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.
The PPT also delves into the concept of Ethical Design, emphasizing the importance of embedding ethical principles in organizational strategies and initiatives. It highlights how leadership can foster an ethical culture by understanding the circumstances employees face, making ethics a core part of business processes, and inspiring ethical behavior through rewards and recognition. The presentation underscores the role of ethical hiring practices, performance evaluations, and compensation systems in nurturing an ethical organization.
The slide deck provides actionable insights and practical templates to help you implement these concepts in your organization. By focusing on ethical design, you can create a culture where ethical behavior is not just encouraged, but ingrained in the very fabric of your company. This comprehensive framework is an invaluable resource for leaders aiming to drive ethical business practices and establish a robust ethical culture.
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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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