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Business Ethics Criteria a Decision-Making Essay

Pages:2 (469 words)

Sources:2

Subject:Mathematics

Topic:Flow Chart

Document Type:Essay

Document:#1515489




Engage options in open discussion and debate

Use debate to identify the two most viable options in the dilemma

Hold a secret ballot vote to determine which of the two options resonates with the decision-making team

Construct a timetable marking off expectations according to projected dates

Use these dates as a feedback loop for evaluating the decision as its implications unfold

Establish a second level in the feedback loop creating proper procedures and illuminating avenues to whistelblowing

Encourage personnel to serve as whitleblowers when they witness abuses of the ethical policy

Consult and renew the ethical code once a year to ensure that it still comports with the needs to address any ethical dilemmas which might arise in the foreseeable future

Conclusion:

With many of the corporate scandals of the early millennium implicating the highest offices of some leading firms, today's corporate atmosphere is informed by an emphasis on ethically determined leadership. This is an important aspect of improving the stewardship of businesses today struggling to find footing in a changing market. This will consequently promote a more ethical environment in the workplace. The code of ethics initially established, when exemplified by a core of effective leadership and carefully rendered decision-making, will translate into collective adoption. The ultimate resolution will, therefore, be an overarching ethical culture.


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