Code of conduct in business
- Ethical implications
- Code of conduct in business
As ECG becomes more successful with new implementation of the code of conduct, the business has been running more smoothly by having all employees engaged in training sessions concerning the ethical standards within the organization at ECG. Businesses tend to have a great success, but there are always some type of ethical standards that are violated by employees when they figure no one knows or even looking. ECG has had many violations of the code of conduct by some employees through recent times.
As an example, a fellow employee used data from a previous time that is not sufficient and it also violated the ethical standards at ECG. One of the most difficult situations that a business may face especially at ECG is enouncing an employee who may have violated the ethical standards in the organization. Not only does this impacts the organization as a whole but it also sets a major impact on the individual themselves who violated the code of conduct. This also can show that the organization ethical standards within the code of conduct are not strict enough in which employees will definitely abide by the rules. Many employees violate the code because they want to gain more propositions within the organization i.e. profits, leadership positions, and so forth. ?Violations of such codes indicate that an employee's behavior is not consistent with what the company's expectations are, and can result in consequences? (Sheahan, 2012).
Recently, at ECG there has been two new situations that have arose by various individuals which the situations could have potentially represent ethical implications in the organization. The Ethics Review Committee has assembled a meeting to discuss these two situations that has been reported. These situations are; ?a senior executive at ECG and her spouse have a previously undisclosed financial interest in Government Allies? and the other is an ?employee maintains occasional contact the former co-workers and recently contacted the executives, securing additional information about the bid process and promoting the firm's capabilities? (CTU, 2012).
[...] These situations are; senior executive at ECG and her spouse have a previously undisclosed financial interest in Government Allies? and the other is an ?employee maintains occasional contact the former co-workers and recently contacted the executives, securing additional information about the bid process and promoting the firm's capabilities? (CTU, 2012). Now the committee has concerns whether these situations could be violations of ECG code of conduct and ethical standards. They will be address and further action will be sought among the individuals who might have violated ethical standards. The first situation involving the senior executive and their spouse receiving undisclosed financial interest from government allies is considered to be a violation of ethical standards at ECG. [...]
[...] Either way what they were doing was wrong not only in the organization but as a person. Even though the executive member is a part of ECG business and helping efforts to move forward, they should not have had their spouse involved in the first place. Having the spouse involved is considered to be a third party act and can be categorized under the disclosure requirements at ECG. Having undisclosed financial interest with government allies in combination with nobody else knowing until now is an ethical standard that is violated because it deals with self-dealing. [...]