(PDF) The Role of Corporate Culture in Business Ethics

Added on - 21 Feb 2021

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STRATEGIES OF IMPROVINGETHICAL CULTURE INAUSSIE HOME LOANS
TABLE OF CONTENT1.0 INTRODUCTION.....................................................................................................................21.1 Company background............................................................................................................22.0 learning organisation process....................................................................................................22.1 Structure roles related to organisation learning.....................................................................22.2 Application for relevant LO models......................................................................................33.0 Analysis of ethical issue............................................................................................................44.0 Repeated ethical scandles-.........................................................................................................45.0 Analysis of existing barriers to organisational learning at the Aussie home loans...................56.0 Recommendation to Aussie home to become an ethical learning organization (Ethicaltraining planning).............................................................................................................................66.1 Need analysis.........................................................................................................................66.2 Designing ethical training plan..............................................................................................66.3 Implementation......................................................................................................................76.4 Evaluation..............................................................................................................................77.0 Corporate social responsibility programmes.............................................................................78.0 Conclusion.............................................................................................................................7REFERENCES................................................................................................................................91
1.0 INTRODUCTIONEthical culture promotes ethical behaviour among the member of the enterprise. Hence,the entity with strong culture has values and standards that need to be clearly defined andunderstood by their maximum number of members. Ethical culture within the enterprise can beimproved with the help of effective strategies and code of conducts.The present report is based on the business activities of Aussie and it deals in Australianretail financial services group.Furthermore, Assignment will cover the strategies that aid to bring improvement inethical culture in Aussie home loans. Lastly, recommendation will be given on Aussie homeloans to become the ethical learning organisation.1.1 Company backgroundAussieis an Australian retail financial service group. Hence, its operation spanning allmainland capital cities and major regional centres throughout the Australia(Hiekkataipale andLämsä, 2019). It is private company and engaged in the services as home loans, Mortgagebroking, personal loans, credit cards and Insurance. Therefore, this firm is having the uniqueapproach to the home loans and allow them to offer loan upwards of 3% cheaper than itscompetitors. Hence, commonwealth bank has acquired 33% stake in Aussie.2.0 learning organisation processLearning is one of crucial phenomenon and it is important to business executive at theworldwide level. This is inclusive of CFOs, as they adapt to the disruptive change that issweeping through the corporate learning and development organisation. Hence, it is process thatdefined as creating, retaining and transferring knowledge within enterprise (Kangas and et.al.,2018). Therefore, the most common way to measure organisational learning is the learningcurve.2.1 Structure roles related to organisation learningOrganisation structure termed out as system that aids to explain hierarchy within anenterprise. Hence, structure is need to be developed in order to establish enterprise operatesworking. Thus, it’s defined in following manner as-2
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