Business ethics training
Business Ethics refers to the principles, standards, and moral values that guide behavior in the world of business. It ensures that companies operate in a fair, responsible, and transparent way, balancing profit-making with the impact on society and the environment. Ethical business practices build trust with stakeholders, improve brand reputation, and foster long-term success.
What is Business Ethics?
Business Ethics is the study and application of moral principles in business settings. It involves determining what is right or wrong in how a business conducts its activities. This includes fair treatment of employees, honesty in advertising, environmental responsibility, and avoiding corruption or exploitation. Businesses use codes of conduct and ethics training to ensure that their practices align with societal values and legal standards.
Importance of Business Ethics in the Workplace
Business ethics plays a crucial role in building a healthy organizational culture. When employees understand and follow ethical standards, it leads to better teamwork, increased employee satisfaction, and improved decision-making. Ethical behavior reduces the risk of legal issues, scandals, or loss of public trust. Companies known for strong ethics often attract better talent and enjoy customer loyalty.
Examples of Ethical and Unethical Business Practices
Ethical Practices:
Paying fair wages
Honoring contracts and agreements
Using sustainable materials
Treating all employees with respect and fairness
Unethical Practices:
Exploiting labor
False advertising
Bribery or corruption
Ignoring environmental regulations
Overview
Comprehending the interconnection among values, ethics, and organisational culture, recognising their influence on goal achievement.
Description
Comprehending the interconnection among values, ethics, and organisational culture, recognising their influence on goal achievement. They can apply corporate ethics concepts to a unit, analysing it against ethical principles and suggesting strategies to enhance organisational values, codes of conduct, and ethical practices within both the unit and the broader entity.
- How to apply the principles of ethics to improve organisational culture
- (incl 1.1.1) Relationship between personal values, ethics and organisational culture
- Relationship between ethics and organisational culture
- Types of cultures and how they influence ethics and values
- Conflicts between personal values and organisational values and ethics
- Illustrations of conflicts
- Impact of organisational values and culture on organisations
- Role of organisational values and culture in triple-bottom-line
- Understanding ethics, values and culture
- Imperatives of ethics in South Africa
- Batho-Pele principles
- The KING report
- Corporate governance and ethics
- Role of corporate governance
- Benefits of corporate governance
- Ethics of corporate governance
- Ethical practices in a unit
- Principles of corporate ethics Assessing individual and organisational conduct, values, and ethics
- Principles of corporate ethics Assessing individual and organisational conduct, values, and ethics
- How do you prepare a survey?
- Sampling
- Interviews and phone surveys
- Evaluating the current state against the desired state concerning values, ethics, and the code of conduct
- What are the elements of a SWOT analysis?
- Setting Goals and Objectives
- Recommendations for strengthening organisational values, code of conduct, and ethics
- Developing an implementation plan to strengthen organisational values, ethics, and code of conduct
- Roles and responsibilities of a manager in strengthening ethics, codes and values
- Promoting the values, code and ethics
- Monitoring and evaluating improvements in values, code and ethics
Accreditation
- Non-accredited: Short course only
- Duration: 1h 30m
- Delivery: Classroom/Online/Blended
- Access Period: 12 Months
