Join Bob McGannon for an in-depth discussion in this video Understanding roles and responsibilities, part of Business Ethics.
- Earlier in this course, I talked about…the need for a business ethics framework.…Creating and maintaining an ethics…framework by yourself might be okay…if you're running your own business.…However, for most organizations,…a little more focus is required.…Let's discuss the steps, roles, and…responsibilities required to ensure your…organization has a vital ethics framework.…There are five major steps to creating…your own framework.…Determining ownership, design,…implementation, management, and monitoring.…
Let's look at each of these in sequence.…It is absolutely vital that you understand…who will own the business ethics process,…and who should communicate the agreed…processes to management and staff.…Without this sponsorship, ethics…frameworks are just a good idea…that won't be utilized by your organization.…The second step is to design the ethical…framework with intent and the involvement of…multiple people with appropriate experience.…When designing anything new in…an organization, it's best if you have…the team involved in the design work…
Bob also discusses ethics in relationship to specific business scenarios: working with suppliers and vendors, organizational decision making, and doing business internationally. He addresses how to handle business ethics violations and provides a checklist of items for staff to evaluate if something is ethical.
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- Understanding the purpose and intent of business ethics
- Practicing business ethics
- Working with suppliers
- Reporting ethical problems
- Messaging staff
- Leading by example
- Creating escalation procedures for ethical issues
- Handling a crisis