Ethical Code of Conduct - Essay Example

The course of action taken by every employee should be impartial and objective oriented. This implies that employees should behave in a way that in no way diminishes the ethical value and standards of the other person.

d) Political neutrality
Political activities often lead to professional conflicts therefore employees need to be neutral in this case and mustn’t involve themselves in political or other conflict-creating activities.
e) Conflict of interest
Employees mustn’t use their official status for their purposes and must also avoid those activities that involve the risk of corruption or any other activity that may defame the organization.

2. “Write a 200- to 300-word ethical code of conduct listing the rules and principles that your company will use in decision making.”
Framework for ethical decision making
Ferrel, Fredrich, and Ferell (2009) suggest that as a guide in deciding on a course of action, follow these steps and ask yourself these questions:
a) Recognition of the particular issue, concern, or event:
The employer must assess the whole situation in which he/she is obliged to identify or recognize the specific concerning issue as to whether there is any ethical impact upon the decision which he/she is supposed to take.

b) Analysis of the situation before a particular action
The analysis of the situation demands the ethical decision made to clarify the exact issue, the main problem; the causes of the problem, the consequences, results, and outcomes of the actions, and the parties and the stakeholders that may be affected because of ethical decisions.
c) Decision on a particular course of action
This is a decision-making step in which the decider has to determine his role and responsibility, evaluate all the relevant facts, figures, and information regarding the dilemma, assess the element of the risks involved in that particular decision and the ultimate desired course of action to minimize and mitigate those risks, and eventually decide the best course of the course of action to resolve the dilemma.

d) Verification of the decision taken
In the verification step, the decider verifies the decision that he/she has taken by way of reviewing and monitoring the consequences of the action and takes corrective actions when he/she finds any deviation from the original decision.
e) Progression of the decision with confidence
This step involves the communication and justification of the decision to the concerned stakeholders and clarifications of the points and reservations which are popped up by the stakeholders relevant to the case.

3. “Provide a brief explanation of why you selected each rule and principle.”
The above-mentioned rule and principles are selected to avoid workplace conflicts and also to maintain the reputation of the company. There are many instances where unethical, illogical, and illegal behavior of employees caused disasters to the companies, therefore maintaining employees’ moral standards to a great extent is vital for every organization. Read More