Moral values and ethics in organization

Moral values and ethics play a vital role in the successful functioning of organizations. They contribute a framework for guide behavior, decision-making, and contribute to the overall culture of an organization. Here are some key aspects of moral values and ethics in organizations:

1. Integrity: Integrity and harmony among the coo workers and the organization or employer- employee relations nurture a smooth atmosphere.
2. Respect for Individuals: Organization along with the employee must ensure the inter personal respect among each other which will enrich the harmony and personal space and freedom for an individual.
3. Fairness and Justice:  For justified and fair atmosphere in an organization, it’s important to treat all the employees with fair compensation, equal opportunities, and impartiality in decision-making processes. Objective treatment along with unbiased behavior of an employer is essential for building trust within the organization.
4. Responsibility and Accountability: Taking responsibility of the actions and stake holder decisions is a part of ethical behavior. All the organizations for promoting itself in a global level must ensure the same.
5. Code of Ethics: A formal code of ethics that outlines the principles and values must be established to follow by both employer and employees. This forms a guide for ethical decision-making and behavior.
6. Continuous Improvement: An ethical organization is committed for continuous improvement. They regularly evaluate their ethical practices, seek feedback from stakeholders and employees, and make adjustments to enhance their ethical performance over time. This serves as the benchmark for raising the standard of an organization in the market which will further increase its value globally by passing time.