As with beliefs and values, personal ethics can differ widely from person to person. As mentioned already, beliefs and values often motivate a person by defining what they see as being important.
In turn, they influence a person’s attitudes, and how they behave. Ethical expectations often take the form of principles such as:
In life our behavior is governed by different norm systems. The word NORM comes from Latin “NORMA”= yardstick. Norms dictate what we “ought” or “ought not” to do.
The norm systems governing the behavior of a professional are:
1.Individual morality
2.Positive morality
3.Law (Legal Norms)
4.Professional Ethics
Most of profession have common fundamental principles which boil down to four universal fundamental principles
1.Respect for People’s Dignity and Rights
2.Responsible Practice
3.Integrity in Relationships
4.Responsibility
Clients are clearly the professionals first responsibility but professionals also have a responsibility to society
Examples of responsible social actions are to:
The notion of ethics in business can be traced back to the earliest forms of bartering, based on the principle of equal exchange. Countless philosophers and economists have examined the topic, from Aristotle and his concept of justice to Karl Marx's attack on capitalism.
But the modern concept of business ethics dates back to the rise of anti-big business protest groups in the United States in the 1970s. The subject gradually became an academic field in its own right, with both philosophical and empirical branches.
Then, thanks to government legislation, ethics have been incorporated into businesses, reflected today in corporate social responsibility strategies and codes of conduct. Business ethics is now not only a firmly established academic field, it is something companies realize they need to manage and internalize.
The history of “business ethics” depends on how one defines it. Although the term is used in several senses and varies somewhat for different countries, its current use originated in the United States and became widespread in the 1970s.
The history of business ethics in the United States can be viewed as the intersection of three intertwined strands. Each of these in turn can be divided into at least two related branches.
The first strand, which I shall call the ethics-in-business strand, is the long tradition of applying ethical norms to business, just as it has been applied to other areas of social and personal life. This strand can be divided further into the secular and the religious branches.
The second strand is the development of an academic field, which has been called business ethics. It also has two main branches, one being the philosophical business-ethics branch, which is normative and critical, and the other the social-scientific branch, which is primarily descriptive and empirical.
The third strand is the adoption of ethics or at least the trappings of ethics in businesses. This again subdivides into the integration of ethics into business and business practices on the one hand and the commitment to corporate social responsibility on the other.
Business ethics was introduced into Europe and Japan in the 1980s although the term did not translate easily, and the development in each country varied from that in the United States because of socio-political-economic differences. It then spread in a variety of ways to other parts of the world, each time with a different local emphasis and history. On the world-wide level it became associated with the UN Global Compact, initiated by the then UN Secretary-General Kofi Annan in an address to The World Economic Forum on January 31, 1999, and officially launched in July, 2000.
Ethical corporate behavior is nothing but a reiteration of the ancient wisdom that ‘honesty is the best policy’. The dramatic collapse of some of the Fortune 500 companies such as Enron and WorldCom or the well-known auditing firm Andersen showed that even successful companies could ultimately come to grief, if their managers did not practice the basic principles of integrity. For every profession we would think of a code of conduct or a set of values, which has a moral content and that would be the essence of ethics for that profession. There should be transparency in operations leading to accountability, which should ensure safety and protect the interest of all stakeholders.
Ethics are the set of rules that govern the behavior of a person, established by a group or culture. Values refer to the beliefs for which a person has an enduring preference. Ethics and values are important in every aspect of life, when we have to make a choice between two things, wherein ethics determine what is right, values determine what is important.
Unethical behavior in the workplace doesn’t have to be widespread or wasteful to be costly. Corporate scandals that finish with the arrests of immoral executives may gather the headlines. But the cumulative damages caused by the apparently small indiscretions that employees and managers commit every day are just as bad.
Almost half of the 120 million workers in the United States have acknowledged witnessing ethical misconduct. Whether it’s a common infraction like misusing company time, mistreating others, lying, stealing or violating company internet policies, unethical behavior in the workplace is widespread.
These are the root causes of unethical behavior:
1.No Code of Ethics
2.Fear of Reprisal
3.Impact of Peer Influence
4.Going Down a Slippery Slope
Setting a Bad Example
Ignoring the small stuff will not necessarily lead to the type of scandals that make the news. But ethical misconduct could prove costly if it is not stopped. Identifying these causes of unethical behavior in the workplace could prevent problems and minimize damages.
PLUS Ethical Decision-Making Model is one of the most used and widely cited ethical models. To create a clear and cohesive approach to implementing a solution to an ethical problem, the model is set in a way that it gives the leader “ethical filters” to make decisions.
The letters in PLUS each stand for a filter that leaders can use for decision-making:
These filters can even be applied to the process, so leaders have a clear ethical framework all along the way.