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Business ethics

The Ethics Resource Center reports that non-unionized employees perceive stronger
ethical cultures within their organizations than their unionized counterparts. The non-
profit organization also reports that young workers are more likely to perceive weak
ethical cultures within their companies than older ones. Managers also tend to value
stronger ethical cultures than employees in non-management positions. It is your duty as a
manager to incorporate and manage a strong ethical culture within your business.
Workplace ethics are significant to your business and provide numerous benefits.

Asset Protection

A strong ethical culture within your business is important in safeguarding your assets.
Employees who abide by your workplace ethics would be able to protect and respect your
business’s assets. For example, they would avoid making personal long distance calls using
the business’s lines. Workers can only respect company property when you treat them with
respect and dignity, which makes them feel proud to be working for your business. Ensure
that your workers perform in an environment with integrity and strong ethics. It increases
employee pride and discourages them from stealing supplies or equipment.

Productivity and Teamwork

Workplace ethics is integral in fostering increased productivity and teamwork among your
employees. It helps in aligning the values of your business with those of your workers.
Achieving this alignment requires that you encourage consistent dialogue regarding the
values of your business, which enhances community, integrity and openness among
employees. Ethics enable your workers to feel a strong alignment between their values and
those of your business. They show such feelings through increased productivity and
motivation.

Public Image

You earn a lot of respect and cultivate a strong image in the public domain when you make
ethical choices. For instance, you can fulfill your corporate social responsibility by reducing
waste discharge from your business. The public would consider your business to be
operating with honor and integrity while valuing people over profits. Building a strong
public image through ethical conduct also earns you more clients. Customers would
develop trust in you and do business with your organization.

Decision-Making

Ethical conduct in the workplace encourages a culture of making decisions based on ethics.
It also enhances accountability and transparency when undertaking any business decisions.
During turbulent times, a strong ethical culture guides you in managing such conflicts by
making the right moves. It can help you to introduce change successfully in your
organization, which can be a challenge. Ethical conduct within the business sensitizes you
and your staff on how to act consistently even in difficult times.

Larry Ventimiglio
Management Consultant
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7 comments

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Nichala Wilson
Student at Caribbean Maritime University
thank you, my research is well sourced
4mo
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Witney Samwelsammy
--
I would like to have more importants for good ethics
6mo
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1 Like

Ssentabadde Bruhan
Student at Makerere University
Thanks...my coursework is sorted
7mo
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Hashim Moto
Student at UNIRAZAK
Thanks for this article
8mo
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Sandy Gainey
Administrative Assistant and Office Manager at Ozark Police Department
Thanks for this article! It's right on target and I'm citing it in my homework
assignment.
1y
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1 Like

1 Reply

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Deepak Kumar
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Yess it's very important for my homework
8mo
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andrew khondowe
works at spar
good article
2y

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1 Like

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