Company Code of Ethics, Essay Example

Summary

All over the world leading corporation and managers, have been having field day in trying to proficiently and effectively insert effective programs that are essential in ordaining all employees foresee the values of the corporation, this is scouted so as employees can enforce this policies and ethical code of conducts which are the foundation of the ethical sphere.

Many companies have formulated internal policies which are compatible with the programs that enhance the ethical conduct of the employees. This policies range depending on the urgency of their creation and the mood at which they are being created for. According to Ward, (2001) this is fashioned to combat corporation expectation of the employees and offer consultation to some of the ethical problems that may arise in the line of business, broader understanding of the need to have this policies and code is therefore in this case considered to be crucial in avoidance of ethical disasters.

For the paper to clearly understand the meaning of the term ethical code we first have to court the meaning of the term ethical code. The definition of this term will help be the guideline of the topic. Ethical code can be defined as any form of applied ethics which main function is to evaluate ethical principles and ethical or moral issues that pops up in the perimeter of the business environment. This is applicable to all aspect of business demeanor, and is also pertinent to the conduct of business organization and individual in all. This is adopted by organization so that employees or all those who are participant can be assisted and apply this codes so as to make sound decision in all their endeavors (Ward, 2001).

Code of ethics or business ethics; falls under the ethical codes and often sports it focus on the social issues in business organizations. This helps the organization to setout general principals based on the beliefs of the faculty in matters such as; quality, privacy, mission and environment. The efficacy of these codes of ethics depends on the organization extent by which management dully supports them fashioned with rewards and sanction.

Purpose of Code of Ethics

The purpose of these code is to makes sure the following attributes are foreseen and remedies and awards are reimbursed to the correct correspondent. These activities that tally the purposes of code of ethics are in managerial position; this is advised because the managers are the ones in the position of direct interaction with all the workers that are employed in the organization. Some of the issues that may arise and need remedies are;

• Discrimination; race or inequality (Gender Discrimination)
• At-will employment
• Union busting and strike breaking
• Whistle blowing
• Indentured servitude
• Employee privacy, drug testing and work place surveillance
• Anti-competitive practices
• Right of the employee
• Company policies and rules
• Corporate social responsibility
• Moral rights and duties between a company and its shareholders
• Corporate governance
• Misuse of corporate ethics policies as marketing instruments
• Decision making mostly in strategic planning

Summary of Nokia Corporation

Nokia is the world leading manufacturers and provider in mobile and communication systems. Nokia provides solutions, equipment and services for corporation and network operators. The firm is also a broadly held company which list four major exchanges listings.

Nokia Background

Nokia has been in business for many years now, Steering growth and sustainability of the broader mobility industry, Nokia connect people and aids at connecting people with each other and information that of value to them with easy to use, innovative and advanced products like devices, mobile phone and solution for imaging, media, games and businesses. The company is worldwide and has outlet all over the world employing million of staff. The paper will evaluate the need of exertion of code of ethic in this firm, which employee are the target? Training and education of the code of ethic, how the code will be enacted and implemented?

Core Values

The need to have this kind of code of ethics in a big multi-million organization like Nokia is very essential, this is so as to establish and design a set up (code of ethics) that will improve the employees working condition and their livelihood, improve quality of good and services provided, also because of the nature of the organization it good to have policies that will govern and streamline the moral ethics of the employees and the employers in relation to rules and policies of the organization.

Target

This code would mostly target all employees of this organization and their clients, mostly this will be authenticated by managers in the human resources and production section. The main reason for the firm to have this implementation taking place is to look at the factors that may be harboring good relation between the employees and the managers, the good well of the livelihood of the employees of this organization, how the working condition if not favoring the employees are affecting and harboring quality production, how the sales people are relating with their clients and how advertisement are respondent to customers demand and the social responsibility of the organization in the community, environment and their social responsibility in the society.

If the above targets are met and the right person who are the target are also streamlined to the policies associated wit this ethical code then the organization would have fulfilled it target of inducing code of ethic. According to Schmincke, (2004) the organization mostly targets first fore hand the managers that make and execute most demanding decision and help them evaluate and give sound judgment to all the problems that may arise in the cause of implementation of the production and incases of violation of the organization policies or incases of discrimination or inequality, this is so as to help the organization from law suits that dent the image of the organizations.

The code of ethics helps organizations eliminate the employees plight and help them develop a good lasting relationship with their supervisors and this is mostly why the case we have chosen Nokia so that the quality of the services and goods provided may be improved as the rating of their product of late has been deemed to be of low standards.

This will help this organization because of the nature of the production of most of their products in relation to the environment, improve the quality of their product and make them eco-friendly; this will help in improving the nature of green gas emission by the plants associated with this firm. This code of ethic insertion to this organization will help improve the relation of the customers, this will be enacted in the customer care division, as the program will be mostly be educating those that are in constant contact directly with the customers and help them develop ethical manners that are pleasing and of high standards and this will boost the morale of the customer and the bond and trust of the brand start this way.

Training and Education

The training and insertion of these ethical codes will be targeted to all employees of the organization. These will first start with all managers and all those who hold position of power and execute certain duties and decisions concerning the organization like major stake holders with majority shares. Then the study will be allocated to the other employees in this organization and then all the participating party will have the business ethical code as a tool for good co-relation between themselves and the customer. Equipped with this training and knowledge the level of quality production will definitely rise and the plight of the employees are addressed and major decision making will not be an object for the managers will have garnered enough research from this studies on how to go about the whole issue and enforce it.

Implementation

This will be implemented through series of training as mention above and enforced in the organization policies by the board of directors. After the implementation of this ethical codes that are essential in this organization which has been facing discriminatory law suit, this will help reduce because of the nature of the codes ideology.

Enforcing Code of Ethic

This will be enforced in the organization protocols and policies that are in the doctrines that governs the rights of employment and the rights of customers. This will be enforced in this system by the board of directors who will have to have undergone the training themselves and come up with best business ethics relevant to the code of ethics.

Mission Statement

The organization through embracing this code of ethics through training to all the staff is mainly pioneered to generate good business ethic and morals between the employer and employees, by improving the co-relation and enabling of making sound judgment on situation that need urgent attention, improving the quality of services and goods provision and creating a better working environ with the customers, fellow staff and the environment surrounding this organization.

References

Schmincke, D. (2004). The Code of the Executive: Forty-Seven Ancient Samurai Principles Essential for Twenty-First Century Leadership Success. New York: Plume Publishing

Ward, G. (2001). Developing and Enforcing a Code of Business Ethics. Keel Hunt: Pilot Books