This slide about continuous professional development

1. Student Name
Course
Univerity
Professor
Date
1
Presenter

2. Ethical practice in business

3. Question 1
3

4. PEOPLES’ PROFESSION
Now profession has changed to become people's profession in
that people are now not the company's resources; instead, they
are recognized as essential assets (Peters, 2020).
Human profession goes beyond and human resource
managers recognize the importance of human capital.
4

5. cont.
It is now time they should recognize it as
value-adding and business-
dependent Human workforce asset is
composed of the company's
workforce's knowledge, skills, and
capability.
5

6. “
Developing human capital for a firm is
essential for the company's success.
A company's human resource now develops
and manages people and their practices
while prioritizing the employee's experience
(Peters, 2020).
6

7. “
However, the challenge comes in
managing people and their talents
(Peters, 2020).
7

8. “
Social responsibility, globalization, and
advancement in technology have
shaped the way organisations are now
run, thus significantly affecting the
activities done in these firms. Other
things also shape the way people are
being managed in a company
8

9. Professionalism
Professionalism ensures that the job is done
with high standards, which can be seen both by
the client and the employer (Mind tools, 2021).
Everyone wants to be a professional in their
career, with a student having a lot of
expectations in the future when they enter the
job industry.
9

10. Professionalism is consistency in providing
service when the role job you are given.
Professionals are supposed to react in a specific
way that is somehow similar or different from
other professions.
10

11. 11
Each profession has laid down
regulations that guide and dedicate
professionals to carrying themselves
while they work.
These rules are essential since they laid
down the ground for personal and ethical
behaviour.
These behaviours are essential when it
comes to doing the work.

12. 12
Some professionals are outstanding in their
work with excellent skills and competency, by
they fail to conduct themselves ethically.
Skills are essential for anyone who want to get
employed and work in professional fields.

13. 13
Professional Attributes
 Competency
 Knowledge
 Conscientiousness
 Integrity
 Respect
 Emotional intelligence
 Appropriateness
 Confidence

14. 14
Question 2

15. 15
Ethics
Everyone in business is
supposed to practice ethics,
whether self-employed or
employed. Ethics is about moral
judgment and doing what is
morally right.

16. 16
organisational ethical behaviour
refers to members conducting and
performing morally accepted
actions. Ethics is vital in business
because unethical behaviour like
fraud, lying, sabotage, price-fixing,
and misreporting has resulted in
the collapse of companies like
Wallstreet (South University, 2017).

17. 17
PROFESSION AND BUSINESS ETHICS
Professional ethics are twelve in
number, and to mention a few, they
include
 integrity,
 equality,
 transparency,
 loyalty,
 respect,
 Accountability e.t.c

18. Involves sticking with the
original decision/truth and
not changing it even under
pressure.
18
Integrity

19. Transparency
19
Involves disclosing all necessary
information that represents the facts to
the public or the client to enable them
make decision (Indeed, 2021).
Transparency is not only publicizing the
company information but also displaying
the truth.

20. Accountability
20
Involves taking responsibility for the
actions and decisions made by an
individual or the company. Taking
responsibility mainly involves admitting
that the company or individual made
the source of the mistake (Indeed, 2021).

21. During a public relations crisis where may
the company made a promotion that
resulted in an adverse reaction, most
companies come out and make a public
statement about the issue. Most companies
admit their involvement in the issue of who
caused the issue.
21

22. Most companies publicly apologize for
their actions and immediately remedy
the issue. Admitting this can help the
company regain trust from the public
and stakeholders.
22

23. Professionals also make mistakes that
can put a company in jeopardy. A
person coming out and admitting their
mistakes to their supervisor or boss,
depending on the structure design for
reporting
23

24. Taking responsibility and rectifying
mistakes
Involves admitting the mistakes
that you have made as a person.
24

25. Conti..
The first step of accountability is
admitting that you have made a
mistake then showing remorse for
the problem (Hyatt, 2017). After
expressing remorse, the person tries
to rectify the mistake
25

26. Question 3
26

27. GOOD PEOPLE PRACTICE
Good professional practice is
mainly influenced by three factors:
 Personal
 organisational
 Situational
27

28. These factors influence each other when making a decision
about morality.
Personal
Situational
organisational
28

29. PERSONAL FACTORS
Morally upright individuals
will practice exemplary
professionalism regardless
of the situational or
organisational constraints
(Gifford et al., 2019).
29

30. Person’s Authority and Ethic
Individuals with less authority will be
highly likely to resist supervisors who
may suggest that they practice
malicious acts that will benefit both of
them or the company (Gifford et al.,
2019).
30

31. Idealism and Ethics
Individuals governed by ideas of
universal principles of ethics tend to
practice moral actions in their
profession(Gifford et al., 2019).
31

32. Honesty and Ethics
The principle of ethics guides honest
people; hence they will practice and
choose moral behaviour in their
personal and professional life (Gifford
et al., 2019).
32

33. Reporting Unethical practices
There are working environments led
by leaders who practice unethical
choices and actions.
Companies and the government have
laid down protocols and policies to
report unethical work practices
33

34. Conti.
◦ Unethical work practices include
denying individuals equal access to
employment, development and
training (Wahab and Green, 2021).
Other cases include bullying,
discrimination, harassment and
victimization.
34

35. Cost of unethical policies
organisation policies that exclude
certain groups can result in people
filing a lawsuit.
A court may also ask the company to
pay millions to billion dollars to
discriminate policies
35

36. Question 4
36

37. Inclusion and Diversity
Managing people can be very challenging;
however, leaders try to include everyone in
making the company a better working
environment.
37

38. Recruiting
Diversity and inclusion help an
organisation recruit and retain
employees that will best contribute to
its performance (Wahab and Green,
2021).
38

39. Attract talented employees
Companies hiring diverse
environments help create a human
capital that will view a problem from
different perspectives (Cole, 2020).
These perspectives will solve the
organisation's new challenges by
contributing to different ideas
39

40. Productivity
Diversity promotes teamwork and
increases company productivity
(Cole, 2020). This increase in
productivity is because a diverse
working environment comprises
people with different skills and
experiences
40

41. Personal benefit
Employees will get the chance to
learn and develop skills from more
experienced colleagues by increasing
their overall output for the company.
41

42. Marketing
An industry with a deviser human
capacity is beneficial in the business's
internal operations and external (Cole,
2020). The company will design services
and goods based on their employees
since they mimic the market the
products are targeting.
42

43. Question 5
43

44. Proposing a Policy
Transparency is an issue in people's
practice teams. As a line manager, it's
my responsibility that all my employees
are transparent in everything they do. I
am developing a plan to help them
achieve this transparency.
44

45. Goal: All my employees will be transparent
by the end of the 2023 financial year
Transparency must be in everything they
do, including regularly writing reports.
Finance and accountants must also
portray professional transparency a
display actual financial figures without
fixing any digit or report.
45

46. Data Collection
I will ask several employees in the
company areas they find it difficult to
be transparent.
46

47. Identify Concerns
Their responses were very
insightful. Some of the supervisors'
replies focus on them adjusting
their department reports. Others
said they want to look more
productive; hence, they lie in their
reports since their actual report will
not show productivity.
47

48. Concerns
Supervisors influence results in cheating
when writing the reports.
Psychological fear of employees feeling
there will lose their jobs.
48

49. Developing a plan
I plan to solve these two main
issues the employees face to
ensure they are transparent in
this report.
49

50. Plan
I want to make my employees feel safe in
the environment they work in. the following
are what I plan to do:
1. Regularly motivate the employees and
help them know that hey company values
them. I will do this by introducing employee
of the month awards.
50

51. 2. Change ethical misconduct reporting
procedure to include direct reporting to the
line manager without going to the
supervisor first.
51

52. Implement the Plan
Before I implement these two plans will
acquire support from employees and listen
to their concerns (Yvanovich, 2020).
I will implement these two measures with
restrictions that anyone caught breaking
the transparency code will face the
company disciplinary committee.
52

53. Measure to ensure compliance
◦ Suspension from the current job position
◦ Receive a three-month leaf from their
responsibility without pay.
53

54. Conti.
◦ A person loses their job when
found continuous practicing
misconduct hinders transparency
and may have to face a legal
conviction depending on their acts.
54

55. Measuring Results
I will measure the performance of the policy
against the set outcome. One way of
measuring the outcome of the policy is
through performing quarterly auditing and
review of all the departments.
55

56. Conti.
◦ Adjusting the policy to ensure it
meet all the requirement
56

57. References
Cole, B., 2020. 8 Reasons Why Diversity And Inclusion Are Essential To Business Success. [online]
Forbes. Available at: <https://www.forbes.com/sites/biancamillercole/2020/09/15/8-reasons-why-
diversity-and-inclusion-are-essential-to-business-success/?sh=580cf9c11824> [Accessed 7
December 2021].
Gifford, J., Green, M., Barends, E., Janssen, B., Capezio, A. and Ngo, N., 2021. Rotten apples, bad
barrels and sticky situations: an evidence review of unethical workplace behaviour. [online]
Cipd.co.uk. Available at: <https://www.cipd.co.uk/Images/unethical-behaviour-in-the-
workplace_report-2_tcm18-57022.pdf> [Accessed 7 December 2021].
Hyatt, M., 2017. How to Take Responsibility after a Major Mistake - Michael Hyatt. [online] Michael
Hyatt. Available at: <https://michaelhyatt.com/responsibility-major-mistake/> [Accessed 7 December
2021].

58. References
Indeed, 2021. 12 Examples of Business Ethics and Why They're Important. [online] Indeed.com.
Available at: <https://www.indeed.com/career-advice/career-development/example-of-ethics>
[Accessed 7 December 2021].
Mind tools, 2021. Professionalism: Meeting the Standards That Matter. [online] Mindtools.com.
Available at: <https://www.mindtools.com/pages/article/professionalism.htm> [Accessed 6
December 2021].
Peters, R., 2020. Why we call it the people profession | CIPD. [online] CIPD People Profession.
Available at: <https://peopleprofession.cipd.org/insights/articles/why-people-profession#gref>
[Accessed 6 December 2021].

59. References
South University, 2017. Ethical Principles for Business. [online] Southuniversity.edu. Available at:
<https://www.southuniversity.edu/news-and-blogs/2017/07/ethical-principles-for-business-38725>
[Accessed 6 December 2021].
Wahab, A. and Green, M., 2021. Inclusion and Diversity in the Workplace | Factsheets | CIPD. [online]
CIPD. Available at:
<https://www.cipd.co.uk/knowledge/fundamentals/relations/diversity/factsheet#6441> [Accessed 7
December 2021
Yvanovich, R., 2020. The 6-step Guide to Developing a Diversity and Inclusion Plan. [Online] TRG
Blog. Available at: <The 6-Step Guide to Developing a Diversity and Inclusion Plan
(trginternational.com)> [Accessed 7 December 2021