, benefits of workplace ethics, slides on ethic codes, codes of conduct, values, ethic programs, required resources, two ethical styles, 3 steps to resolve ethical dilemmas and how to address ethical dilemmas, guidelines and slides on implementing ethic programs, detecting 6 key roles and responsibilities, guidelines for moral decision making, 10 common ethic code provisions, 15 slides on creating an effective code of conduct, and more.
This document discusses ethics in the workplace and proper conduct. It outlines the different relationships that exist at work between management and customers/employees, and employees amongst themselves. Some examples of unethical behavior are provided, such as stealing, safety violations, falsifying records, poor customer service, and addictions. The document advises that as employees, when faced with unethical situations, people can choose to ignore them, speak up, clarify issues, or report the situation. It provides guidance that if employees are unsure about a course of action, they should consider whether it is legal, complies with company policy, could harm anyone, and how they would feel if others knew about it.
An ethical culture within a business is centered around keeping promises, personal integrity, and moral relationships. Maintaining an ethical culture requires constant monitoring, ethics education, and clear policies set by senior leadership. It is important for the entire organization to take responsibility for upholding the values of the company. An ethical culture benefits a business through improved reputation, employee morale and productivity, credibility with consumers, and reduced financial risk. Leaders should model ethical behavior and provide training, feedback, and recognition to reinforce ethical conduct throughout the organization.
This document provides an introduction to business ethics. It discusses how ethics and values are important foundations for any business. While the basic aim of business is profit, companies should not ignore basic ethical principles in their pursuit of profit. The document then provides examples of ethical leadership from companies like Wipro and Infosys to illustrate how strong ethics do not deter business success and can help businesses endure. It also lists some guidelines for managing ethics in the workplace, such as integrating ethics into strategic planning and other management practices. Finally, it describes the history and development of business ethics as a field, tracing discussions of ethical issues in business back to ancient Greek philosophers like Plato and Aristotle.
Business ethics refers to written and unwritten codes that govern decisions and actions within a company. An organization's culture determines what is considered right and wrong conduct. If businesses focus on long-term stability and growth over short-term goals, their decisions are more likely to be ethical. Managers play a key role in establishing an organization's ethical standards and culture. Upholding strong business ethics is important for public trust, preventing harm, and protecting employees and the company.
Business ethics deals with establishing moral principles and values to guide business decisions and actions. It helps classify behaviors as good or bad, right or wrong, and fair or unfair. Organizations that support ethics initiatives show more productivity and employee retention than those that only focus on legal compliance. When a business operates ethically, it garners respect from within and outside the company. Employees are also more likely to stay at companies that promote ethical conduct. Consumers demonstrate loyalty to companies that exhibit strong corporate responsibility. The purpose of a business ethics code is to outline acceptable and unacceptable behaviors to regulate conduct where profit is the primary motive. Business ethics are important for companies' long-term survival and reputation.
This document provides an overview of ethical issues in business. It begins by defining business ethics as moral principles that guide how a business behaves. It then discusses various ethical issues businesses may face, such as fairness, honesty, diversity, decision-making, compliance, social media use, and harassment. The document also covers advantages of practicing business ethics like increased goodwill and productivity, as well as potential disadvantages like reduced freedom and extra costs. It concludes by emphasizing the importance of ethical leadership and behavior for businesses.
This document discusses organizational and business ethics. It begins by defining organizational business ethics as the application of individual morality to choices made in professional contexts and business situations. It then discusses why ethics are important for organizations, noting they can influence employee commitment, investor/customer loyalty, legal issues, reputation, and profits. The document outlines ethical dilemmas organizations may face and the role of leaders in developing an ethical culture through training, strong values, strategic plans, and building integrity. It concludes that high ethics companies are driven by values, ensure fair treatment, and can make ethics a core competency.
The document discusses ethics and corporate excellence in business. It outlines ethical issues like bribery, insider trading, and discrimination. It also discusses factors for corporate excellence like leadership, customer focus, quality assurance, and social responsibility. The document provides examples of companies implementing ethics and social responsibility programs, such as Tata Group's code of ethical practices and Starbucks' sustainably sourced coffee.
Business etiquette involves treating coworkers, employers, and clients with respect and courtesy to create a pleasant work environment. It can be grouped into types like hiring etiquette, workplace etiquette, social etiquette, and communications etiquette. Some examples of good business etiquette include never adopting a casual attitude, keeping personal conversations private, dressing professionally, and being on time. Maintaining proper etiquette distinguishes human behavior and enhances success in the business world.
This document outlines the key topics around business ethics that will be covered, including: the concept and nature of business ethics; elements of business ethics like values, rights, and duties; levels of business ethics from societal to personal; sources of ethical standards like societal attitudes and legal environments; the need for ethics in business to maintain image and trust; factors governing business ethics like organizational goals and professional codes; developing an ethical program with codes, communication, and enforcement; models of business conduct; the concept and importance of corporate values; and a case study with bibliography. The presentation will cover these various aspects of business ethics.
Leadership requires bringing together the best qualities in people to create success. The document discusses the qualities of effective leaders, including being calm under pressure, having a clear vision for the future, and bringing out the best in their team. While some leadership skills are innate, others like patience and empathy can be learned. True leadership is measured by a person's ability to guide their team to achieve a common goal. The document provides tips for developing strong leadership skills, such as self-evaluation, understanding different perspectives, focusing on work instead of personal issues, and serving as a role model through high-quality work.
1. The document discusses the principles of business ethics, defining ethics as moral values or codes that guide what is right and wrong. It explains that business ethics deals with morality in business contexts.
2. Stakeholders are defined as individuals or groups affected by or able to affect a company's goals, including employees, suppliers, government, customers, and shareholders. Addressing stakeholders' interests is an important part of business ethics.
3. Ethical dilemmas in business arise when there are conflicts between right choices rather than right and wrong. Analyzing alternatives and perspectives is important to handle such dilemmas.
1. The document discusses principles of business ethics and provides definitions and explanations of key terms like ethics, business ethics, and stakeholders.
2. It explains the difference between ethics and morals and discusses how ethical practices relate to different functional areas of business.
3. Examples of ethical dilemmas in the workplace are provided along with factors that influence ethical behavior such as individual beliefs, corporate culture, and peer pressure.
The document discusses ethics in human resource management. It defines ethics and discusses an HR manager's ethical responsibilities, including not blaming others for unethical actions and being responsible for one's own actions and those of subordinates. It also discusses how to determine if an action is unethical and provides the Code of Ethical Conduct from the Society for Human Resource Management, which addresses principles like professional responsibility, development, leadership, fairness and conflicts of interest.
Chapter 1 - Introduction to Business Ethics.pptxLecturerD
This chapter introduces business ethics and differentiates it from morality. It defines ethics as principles that determine what is right and wrong in behavior, while morality refers to norms and values that define right and wrong for a community. Business ethics concerns ethical standards and judgments in business. The chapter also discusses factors that influence ethical values, such as upbringing and religion. Universally accepted moral values include compassion, courage, respect, self-control, and honesty. Managing ethics in business provides benefits such as improved society, strong teamwork, and a positive public image.
This document discusses the role of business ethics in organizations. It defines ethics and organizational ethics, and explains that ethics guide acceptable conduct and build trust. The six core ethical values that influence behavior are trustworthiness, respect, responsibility, fairness, caring, and citizenship. Upholding ethics is important for organizations as it improves reputation, commitment, and customer loyalty. Management can promote ethics through policies, codes of conduct, and training to define expectations and prevent misconduct. Overall, ethics are critical for organizational functioning and success.
This document provides an overview of business ethics and why it is important to study. It discusses that ethics focuses on determining right and wrong behavior, especially in business situations. Business ethics examines the responsibilities of businesspeople to shareholders, employees, and the public. The document also outlines several key aspects of ethics, including the differences between ethics and laws, personal morality versus social ethics, and the perspectives of different stakeholders. It emphasizes that studying business ethics prepares students for careers and helps ensure businesses act in ethical, socially responsible ways.
Leaders can build and sustain an ethical corporate culture in three main ways:
1) Leaders must lead by example through their authentic actions which clearly communicate ethical standards to employees.
2) Focus on promoting good ethical behavior as an incentive and make the culture one with basic values embodied such as accountability.
3) Align policies and actions with ethical practices which opens communication and empowers employees to uphold standards, assessing the culture regularly for improvement.
This document outlines the syllabus for a course on business ethics and Indian values. The syllabus covers several units: an introduction to business ethics and values in management; Gandhian approaches to management and trusteeship; ethical responsibilities and compliance; and corporate social responsibility. It also defines the differences between ethos and ethics. Several principles of Indian ethos are described, such as ego sublimation over assertion and spiritual attainment over material prosperity. The document discusses how Indian values can be applied to management and workplace relationships.
Corporate culture refers to the shared behaviors and beliefs that guide an organization. Leaders have the biggest impact on corporate culture and shaping ethical decisions. A strong ethical culture supports good decision making and requires acting ethically even without legal mandates. Building an ethical culture involves implementing shared values through mission statements, codes of conduct, and leader role modeling. Audits and reporting processes like whistleblowing help enforce ethical standards and identify issues requiring correction.
Feature article Governance in practiceFeature article Governan.docxssuser454af01
Feature article Governance in practiceFeature article Governance in practice
• A cultural environment
in which people feel
not only safe to speak
up but expected to, is
essential to achieving
an organisation’s
governance objectives.
• Every member of your
team needs to be held
accountable for doing
their part to protect
the interests of the
organisation and its
stakeholders.
• Inspire people to
want to behave with
integrity and contribute
to the full extent of
their potential, and
governance standards
are likely to be
achieved.
Ego, greed, power, risk
taking, responsibility,
morality … the reasons
people break the rules
and fail to meet expected
ethical standards are
varied and at times
complex. Influencing
the way people choose
to behave is essential to
any organisation’s ability
to meet its governance
obligations.
In Australia, the link between
culture and governance is firmly
on the minds of the regulators. The
Australian Securities and Investments
Commission (ASIC) has in recent years
brought an especially strong focus
to bear on organisational culture
and its influence on how employees
behave. Both ASIC and the Australian
Prudential Regulation Authority (APRA)
have emphasised corporate culture as
a key area of risk.
The link between poor culture and
poor conduct has driven both
regulators to actively review company
practices linked to culture. Critical
decisions including incentives
payments and other rewards are of
particular concern. Whistleblowing
policies and complaints processes
have also been under the microscope.
Misconduct in the financial services
industry provides recent example
of the impact of poor organisational
cultures on risk, compliance and
organisational performance. In April
2015 top executives from Macquarie,
ANZ, NAB and CBA faced a Senate
inquiry to respond to questions about
their financial planning and wealth
divisions. The Australian Financial
Review reported at the time, that the
financial planning scandal at CBA alone
led to ‘thousands of clients losing
hundreds of millions in retirement
savings from receiving inappropriate
financial advice.’
These cases and others like them
have drawn intense public criticism
of perceived lack accountability for
behaviour at all levels of business.
Customers and shareholders alike,
expect leaders to create corporate
cultures that ensure their interests and
rights are protected. The pressure is
on for boards and senior leaders to not
only achieve superior financial results,
but to ensure approaches taken are
both ethical and prudent.
Desirable culture
A cultural environment in which
people feel not only safe to speak
up but expected to, is essential to
achieving an organisation’s governance
objectives. Just as important is
for people to have a deep sense
of personal accountability and the
courage to stand up for what is right.
Reflect for a moment on the cultural
environments you ...
This document discusses the concepts of ethics and business ethics. It can be summarized as follows:
1. Ethics is a branch of philosophy that involves examining concepts of right and wrong conduct and moral behavior in humans. Business ethics applies these ethical principles and frameworks to business behavior and decisions.
2. Business ethics is based on principles of integrity and fairness, and focuses on benefiting all stakeholders of a business, both internal and external. Stakeholders include shareholders, employees, customers, and society.
3. Implementing ethical practices in business can have benefits like creating rapport with the public, improving organizational effectiveness, promoting healthy competition, and benefiting all stakeholders of a business. Strong business ethics can ultimately help businesses succeed
Business ethics is a branch of philosophy that involves systematizing, defending and recommending concepts of right and wrong conduct in business. It is based on principles of integrity and fairness and concentrates on benefits to stakeholders, both internal and external. Some key factors that influence business ethics include leadership, corporate culture, strategy and performance, environmental factors, and individual characteristics. There are also different types of ethics considered in business such as transactional ethics, participatory ethics, and recognition ethics.
Business ethics and a company's cultural ethos are closely related. A company's ethics point to the standards of behavior expected within its culture. While an individual's morals may remain unchanged, the ethics they practice can depend on the social system or group they belong to, such as a company. Indian culture emphasizes strong ethical values like respect, cooperation over competition, welfare of all, spiritualism, and holistic decision-making. These cultural ethos should inform business ethics, which determine policies in areas like pricing, advertising, quality control, and environmental and consumer responsibilities. Examining a company's cultural ethos is important for understanding and adhering to its ethical framework.
This document outlines the table of contents for a paper on organizational culture and leadership. The document covers topics such as the influence of leaders on culture, how culture is created, characteristics of organizational culture, how culture affects leadership, and the importance of trust and leadership in culture. It also compares traditional American and Indian leadership styles and discusses how culture shapes leadership and vice versa.
Ethics is defined as a set of moral principles that govern conduct and determine right and wrong. Work ethics refers to standards of behavior in the workplace based on values. The basic elements of a strong work ethics code for an organization include integrity and loyalty, professionalism, respect and care for others, cooperation, fairness, and trustworthiness. Integrity means being honest and adhering to company policies and procedures. Professionalism involves competence, good judgement, and polite behavior. Respect involves valuing others regardless of attributes, while care shows genuine compassion. Cooperation is necessary to meet deadlines, and fairness means treating all employees equally justly. Trustworthiness means actions can be relied on absent direct oversight.
The document discusses ethical business leadership. It provides 10 characteristics of ethical leadership, including articulating organizational values and focusing on success over personal ego. It also outlines 5 pillars of ethical business leadership: commitment, relevance, adding positive value, influence, and focusing on means rather than just ends. The summary concludes with suggestions for becoming a more ethical business leader, such as walking the talk, finding a mantra, avoiding self-serving behaviors, and not working alone.
Term project ethics ethical business leadership ppt-fall 2016-business polici...Muhammad Asif Khan Awan
it describes the qualities that has been required to become an ethical leader while managing businesses. And how to take most morally valued business decisions which help you attainment of your vision.
Ethics, Corporate Responsibility, and Sustainability CANVAS.pptxjzellis05
This document outlines the key topics covered in a course on business ethics, corporate responsibility, and sustainability. It discusses how ethics applies to both individuals and businesses, and some of the major principles that can guide organizations. It also defines corporate social responsibility and explains how CSR initiatives can benefit companies and their various stakeholders. The document emphasizes that ethical leadership and values are important at both the individual and organizational levels to ensure businesses have a positive impact on society and all shareholders.
A team is a group of individuals, all working together for a common purpose. This Ppt derives a detail information on team building process and ats type with effective example by Tuckmans Model. it also describes about team issues and effective team work. Unclear Roles and Responsibilities of teams as well as individuals.
12 steps to transform your organization into the agile org you deservePierre E. NEIS
During an organizational transformation, the shift is from the previous state to an improved one. In the realm of agility, I emphasize the significance of identifying polarities. This approach helps establish a clear understanding of your objectives. I have outlined 12 incremental actions to delineate your organizational strategy.
Originally presented at XP2024 Bolzano
While agile has entered the post-mainstream age, possibly losing its mojo along the way, the rise of remote working is dealing a more severe blow than its industrialization.
In this talk we'll have a look to the cumulative effect of the constraints of a remote working environment and of the common countermeasures.
A presentation on mastering key management concepts across projects, products, programs, and portfolios. Whether you're an aspiring manager or looking to enhance your skills, this session will provide you with the knowledge and tools to succeed in various management roles. Learn about the distinct lifecycles, methodologies, and essential skillsets needed to thrive in today's dynamic business environment.
Designing and Sustaining Large-Scale Value-Centered Agile Ecosystems (powered...Alexey Krivitsky
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2. CONTENTS
• Introduction
• Meaning of Ethos and Ethics
• D/B Ethics and Ethos in Management
• Ethical Behaviours
• Advantages and Disadvantages of Ethical
Management
• Principles of Indian Ethos in management
• conclusion
2
3. Introduction
With this Presentation, we can understand
the work Ethos and Ethics that a manager
should excel to become a Professional
Manager. The Work Ethics are important for
a manager who is responsible for all the
employees working under them.
Presentation Title 3
4. What is Ethos?
Indian Ethos refers
to the values and
practices that the culture
of India can contribute to
service, Leadership and
Management.
5. What is Ethics?
Ethics in management refers
to a company’s social
responsiveness. It is ‘the
discipline that deals with what is
good and evil, or right and wrong,
or moral responsibility and duty.’
In other words, ethics in
management can be defined as “a
set of moral principles.”
6. D/B ETHICS AND ETHOS IN MANAGEMENT
ETHICS
Part of a philosophical branch that
distinguishes between right and
wrong.
Ethical Behaviour are
straightforwardness, respectability,
faithfulness, reasonableness, etc.
Applicable universally regardless of
geographical limitations.
ETHOS
A set of values and attributes
associated with a group.
Predominantly suggest to the
perspectives, convictions, and values
that give an individual or community
character.
Depends on culture, as well as
region.
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8. ADVANTAGES OF ETHICAL MANAGEMENT
cultivate strong teamwork and productivity
support employee growth and meaning
They helps in ensuring that policies are legal
Helps in avoiding criminal acts “of omission”
and can lower fines
Promotes a strong public image
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9. DISADVANTAGES OF ETHICAL
MANAGEMENT
Lack of Management Support
Cost
Lack of Profit Maximisation
Requires clarity at all times
Requires consistency without fail
9
10. PRINCIPLES OF INDIAN ETHOS IN
MANAGEMENT
1. Immense potential, energy and talents for
perfection, as a human being has the spirit
within his heart.
2. Cooperation is a powerful instrument for team
work and success.
3. Excellence at work through self motivation and
self development.
11. Apart from values and ethics
which I have tried to live by,
the legacy I would like to
leave behind is a very
simple one - that I have
always stood up for what I
consider to be the right
thing, and I have tried to be
as fair and equitable as I
could be.
- RATAN TATA