Watch The Ethics In The Workplace 13 Video 335 Essay 2 Quest

Watchthe Ethics In The Workplace 13 Video 335essay 2 Question E

Watch the “Ethics in the workplace 13” video [3:35]. Essay #2 Question Ethics Program (1-2 pages, APA format) If you were developing an ethics program for your workplace, would you choose a values-based program or a compliance-based program? - Why? - What benefits do you see in your choice? Read the following sections of Business Ethics : • Ch. 7, “Organizational Factors: The Role of Ethical Culture and Relationships†• Ch. 8, “Developing and Effective Ethics Program†• Case 5, “New Belgium Brewing: Ethical and Environmental Responsibility,†on pp. 437–446 Read the following sections of Conscious Capitalism : • Ch. 15, â€Conscious Cultures†• Ch. 16, â€Conscious Management†• Ch. 18, â€The Power and Beauty of Conscious Capitalism†• “The Conscious Capitalism Credo†on p. 273 Required Course Materials Title: Business Ethics: Ethical Decision Making and Cases Edition: 11th Authors: Ferrell, O. C., Fraedrich, J., & Ferrell, L. ISBN-13: Title: Conscious Capitalism: Liberating the Heroic Spirit of Business Authors: MacKay, J., & Sisodia, R. ISBN-13:

Developing an effective ethics program is crucial for fostering a moral organizational environment and guiding employees toward ethical decision-making. When designing such a program, a pivotal choice exists between a values-based approach and a compliance-based approach. Based on comprehensive readings from "Business Ethics" and "Conscious Capitalism," I would advocate for a values-based ethics program for my workplace. This approach emphasizes aligning corporate practices with core ethical values, fostering a culture of integrity, trust, and proactive ethical behavior, rather than simply adhering to regulatory standards.

A values-based ethics program primarily focuses on cultivating an organizational culture rooted in shared ethical principles. As discussed in Chapter 7 of "Business Ethics," the role of ethical culture and relationships in shaping organizational behavior is paramount (Ferrell, Fraedrich, & Ferrell, 2024). Such programs encourage employees to internalize a set of core values that transcend mere compliance, resulting in a workforce motivated by intrinsic ethical standards. This foundational philosophy fosters a sense of moral responsibility and collective integrity, which is more sustainable than a compliance-only mindset that risks fostering superficial adherence to rules.

Furthermore, Chapter 8 highlights that effective ethics programs are those embedded into the organizational culture, involving leadership commitment, ongoing ethics training, and open dialogue about ethical dilemmas (Ferrell et al., 2024). These components are more naturally aligned with a values-based approach, facilitating genuine behavioral change rather than superficial rule-following. A focus on values sustains ethical behavior in complex or unpredictable situations, where strict rules may not suffice, whereas compliance programs may fail to foster moral judgment or moral reasoning.

One case that exemplifies the benefits of a values-based approach is New Belgium Brewing, which demonstrates ethical and environmental responsibility. The company's strong commitment to sustainability, worker welfare, and community engagement illustrates a values-driven corporate ethos (Ferrell et al., 2024). Their success underscores how aligning organizational practices with ethical values not only enhances reputation but also fosters employee engagement and customer loyalty.

From the perspective of Conscious Capitalism, the principles outlined in chapters 15, 16, and 18 support a values-centered approach. The emphasis on “Conscious Cultures” and “Conscious Management” advocates for organizations driven by a higher purpose, stakeholder integration, and ethical leadership (MacKay & Sisodia, 2024). "The Power and Beauty of Conscious Capitalism" underscores that embracing such values can revolutionize how businesses operate, creating a harmonious relationship between profitability and societal good.

Adopting a values-based program aligns with the notion of a higher purpose in business, fostering engagement at all levels of the organization. It encourages employees to act ethically out of conviction rather than compliance, leading to a more authentic and resilient organizational culture. The long-term benefits include sustained ethical behavior, enhanced corporate reputation, and better stakeholder relationships—advantages that are less likely to result from enforcement of compliance alone, which can sometimes foster a box-checking mentality.

In conclusion, a values-based ethics program offers significant advantages over a compliance-based approach. It nurtures a moral organizational ethos, encourages genuine ethical behavior, and aligns with contemporary leadership philosophies such as those presented in Conscious Capitalism. By embedding core values into the organizational fabric, companies can sustain ethical excellence, enhance stakeholder trust, and create a positive social impact while maintaining profitability.

References

• Ferrell, O. C., Fraedrich, J., & Ferrell, L. (2024). Business Ethics: Ethical Decision Making and Cases (11th ed.). Cengage Learning.
• MacKay, J., & Sisodia, R. (2024). Conscious Capitalism: Liberating the Heroic Spirit of Business. Harvard Business Review Press.
• Additional scholarly articles and case studies relevant to ethics programs and conscious capitalism.