.The presentation is all about How the Code of Ethics helps in the organization effectively. Code of Ethics is a guideline for the employee's organization that is regarding decisions related. It is a practice that is seen in the code of conduct. It shows a clear picture & difference between the Code of Ethics and the Code of Conduct.
2. Today’s Agenda
Ethics !!!! Benefits of Code of
Ethics
Code Of Ethics
Purpose of Ethics
01
04
02
05
03 Steps to enforce Code
of Ethics
Code of Ethics Vs Code
of Conduct !!
06
Case Study
08
Purpose of Code of
Ethics
07
5. Ethics
Code
Of
Ethics
Example!
Purpose
Benefits
Case
CODE OF ETHICS
A written set of guidelines is issued by an organization to
its workers and management to help them conduct their
actions in accordance with its primary values.
Code of Ethics is mainly formulated by professional bodies
or institutions i.e. IMC (Indian Medical Council) developed
for doctors, Bar council developed (Advocates).
6. Ethics
Code...
Example!
Purpose
Benefits
Case
Code of Ethics Code of Conduct
Code of ethics is a standard of
morals by which a company makes
decisions about what is right or
wrong
It is a set of rules and regulations
that explain appropriate behaviour
in specific situations. clarifies an
organization's mission, values,
and principles, linking them with
standards of professional conduct.
Voluntary Mandatory
Focuses on values Focuses on rules and regulation
Decision oriented Actions Oriented
Broader Concept Narrower Concept
Publicly Disclosed Usually, accessible for employees
7. Ethics
Codes...
Purpose
Benefits
Case
It includes the values and details of how the company plans
to implement its values and vision and guidance to employees
on ethical standards and how to achieve them.
Adherence to law, promotion of green business practices,
confidentiality, and privacy policies are also some sections
code of ethics may cover.
WHAT’S IN THE CODE OF ETHICS
DOCUMENT?
8. Ethics
Code
….
Code
of
Conduct
Example!!
Purpose
Benefits
Case
Study
01 Work environment – equal opportunity, policies about
harassment, substance abuse, violence, safety, etc.
02
Protecting the company’s assets – Intellectual
Property, Information Security
03 Conflicts of interests – insider
trading, taking out loans, etc.
04 Attendance and punctuality!!
05 Anti-bribery and corruption, etc
Example!
9. Ethics
Codes...
Example!
Purpose
Benefits
Case
Study
PURPOSES OF CODE OF ETHICS
To give every employee an insight into the
mission, values, and principles which the company
wants to pursue.
01
02
To establish standards of ethical behavior which
shall govern relations with the company and
between the its stakeholders.
11. Ethics
Codes..
Example!
Purpose
Benefits
Case
It facilitate ethical decision-making at all levels of
management by reducing ambiguity and providing a
common framework.
It sets standards for interaction between the company
and its shareholders, investors, suppliers, dealers, etc.
It helps to protect the company’s reputation and legal position in
case of branch of ethics by an employee.
A formal and well written code of ethics is a vital document .
Its main advantages are as Cases :
12. Ethics
Codes...
Example!
Purpose
Benefits
Case
It boost the confidence of national and
foreign investors in the company.
It guides employees in their day to day
actions and behavior.
It serves as a tool for induction of new
employees in the company.
13. Ethics
Codes...
Example!
Purpose
Steps
Case
STEPS TO ENFORCE CODE OF ETHICS
1.Ethics committee
This is a group of senior management positions. Expert members who
deal with ethical breaches or complaints within the company to
resolve business ethics issues. Many companies appoint ethics
officers.
1.Ethics Hotline
Concept of ethics hotline has also come into being recently. If an
employee in any enterprises is reluctant to disclose his complaint to the
immediate superior, it may inform by using company’s ethics hotline.
1.Ethics Training Programme
Another way of creating better awareness amongst employees several
enterprises have developed extensive training programmes.
14. Ethics
Codes...
Example!
Purpose
Steps
Case
STEPS TO ENFORCE CODE OF ETHICS
4. Ethics Audit
It is a process whereby a deep scrutiny of ethics practised by an
enterprise is carried out and reported. Ethics audit verifies the
appropriateness of ethical standards, ethical decisions in conduct of
business and deviation from the standard.
5. Ethics Awards
In order to encourage compliance of ethical code of conduct, enterprises
have evolved schemes like awarding those who deal with ethical
situations well. This approach encourages people to follow ethical code
of conduct.
15. Ethics
Code..
Example!
Purpose
Benefits
Case:-
In the following case study we will see how Code of
Ethics/Conduct helped Wipro save its public image and
prevent misuse of laws made to protect women. Ukil, who
joined Wipro in 2005 and was the head of sales of
manufacturing and hi-tech segments for Europe , a report
dated 6 October 14 in The Telegraph. Ukil charged Wipro
with discrimination, saying she was paid far less than her
male colleagues, earning up to £75,000 a year rather than
the typical £150,000 paid to male equivalents.
In October, Wipro had strongly dismissed the allegations
from Ukil, terming them as "insidious and defamatory" and
said that both Ukil and former BPO head Manoj Punja..
Case
Study
WIPRO CASE STUDY
16. Ethics
Code
…..
Example!
Purpose
Benefits
Case:-
Going by its already established code of Ethics
Which has a point of Conflict of Interest, the
company took a strong stand on its truthfulness
Wipro has had a Global Prevention of Sexual
Harassment Committee (PSHC), an impartial body for
investigation, with members across locations,
including an external expert.
The UK Employment Tribunal had ruled in favour of
the company and upheld the company's decision to
terminate her employment.
Case
Study
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By Suraj Singh Rawat (3294)
Kanhaiya Lal Sharma (3034 )
Mamta (3315 )
Chirag Sharma (3317)
Mohit Chhabra