Question:
Discuss about the Business Ethic and Sustainability for HRM Policies.
Each and every business organization emphasizing on ethical behavior has the potential of cutting down on any form of misbehavior in the organization. Several research activities also show that when businesses develop culture emphasizing on performing the right deeds regardless of such deeds being expensive, such organization’s leaders consider ethical consequences regarding their own actions. Organizational leaders that have a moral compass are always there to set the tone in relation to ethical dilemmas (Leonard 2017).
Basically, the desire to do business with, work for or invest in business organizations that perform good things in the society happens to be strongest with millennials (Blades 2017). Such individuals have gained counterintuitively, a reputation of being behavioral experts as well as social scientists studying trends and demographics. On the contrary, it is evident that the advent of platforms of social media gives consumers a voice they never had. Social media has also ensured that consumers’ voices are heard more often; particularly in instances where business organizations do the right thing. A study performed by Aflac International established that approximately 51% of millennials link corporate growth to the use of social media. It is also worth noting that social media’s impact constitutes access to information that is limitless. Social media ultimately enables consumers to get more informed. Such consumers are considered to be digitally engaged and have no issues with the provision of feedback to business organizations that they believe aren’t responsible in their operations. Such customers are also aware of differences between a community’s authentic concern and marketing ploy (Blades 2017).
As much as work flexibility and salary are major factors that determine where an individual will likely work, approximately 77% of Aflac’s respondents confirm that they would seek employment at business organizations that are ethically recognized. Companies, therefore, have a number of things to put right. Business organizations should start by adopting business causes that are vital for the communities they operate in as well as being relevant to their operations. The business activities shouldn’t just be good; the activities need to be the right things to be done. Taking the case study of an organization such as Aflac which has supported the fight against cancer through time, it is worth noting that the community in which the organization operates has benefited a lot. For almost 20 years since the inception of the same campaign, the organization has donated more than $100 million. This money has been used for treatment and research activities on Cancer at several centers of the organization. Doing so is one of the good causes this VoP exercise is advocating (Szolnai 2017). Good deeds are sustained and relevant for every business operation. Such is also the proper thing to do. It is important to note, as mentioned earlier, that consumers favor business organizations that are able to demonstrate their abilities to handle social responsibilities. Corporate social duties are needed by generations of today while the importance of the same is; as well, bound to grow. For those that do not consider incorporating ethics, financial crises have certainly raised alarm for the need of including ethics in major market decision making processes. Failing companies have also learnt; from their mistakes, the extent to which corporate reporting has failed to determine risks that are systemic. Shifting to a model for reporting that supports long?term investors’ information needs as well as reflects the nature of environmental connectedness, societal factors and governance would be an essential step in the construction of an economy that is sustainable (Szolnai 2017).
Worldwide, there are laws that cover anti-discrimination and equal employment opportunities in the workplace. Each and every law, with regards to the country they’re formulated in, should ensure that every work environment is free from harassment and discrimination. The employers are also required to be quite conversant with their rights and responsibilities with regards to the anti-discrimination and human rights law. Through the placing of effective anti-harassment and anti-discrimination procedures, business organizations are able to increase efficiency and improve productivity (Szolnai 2017).
The maintenance of diversity and ethical practices happens to be vital to many small businesses which would want to gain employees’ loyalty as well as the trust of customers. In the business world, the ethics training has well become a trend. Training of business ethics has helped align the staff to ensure that the broader vision of the organization gets achieved. The beginning of ethics is the assumptions that each and every employee lives in accordance to the moral guidelines as well as conduct themselves accordingly while in their work environments. Regardless of how large and influential a company is, unethical behavior within the environment of the company can cripple its ability to have customers attracted. Business organizations may be faced with ethical issues as well as setting ethical standards of operation due to the fact that such instances are common professional practices in several fields including psychology. Financial officers, beyond professional practices, need to maintain responsibility that is fiduciary (Leonard 2017). Sales teams are also required to give information that is reliable and honest during the sales process (Szolnai 2017).
Regarding diversity, business organizations need to ensure that their workplaces everyone regardless of their socio-economic backgrounds. Diversity is also one of the ways through which business organization are able to ensure that every employee accesses equal opportunities in activities like getting hired. Micro and small business organizations ensure that they maintain programs of non-discrimination as well as enforce non-compliance penalties. Apart from the issues associated with legal compliance within the diversity of workplaces, business organizations can as well benefit from encouraging tolerance as well as embracing differences. By so doing, business organizations ensure that they open new horizons to access new customer demographics, methods of internal performances and business partners. All kinds of businesses, small or big, are exposed to cultural diversity within the workplace, education levels and even demographics. Handling such a situation in a manner that is appropriate has the chance of improve the opportunities of the business in future. Ensuring cultural diversity and ethical operations within a business organization, however, requires management training. Most business organizations have established training programs that would exalt diversity and ethics. For those organizations that are still on the rise, they need to have a small code of ethics written or instead create a diversity standard as well as practices that are non-discriminating. The writings should then be added to the handbooks given to the employees. Apart from just writing out such policies, employers also need to conduct sessions of training for managers as well. Having to provide managers as well as team members with tools for dealing with conflicts in situations that are difficult is one way of reducing issues of diversity and ethics in future (Leonard 2017).
Most business organizations try as fast as possible to address cases of workers either being uncertain or uncomfortable to ensure that risks of conflicts are avoided. In other cases, institutions that uphold certainty are employed to ensure that such instances of chaos are avoided between employees (Harman 2013). To ensure that issues regarding employee-management relationship are derailed, the following topics are worth addressing:
This is the aspect of having the society and the employees agreeing that organizational power is either equally or unequally distributed. Greater power distance is whereby; there is unequal distribution of power. However, smaller power distance is whereby power is fairly or equally distributed; and the employees conform to the distribution of such power.
Regarding this factor, as mentioned before, employees’ uncomfortability level as a result of ambiguity and uncertainty should be addressed. In business organizations, certainty supporting beliefs should be upheld alongside the sustenance of institutions protecting conformity (Kader 2017).
In this case, individualism is regarded as preferring a social model which happens to be loosely knit in a given community. On the contrary, collectivism is termed as a social model’s choice and of which is tightly knit.
Regarding this context, masculinity refers to the preference of fulfillment, forcefulness and materialistic success. However, femininity is all about the preference for modesty, relationships and upholding care for each and everyone weak or strong (Kader 2017).
With regards to the theory of cross-cultural management, there are different levels of culture. As mentioned in this PoV, such dimensions are power distance, masculinity-femininity, long-term against short-term orientation, individual collectivism and uncertainty avoidance (Kader 2017).
In another perspective, “The Idea of Responsibility” by Jonas provides evidence that a new form of ethics that is vital for the current technological age is advocated for. Some of the theses that the article is based on include:
For some time now, human action has naturally changed that a call for changes in ethics needs to be made as. In past ethics, any dealing with the world of the nonhuman happened to be ethically neutral (Hamel 2017). The significance of ethics only came into play when dealings involved humans alone; including aspects of man dealing with himself or herself. The traditional form of ethics was anthropocentric. Action’s range also happened to be small and the time for goal-setting, foresight and accountability also happened to be short; circumstances control also limited (Hamel 2017). However, there has been the emergence of new responsibility dimensions since nature turned to a subject of human responsibility. Such can be attached o the fact that man’s impacts on living things are cumulative and irreversible. Having knowledge on such circumstances as to which makes man responsible of the living world happens to be a prime duty of everyone.
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