Business Ethics

Business Ethics Discussion Post

Now that you have an understanding of corporate culture, and the variables that impact it, how would you characterize an ethically effective culture – one that would effectively lead to a profitable and valuable long-term sustainability for the firm?

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An ethical culture in a firm is crucial in goal achievement, success, and growth. Ethical company culture has several characteristics including training and capacity building. To establish an ethical culture, employers need to educate employees on the ethics and values of the firm. Employees also need continuous reminders about workplace ethics in the form of training or mentorship that guides employees whenever they are faced with dilemmas. An ethical culture promotes integrity. Newman, Round, Bhattacharya & Roy (2017) note that integrity ascertains that employees will choose the benefits of the team or firm above self-gratification. Even when faced with situations in which their actions are hidden, their decision-making will have a positive effect on their employer and team members. Lastly, I believe that an ethical culture comprises effective leadership guided by values like honesty, fairness, and trustworthiness. Knowingly and unknowingly, leaders inspire their followers to act as they do. Subordinates are more likely to follow the actions of their leaders as opposed to their words. As such, an ethical culture empowers leaders to initiate ethical decision-making as an example to other employees

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