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DESCRIPTION
Business ethics—or corporate ethics—refer to the business philosophies that define and govern the principle objectives of an organization. Derived from the individuals, organizational vision, norms, or relevant laws, professional ethics examine the moral beliefs, values, and actions of the individuals as well as the entire organization. These practices guide a business.
Laws, systems, policies, and regulations help direct business behavior towards positive orientations, whereas ethics set the course of behavior that lie beyond constitutional boundaries. The history of developing ethics dates back to the emergence of large corporations that were sensitive to communities. Business ethics signify the norms of the society—which govern individuals' conduct through a sense of what's right and what's wrong—ingrained by parents, community, tradition, and laws. To weed out corruption and malpractices, organizations need to create a corporate culture that values ethical behavior.
This framework provides a detailed account of the 4 pillars of an Ethical Culture:
1. Values
2. Thoughts
3. Incentives
4. Norms
The presentation then deliberates on the 3 key areas that organizations should focus on to create an ethical environment:
1. Hiring
2. Evaluation
3. Compensation
The slide deck also includes some slide templates for you to use in your own business presentations.
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Source: Best Practices in Corporate Culture, Business Ethics PowerPoint Slides: Ethical Organization: Ethical Culture PowerPoint (PPT) Presentation, LearnPPT Consulting
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OVERVIEW
ABOUT THE AUTHOR
We are a team of management consultants trained by top tier global consulting firms (including McKinsey, BCG, Deloitte, EY, Capgemini) with a collective experience of several decades. We specialize in business frameworks based on real-life consulting engagements.
We have served 100s of clients that range from Fortune 500 companies to tech startups to $1B+ private companies.
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