“Manifesto” Ethical principles for 21st century 1. In the current peri

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Dec 18, 2022


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Ethical principles for 21st century
1. In the current period, where everyone is self-centered and greedy, ethics appears to be a
top concern for the company. Since ethics will ultimately influence institutional culture in
an organization, it will also have an impact on decision-making.
2. For an organization existing in the 21st century, ethics is a priority. It is neither a luxury
nor an option to be considered. Our society is no more patient as it is turning selfish and
loaded with irresponsible actions. Ethical integrity is the demand of the hour.
To understand organizational ethics, the issue of responsibility is the foundation. As
irresponsible behavior is too common, it must be stated. People in today’s era are too
selfish and greedy that the person or leader within them loses perspective and rationalizes
unethical behaviors. But the good or the bad news is, that society is now more alert than
ever before to the ethical recklessness that benefits some while injuring others.
In America, people believe that more corporate executives should be fired as they fail to
consumer expectations of the future ethical behavior of businesses
A simple definition of ethics is a set of rules or principles that guides business practices
that reflects a concern for society as a whole while pursuing profits. This statement
indicates the growing impatience, selfishness, and irresponsibility of so many
organizations today.
Just like legal and moral responsibility, ethics also need to become an organizational
priority. The leaders of the organization hold a lot on their minds in a world of such high
competition. they must keep a record of rapid technological advancements, competitors’
products and services, the effects of globalization, and opportunities and threats within
their industry, in order to have great look at the mission, vision, values, culture, strategy,
and goals of their organizations. In between all these complex situations, it is not that
easy to find room for an organization to hold another major priority other than ethics.
3. Honesty, integrity, fairness, and loyalty are some ethical principles that form the ethical
code of conduct of a person. All these principles are the need of the hour and a person
should follow them in order to survive in the organization.


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