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Management 6 Pages

How Managers Deal With Issues Of Ethics And Corporate Social Responsibility

Question

Anaylyze any two articles from online database like Business Source Complete or any business magazine like Forbes, BusinessWeek, or Arabian Business. The articles have to be published from 2013 onwards and be at least 3 pages long.

Please look for just two business articles relating to the topic and then talk about it in the light of the fundamentals of management course. The articles can be from any business magazine or online database.

Solution

Title: How Managers Deal With Issues Of Ethics And Corporate Social Responsibility
Length: 6 pages (1714 Words)
Style: MLA

Preview

How Managers Deal With Issues of Ethics and Corporate Social Responsibility

Article1: (Back to Basics: Ethics of a Financial Manager)

This article explains how managers in different sectors of the economy have great responsibility in guiding the ethical and moral standards in their work. According to the article, managers should ensure that every person working in a firm has access to the ethical codes of conduct applicable (Sean 34). They ensure that all databases where employees can access the moral and ethical codes are updated. This includes locally shared drives, templates, leaflets and file cabinets. Also, managers have the role of ensuring an internal audit of the codes of conduct is done annually to find avenues for improvement and identify existing shortfalls (Sean 34). The internal audit, according to the article, should focus on areas such as non-compliance, awareness, training and areas of policy change (Sean 35). Managers also have the responsibility of ensuring the code of conduct of the organization is rooted on a stable foundation. Financial managers, for example, have the responsibility of incorporating the values of unbiased and fair budgeting posture, integrity, and information release and cost evaluation on their workforce (Sean 35). Managers also have the responsibility of congratulating those who have a positive attitude towards ethical practises endorsed by the firm (Sean 35). Rewards and promotions come in handy for this purpose for the financial managers in an organization. Managers are also required to train their personnel in the specific jobs they are assigned. The training is done to improve the employees understanding of the work, enforce ethical values and ensure organizations standards are met. Financial managers have the role of leading by example in the organization. The managers therefore have to tighten their moral and ethical belts to ensure the whole team follows on the standards of the manager thus propagating teamwork in ethical responsibility and corporate social responsibility (Sean 34).

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