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  • Essay / The Importance of a Global Code of Conduct - 1046

    Week 11 Final Assessment It is very important for every business to have a global code of conduct as it establishes a comprehensive ethical and behavioral guideline on decisions that the organization takes in its daily activities. A global code of conduct ensures that all standards within the organization are high to conduct effective business in a manner that is both legal and ethical. All employees of the organization are required to comply with all guidelines and policies set out in the Global Code of Conduct. The Global Code of Conduct gives the organization the opportunity to make it extremely clear to all its employees as well as stakeholders how the organization seeks to do business. The Global Code is one of the most important keys to being able to adopt ethical communication within your organization. This code should focus more on the value system used by the global company rather than how employees act within the laws of their local jurisdiction. The code must also include all business sectors, employees and departments. Although it can be very difficult to cover all aspects on a global level, you should try to add different sections that cover all the different jurisdictions related to local subsidiaries. Most importantly, organizations must understand that the code must be updated over time and that employees must always be informed when changes are made to the code. Along with all of this, some of the things I would also include in my organization's global code of conduct would be: • Alcohol and drug abuse • Compliance with company rules • Conflicts of interest • Dress code • Harassment and intimidation • Social responsibility. ..... middle of paper ...... business deal, hiring, promotion, suppliers and even types of investments. These types of close relationships can interfere with an employee's judgment, cause morale issues among employees, and most of the time even lead to conflicts of interest or sexual harassment within the organization. These types of relationships can have a negative impact on the organization as a whole and can also affect all employees around it. In order for organizations to avoid and prevent these types of problems and maintain a positive work environment for all their employees, they must have a human resources department that handles these types of problems. If this were to occur within an organization, it should be brought to the attention of the human resources representative and the organization could therefore take appropriate action to handle the situation..