GEB-4455 Chapter Notes - Chapter 8: Organizational Ethics, Character Education, Continual Improvement Process
Document Summary
In the case of bad barrels, firms must redesign their image and culture to conform to industry and social standards of acceptable behavior. Companies that act to prevent misconduct by establishing and enforcing ethical and legal compliance programs may receive a carrot and avoid penalties should a violation occur. It uses legal terms, statutes, and contracts that teach employees the rules and penalties for noncompliance: the other system is a values orientation, which strives to develop shared values. Codes of conduct: most companies begin the process of establishing organizational ethics programs by developing codes of conduct, or formal statements that describe what an organization expects of its employees. Ethics officers: organizational ethics programs must have oversight by high ranking persons known to respect legal and ethical standards, these individuals-ethics officers- are responsible for managing their organizations ethics and legal compliance programs.