Professional Documents
Culture Documents
TANDEM REPORT IN
SOCIAL AND PROFESSIONAL ISSUES (IT 302)
BSIT 3O
ASSIGNED TOPICS:
Ethical Behavior
Ethical behavior is the legal and moral code guiding employee behavior. Being a
professional requires more than wearing a nice suit. It requires ethical behavior that drives
interactions with other employees, customers and leadership. It also guides how someone performs
her job. Ethical behavior guides whether someone will perform minor infractions if she feels no
one is watching. Business leaders need to set clear guidelines for ethical behavior in the workplace
and to consistently train employees on working according to those expectations.
Many professionals won't remain in business if the public doesn't feel that the person or the
company operates ethically. Banks, financial representatives, lawyers all must follow high ethical
standards. Any company taking credit card information needs to maintain strict privacy and
information protection policies to get consumer confidence.
Ethics guidelines also set the tone for how companies deal with conflict. When customers complain
or if a co-worker accuses another of wrong-doing, an ethical company can go to its employee
handbook and follow established fair procedures to get a resolution.
Professionalism
- is defined as an individual's conduct at work. In spite of the word's root, this quality is not
restricted to what we describe as "the professions," which are typically careers that require a lot of
education and have high earnings associated with them. Professionalism leads to workplace
success, a strong professional reputation and a high level of work ethic and excellence.
Business Ethics
Business ethics is the study of appropriate business policies and practices regarding
potentially controversial subjects including corporate governance, insider trading, bribery,
discrimination, corporate social responsibility, and fiduciary responsibilities. The law often guides
business ethics, but at other times business ethics provide a basic guideline that businesses can
choose to follow to gain public approval.
1. Transparency
Transparency involves accurately representing facts, telling a truth in its entirety and
communicating clearly and openly about everything a company does and speak. It is the foundation
of a strong relationship with customers, which directly impacts the success and stability of a
company.
2. Integrity
Sticking with a decision, especially when pressured to do otherwise, shows honor and
courage. Companies that do what they believe is morally right based on equality and fairness can
demonstrate strength and commendable character.
3. Trustworthiness
Companies that keep promises and fulfill commitments to their employees, business
partners and customers display their commitment to business ethics. Trustworthiness is a
monumental component to success in business because people typically like to work with and buy
from those they believe are dependable and principled.
4. Loyalty
Loyalty encompasses all relationships a business has including those with staff, partners,
investors and consumers. Loyalty allows a business to make decisions benefiting these
relationships and overcome influences from outside conflicting interests. This shows the business
values the advancement of the company and employees over an owner's personal gain.
5. Fairness
Companies should strive to act fairly and commit to exercising their power justly. Leaders
should only use honorable methods to gain an advantage over the competition. Also, fairness
relates to equality, which means having an open mind and treating everyone fairly. Fairness and
equality can be involved in hiring practices, marketing initiatives, business partnerships and
competing within the market for new consumers or clients.
6. Compassion
Ethical companies demonstrate genuine kindness, understanding and care for the
livelihood of others. In business, this means accomplishing business goals to produce the best
while causing the least amount of damage. When a business decision needs to be made, careful
consideration of the options and how each one may affect a person or community helps reduce the
potential negative impacts, depending on the industry.
7. Respect
Having basic respect for the rights, privacy and dignity of people—including individuals
within and outside the company—is an important business ethical standard. Companies that treat
all humans with respect regardless of religion, sex, race, nationality or other signifier are often
reviewed positively in the public eye.
Respect also relates to client or customer privacy since companies are held to the ethical
standard of keeping information such as bank account details, health background or social security
numbers private. Maintaining this level of privacy shows respect and ensures the company
operates within a variety of industry-specific laws, such as the Health Insurance Portability and
Accountability Act (HIPAA).
8. Lawfulness
Business ethics also include abiding by legal regulations and obligations regarding their
business activities like taxes, worker safety and employment and labor laws. Companies that work
within the boundaries of the legal system are more credible and honorable, which can establish a
strong positive reputation as an employer that encourages high-quality candidates to apply for
roles.
9. Providing excellence
Ethical organizations strive to provide excellence by always working to deliver the greatest
quality of service or products to their clients and customers. They pursue creativity and innovation,
looking for the best ways to deliver their goods and seek to constantly improve their performance,
customer satisfaction and employee morale.
10. Responsibility
Companies with high ethical standards recognize their responsibilities to their employees
and customers and understand how the conduct of their leadership affects the business. Companies
have a responsibility to lead with the values and mission of the organization to make logical
decisions that benefit everyone. Company leaders should implement ethical standards and model
them to others by displaying the standards themselves.
12. Accountability
Ethical businesses accept responsibility for all decisions made as a company and admit
their mistakes to all of those who may be affected by a misstep including shareholders, employees
and the public. In addition to taking accountability, they also accept any consequences that result
and do so transparently.
Since that time period, the concept of business ethics has evolved. Business ethics goes
beyond just a moral code of right and wrong; it attempts to reconcile what companies must do
legally versus maintaining a competitive advantage over other businesses. Firms display business
ethics in several ways.
Special Considerations
When it comes to preventing unethical behavior and repairing its negative side effects,
companies often look to managers and employees to report any incidences they observe or
experience. However, barriers within the company culture itself (such as fear of retaliation for
reporting misconduct) can prevent this from happening.
Why are Business Ethics Important?
Business ethics are important because they have lasting implications on several levels.
With increased investor awareness on environmental, social, and governance issues, a company's
reputation is at stake. For instance, if a company partakes in unethical practices, such as poor
customer privacy procedures and protections, it could result in a data breach. This, in turn, may
lead to a significant loss of customers, erosion of trust, less competitive hires, and share price
declines.
Personal Ethics
Personal ethics refers to a person's beliefs about what's right and wrong and guides
individuals in the decisions they make both in and out of the workplace. Your unique ethics will
determine how you handle certain situations at work as well as how you grow and develop within
your career.
1. Create a code
Many professions require us to work to a consistent Code of Practice or Ethical Code and it is
common for organizations to identify a set of values to guide how employees work together and
engage with customers or society. Strong company values can be really inspiring. For example,
clothing company H&M believe in boosting ‘entrepreneurial spirit,’ while Ikea values
‘togetherness and enthusiasm.’ Instead of concentrating on what is prohibited, think about the kind
of behaviors you want to promote instead. But remember; one size doesn’t fit all and your code
needs to be unique to you.
Your punctuality at work speaks volumes about your professional ethics. Make sure you are on
time to work and all work-related appointments. Submit your work in time, foresee delays, and let
your employer know about your absences in advance.
• Be reliable
Make sure to fulfill all promises and honor your project deadlines; in case you anticipate a delay,
take your manager into confidence and set another realistic deadline. Being dependable is the
backbone of maintaining an ethical reputation, and induces a relationship of trust between the
employer and employees as well as between coworkers by showing that you prove what you
portray.
Finish your assigned tasks before the shift ends and strive to earn a better project next time. Be
competitive yet attentive to instructions and details. Don’t hesitate to get help, even when you are
leading. Set a standard of quality for you to achieve and take initiative to get projects started instead
of waiting to be asked. Your positivity, problem-solving skills, flexibility, communication skills,
and openness to feedback will always come in handy to earn you a good reputation at work.
• Be cooperative to your co-workers and respectful of your work resources
Respect your peers, be willing to help them and avoid getting interfering or too personal in your
interactions. Maintain healthy professional relationships with your coworkers to make
collaborations and teamwork go smoother. Be an important contributor to your team and help them
meet collective objectives.
To increase your professional ethics, it is absolutely vital that you remain respectful of your work
time and resources. Respect the company’s privacy and data protection policies; use office time to
work instead of personal engagements, save lunch breaks for personal chats with colleagues and
treat all equipment and supplies with care. Your appearance reflects your work ethics, so make
sure to dress professionally and maintain a moderate attitude.