The, Ethics, And Today s Corporate Values - 922 Words

As shown in table 1, employees being dishonest can ruin relationships with coworkers and customers, ruin their personal reputation, and can leave important problems not resolved. Some of the more severe outcomes of acting dishonest can include termination and possibly even potential legal issues. In the article written by Ken Silverstein titled Enron, Ethics, And Today’s Corporate Values, he states that â€Å"sixteen executives involved in the Enron scandal were sentenced to prison† (Silverstein 2013). No matter the severity of the dishonest act, there will always be some form of punishment as the outcome. So how can employers reduce these acts of dishonesty in the workplace and prevent any of these punishable outcomes from occurring? Preventing lying, cheating, and stealing in the workforce can be difficult to manage but there are multiple steps employers can take to help prevent situations like these from arising in the workplace. Employers can enforce a code of ethics and many other policies that restrict the use of dishonesty. According to the article Employees Cheating Time†¦ But What Can You Do About It? by Kris Dunn, creating environments with employees who are honest about their work gives other employees people to look up to and mirror their actions, which could potentially help prevent dishonesty. Also, continually disciplining employees who are caught in the act of being dishonest will help reduce the amount of dishonesty in the workplace (Dunn 2011). InShow MoreRelatedCorporate Social Responsibility Of The Enron Corporation1124 Words   |  5 Pages We will look at the Enron Corporation and discuss its application of Corporate Social Responsibility (CSR) or in actuality its irresponsible beha vior as related to social responsibility. We will revisit what CSR is and discuss Enron’s philosophy regarding its use and function within the corporation. We will discuss the consequences of Enron’s irresponsible behavior and the far reaching effects it had on society. Corporate Social Responsibility are actions taken by a corporation that have positiveRead MoreThe Diversity Of Business Ethics907 Words   |  4 PagesDiversity in Business Ethics Today businesses are faced with challenges, one in particular is diversification. Diversification according to John Jefferson and his associates (2009) is a form of growth, and the marketing strategy of a company, which seeks to increase profitability through greater sales volume obtained from new products and new markets. Interesting Jefferson (2009) also, states, diversification can occur either at the business unit or corporate level. Which bring s me to my point on diversityRead MoreCultural Values and Personal Ethics1081 Words   |  5 PagesRunning head: CULTURAL VALUES AND PERSONAL ETHICS Effect of Cultural Values and Personal Ethics Anne E. Bonidie University of Phoenix Effect of Cultural Values and Personal Ethics Decisions we make everyday are influenced in part by our core values. Our cultural background, individual bias, personal ethics, and past experiences help to form the basis of our value system. We begin sharpening our values at a very early age. Our parents, teachers, friends, religious leaders, heroesRead MoreThe Evolution Of Business Ethics852 Words   |  4 PagesThe Evolution of Business Ethics Tim Bowles OMM-640 Business Ethics and Social Responsibility Dr. Andree Swanson May 17, 2015 Abstract Just as individuals differ, so do their ethical concepts and value arrangements. Personal guidelines or policies for everyday ethical conduct. Like all policies, a code of ethics must be capable of being enforced. Just as if people, corporations and businesses too, have their ethical concepts, systematic science, and a business philosophy they must followRead MoreProfessional Ethics and Values1020 Words   |  5 PagesRunning head: PROFESSIONAL VALUES AND ETHICS Professional Values and Ethics University of Phoenix Professional Values and Ethics What is the difference between values and ethics? Values are rules by which people make decisions about what is right versus wrong; good versus bad and what one should or should not do. The definition of values according to Dictionary.com is â€Å"the ideals, customs, institutions, etc., of a societyRead MoreGeneral Motors As A Diverse Multicultural Organization1627 Words   |  7 PagesBeginning with the explanation of how general Motors is able to attain behavioral control and the benefits of having the proper balance of culture, rewards, and boundaries. Understanding the importance of attaining behavioral control is important because today we more than ever we are faced with the obligation as leaders to do more with less and we must have a way to keep the organization moving forward while also keeping the employees motivated to do the same. A successful company must have a good organizationalRead MoreRole Of The Board Of Directors And Chief Executive Officer1592 Words à ‚  |  7 Pagescode of ethics and ethical values are key elements of the internal control process of public companies. The adequacy of an ethics system and the way of life of an organization should be a matter of concern and top priority to the Board of Directors and CEO. Having a code of ethics although is not a guarantee against corporate misconduct. An effective ethics system involves constant reinforcement of strong values. One of the roles of a CEO in a company is to develop and sustain a corporate cultureRead MoreEthics And Corporate Social Responsibility1637 Words   |  7 PagesLeadership contributed to Managing Sustainability: Ethics and Corporate Social Responsibility in the post-bureaucratic era. â€Å"Leadership is the process of directing, controlling, motivating and inspiring staff toward the realization of stated organizational goals† (Clegg, S.R. Kornberger, M. Pitsis. 2011, p.126.) Leadership in the post-bureaucratic era is essential for the success of a company, and also plays part into the Sustainability of Ethics and Corporate Social Responsibility for an enterprise. InRead MoreEthical And Socially Responsible Business Practice1662 Words   |  7 Pagesethical and socially responsible business practice. In today s business world, it is difficult for corporations to define what is regarded as a responsible business practice in the areas of ethical and social responsibilities. The hallmark of a good company is to maintain a strong ethical practice, values, policies and social responsibilities that guides its conducts as well as the activities of its employees. Taylor (1975), defined ethics as the inquiry into the nature and grounds of moralityRead MoreEthics Of Enron : A Corporate Disaster1408 Words   |  6 Pages The Ethics of Enron: A Corporate Disaster Racheal D. Smith Salem International University â€Æ' The Ethics of Enron: A Corporate Disaster Ethics, as stated by Dawn D. Bennett-Alexander and Linda F. Harrison in The Legal, Ethical Regulatory Environment of Business in a Diverse Society, are considered subjective laws as well as a how-to-guide for businesses in how they conduct themselves with their suppliers, customers, employees, and anyone else they do business with (2012). It is not enough to