What does a Business Code of Ethic Provide?
Having solid business ethics builds better internal and external relationships and a spirit of social and professional cooperation. Additionally, good reasons to create a business code of ethics include: • a definition of business ethics, and what it means to your organization and culture; • delineating what are acceptable workplace activities and behaviors; • illustrating mature, reasonable and professional thought; • facilitating your overall corporate identity and culture; • clarifying responsibilities to the company and its community; • providing a tool for on-going staff evaluation (including potential new staff); • encouraging the highest level of standards for the industry you work in; • focusing on common values, missions and goals. When you review the development of your business code of ethics, and what to include, you have to take a long hard look at the business goals and culture and to find a balance between the two.
