Ethical incident 2
Culture ethics in an organization is a crucial aspect. Ethics is the laid down rules that govern the operation of the company. Ethics guides the reputation of the organization and its employees. The way the public views an organization is dependent on how they present their ethics to the outside world (Mele, 2011). The top management should do all it takes to ensure the reputation of the organization is maintained.
Company X is a very sensitive organization because it deals with medical devices. Thus, they must maintain high ethical standards. Inventory management and control should be an issue that should be dealt with seriously by the management. That is why the exposure of Tom’s case to the public, would strike the company’s profits because people would lose faith in it.
In every company, there are competitors who always look for a downfall in the other company so that they can take over their position. Thus, presenting the issue to the public would have legal implications that would adversely affect the profitability in an organization (Mele, 2011). Such issues are supposed to be dealt with inwardly to safeguard the reputation of the organization and the individual in this case company X and Tom.
Evidently, ethical behavior in an organization is important for healthy management in an organization. Behaving ethically for the employees is an integral part in an organization. For long time success of an organization, there is a need for good ethical standards. Good records in the organization should be kept, and every employee should respect ethics of the organization to ensure that the goals in the organization are met. The company should also show respect to the members of the community.
References
Melé, D. (2011). Management ethics: Placing ethics at the core of good management. Basingstoke: Palgrave Macmillan.
