Implementation of New Policies and Practices at Acme
Name
Instructor
Course
Date
Background
S
Importance of Ethical Decision Making
Sustains Trust
Demonstrates respect and responsibility
Promotes employees’ adherence to rules and regulations
Enhances competitive advantage
Ethical Approaches
Rules Approach
Virtues-Based Approach
Morality is absolute and based on one’s conformity to rules
The morality of an action is based on its consequences
Utilitarian Approach
The morality of an action is based on the level of happiness it produces
Ethical Lens Guiding the New Policies and Practices
The new policies are aligned with deontology, utilitarian, and virtue ethics
The policies focus on conformity to rules
Deontology ethics
The policies will have a positive impact on the organization
Utilitarian ethics
The policies support stakeholders’ interests
Virtue ethics
Need for New Policies and Guidelines
Lack of a Reporting Mechanism
The lack of a mechanism to monitor, report, investigate, and manage ethical violations encourage organizational members to violate ethics
Lack of Ethical Policies
The company lacks specific guidelines on gift-giving
Unethical Culture
Acme’s organizational culture that prioritizes financial performance over ethics.
Components of the New Policies and Guidelines
Responsibility
Reporting Unethical Conduct
Integrity and Professional Behavior
Accountability
Responsibility
Reporting
Confidentiality
Integrity
Integrity and Professional Behavior
Integrity
Integrity and professional behavior are associated with the demonstration of moral and ethical principles and values
Employees are expected to uphold:
Responsibility
Responsibility
Responsibility entails making organizational members responsible for their actions and performing one’s duty in conformity with the organization’s laws and regulations.
Organizational members should demonstrate responsibility by:
Accountability
Confidentiality
Accountability involves upholding commitments to the organization, customers, and other relevant stakeholders
Organizational members should demonstrate accountability by:
Reporting Unethical Conduct
Reporting
Employees should report unethical conduct to the Ethics committee, whose responsibility is to maintain ethics at the organization. Unethical conduct is anything that violates the company’s policies on integrity and professional behavior, respect, and accountability.
1. Submitting an anonymous report
2. Signing a written report
3. Requesting a private meeting with the ethics committee
How to Report Unethical Conduct
Justification of the Choices made for the New Policies and Practices
Organizational Change needed to Reinforce New Policy Implementation
Make changes to corporate culture
Facilitate employee training
01
02
03
Implement monitoring measures to check for compliance
References
Amran, N. A. (2020). Whistleblowing: A Mechanism for Better Governance. In Ethics, Governance and Risk Management in Organizations (pp. 67-76). Springer, Singapore.
Dekker, S. (2018). Just culture: restoring trust and accountability in your organization. Crc Press.
Ferrell, O. C., & Fraedrich, J. (2021). Business ethics: Ethical decision making and cases. Cengage learning.
Heinzelmann, N. (2018). Deontology defended. Synthese, 195(12), 5197-5216.
Huberts, L. W. (2018). Integrity: What it is and why it is Important. Public Integrity, 20(sup1), S18-S32.
McGrath, S. K., & Whitty, S. J. (2018). Accountability and responsibility defined. International Journal of Managing Projects in Business.
Merkle, A. C., Hair Jr, J. F., Ferrell, O. C., Ferrell, L. K., & Wood, B. G. (2020). An examination of pro-stakeholder unethical behavior in the sales ethics subculture. Journal of Marketing Theory and Practice, 28(4), 418-435.
Moon, M., Macauley, R. C., Geis, G. M., Laventhal, N. T., Opel, D. J., Sexson, W. R., ... & Committee on Bioethics. (2019). Institutional ethics committees. Pediatrics, 143(5).
Setiawan, R., Cavaliere, L. P. L., Mohideen, M. A., Jalil, N. A., Koti, K., Haleem, A., & Christabel, G. (2020). Business Ethics Code of Ethics and Business Conduct (Doctoral dissertation, Petra Christian University).
Smart, J. J. C. (2020). Utilitarianism and its applications. In New Directions in Ethics (pp. 24-41). Routledge.
Van Zyl, L. (2018). Virtue ethics: A contemporary introduction. Routledge.