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08. Business ethics social responsibility and environmental sustainability

 Businesses that practice social responsibility pledge to behave morally and make meaningful contributions to society in addition to pursuing their own financial goals. It entails taking into account how decisions made by the company will affect different stakeholders, such as the environment, communities, customers, and employees. Companies that uphold social responsibility frequently take part in initiatives that advance social welfare, such as contributing to community development, supporting charitable causes, and using fair labor practices. Making a profit while taking social and environmental concerns into account is the aim. Business ethics are essential for maintaining trust and credibility, guiding companies to operate with integrity, fairness, and transparency. Social responsibility benefits businesses by enhancing their reputation and brand image, attracting customers, retaining talented employees, and building stronger connections with communities. Environmental sustain...
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07. Ethics for a Modern Workforce - Situational and traditional ethics

The below video gives a basic idea of  Ethics for a Modern Workforce. Let's listen to the video and build a conversation on the FAQ's listed below in the comment  section. Question1: In the context of the modern-day workforce, what is situational ethics? The application of ethical principles that may change depending on the particular circumstances is known as situational ethics. This entails assessing moral choices in the context of the current job, taking into account cultural norms, personal values, and the particulars of the ethical conundrum.   Question 2: What differentiates situational ethics from traditional, rule-based ethics? Traditional, rule-based ethics adhere to set norms and values in all situations. On the other hand, situational ethics emphasize that the appropriate course of action may change depending on the particulars of the circumstance, allowing for flexibility.   ‌ Question 3: What makes situational ethics...

06. Aligning ethics and culture in an organization

  Aligning ethics and culture in an organization is a difficult task that requires careful handling and planning. One key issue is the diversity of values and priorities among employees, particularly in a diverse workforce. Individual values may differ from the ethical guidelines established by the organization. To address this, open communication is essential. It promotes understanding of different points of view, highlights common basic values, and fosters a sense of oneness. Another major concern is inconsistent leadership conduct. When executives talk about ethical ideals but act in a different way, there is a disconnect between what is said and what happens in the organization. To address this, organizations must prioritize leadership development. Leadership programs and leaders should emphasize the constant application of ethical standards. “Being a leader involves responsibility for others,” - Professor Nien-hê Hsieh A culture of responsibility is essential to the suc...

05. Importance of Diversity, Equity and Inclusion of an organization

  Diversity, Equity and Inclusion of an organization Diversity, equity, and inclusion (DEI) in an organization involve embracing differences, ensuring fairness, and promoting a sense of belonging. Diversity comprises a wide range of demographics and perspectives, equity emphasizes equal treatment and opportunities, and inclusion fosters a culture in which all persons feel appreciated and heard. Achieving DEI improves creativity, employee well-being, and organizational performance by building a workplace that values and exploits the skills of its varied people while aggressively destroying barriers to equal participation and progress. Characteristics of Diversity, Equity, and Inclusion Diversity -  The presence of different and multiple characteristics that make up individual and collective identities, including race, gender, age, religion, sexual orientation, ethnicity, national origin, socioeconomic status, language, and physical ability. Equity -   The process of...

04. The Role and Impact of Code of Conduct and Ethics Policies in Organizational Success

    A code of conduct is a collection of values, rules, and principles that employers expect their employees to adhere to. It is related to the company's mission and fundamental values, and it reflects the conduct and practices that are expected of day-to-day employees. A code of conduct is a statement from leadership that outlines their expectations and communicates the ethical concepts they believe are essential to success. A code of conduct can include both broad ideals and specific rules, guiding employees to act in accordance with the mission of the organization. It can also specify internal policies such as a dress code or a break policy. Also emphasize ethical attitudes and staff communication policies to avoid conflicts or harassment, as well as outline the consequences for code violations. Developing a Code of Conduct in an organization serves several important purposes, including promoting a positive and ethical workplace culture. The following are the primary reason...

03. The Impact of Ethical Leadership on Team Morale

  Ethical Leadership                                              https://www.youtube.com/watch?v=RQEIWXUDfhw What is ethical leadership? Ethical leadership is the ability to influence and guide others to make ethical decisions based on principles such as fairness, morals, trust, honesty, accountability, equality, and mutual respect. It allows leaders to instill a sense of right and wrong while also adding value to firms by inspiring people to align with organizational belief and values. Extensive studies and practical experience show that ethical leaders thrive at increasing employee happiness and maintain low turnovers rates.   The leader…… A leader is an individual who influences and guides others towards a common goal or vision. It is not tied to a specific title or position but a set of qualities and behaviors that inspire and motivate others to ach...

02. Cultivating Success: The Art and Science of Organizational Culture"

Introduction Organizational culture is an important element of a company's success, defining how individuals work and function within the organization. It encompasses the foundational values of an organization or a business, reflects an organization's expectations and philosophy, and the experiences of employees and leaders within it. Organizational culture governs various aspects of an organization, from decision-making to employee interaction. Understanding the culture of a company helps determine if the workplace holds the same values as one's own, and understanding one's core values in the context of the organization can help determine if the workplace will be a positive environment for oneself. Companies can express organizational culture in various ways, such as how an organization treats employees and customers, the amount of latitude employees are given to make decisions, how information is conveyed to employees and customers, and employee commitment towards p...