Ethics Essay Example | Topics and Well Written Essays - 3000 words - 3

Ethics - Essay Example That said, the main aim of this paper should be to investigate and discuss the ways that an organization can manage ethical behavior within its structure and pertinent to the larger body of stakeholders. There are types of methods or means of managing ethical behavior within an organization and its stakeholder circles. Categorized as formal and informal means, these form the mainstay of a manager’s, or management teams’ effort at introducing and managing ethical behavior within the organization (Phillips & Margolis 1999). The first or formal means of managing ethical behavior in an organization entails the results of years of research and widespread trials in the industry. These include; the core value statement, the mission statement, the code of ethics, compliance manuals, and ethics standards and indices. The second or informal means of managing ethical behavior in the organization and its wider stakeholders setting are more or less the result of years of experience in the industry and a distillate of the vast pool of experience in optimizing organizational performance through ethics. These means are; manager concern/role-modeling, candid ethical communication, et hics as a topic of employee conversation, reward and penalty systems, and communication of stories (Schnebel & Bienert 2004). In addition to the means of managing ethical behavior, the paper shall venture into other issues that are relevant to this topic. Since management ethics is a wide topic, the process might venture into issues such as codes of conduct and codes of ethics, workplace ethics theories, training and its role in the management of workplace ethics, the impact of new technology on ethical behavior, and corporate social responsibility (Solomon 2004). Formal methods of managing ethical behavior pertain to the methods individuals or organizational teams strive to improve their employees’