Leadership

Business Ethics: The Role Of Culture And Values For An Ethical Workplace

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Executive Summary

An ethical workplace is established through an organization's culture, values and leadership. To promote ethical behavior, human resource professionals, people managers and senior management need to be knowledgeable about business ethics - from leadership, codes of conduct and related legislation to compliance training, ethical decision-making, and cultural and generational differences around ethics. Transparency, fairness and communication are key for establishing and maintaining an ethical workplace. In the business world today, issues of trust, respect, fairness, equity and transparency are gaining more attention. Business ethics includes organizational values, guidelines and codes, legal compliance, risk management, and individual and group behavior within the workplace.

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