February 4, 2013
Ethics Reflection Paper
Ethics is a very important code of conduct in one everyday life because it plays a vital role in business. When organizations begin the process of creating a strategic plan they often take into consideration the vital role that ethics plays. Social responsibility can be affected in planning because it ensures the needs of the stakeholders in a company are content.
In any organization ethic is a vital tool that is utilized to help employees within a organization understand how they should go about conducting themselves in a workplace environment. This should coincide with the values and standards that the organization they are employed with goes by. When strategic plans are created within a organization it should clearly state the expectations that the organization has set forth for employees so they will know how to conduct themselves. With the values set forth that each employee should make certain to make that ethics is a top priority (Pearce & Robinson, 2013). Within a organization values are typically stated in the mission and vision which will clearly explain the expectations and direction that the organization and its stakeholders wish to go in (Pearce & Robinson, 2013). In most organizations you can rely on the mission and/or vision statement to set standards on the principle from which organizations will develop a strategic plan and goals with ethics being the focal point of the decisions being made.
A strategic plan is a base line from which a company works from in order create ethical guidelines. All organizations should take into consideration that there is a chance that unethical behavior may occur within its employees, which may include executives and/or subordinates (Pearce & Robinson, 2013). In the past we have seen several unethical financial scandals unfold such as that of Enron were top executive within the organization were behaving unethically, which therefore
References: Pearce, J. A., & Robinson, R. B. (2013). Strategic management: Formulation, implementation, and control (12th ed.). New York: McGraw-Hill/Irwin. University of Phoenix (2013). Williams Institute: Ethical choices in the workplace. Retrieved February 4, 2013, from University of Phoenix