Build organisational culture build on ethics and organisational

Build organisational culture build on ethics and organisational procedures. INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Agenda • The concept of ethics • Corporate governance • The role of a code of conduct in a business environment. • Perspectives of ethical decision making • Making decisions based on a corporate code of ethics • Managing ethics in the organisation • Case studies INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

The Concept of Ethics • How should we live? • Shall we aim at happiness or at knowledge, or the creation of beautiful objects? • If we choose happiness, will it be our own or the happiness of all? • Is it right to be dishonest in a good cause? • Can we justify living in opulence while elsewhere in the world people are starving? • Is going to war justified in cases where it is likely that innocent people will be killed? • What are our environmental obligations, if any, to the generations of humans who will come after us and to the nonhuman animals with whom we share the planet? INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

The Concept of Ethics • Therefore, we can say that ethics concerns itself with what is morally good or bad and what is the right or wrong way o Ethics deal with the morality of persons as individuals and also that of groups of individuals. o Ethics assess not only what people are seen to be doing, but also examines what they think is right, fitting and just. o People are often judged by what they do or are seen to be doing, but their actions do not necessarily reflect their thoughts or feelings, or what they are often saying. INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Corporate Governance • The set of processes, customers, policies and laws affecting the way an organisation is directed, administrated or controlled. INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

The role of a code of conduct in a business environment “A Code of Conduct (or a Code of Ethics, Credo, Value Statement etc) is a document or agreement that stipulates morally acceptable behaviour within an organisation. It defines the moral standards or guidelines that need to be respected by all members of an organisation in their dealings with internal and external stakeholders. ” (Business Ethics in Africa – Deon Rossouw) Or serves as a central guide to support day-to-day decision making at work. clarifies the cornerstones of an organisation- its mission, values and principles-helping managers, employees and stakeholders understand how these cornerstones translate into everyday decisions, behaviours and actions INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

The role of a code of conduct in a business environment Benefits: Contributes to building the organization’s reputation It creates customer and stakeholder loyalty. Provides security and predictability for employees INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Making Decisions based on the code of conduct What solutions are available for consideration? Yes Is it Legal? No STOP INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Making Decisions based on the code of conduct Yes Do they meet with organisational ethical standards/Code of conduct? No STOP INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Perspectives of ethical decision making Individual perspective Organisational perspective Association perspective Social perspective INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Managing ethics in the organisation • Managers should display behaviour of decision making aligned with the organisation’s code of conduct • The code of conduct should be visible and communicated to all levels of the organisations • Implement Training INVUYA INSTITUTE OF LEARNING (PTY) LTD ©

Case Study A You get a call from a recruitment company requesting a reference for a person who is your acquaintance. This person was introduced to you a week ago by a mutual friend. You cannot claim to know her so well. What do you tell the caller INVUYA INSTITUTE OF LEARNING (PTY) LTD ©