Monitoring:
Every established organization that wants to be ethically conditioned must have ground rules for operation and maintain certain monitoring standards. In a place where such does not exist, reckless lifestyle will become the order of the day in management and accountability will not be fostered. This assertion becomes so increasingly difficult when a company operates overseas. There can confusion as to the legal code upon which the company should operate. Should it operate by the code of conduct at its main station in its homeland or form a new rule that will be relevant at the foreign country.
Either way, ethics must be sustained or compliance must be appropriated if a company will maintain its ethical standards. This is easy in situation where there is “a relatively straightforward task for businesses to agree upon…These legal principles become the blueprints as a company develops, implements, and assesses its ethics and compliance program. However, where the standards are not clear…it is more difficult to articulate baseline standards. ” (Dubinsky & Richter). But many companies do better where there is a clear standard for measuring the standards of the organization.
The company that I am writing about has a way of monitoring ethics and integrity in the organization. This is done through several standardized channels put in place through the organizational structure.
First, the company makes the use of the global international benchmark as a tool for providing necessary blueprint on which to live by. These benchmarks “presents a set of universal standards that describe what it takes for an ethics and compliance program to be effective and successful. This benchmarking tool, … permits organizations to review and evaluate what they are currently doing in terms of ethics and integrity...These benchmarks have worldwide and