Mattel Code Of Conduct

Mattel - Code of Conduct: At Mattel, playing fair is one of our core values and the cornerstone of our ethical compliance program. We know that how we achieve success is just as important as the success itself, and this recognition underscores our commitment to conduct our business with the highest level of integrity. In business, we may not always be able to choose the challenges we face, the problems we must solve, the obstacles we must overcome and the opportunities we may embrace, but we do have a choice in how we make these decisions. Every Mattel employee is responsible for acting with integrity, treating others with dignity and respect, being honest and fair in all transactions, and consistently striving to do the right thing. …show more content…
Furthermore, corporations that manufacture products catering specifically to children, also have special obligations to consumers and society in general for ensuring that their products are acceptable to the moral, as well as ethical standards established by consumers and society. While corporations who place toys on the market have the right to outsource the responsibility for the manufacturing, they do not have the right to outsource the accountability. As such, they can face legal action or prosecution for any missteps, as well as experience societal pressures. Based on the case study, as well as additional research performed, my assessment of Mattel is that they have been an industry leader in toy manufacturing. Over the years, they have been committed to delivering products that would stand up to safety, health, environmental requirements, as well as consumer and societal expectations. Largely Mattel has been effective at encouraging ethical standards of the manufacturers to whom they outsource their work. The …show more content…
Mattel also effectively demonstrated that having a solid ethics program and culture is vital to the success and reputation of their organization. However, while Mattel believes in maintaining strong ethics, there are others in the industry who will at all means do whatever it takes to achieve their goals, even if it means acting unethically. Acting ethically requires leaders to base their decision-making on a set of established core values. The utilization and influence of value based ethics in their decision making process is crucial to the success of any type of organization, as failure to do so can lead to reputational, legal, as well as financial repercussions. Furthermore, it is important that an organization, such as Mattel, establishes core values, and base their decisions on what is morally right and fair for their consumers and employees. Success usually comes from consistently doing what is right and ethical and in adherence with the organizations corporate core values. Even though some companies who forgo a value and ethical based approach when making