Durham Medical Books > Two Hours Or More > Download e-book for iPad: Ethical Business (DK Essential Managers) by Linda Ferrell

Download e-book for iPad: Ethical Business (DK Essential Managers) by Linda Ferrell

By Linda Ferrell

ISBN-10: 0756642000

ISBN-13: 9780756642006

A functional, convenient advisor to moral company talents as a way to provide the info and abilities to succeed

Develop your moral enterprise talents via studying to evaluate your online business, determine possible choices and plan for swap. step by step directions, checklists and lines study company merits, setting process and implications for human resources.

Tips, dos and don'ts and 'In concentration' gains on what to do in a selected state of affairs, plus real-life case experiences exhibit tips to plan your moral process, visual display unit growth and accomplish your ambitions. learn it cover-to-cover, or dip out and in of issues for fast reference.

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Extra info for Ethical Business (DK Essential Managers)

Sample text

Identifying principles and values Before you can communicate your organization’s ethical intent or formulate a code of conduct, you need to clarify your principles—those long-standing or “bedrock” beliefs that cannot be compromised— and your values. Starting with principles, develop rules that restrict outcomes and that employees must respect. A good place to start is by reviewing your company’s mission statement, objectives, and past performance. Determine what they tell you about your ethical objectives, and identify the key ethical risks to your business.

Review the methods used by your business to collect personal information. Keep records of why you have collected the information and the consent to do so. Appoint a privacy officer. Develop a firm-wide privacy policy. Train your staff in data security. Ensure personal information is secure. Ensure your third parties and vendors comply with privacy legislation. 32 Recognizing ethical issues Protecting your trade secrets You should also protect corporate intelligence for the benefit of the business; this is information that could potentially give your organization competitive advantage in its market.

Identifying weakness No matter how hard you try to steer your organization along an ethical path, you are only as strong as the weakest link in your supply chain; and your exposure to this risk is enhanced if you operate in retail or if you own a brand with a high public profile. A recent example involved toy company Mattel, which outsourced around 50 percent of its production to manufacturers in China. The discovery of lead paint on some of its product lines led to the recall of almost one million units, and a significant loss of both money and reputation for Mattel, despite the fact that the company required its subcontractors to use paint provided by certified suppliers.

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Ethical Business (DK Essential Managers) by Linda Ferrell

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