Ethical Leadership – C206 Task 2.docx

Medias purpose is to inform the general public of how

Info icon This preview shows pages 2–4. Sign up to view the full content.

media’s purpose is to inform the general public of how well or bad companies like Paradigm Toys are meeting social responsibilities. If they can report on projects that the company is participating in to help heal the earth then they feel they are broadcasting a worthwhile business. B1. IMPORTANCE OF ETHICAL CULTURE A business without an ethical culture is like a body without a soul. Without it the business cannot stay alive. One specific reason why it is important is that it helps create an atmosphere built around trust- trust with the employees and the customers. Lacking ethics in the workplace will provide a path for employees and CEO’s to cut corners and sometimes even take advantage of their peers and customers. The slippery slope of the
Image of page 2

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

ethical dilemma also makes it harder to return to a culture of trust and honesty when it was never developed in the first place. B1A. FOSTERING ETHICAL CULTURE Fostering an ethical culture begins at the top of the food chain of a business. The role that Paradigm’s leadership can play is crucial to fostering an ethical culture. Leaders are called leaders for a reason; their employees look up to them. If leaders start acting in ways that are ethically sound then the rest will follow suit. It is easy to talk about being ethical but how they act can speak volumes towards the adopted culture at the company. Their role as ethical role models is the foundational attitude of the group. B2. ETHICS AUDIT An ethics audit begins as procedure designed to gather information regarding the companies past ethical incidences. This involves analyzing the companies work policies and human resource department with the events that occurred surrounding ethical dilemmas. Once the information has been collected, compared, and analyzed, the data is used to determine what areas the company can improve on. After that is decided then the company agrees on the right actions needed to implement the improvements. B2A. VALUE OF AN ETHICS AUDIT An ethics audit can provide a solid precaution that enables Paradigm Toys to stay on track ethically and at the same time prepare for the future. The value of a ethics audit is difficult to put a dollar amount since it can prevent so many unwanted costs.
Image of page 3
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern