Ethics can be defined as the moral principles that govern or influence the conduct of an individual or a company. It can also be defined as a branch of knowledge that is concerned with moral principles. Most of the procurement related principles such the principle of fairness, integrity and openness are based on ethics. Professional standards of ethical conduct in all the organizations contain characteristics such as respect for the job being a responsible staffer and one who is ready to work hard to produce results.
The four steps to achieving our beliefs on ethics
The first step is having respect, taking responsibility and producing results. Delivering what we are supposed to deliver within stipulated timeline, practicing the art of being respectful for other people and our jobs and conducting ourselves in the most distinguished and responsible manner are the fundamental building blocks of a successful career or business strategy. In the advent of complex business dealings such procurement upholding the commitment to a value system helps realize tremendous benefits to both the business and employees.
The second step is saying no with a tact. First, what is tact? Tact is the ability to tell the truth in way that is considerate about others reactions and feelings.. Saying no to unethical behaviors requires among others thing emotional intelligence, discretion, respect, compassion and subtle diplomacy coupled with courtesy. Developing a strong tact on how to handle unethical situations is quite important and helps ensure excellent business environment especially in the area of procurement.
The third step is being able to manage conflicting rights. One way of managing conflicting rights is by use of consequentialism theory. Another approach would be looking at duties and principles. And finally, considering the virtue of ethics, integrity. The procurement process could make gain significant millage if such practices as followed.
The last step is walking the talk when it comes to ethical issues. A great way to ensure that the value system is upheld across an organization is walking the talk is of particular importance. People will learn from making observation of their leaders and if they uphold the values most certainly the employees will.