Question

a. Explain the key steps that need to be considered in implementing an effective ethics program into a company or organisation.

Answer 1

Ethics refer to the principles which are responsible for a person's behavior. They are of utmost importance in a professional environment. The key steps to be considered in implementing an effective ethics program into a company or an organization are mentioned below:

- The expectations from the ethics program implementation should be clearly communicated to the employees.

- The ethics program should be designed taking into account its suitability for the organization.

- The program should be easily understandable and implementable.

- Any interpretative issues should be immediately addressed.

- The penalties in case of not complying with the ethics program should be made clear.