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Professional Values and Ethics and Assignment

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Professional values and ethics and

assignment

SUBMITTED BY:
SHASHWAT SHUKLA
BBA IB SECTION E SEM 5
A1833318033

SUBMITTED TO-
Prof Chitra Krishnan

AMITY INTERNATIONAL BUSINESS SCHOOL


Task - Carry out an industrial survey to identify and understand the
translation of professional values and ethics in daily work practices.
Compile a minor report on it.

Workplace values and ethics are established at the helm of the organization. Values and
ethics define what the company perceives as important regarding the behavior of everyone
from the top-level executive to the employees working with consumers. Companies, large and
small, find themselves in public relations nightmares when ethical lines are crossed. The most
problematic areas are fraud, discrimination and sexual misconduct.

Defining an Organization's Values and Ethics


The values and ethics of a business are the moral code by which the business
operates. While no business can control the actions of every employee, it can define
expectations and develop procedures for violations. Many organizations have similar
areas of focus when it comes to values and ethics.

These include but aren't limited to honesty, accountability, respect, caring and
reliability. Values and ethics should be defined in an organization's bylaws, mission
statement, vision statement and policies.

Internal Business Practices


When it comes to internal business practices, values and ethics refer to the
expectations among employees. These practices apply to both manager/subordinate
relationships and co-worker interactions. People who work together often develop
friendships, but co-workers can also develop negative feelings about others on the
team.

Defining Appropriate and Acceptable Behaviour


Internal business practices must define appropriate and acceptable behavior. Some
companies explicitly forbid dating among co-workers. Other companies have policies
that prohibit alcohol at any company party or internal function. These rules are
designed to avert potential problems.

Employee Education and Training


Some employers hold mandatory diversity or sexual harassment training to educate
employees on the most common types of inappropriate behavior. Education and
coaching policies are growing as pre-emptive actions.
SURVEYS
A short survey was conducted to understand the translation of professional values and ethics in
daily work practices. The respondents are from different organizations

THE EFFECT OF CONGRUENCE OF VALUES TO YOU AND THE


ORGANIZATION
Questions
 Name of the organization
 I am satisfied with my job at the organization I work in.

 I feel committed to the organization I work in.

 I am motivated to work in the current organization.

 I show initiative at the organization I work in.

 I feel like a part of the organization, at the organization I work in.

 I want to continue/keep working at this organization.

 At the organization I work in, I voluntarily perform activities, which do not correspond with my
job description.

 The employees at the organization I work in abide by the code of Ethics.

 The employees trust each other at the organization I work in.

 At the organization I work in there is a positive social atmosphere (for example, the
employees interact with each other)
Organizational Ethics Assessment
1. Does your organization have a written ethics policy?
2. Does your company require it’s employees to sign a code of conduct statement?
3. Are ethical behaviors expected out of your leaders?
4. Are ethical behaviors rewarded?
5. Do the leaders in your organization act ethically?
6. Are the leaders in your organization honest?
7. Is the behavior of your leaders consistent with the stated ethics and values of the
organization?
8. Do the leaders in your organization employ favoritism?
9. Does your organization offer training in business ethics?
10.Do the leaders in your organization balance the needs of the business with ethical issues
appropriately?
11.Does your organization balance it’s short term business goals with its long term need for
success?
This data is collected from employees of Myntra Jabong India Pvt ltd , Spark minda group and
Group five pipe Saudi Company. In the first survey goal of the study was to identify the role
value congruence in organizational change. I have asked a lot of question to employees of this
company regarding work environment , job satisfaction , and code of ethics.
Response from these employees were as follows
I conducted another survey based on code of ethics in an organization where I asked them about
training in business ethics, ethical issues and favouritism.
Conclusion
Based on this study conclusion is Organisations commonly commit to an ethical philosophy
using a documented code of conduct. However, the simple act of writing a code of conduct is not
sufficient in itself to develop an organisational-wide culture of ethics. To be effective, a culture
of ethics must be woven into the fabric of the organisation. Organisations that harmonise their
day-to-day conduct with their core values have been shown to build greater customer loyalty,
attract and retain superior, more productive employees, and achieve lower costs of capital
through greater investor confidence.
Ethical and responsible decision making is a key component of good governance, and
organisations have been shown to thrive under ethical leadership. If an entity fails to conduct
itself honestly or with a sense of fair play, it will ultimately become vulnerable to competition
(through a loss of reputation) and risk losing much of its customer base. However, by embracing
a culture that reflects trustworthiness, organisations are able to achieve strategic competitive
advantages, which lead to improved sustainability.
Ethical cultural values have the potential to inspire employees to reach their maximum potential.

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