Importance of Ethics in Workplace

Running head: IMPORTANCE OF ETHICS IN WORKPLACE
Importance of Ethics in Workplace
Name of the Student
Name of the University
Author note

1IMPORTANCE OF ETHICS IN WORKPLACE
Organisational ethics is of superior importance in a work environment. A business is
able to achieve high integrity only with adequate support and contribution from its
stakeholders like customers, suppliers and investors. In absence of training, the trust does not
get established between the employees and the important stakeholders of the organisation. In
this report I attempt to discuss regarding certain unethical practices such as bribery that
becomes prevalent within the organisation when the top authorities do not take the practice of
organisational ethics. The ethical theories are discussed as well in the report.
In XYZ Organisation Ltd., the suppliers often tend to gain advantage in business deals
by providing bribes to the top management circles. In this State, it is not considered to be a
criminal practice to engage in such activities. It is up to the top authorities like CEO to
ingrain a standardisation in the ethical policies which the employees must comply under
necessary circumstances therefore I bear the responsibility of bringing the change. Only
through reasonable strictness can the managers ensure that the organisation is secured from
fallacies, miscarriage of justice and disruption in productivity. Since, it can lead to heavy
corruption in the organisational framework because subordinates tend to follow their
supervisors in such activities and carry out their own duties in light of such corruptions. This
widespread potency towards achieving competitive advantage can be achieved through the
culture of trust established successfully by means of high integrity and avoiding unethical
practices such as ambiguous contracts, illegal ways of striking a deal by means of bribery.
It is to be noted that not all employees within the organisation take the practice of
ethics in the same way. However it is up to the top authorities like CEO to bring the change
and implement the principle of ethics which the employees must comply under necessary
circumstances.