Ethical Culture and Leadership: A Business Presentation

This assignment is a presentation created for a Vice President to educate leaders within an organization on the importance of maintaining an ethical culture. The presentation covers the meaning of an ethical culture, its role in global business ethics, and the rationale for its maintenance. It also discusses methods to motivate ethical business practices and recommends tactical approaches for different areas within the organization. The presentation, which includes 12-14 slides with speaker notes and APA-formatted references, aims to persuade leaders to take initiative in fostering an ethical environment. The presentation emphasizes on key aspects like ethical behavior, normative ethics, and ethics in various departments such as honesty, respect, and integrity. It also covers the importance of managers in maintaining ethics and the methods that can be used to involve ethics in business like making business transformation, increasing employee incentives, and making cross-cultural differences in the company. The assignment includes recommendations such as setting clear expectations, modeling desired behaviors, and providing correct feedback to maintain ethical standpoints for the company.

Busines
s Ethics

Business Ethics:
– Business has become one of the most vital factors that is mostly highlighted in
the corporate business sectors (Barry, 2016).
– There are certain factors that are involved in the management of the
organization which helps in the maintenance of the employees of the company.
– It helps in the improvement of the organization(Werhane, 2019).
– Business ethics needs to be highlighted so that the ideas of the employees of
the company can be identified.
– The aspects of the company may be highly involved in developing the
understanding the functional ability of the company.

Meaning and understanding of the Ethical
Principles in Business:
– Ethics is highly related to the involvement of the improvement and the development of
the employees of the company as well.
– The understanding of the ethical principles is a very important factor for the company
(Davies, 2016).
– The company needs to follow the business ethics so that the employees are able to
perform in an organized manner.
– By enhancing the business ethics in a company there are a lot disciplinary
measurements can be taken in the company.
– The business ethics have developed in to deliver an absolute development in the
corporate sectors, devoid of any unfair activity or partiality.

Important factors of Business
Ethics:
– Ethics have broadly revolutionized the work mode of the corporate sectors.
– It has influenced a lot of people to get involved in the private and corporate sectors.
– It covers all the aspects of the human behavior.
– Theoretical or the normative ethics aims are taken, specially to identify and
distinguish the right from the wrong.
– Business ethics helps in the establishment of decision making of the and helps to
differentiate between its bad and good aspects (Kish-Gephart, et al., 2019).
– Business ethics reflects on mainly, three aspects of the business- personal,
professional and corporate aspects.

Key terms related to Business
Ethics:
– There are certain factors that enhances the understanding of the business
ideas and helps in the acceptance of the business problems with the ethical
management, like-
– Ethical Behavior,
– Normative Ethics,
– Ethics (Kaptein, 2017).

Ethics in Various
Departments:
– Ethics provide as a very important factor that is applied in various departments
like-
– Honesty,
– Respect and Concern,
– Integrity.,
– Loyalty, (Holden, 2017)
– Leadership and
– Fairness.

Importance of Managers to
maintain Ethics:
– The mangers will be able to communicate and establish good bonds with the
employees,
– The management of the employees will be easier,
– The managers will be able to fairly handle the operations of the company,
– Will be able to develop enlightened self interest,
– Increase in Responsibility towards the company (Treviño, 2018).
– Bring moral business ethics in the management of the company,
– Increase in the e=establishment of the moral philosophy interest that tends towards
altruism.

Importance to maintain an ethical
culture within the organization:
– There are various standards of ethical conduct, which has a various core
principles to aspire for in the industry.
– Maintenance of the ethical culture in the organization is important as it helps
to-
– Establish a type of ethical culture by one’s mode of work, (Goodpaster, 2017)
– Taking responsibility of one’s mode of conduct.

Rationale for maintaining an ethical
culture within the entire organization
– The incorporation of the various moral standards is evident to be present in the
organization.
– The motivational factors also needs to be maintained for the involvement of
the ethical culture in the work place.
– Focus needs to be maintained and established by incorporating it with the
ethical management of the organization (Hisrich & Ramadani, 2017).
– Best practices of business and code of ethics needs to be maintained and
involved in the ethical culture of the organization.

Reasons for the involvement of the
Ethical Standards in Business:
– By maintaining of the ethical grounds and standards in the business
organization:
– Development of better decision making for the managers of the company,
– Helps in increasing in the effectiveness of the operations of the company, (Swanson &
Frederick, 2016).
– Helps in the development of the employee loyalty and morale in the company,
– Helps in the increasing the profitability of the company.

Methods that can be used to
involve ethics in business
– Various methods can be applied and incorporated to help establish ethics in the
company, like:
– Making business transformation in the company,
– Increasing the incentives of the employees,
– Inflating the achievement of the targets,
– Making cross-cultural differences in the company, (Ballantine, Guo,& Larres, 2018).
– Developing ideas to identify the actual key factors that will help establish the
company,
– Identifying the actual needs of the company.

Recommendations:
Certain aspects and ideas needs to be developed for increasing of the ethical stand
points for the company-
– Having clear expectations regarding the knowledge of what is good and bad for
the company.
– Maintaining and modelling of desired behavior,
– Reinforcement of the behaviors,
– Focusing to build skills and ability to dissolve problems,
– Maintenance regarding the providing of the Correct feedback.