(PDF) Organizational Ethics

Added on - 11 Jan 2021

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ETHICSORGANISATIONS
TABLE OF CONTENTSTable of Contents.............................................................................................................................2INTRODUCTION...........................................................................................................................1Responsible management and CSR........................................................................................1Values Underpinned by Ethics...............................................................................................2Exploring the issue.................................................................................................................5Advising Berkeley Group Holdings Plc.................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONA code of ethics within workplace is set of principles that is used to guide the client in theireffective decision making. An organisation forms in case an individual with varied interest andvarious backgrounds unite on the same platform. They work together towards predeterminedaims and objectives those are set by the company. One of the major housebuilding company“Berkeley Group Holdings Plc” is hireethical and CSR consultant of “Greenleaf” toassesscontemporary issues associated with responsible human resources. The project aimed atdetermination of benefits of CSR along with their downsides. Apart from this, essential ethicaltheories which provide shape to action and reliable decision making is also under this project(Beaumont and Cloke, 2012). On the basis of proper analysis, specific advice is being made tothe company in order to resolve issues in context to the ethical aspects are mentioned clearly inthis report.Responsible management and CSRIn most of the company, they believe that the business owners of tomorrow would upholdand endorse sustainable, responsible and ethical operational value. “Berkeley Group HoldingsPlc” is the British property developer that is situated in Cobham. There major aim is to makefocus on the executive housing on individual plots or small sites. There major emphasis is givenon the sustainable, responsible and ethical operational practices that attracts draws the attentionof various employees toward their own business. Management of responsibility withinorganisation is important aspect as this will help to attain the support of stakeholders whileperforming their functions in market (Parrott, 2014).Definition:CSR is an essential concept under which enterprises integrate with both environment andsocial concerns in their activities done with the benefits of stakeholders. Generally, it is a widerterm that consists of different factors such as corporate governance and human rights. It has beenfound that human resource is one of the primary department which is responsible for hiring,placing and orienting new employees. They do have various other responsible for organizingvarious functions ofBerkeley Group Holdings Plc.There are some companies those are usingCSR in order to attain all the necessary changes towards sustainability and Berkeley is one ofthem. Basically, CSR is a self-regulatory mechanism that is incorporated by business entity withtheir own business model. This is the most common term which indicate the activities executed1
by the company around the nation to provide maximum benefit to the society. CSR is heldresponsibility of corporation to contribute to a better society and cleaner environment. Socialresponsibility is analysing as effective part of business model, it can attract positive publicity thatcan assist and retain top most talent as well as improve relationships with the customers. Therebenefits can be more and longer that consist of client retention and financial success. Somereliable benefits of using CSR for “Berkeley Group Holdings Plc” is mentioned below:Benefits: There are various positive point of using CSR within an organisation. It willprovide more reliable benefits to society as well as the business at the same point of time. Someof them are discussed below:Responsible business reputation: It is essential for the “Berkeley Group Holdings Plc”to maintain effective goodwill. Corporate social investment can assist company to buildreputation as they are responsible for gaining competitive advantage in near future.Cost savings: The another advantage of using CSR is to reduce the use of resources,waste and emissions Berkeley can help environment and save specific amount of money.Finding and allocating skilled employees: Being a valuable, sustainable business canmake it more simple to recruit new employees or retain existing ones. They get motivatedin case company keep them for longer time, thus reducing costs on recruitment can keepbalance in the company (Swailes, 2013).Limitation:CSR activities are very expensive in nature, simultaneously it is difficult to calculatereturn on investment. In this regard, organisation must required to employ team of peopleto effective attain the plan of CSR, salaries of team members become the costly aspect.There are certain areas where people cannot get any sort of corporate social responsibilityfacilities such as in rural areas of the nation because of lack of awareness among thepeople.In case of managing corporate-divisional relationship negative issues can be arises whichwill affect the growth and performance of the company.Values Underpinned by EthicsResponsible management is all about making business decision according to the interestof shareholders and also takes into account all the outside parties stake. It is the duty ofsubordinate to perform organisational activities, functions that are assigned to them by the2
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