EST1 Task 2 Ethics

Topics: Ethics, Management, Business ethics Pages: 9 (1694 words) Published: December 30, 2014

I and two other individuals have agreed to start a business that will provide management consulting services to nonprofit organizations. Because of the increased scrutiny on actions of corporations and those who act on behalf of organizations, we have determined that it would be essential to have our ethics program developed before we start offering our services. A business as a moral agent must prove that it has an effective ethics program to protect employees, the corporation, and businesses that the company will serve. It is also important to have an ethics program to support the ethical values of our corporation and to make it clear to employees what is acceptable behavior, and to make clear what policies and standards are to be followed in our consulting company. It has been proven that businesses who take these steps to prevent misconduct by making the code of ethics clear for their company have had great success with no reputation damage for a period of at least five years for some (Ferrell, Fraedrich, & Ferrell, 2008). Code of Ethics:

A: Standards and Procedures:
Responsibility of employees to one another and including management and owners shall be as follows: All employees and personnel of MCS are required to observe the highest standards of personal, professional, and business conduct. Compliance with applicable laws and regulations is the minimum standard in fulfilling ethical duties and responsibilities. Management Consulting Services endeavors to practice honesty, fairness, and integrity in all our dealings with one another, the public, the business community, stockholders, clients, and suppliers alike. This requires that we all take responsibility in ethical decision-making and recognize that all actions must reflect the highest ethical practices. Failure to follow the practices and policies of this Management Consulting Services firm can result in discipline, up to and including termination. All personnel working for MCS will be required to read these Ethics Guidelines and a signature of acknowledgement and consent to work under these terms is required. Responsibility to our Clients. Management Consulting Services will serve our clients with integrity, competence, and without bias. MCS will keep confidential all client information and records of our clients engagements. MCS will use proprietary client information only with the client's permission. MCS will not allow misuse of confidential client information by our firm or its consultants. MCS will not allow conflicts of interest, which supply a competitive gain to a client through our use of confidential information or property from another client who is a direct competitor without that competitor's authorization. MCS does not recruit employees of a client or assist them in getting employment elsewhere except by express permission and prior consultation with the client (DiMatteo & DiMatteo, 2001). Responsibility of Management. MCS will not engage in any consulting assignment unless we have a consultant who is qualified to perform it based on their expertise and competency. MCS will assist our fellow consultants in developing their qualities; support them in practicing the Code of Ethics of this profession, and work together with our consultants in a constructive manner. Management Consulting Services will continue to keep our professionals educated by developing their knowledge, skills, and techniques through updated management consulting classes and seminars to remain experts in our professional consulting business. Prior to commencing the execution of any consulting obligation, MCS will ensure that the objectives, range of work, proposal , the professional fees and payment arrangements have all been agreed upon with the client in writing. MCS will immediately concede any influences on our objectivity to our clients and will offer to withdraw from a consulting engagement when a conflict of interest or integrity may be...

References: Consulting, F. P. (2006). Our Code of Conduct. .
DiMatteo, B. C., & DiMatteo, G. (2001, March 10). Code of Ethics. .
Ferrell, O., Fraedrich, J., & Ferrell, L. (2008). Developing an Effective Ethics Program/Implementing and Auditing Ethics Programs. In O. Ferrell, J. Fraedrich, & L. Ferrell, Business Ethics Ethical Decision Making and Cases (pp. 4-85). Boston: Houghton Mifflin Company.
Gordon, A. (2006, April 6). Ethics Training Programs For Employees.
McNamara, C. M. (1992). Complete Guide To Ethics Management. .
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