What Do You Think Would Be More Effective for Shaping...

Ethical concerns are an essential area in business practices, which is applied within organizations to examine ethical principles and ethical dilemmas arisen. In order to form long-term ethical conduct within an organization, usually, a company would organize for ethical business policies, for example, establishing codes of ethics combined with training programs, or/and execute these ethical policies which means â€Å"leadership in delegation, communication and motivation of the company’s ethical position to employees† (Murphy 1988, p.907). The comparison of the effects of these two approaches bring the question of which is more effective for shaping long-term ethical behaviors in an organization. Although codes of ethics are recognized as†¦show more content†¦According to Hegarty and Sims’ 1978 and 1979 studies, it also found that unethical behaviors increased with level of competitiveness and with rewards for such behaviors. For instance, Sanlu, a Chinese dairy corporation, has had a formal, written code of conduct which was implemented to encourage employees and leaders to engage in ethical business practices. Yet, in 2008, it was accused of producing melamine contaminated milk which resulted in more than 12890 infants and children being hospitalized for treatment. Obviously, some firms only take the ethics codes as â€Å"window dressing†, which in pursuit of economic interests and neglect social responsibilities. Hence, it is insufficient for the mere existence of ethics codes to fulfill the c odes’ visions in the long term. In order to uplift the moral climate of the organizations, a formal organization’s code of ethics should be formulated to govern individuals’ behaviors. Hence, according to the drawbacks of ethics codes mentioned above, in this part, four suggestions will be given. In the first place, the simple pronouncement in an ethical code, such as â€Å"bribery is unacceptable†, is ineffectual unless accompanied by guidelines (Brooks and Dunn, 2009). To take Motorola’s code of conduct as an example, it unambiguously and distinctly defines the bribery as the â€Å"funds and assets of Motorola shall not be used, directly orShow MoreRelatedNature of Strategic Management13243 Words   |  53 PagesProfessional Publishing CHAPTER OUTLINE What Is Strategic Management? Key Terms in Strategic Management The Strategic-Management Model Benefits of Strategic Management Why Some Firms Do No Strategic Planning Pitfalls in Strategic Planning Guidelines for Effective Strategic Management Business Ethics and Strategic Management Comparing Business and Military Strategy The Nature of Global Competition CHAPTER OBJECTIVES After studying this chapter, you should be able to do the following: 1. 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