What does it mean for an organization to act ethically? How can one evaluate whether this is the case?

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Business

Mareli Buck

19 February, 10:19

What does it mean for an organization to act ethically? How can one evaluate whether this is the case?

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Oliver Moran · Answer 1

Organizational ethics can be defined as a branch of ethics regarding the morally correct conduct that a company must implement to regulate its actions in the internal and external environment.

The set of ethical values determined in an organization is extremely relevant for a positive organizational culture, where there is mutual respect among employees and a favorable organizational climate that provides motivation and the development of the skills of each member.

In order to be implemented effectively, it must be shared as an essential conduct principle for the behavior of individuals, corresponding to all hierarchical levels.

There are several benefits added to a company that adopts ethical principles as the basis for the development of its business. Some of them are:

Improved company reputation. Brand strengthening. Positive results. Higher productivity. Improved communication. Creates value for stakeholders. Improvement in organizational processes.