OPPapers.com

Values And Ethics Reconciliation

Values and Ethics Reconciliation
Values and ethics in the business world can conflict with personal values and ethics. As businesses create policies and procedures they affect the people that work for them. Business values are in place to ensure success for the company first and the employees second. People come to a company with a set of values and ethics and as the company changes policies it can cause conflict. A person has to feel that the business they work for is a match with their personal values. Constant emotional conflict will hurt productivity, leads to greater employee turnover and can create financial problems for the company.
Companies are paying close attention to the values practiced by its managers. The managers are expected to act ethically and not participate in activities that put the company at risk (Lee, Fabish, McGaw).
Reasons for practicing ethics
Both the individual and company benefit from practicing values and ethics.
Business success
"Professional consultants, companies and organizations that compete internationally will undermine their long-term profitability, professional development and client business if they fail to properly address and practice global ethics" (Fung, 1998). A business sets it ethics based on the culture it which it operates. The success or failure of the business can hinge how well the business fits in to the established culture.
Personal growth and well-being
In life, personal growth and well-being come from adherence to values and ethics. A person's ethics are developed early and continue to evolve at they move through life. In order to support a company people need to feel the company they work for supports them and the things they believe in. As a person grows and ages, the values they carry with them evolve. The company they work is an important part of these evolving values. If the place they spend most of their day is not in sync with their life, well-being is hard to achieve.
Identifying...