The Role of Ethics in Organizations

Topic: Business Ethics
Words: 841 Pages: 3
Table of Contents

Introduction

Ethics play a vital role in an organization for the guide employers and employees in their conduct in the workplace, thus, increasing the organization’s output. Adherence to ethics in an organization promotes good morals among its members, resulting in mutual understanding and teamwork and benefiting the organization. Ethics enables employers and employees to make ethical decisions in a business setup.

Discussion

Adopting an ethical culture in an organization results in transparency and accountability among workers. An ethical culture also enables leaders and workers to solve conflicts that may ethically occur among themselves. Ethics should be upheld in any organization as a guiding tool among workers as this will boost their morale in their work (Malik et al., 2018). Motivation among workers helps the organization retain them, building its reputation. Organizations should uphold an ethical culture to create a good working environment for everyone and build customer loyalty. Strictness and adherence to ethics should be observed to develop a good working environment for all workers in the organization. This paper will discuss the role of ethics in the 21st century and recommendations to promote positive change in today’s organizations.

Ethical standards in an organization form the foundation for the success of the whole organization. Ethics promote resourcefulness since good morals, acceptable values, and ethical standards are considered and implemented by the organization’s employers and employees. In an organization, ethics may be communicated among workers in written form or even orally. Communication will enable all employees in the organization to understand what is required of them. Ethics should be clear to all workers to feel free and secure in their workplace. In areas where they need help understanding what is required, ethical training arises to make workers know the organization’s policies and what is expected of them. Ethical awareness among employers and employees leads to a maximum realization of profits due to oneness in the organization.

Leaders in organizations have a role to play ethically as they have to aspire, develop, and promote trust and respect among employees. In the same case, employees should willingly observe and articulate ethics in the institution. These rules should be their guiding tool as ethics do not favor specific individuals, for they are made to guide seniors and their juniors. In a business organization, ethics will enable workers to know what has to be kept as a secret behind the business’ success (Vallaster et al.,2019). Individuals ought to be confidential as exposure of the business’ operation criteria may lead to the establishment of similar companies and thus competition which is a threat to every business. Attributes like trust in an organization make employers and employees share information freely.

Accountability as an ethical value enables employers and employees to be accountable for their actions. Responsible workers in a business setup lead to decreased losses through theft, resulting in increased profits. Accountability makes individuals carry out tasks in an efficient manner. An organization that promotes accountability creates an environment of openness and confidence among workers, thus fostering their commitment. Workers who are accountable for their actions tend to communicate openly with colleagues. Clear communication boosts greater engagement and satisfaction among workers and, hence, low laying off of workers. Accountability should be applied in educational and business institutions to achieve the set targets.

Values in an organization form the bedrock for what a business considers helpful. They are the things that individuals believe will work best for them (Svara et al., 2021). Values guide workers in their working environment, making them work towards a common goal. They are feelings and ideas seen in people’s behaviors regarding conduct and what is expected of them—upholding values in the organization results in success for employees who aim to attain what is required of them. Organizations that promote values in management recruit employees according to the organization’s values, which, in turn, promotes the retention of its workers. A business organization that adheres to good values shows its uniqueness from competitors and other business organizations (Freeman et al., 2020). The latter forms a unique competitive advantage for an organization against its rivals and strong grounds to influence its employees attachment and involvement with the organizations affairs.

Conclusion

In conclusion, organizations of the 21st century should formulate ethical values that align with the organization’s purpose, mission, and values and aim towards upholding them. The business should make the working environment for its employees safe by respecting their views, beliefs, and culture (Trevino et al., 2021). Employers should create a competitive workplace by giving incentives to their hardworking employees in order to motivate them. Rewarding employees leads to increased productivity, positively impacting the company in achieving set goals. Today’s organizations should find ways of dealing with criminals in the workplace ethically rather than taking them to court. For an organization to attain its set objectives, it should encourage a productive culture of team spirit to achieve common goals effectively. Individuals aspiring to establish their organizations should base them on ethical grounds to ease workability. Innovative, ethical policies and decisions promote quality ethical values in an organization.

References

Freeman, R. E., Parmar, B. L., & Martin, K. (2020). BUSINESS AND ETHICS. In The Power of And (pp. 129-140). Columbia University Press.

Malik, R. S. (2018). Educational challenges in 21st century and sustainable development. Journal of Sustainable Development Education and Research, 2(1), 9-20. Web.

Svara, J. H. (2021). The ethics primer for public administrators in government and nonprofit organizations. Jones & Bartlett Publishers.

Trevino, L. K., & Nelson, K. A. (2021). Managing business ethics: Straight talk about how to do it right. John Wiley & Sons.

Vallaster, C., Kraus, S., Lindahl, J. M. M., & Nielsen, A. (2019). Ethics and entrepreneurship: A bibliometric study and literature review. Journal of Business Research, 99, 226-237. Web.