Addressing an Ethical Issue

Running head: ADDRESSING AN ETHICAL ISSUE 1
Addressing an Ethical Issue
Student’s Name
Institutional Affiliation
ADDRESSING AN ETHICAL ISSUE 2
Introduction
The theme of ethics is very present in the business world. Whether at the level of
personnel management or hierarchical relationships, but also in company strategies. To integrate
the issue of values in management, the company has the possibility to adopt an organizational
ethic. In this way, managers can set limits on staff behaviors. To do this, they formalize a set of
rules associated with a system of values judging what is right or wrong at the level of the
operation of the company (Clegg, et al., 2007). The corporate management is therefore charged
with the responsibility of creating policies that address ethical issues within the organization.
How this is done, and potential social impacts, the limitations and all elements involving
monitoring and compliance are expounded upon in this report.
A corporate can develop a workplace policy which is based on the mission, code of
conduct and philosophy of the organization. This is then incorporated into the management
program which will function to hold employees accountable for their actions and also encourage
them to be professionally responsible for upholding standards when they interact with their
colleagues and supervisors.
When the ethical issue has been identified, the relevant facts are gathered and ascertained
whether they define the situation at hand. The policy has to ensure that no assumptions are made
when identifying ethical problems within a corporate. There should be a criterion for the
identification of the key stakeholders who have been affected when there is a moral problem.
The possibility of conflict among the subjects is examined, and the potential allies to the parties
affected also probed.
The next step in the policy is to assess the ethical issues which have been involved. This
is determined by referring to the code of ethics and identifying the organizational and
ADDRESSING AN ETHICAL ISSUE 3
professional ethics aspects. The reputation of the professions involved has to be protected, and
this would call for the investigation into the problem. A procedure is laid out on determining
whether the ethical issue will have an adverse impact on public interest.
Identification of the affected fundamental principles. Issues of integrity, objectivity,
professional behavior, self-interest, and confidentiality have to be looked into (Clegg, et al.,
2007). The principles of professional competence and intimidation must be investigated. The
policy should provide for the possibility of safeguards that could eliminate the threats on ethics
to acceptable levels. These may include working environment, the individual workers, and the
legal framework.
Resolving ethical issue would require reference to the internal procedures of the
organization. This involves checking whether the policies and procedures set by the corporate
provide any guidance. The people who should participate in designing the plan could be on the
organization's provisions. The circumstances under which external advice can be sought are
ascertained from the corporate's policy. It can also give directions on whistleblowing procedures
if there are any.
Implementing the policy. The ethical issue is addressed through implementation of the
prescribed plan and monitoring is performed to assess the effectiveness. The decisions taken
should be well documented for future reference when there is need to justify the course of action
which was taken (Crane, & Matten, 2016).
The social responsibility that comes with the policy is that the decisions and actions of
the employees will be ethically validated before taking any steps. Individuals would act in a way
that is beneficial to the organization. When social responsibility is maintained within a company,
the integrity of the environment and the society as a whole is protected.
ADDRESSING AN ETHICAL ISSUE 4
The limitations of the recommended policy are that it requires support by the
management for it to be effective. If the management team uses its perspective of corporate
ethics in the organization, then confusion can erupt within the workplace. This may undermine
the culture of the organization (Crane, & Matten, 2016). All the steps highlighted above in the
development of policy to address ethical problems have to be implemented and communicated to
authority by the management to avoid negligence.
Ethics compliance program would be costly to the organization. The entire process of
developing and maintaining the policy can consume time and be expensive to the undertakers. It
will require the hiring of officers of ethics and the diversion of personnel and financial resources.
Strategies for monitoring and compliance include self-monitoring. This is where the
operations staff conduct surveillance and reporting on their performance (Gabel, et al., 2009).
This creates responsibility and accountability among the workers, which lessens the work of
monitoring by the management.
Continuous monitoring is a second strategy where the process is conducted as an ongoing
activity. The management uses this to ascertain the smooth operation of the controls and the
transactions conducted as prescribed (Gabel, et al., 2009). Thirdly, the use of metrics can be
employed to monitor whether an activity meets the stipulated goals and whether the staff who are
responsible are doing their job.
In conclusion, policies have to be designed to address ethical problems within an
organization for the efficiency of operations. This protects the image of the institution and avoids
adversities that may befall the organization. In doing so, all the parameters of ethical decision
making are considered as described. When this is implemented, social responsibility is realized,
ADDRESSING AN ETHICAL ISSUE 5
and the process may meet several limitations, but the overall effect is the positive impact that is
created by a properly designed ethics policy.
ADDRESSING AN ETHICAL ISSUE 6
References
Clegg, S., Kornberger, M., & Rhodes, C. (2007). Business ethics as practice. British Journal of
Management, 18(2), 107-122.
Crane, A., & Matten, D. (2016). Business ethics: Managing corporate citizenship and
sustainability in the age of globalization. Oxford University Press.
Gabel, J. T., Mansfield, N. R., & Houghton, S. M. (2009). Letter vs. spirit: The evolution of
compliance into ethics. American Business Law Journal, 46(3), 453-486.

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