Wednesday, August 29, 2012

And 'Corporate Ethics benefits to the bottom line?


This is a new world. A world where the ordinary man or woman on the street has words like "Enron" and "Arthur Andersen" and "WorldCom" on the tip of their tongues. But it will be more corporate scandals have shaken the foundation of American confidence in their companies and their executives, this world is again in another way. Global competition has never been severe. American companies are sending work abroad to centers of cheap labor outsourcing at a record pace to try and stop the flow of red in their profits column. Companies are competing with rivals from around the world that rivals can not contain the same ethical standards of behavior, using child labor, for example, or refusing to provide its workforce.

American organizations can really afford to operate ethically? It aims to improve their bottom line over time? The answer can be found in examining the five major advantages that the company ethics training, and coaching employees behave ethically alleged, may have within an organization. Before listing these benefits, you must first said that the trend for companies that make coaching his ethics in staffing is to have workshops or other one-time "events." These are, for the most part, ineffective compared to a coherent program of ethics that seeks to incorporate ethics into every piece of common training and management across the enterprise.

Therefore, this article will refer to "ethics programs" rather than the ethical training.

A Advantage: Ethics programs chart a course in a time of change. Times of upheaval is what we face in today's economy. In these seasons, the line between right and fitting can become blurred, but the choice of making a fast buck but questionable can permanently damage your company's future ability to operate with integrity. If it becomes kosher to earn money outside the unit through unscrupulous means, what is to say that employees do not begin to defraud the employer as well?

Advantage Two: public image is essential for survival. The vast majority of U.S. companies are publicly traded, traded, or at least dependent on the public as consumers of their products. A company that is committed to ethical integrity and earns a reputation for doing so to protect myself from corporate scandals, will win public confidence and loyalty, therefore financial.

Advantage Three: Ethics are cheap. In the long run, the ethics of saving money. Period. Less internal police must go on, saving costs. But much more importantly, scandals, siphon, and embezzlement can be caught before they reach a truly enormous scale. As well, governmental fines for offenses are reduced to be captured in an earlier phase of the smallest crime.

Benefit Four: Ethics teamwork and work ethic. The hard work is just that: an ethic. An ongoing and transparent to the ethical issues and problems, and stress from the direction of society on fundamental values, in time produce a culture that reinforce and reward teamwork and hard work.

Five Pros: Peace of Mind 'is a nice good old relationship but true. The owners, executives, managers and employees an ethical and honest, and that makes you happier, more well-adjusted employees who tend to have longer careers, higher production rates, and more fun than firms less reliable . Doing good in the long run and will reward you every time .......

No comments:

Post a Comment