Business Ethics Check-Up Final Management Coursework

Business Ethics Check-Up
Student’s Name
Institutional Affiliation
Business Ethics Check-Up
Ethics is a continuously improving prospect that even businesses with strong ethical culture may need to revitalize their positions. In contemporary business activities, there exist consistent changes that may require frequent updates in ethical practices. Organizations that have not achieved the highest indices in ethical practices must instill attempts to improve their practices because they will determine their sustainability. Understanding a business organization’s health in ethics forms grounds for improvement. This paper analyzes the business check-up worksheet outcomes and determines how the gaps would be addressed to improve the company’s ethical policies/procedures. The analysis is vital because it explains the operational elements that can be improved to achieve the best ethical practice outcomes.
Worksheet Outcomes
The overall score for the company was 77. On the scale, any score between 60 and 90 is ideal. That implies an organization with a healthy ethics system. Most companies do not reach that score. However, the organization should keep improving to reach the most achievable outcomes in ethical practice bearing the nature of the worksheet outcomes, it is agreeable that the organization is excellent in multiple elements of ethical practice. For instance, the company has created an ethics code to which every stakeholder is expected to match the organizational standards. The company also anchors its operations on strong key values such as togetherness and enthusiasm that boost the implementation of the code by the employees.
The other two areas in which the organization has excelled to achieve such a high score are reinforcement of the benefits of the code and focus on becoming an industry-wide role model on ethical practice. While developing a strong code of ethics is important to an organization, such a code must be reinforced and made to be consistent to achieve better results. In the current company, reinforcements on the code are marked with setting achievable and time-bound targets. Employees can achieve their targets against which their performances can be measured at the end of a defined period. Using such a strategy has triggered a collective input towards ethical practice in the company. However, as noted, more progress is still needed in multiple areas to match the dynamism in the operational environment and set higher targets.
One strategy by which the company can improve its ethical policy is by conducting continuous training. As noted, the operational environment in business organizations keeps changing. Businesses employ new employees consistently (Smith, Fulcher, & Sanchez, 2017). Those new employees come from different perceptions about ethics. At the same time, employees within organizations need to update their systems on ethical practice changes. Offering to train employees em...