Ethics Outline

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Chapter 9 : Managing and controlling ethics programs Chapter Outline Using a business ethics program as a part of strategic planning and management activities is critical to any firm * To be successful, must put controls and systems in place to make sure they are being used effectively * Such as input, output and process controls

* Input – providing necessary tools and resources to the company * Also good employees and effective training and systems * Process
* Manager commitment, effective ethics systems for evaluation of how they are being proceeded with * Output
* Comparing standards with actual behavior
* Most popular method of evaluating is an ethics audit

An Ethics Audit
* A systematic evaluation of an organization’s ethics program and/or performance * Provide an opportunity to measure conformity with the businesses’ desired standards * The concept emerged from the movement of reporting a company’s broader social responsibility * Social Auditing – process of assessing and reporting a business’s performance in fulfilling * Economic, legal, ethical, and philanthropic social responsibilities * An ethics audit may be conducted as a component of a social auditing * Auditing is a tool that companies can use to measure and identify their ethical commitments and demonstrate how they’re continuing to better themselves in compliance with standards

The Auditing process can
* Highlight trends
* Improve Organizational learning
* Facilitate communication and working relationships
* One of the biggest benefits of these audits for businesses is improved relationships with stakeholders * Not always completely beneficial, they do provide some hurdles and assessments that lead to challenges * Although a proper ethics system should be unique to each business, there is a framework and regulations that should be a...
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