Ethics, Compliance, and Training
Read Chapter 4 in the textbook and the article Ethics, Reputation, and Compliance Gain as Corporate Priorities. In the article, Hagel (2015) states, The demand for greater transparency from consumers and stakeholders across the world has pushed the areas of ethics and compliance up the corporate list of priorities in recent years. In addition, the risk to reputation and potential damage that can be done if evidence of unethical practice is discovered have increased significantly with the advent of social media. (para. 2)
Based on the importance of transparency, your organization (You can represent any organization, McDonalds, Starbucks, ESPN, etc.) has asked you to create a training presentation on ethics and compliance to be presented next week. Referencing the Hagel article, the Gonzales-Padron textbook, and at least two other journal articles, present an outline for your training as a response to this thread:
Create an outline describing the information that you would include in your training presentation.
Cite and create reference entries for all sources in APA Style as outlined in the University of Arizona Global Campus Writing Center.
Your response must be a minimum of 300 words.
Text
Gonzalez-Padron, T. (2015). Business ethics and social responsibility for managers. Zovio.
Ethics, Compliance, and Training
Your Name
Subject and Section
Professor’s Name
June 7, 2023
- Introduction
- Explanation of the importance of ethics and compliance
- Overview of the rise in corporate prioritization of ethics and transparency (Hagel, 2015)
- Defining Ethics and Compliance
- Detailed explanation of what constitutes ethical behavior (Gonzalez-Padron, 2015)
- Explanation of the principle of compliance and how it supports ethical conduct
- Reference to the fundamentals of ethical conduct in business
- The Increasing Demand for Transparency
- Deep dive into the demand for transparency from stakeholders and consumers (Hagel, 2015)
- Explanation of the impact of social media on reputation and the importance of ethical conduct (Kaplan & Haenlein, 2010)
- Discussion of trends in corporate transparency
- The Importance of an Ethical Culture in Business
- Explanation of the value of adhering to a code of ethics
- Discussion of the relationship between ethical culture, company reputation, and stakeholder trust (Fombrun & Shanley, 1990)
- Sharing of real-world examples of companies excelling or failing due to their ethical culture
- Navigating the Legal Landscape of Compliance
- Detailed explanation of regulatory and legal compliance requirements
- Discussion of the implications of non-compliance
- Case study on a company's e...
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