As it was in the past, to do business ethically today is very important to guarantee success. Do the right thing and not expose the company into bad situations or possible lawsuits where the reputation and corporate image can be affected.
Make a business with the only goal of bringing money and forgetting the importance of ethical principles has demonstrated that it only brings negative results.
Why is important to have an ethical decision making in our company? Because like every other business , we are exposed to multiple situations in different levels of the organization with multiples dilemmas that need a resolution where all interest are met and all the possible solutions have been analyzed. .
Ethics is not solely based on what our employees think or feel or in following the law. Different situations required the correct conflict resolution and sometimes the law cannot guarantee a win situation for everyone. Likewise, in a corporate environment with multiple employees, it is important to maintain one corporate culture that is explained and visible to all new and current employees at all times.
We need to create our ethical standards using ethical decision making to provide guidance and support to all our employees in all levels of our organization. With these standards, every employee can use better judgment in daily situations while applying our ethical decision making to do the right thing.
I am proposing two strategies that the company can use to ensure that the ethical decision process takes place an all levels of our organization:
Identifying Stakeholders: One of the strategies that the company can adopt is to ensure the ethical decision making is the identification of the stakeholder. Who are the Stakeholders? the stakeholder are the people that can be affected with decisions later taken. For this reason is very important to identify all the people who have an interest in