Tuesday 14 April 2015

Ethic for International Negotiator

Ethic for International Negotiator




This afternoon I will explain a very important topic that I saw in class and found an extra information that will help you to understand more the topic of Ethics in a business environment because nowadays a company doesn’t have to worried about only with the costumers there are more: direct contact with company we have employees, supplier, costumers, stakeholders, distributors, government, competition and if the company expand its limits to others country these multiply by two.
The first thing I want to share is the differences between too way to see the ethics the Relativism and Universalism .The first one is when we judge something depending our legal and social standards for example in here in Colombia to past a traffic light in red or go over the speed limit could be not as bad as for example a country of Europe other example that is controversial is the adultery in the men of having many wife’s. In the other hand we have universalism that is the opposite is not judge based on you culture if not we have universal “rules” one example in my opinion in an organization context could be to steal something in the company. With the globalization and the MNEs the tendency is to Universalism
I want to share 12 principles of ethics that I found for business and executives that are (Josephson, 2015):
  1. Be honest in your communication
  2. Integrity means that the words that you mean the same than your actions
  3. Keep promises and fulfill commitments
  4. Be loyal within the framework of other ethical principles
  5. do not exercise power arbitrarily
  6. Demonstrate compassion and a genuine concern for the well-being  of others
  7. Treat everyone with respect, doesn’t matter who you are
  8. Follow the rules
  9. Pursue excellence all the time in all things
  10. Exemplify honor and ethics by your actions and being a leader
  11. Build and protect and build the company’s good reputation and the morale of it’s employees
  12. Be responsible for the rules are followed
Lets see a video about a topic that is related with this,, Corporate Social Responsibility



I want to share the definition that I found in Investopedia of business ethics:
“The study of proper business policies and practices regarding potentially controversial issues, such as corporate governance, insider trading, bribery, discrimination, corporate social responsibility and fiduciary responsibilities. Business ethics are often guided by law, while other times provide a basic framework that businesses may choose to follow in order to gain public acceptance” 
(Investopedia, 2015)


How we can manage Ethic in an Organization?

Looking for the answer I found that is can be managed with different strategies, for example creating ethics management program writing down what is ethical and unethical for the company .Other way is to create a codes of conduct for the employees for all the company. On that could be very important is to communicate and use the channel inside the company to promote Education, Model, Reward to these Values and Standards (Josephson Institute, 2015). To answer this question I also use a video to help the explanation.

References

Investopedia. (2015). Obtenido de http://www.investopedia.com/terms/b/business-ethics.asp
Josephson Institute. (2015). Obtenido de http://josephsoninstitute.org/business/blog/2011/02/4-strategies-companies-use-to-manage-ethics/
Josephson, M. (2015). Business Ethics & Leadership. Obtenido de http://josephsoninstitute.org/business/blog/2010/12/12-ethical-principles-for-business-executives/




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