Conflict of interest – Every manager within the company shall act in the best interest of the company and all other conflicts of interests avoided. The code of ethics looks at cases where managers might have conflicting interests with the ones that they are assigned to as managers. Managers are to ensure that they perform their duties to the later within the company that they serve and avoid any situations that will compromise their center of focus (Bryson, 2016).
Internal relations – The sections looks at the relations between the company and its managers in terms of expectations from the employees and obligations bestowed to the company. The company values its employees as important to success of the company thus expect the best standard of professional and ethical conduct for achieving better results. The company is committed at conducting its operations without any influence of bribes and corruption (Bryson & Alston, 2011).
Use of resources – The Company has put trust on its managers and provides them with all the necessary resources that they require. It is important for the managers to use the resources in the best possible ways to achieve the set goals and objectives by the company. All employees are responsible in protecting the company assets and values thus the task should be taken as a collective responsibility (Bryson & Alston, 2011).
Efficiency and profitability – Goals set and targets will be achieved if every manager within the company performs efficiently. Every manager should set his/her ambitions and goals and strive to achieve them and surpass them. With such a spirit, the company goal of profitability will be reached through the efficiency within the management (Bryson & Alston, 2011).
Health, safety and the environment – All the company managers are responsible for providing a safe working environment to the employees and protecting the environment that the company may create in terms of hazards. The company values the human life more than the monetary results that come out of the human lives (Bryson, 2016).
Confidentiality – The company managers bare a responsibility to ensure that there is strict confidentiality of information about the company. All information with regards to company profits, suppliers, joint ventures, or customers is to be kept confidential. The managers are also to ensure that all the staff members below them uphold utmost confidentiality of information (Bryson & Alston, 2011).
Fair dealing – All the managers of the company are supposed to ensure that there is fear dealings while dealing with all company stakeholders. The company prohibits any misrepresentation of material facts that will help the company gain a competitive advantage over others through unethical business practices (Bryson, 2016).
Corporate opportunities – All the managers are prohibited from taking on business opportunities that they have discovered through the company property, position held or information from the company. Taking on such opportunities will mean provision of direct competition to the company that the managers serve (Bryson, 2016).
Reporting and accountability – The managers of the company are all accountable to the code of ethics and are supposed to take it upon themselves to report cases or take actions on cases that violate the code of ethics (Bryson & Alston, 2011).
Compliance – Every manager is entitled to compliance to any rules and regulations. Managers should take it upon themselves to perform their duties within the set rules and regulations of the company. The managers should report any illegal dealings with regards to the company securities or any other breach to the set rules and regulations to the company legal department.
Disclosure – Every manager has a duty to familiarize with the disclosure agreements with regards to the financial or business operations of the company. Additionally, the managers owe the company a duty to avoiding misrepresentation of company information with or outside the company even if the information provided is to the auditors or insider trading (Bryson & Alston, 2011).
Honest and Ethical conduct – Each company manager is required to act in an honest and ethical manner which promotes company integrity. Ethics include avoiding all conflicts of interests pertaining personal or professional relations within the company (Bryson, 2016).
Violence – The company managers are responsible to the company in ensuring that there are no cases of physical violence or abuse within the company. Cases of abuse and harassment may occur without the knowledge of the authorities thus deterring the growth of the company. The managers are highly authorized to act against any cases that promote violence and involve government authorities if there is need (Bryson & Alston, 2011).
Racism and discrimination – Managers have a responsibility to ensure that there are no cases of racial or ethnical discrimination among company employees. All the employees are supposed to work together as one family to increase productivity. Managers are bare the responsibility to prevent any cases of violence and discrimination within the company (Bryson & Alston, 2011).
Gender equality – The managers have the responsibility to ensure that there is gender balance in the employee structure of the company. Gender balance is important in ensuring that employees are equally treated regardless of their sex. Managers have to ensure that there is a quota ratio maintained between women and men in the company (Bryson, 2016).
References
Bryson, J. M. (2016). Strategic Planning for Public and Nonprofit Organizations: A Guide to Strengthening and Sustaining Organizational Achievement. San Francisco, CA: John Wiley.
Bryson, J. M., & Alston, F. K. (2011). Creating your strategic plan: A workbook for public and nonprofit organizations. San Francisco: Jossey-Bass.