These steps in chapter eight would help Chantel to develop objectives and processes need for a strong codes of conduct and compliance programs. These objectives and processes could be used to determine a mission statement that outlines butterfly industries values and culture, which will be reflected within the codes of values. These objectives and processes would give Chantel a clear outline of ethics benefits or a method of adjustment to the codes of conducts if the benefits do not react desirable levels of conduct. The same methodology could be used to develop a compliance programs with chapter eight’s steps and benefits of a compliance programs. That gives a clear compliance functions and benefits, which allows Chantel to set a clear guideline
Our company Code of Conduct describes a high level of commitment to patients, communities, suppliers, volunteers, and shareholders, all based on values such as fairness, quality, respect and overall the improvement of human life (Code of Conduct, 2015). One of the reasons I enjoy my job is the close similarities between what HCA values and what I value in my personal life.
A philosophy of an organization helps differentiate themselves from their competitors and set a foundation for future success. It also helps shape an organization by presenting the goals they want to accomplish with specific activities. To improve this, many organizations understand the important of sharing values and goals and realize employee recognition. This helps staff from moving forward toward success of the organizations. Chapter 4 introduces “Codes of Ethics in Health Services.” Code of ethics is a guideline for healthcare professionals to accomplish and serve as a member of a society. Similar to other professions, managers have their own code of ethics in maintaining their duties and responsibilities. They also use the codes for ethical decision-making in dealing with ethical issues. Chapter 5 deals with “Organizational Responses to Ethical Issues.” It provides assistance for managers and organizations in their decision making. It is manager’s duty to figure out the problem and resolve it (Darr, 2011,
We as business owners, management and or in a role of authority must set, address and comply with a solid foundation of ethics. “A code of conduct is the single most important element of your ethics and compliance program. It sets the tone and direction for the entire function. Often, the code is a standalone document, ideally only a few pages in length. It introduces the concept of ethics and compliance and provides an overview of what you mean when you talk about ethical business conduct.”
The role of ethics and social responsibility aids organizations in developing a strong strategic plan, while addressing the needs of stakeholders. Ethics and social responsibility require social awareness to address the needs of the environment and to increase the knowledge of employees, which will lead to a corporation focused on supplying the customer with what is needed, managers equipped with solid decision-making abilities, and employees who believe that he or she are an asset to the business. It is the executive manager’s responsibility to establish a clear vision for the corporation and place a specific focus on understanding stakeholder’s needs. In an effort to support
At Company X, it is our upmost desire to comply with rules and laws pertaining to our business, and to hold our values at a spectacular level. Our company values include responsibility, equality, honesty, confidentiality, respect, and integrity. These values are the building block of our company, and should be followed by all employees, management, and any persons associated with our business. By adhering to the code of conduct, our work environment will be comfortable and reliable, and will help avoid unethical behavior.
An initial new hire and employee ethics training has to be develop and administered. Also on-going ethics refresher training for use throughout the employees career with Company Q will need to be incorporated in the program. Systems will be developed and put in place to monitor, audit, and report ethics violations. A time-line to re-evaluate these programs and their effectiveness towards meeting the companies social responsibility goals will be established. Based on the evaluation a revision or revamp of the program if necessary will be initiated. The ethics program needs to be reviewed and understood by all employees and expectation for compliance very clear. This can be accomplish by tying compliance in some form to employees and leadership individual performance goals. Shareholders all the way down to entry-level employees will benefit from the ethics program which will also put the company on track to being more socially responsible. Once a code of ethics is in place and training has been given, then Company Q can begin developing trust within the company and employees as well as the community. Continued education and training will enable the company to become more socially responsible.
(2001). Codes of ethics as signals for ethical behavior Retrieved from http://eds.b.ebscohost.com.ezp.waldenulibrary.org/eds/ Gorbman, M. G., (2007). An analysis of codes of ethics of nonprofit, tax-exempt membership associations: Does principal constituency make a difference? Vol. 9 Issue 3, p245-263.
We, the employees of Company X, at all levels, recognize and accept a personal obligation to our organization and profession, its stakeholders, and the communities we serve. We hereby commit ourselves to the highest ethical and professional conduct and agree to follow all codes of ethics and conduct as well as all local, state and federal ordinances and laws. The purpose of this document is to establish a basic code of ethics that apply to all Company X employees at all levels including any temporary, seasonal, or contract employees.
The Cheesecake Factory has an vested code of ethical conduct that is an important cause in maintaining a proper balance in the human form of ethics and the link to the business success for The Cheesecake Factory. Corporate managers need to be thoughtful about their actions, how they address others and how they make essential choices
Establishes a Code of Conduct to be followed by each Covered Person. Establishes an administrative framework for conducting an effective and diligent compliance effort. Creates effective communication channels to deliver Sound’s commitment to ethical business practices and to receive feedback regarding adherence to these practices. Outlines a commitment to effective education and training of Covered Persons regarding compliance requirements and the manner in which their job activities should be conducted so that they comply with applicable federal and state law.
I have selected the code of ethical conduct from one of America’s top restaurants and that is the Cheesecake Factory and I’m the lucky CEO of the company. Key areas of the Cheesecake Factory code of conduct that are of significant importance to the business are… General standards of conduct, Conflict of interest, Protection of the Company. These conducts I feel are most important and here’s why. General standards of conduct is very important it’s like the foundation of the code of conduct. It helps The Cheesecake Factory to encourage all employees to have a relationship of trust with the company; No matter what level the employee is on with the company.
As one knows, when you get sick you go to the doctors. Once you go to the doctors and let them know what is going on they prescribe you medicine and just like that we take it. Because the doctor is a doctor one doesn’t question the prescription making him/her ethical. The doctor is ethical because of his degrees and knowledge which makes him credible. Because the doctor is credible it gives him/her more room for freedom of speech to start suggesting other causes as opposed to your parent telling you what it could be.
The mission statement of Mylan claims: “We are committed to setting new standards in healthcare. Working together around the world to provide 7 billion people access to high quality medicine, we innovate to satisfy unmet needs; make reliability and service excellence a habit; do what’s right, not what’s easy; and impact the future through passionate global leadership.” Mylan’s code of conducts is based upon innovation, integrity, reliability, service and teamwork; they are always looking for the next new possibility and want to help people enjoy a higher quality of life. Their ethical standards are set high and aim to keep their products pure by ensuring safe and clean environments. Mylan feels that there is no situation that they can’t
The next pillar of Caterpillars Code of Conduct is Excellence. The excellence credo is further highlighted in the 2005 Code of Conduct as “The Power of Quality” (Caterpillar, 2005 p. 11). Caterpillar is trying to impart to the stakeholders and their employees that they strive for excellence in everything they do. Caterpillar has built a line of products and has a long standing tradition of high quality products that are in demand around the world. To build the quality they do, they instill the concept of excellence in their employees, suppliers and dealers.
Codes of conduct are policies including rules such as maintaining honesty, attitude, and respect (Traveler, 2009) for co-workers, the organization and customers. Only by separation of personal ethical choices in the work place, will an organization succeed and flourish. It is never appropriate for any employee, management or otherwise, to conduct business for personal gain. The people who become harmed lose trust, confidence, and the expectation of themselves and of the people who chose to put their personal ethical choice before the needs of the customer and business.