Ethics Reflection Paper
STR/581
September 30, 2012
Ethics Reflection Paper Social responsibility and ethics are essential elements in establishing a strategic plan while contemplating the needs of stakeholders. Social responsibility and ethics should be conceived as fundamental strategic concerns within organizations. Social responsibility and ethics have the potentiality to help an organization succeed or fall. The achievement of an organization’s strategic plan relies on it. This paper will examine roles of social responsibility and ethics in establishing a strategic plan while contemplating stakeholder needs. Last, this paper will expand on how my ethical viewpoints have emerged throughout the program.
Ethics in Organizations An organization needs to conform to ethic policies efficiently to accomplish its mission, vision, and objectives in a way in which delivers a solid foundation of management and their subordinates to effectively cultivate and implement its strategies. By doing so, the organization is basically subscribing to one common thread that oversees the activities of the employees of the organization. Additionally, it benefits in preventing such employees from deviating in regard to the contingent strategic guideline. Furthermore, ethics guarantees that a strategic plan is established in accordance to the interests of the appropriate stakeholders of the organization, both internal and external (Jin & Drozdenko, 2010). Moreover, corporate guidance that originates from differing regulatory parties makes it essential for organizations to preserve a high degree of ethical standards; this is accomplished by integrating ethics within the organization’s strategic plan so as to promote a confident corporate image for the stakeholders and public (Min-Dong Paul, 2009). When an organization places importance on its ethical practices, it inherently ensures
References: Jin, K., & Drozdenko, R. (2010). Relationships among Perceived Organizational Core Values, Corporate Social Responsibility, Ethics, and Organizational Performance Outcomes: An Empirical Study of Information Technology Professionals. Journal of Business Ethics, 92(3), 341-359. doi:10.1007/s10551-009-0158-1. Min-Dong Paul, L. (2009). Does Ownership Form Matter for Corporate Social Responsibility? A Longitudinal Comparison of Environmental Performance between Public, Private, and Joint-venture Firms. Business & Society Review (00453609), 114(4), 435-456. doi:10.1111/j.1467-8594.2009.00349.x.