ETHICS Essay Example | Topics and Well Written Essays - 750 words - 1

ETHICS - Essay ExampleEthics or doing what is right is expressed in the confederacys corporate social responsibility and is the nerve centre value that drives and animates it. While ethics resides in the abstract of ideals of intending to do the right thing, corporate social responsibility on the other hand materializes this ideal through concrete acts in the various operations of the business. Ethics in a business context however is easier said than done and we need not to research far on how the lack of it can make a company wayward such as the examples of Enron, Worldcom and many others. This explain ethics needs to be integrated in the business organizations strategicalal plan. Putting in practice to produce the ideal style of an organization and its employees can be a challenge and this can be possible by integrating ethics right at the core of the strategic plan. Business, with its profit motive when left wing unchecked has the tendency to resort to unethical practice t o realize it profit motive and this can only be prevented by enunciating at the core of companys values and strategies that it will do business ethically. Finocchio, the former CEO and chairman of Informix Corp., expressed how ethics is can concretely integrate into the companys strategic plan and ultimately, in the business practices through its socially responsible acts. He prescribed that ethics should be part of the companys mission statement, long-term strategic plan, public pronouncements, and codes of conduct. This is the only way to make ethics a cornerstone of the organizational culture by integrating it in the core of the strategic plan right at the definition of the most basic question of the business such as what do we stand for? What is our purpose? What values do we have? (Schulman, 2012). The integration of ethics in the strategic plan would reinforce ideal behavior that the company intends to have and will enable the company to stomach a positive image through their socially responsible acts that inspires confidence among its various stakeholders that would enhance its bottom line as a business enterprise. II. rationalize ethical perspective has evolved throughout the program The changing business landscape and the demands of the business various stakeholders has changed the ethical perspective from a mere prerogative to a business imperative. This is express in companys Corporate Social Responsibility not an addition to a companys PR engage but a tangible business practice whereby a company does not only conforms with the minimum requirement of the regulatory agencies but also consciously exercise an ethical business practice. Corporate social responsibility has also an economic value. When CRM is integrated in a companys culture, it reinforces that desired behavior that support the objective of having a good brand that would enable the company project a positive image that could ultimately led to the publics confidence and therefore enhanc e the companys bottom line. In short, being ethical is more profitable for a business not to signify that the company is relieved not only from government prosecution and fines because it always does what is right but also as a competitive advantage because customers flat tend to patronize companies who are ethical. Gone are times when business has to be callous in