Code of ethics and strategic thinking in the workplace
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1. Do most companies have and enforce a code of ethics? Explain why or why not?
2. Why is strategic thinking critical to current and future success in the workplace?
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Solution Summary
The solution contains two essays dealing with each of the questions. I treat them separately. My focus is on the "big picture."
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1. Do most companies have and enforce a code of ethics? Explain why or why not?
Response: It has been my experience that smaller companies typically do not have a code of ethics. Generally, the track record for larger companies has been somewhat better. Certain schools, particularly private schools, and some universities have been known to have a code of ethics as well.
I worked at a liberal arts university in Texas a number of years ago. It was a Christian university. They had a code of ethics for both their students and their staff (including faculty). This is the only time I have been employed and bound by a code of ethics.
I believe that the real reason why most companies do not have one is neglect. Most companies are too busy trying to survive in the global marketplace to take time out and develop a code of ethics. The short-term thinking of a typical executive goes something like this: Why should I assign some of my staff (or better, me) to develop a code of ethics when I need my staff to work on sales, ...
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