How do ethics influence a company's results?
Posted: Thu Jan 30, 2025 10:19 am
Ethics in the workplace consists of a set of standards, values and personal behaviors understood as fair, moral, beneficial to the collective, or that are in any way positive for the corporate environment .
The lack of this value in an organization can lead to several problems, from the loss of good employees, problems with the law and even a decrease in profits and positioning in relation to the competition.
What are the benefits of having a code of ethics within a company?
Developing ethics brings several positive returns to an organization. More responsible and honest employees are more prudent and aware of their actions, showing more discipline in the face of rules and committing to the security of information and the people around them. More rational, they convey greater professionalism , in addition to having better productivity performance . Ethics also provides greater openness for dialogue, generating harmony in the work environment.
Customers are sensitive to this type of behavior, and viber data the market looks favorably on companies that have honest and impartial professionals, giving them greater credibility .
When a company encourages and provides tools to promote ethics, problems such as omissions, internal fraud, theft, bribery, harassment or embezzlement decrease drastically. Let's now look at some steps for your company to have healthy growth through ethics:
1- Define what you expect from your company in terms of ethics
Each segment has its own demands and, therefore, each company must develop its own code of ethical conduct. A doctor has different moral issues than a lawyer, which are different from a psychologist, and even more different from a teacher, and so on.
What do you understand as fair and moral, and what would you like employees to practice?
2- Establish rules and parameters
Now that your company's ethical conduct has been devised, it's time to make it clear to the entire company how this should be practiced. Imagine situations where employees might hesitate or even make mistakes and define rules and parameters that prevent these occasions of conflict. This document should be made available to everyone.
3 – Provide means and tools that enable ethical behavior
Imagine that an employee has made a mistake and is afraid or embarrassed to admit it because he or she fears the consequences. However, if he or she is negligent, this mistake could become an even bigger problem. In this case, the company must develop ways to encourage good practices :
Leadership trained to accept employee mistakes professionally (without humiliating or exposing the employee), seeking to understand what led them to make the mistake and working together to ensure that the mistake is not repeated.
Often, employees may act unethically due to lack of attention . Having control tools that highlight errors in each function makes it easier for both the employee and their manager to quickly notice the problem.
Creation of a reporting channel so that colleagues can alert leadership that something is wrong, even anonymously.
4 – Make everything very clear
Ethical conduct is a fundamental issue for the functioning of a company and, therefore, must be treated with the utmost importance, being addressed at least once a month through training, lectures, newsletters , among others.
5 – Do your part
Complaints received must be treated seriously and confidentially , and appropriate measures taken. If there are no consequences for unethical actions, trusted employees may feel demotivated and even corrupted by the unfair environment. Likewise, good practices must be recognized and praised .
Manghá is an advertising agency in Jundiaí-SP that offers training solutions for companies. In order to facilitate the dissemination of information and the development of employees, we carry out with expertise:
Creation of a personalized Ethical Conduct Manual;
Compliance Strategies;
Internal marketing actions;
Creation of Intranet;
Development of a customized online teaching platform;
Printed materials, and
Adhesives for training environments, improving teaching!
Get in touch and learn more about these and other marketing solutions for B2B companies !
The lack of this value in an organization can lead to several problems, from the loss of good employees, problems with the law and even a decrease in profits and positioning in relation to the competition.
What are the benefits of having a code of ethics within a company?
Developing ethics brings several positive returns to an organization. More responsible and honest employees are more prudent and aware of their actions, showing more discipline in the face of rules and committing to the security of information and the people around them. More rational, they convey greater professionalism , in addition to having better productivity performance . Ethics also provides greater openness for dialogue, generating harmony in the work environment.
Customers are sensitive to this type of behavior, and viber data the market looks favorably on companies that have honest and impartial professionals, giving them greater credibility .
When a company encourages and provides tools to promote ethics, problems such as omissions, internal fraud, theft, bribery, harassment or embezzlement decrease drastically. Let's now look at some steps for your company to have healthy growth through ethics:
1- Define what you expect from your company in terms of ethics
Each segment has its own demands and, therefore, each company must develop its own code of ethical conduct. A doctor has different moral issues than a lawyer, which are different from a psychologist, and even more different from a teacher, and so on.
What do you understand as fair and moral, and what would you like employees to practice?
2- Establish rules and parameters
Now that your company's ethical conduct has been devised, it's time to make it clear to the entire company how this should be practiced. Imagine situations where employees might hesitate or even make mistakes and define rules and parameters that prevent these occasions of conflict. This document should be made available to everyone.
3 – Provide means and tools that enable ethical behavior
Imagine that an employee has made a mistake and is afraid or embarrassed to admit it because he or she fears the consequences. However, if he or she is negligent, this mistake could become an even bigger problem. In this case, the company must develop ways to encourage good practices :
Leadership trained to accept employee mistakes professionally (without humiliating or exposing the employee), seeking to understand what led them to make the mistake and working together to ensure that the mistake is not repeated.
Often, employees may act unethically due to lack of attention . Having control tools that highlight errors in each function makes it easier for both the employee and their manager to quickly notice the problem.
Creation of a reporting channel so that colleagues can alert leadership that something is wrong, even anonymously.
4 – Make everything very clear
Ethical conduct is a fundamental issue for the functioning of a company and, therefore, must be treated with the utmost importance, being addressed at least once a month through training, lectures, newsletters , among others.
5 – Do your part
Complaints received must be treated seriously and confidentially , and appropriate measures taken. If there are no consequences for unethical actions, trusted employees may feel demotivated and even corrupted by the unfair environment. Likewise, good practices must be recognized and praised .
Manghá is an advertising agency in Jundiaí-SP that offers training solutions for companies. In order to facilitate the dissemination of information and the development of employees, we carry out with expertise:
Creation of a personalized Ethical Conduct Manual;
Compliance Strategies;
Internal marketing actions;
Creation of Intranet;
Development of a customized online teaching platform;
Printed materials, and
Adhesives for training environments, improving teaching!
Get in touch and learn more about these and other marketing solutions for B2B companies !