Where Ethics Matter
Ethics are the principles and values an individual uses to govern his activities and decisions. At SBR a code of ethics is a set of principles that guide us in its programs, policies and decisions for the business. The ethical philosophy SBR uses to conduct business can affect the reputation, productivity and bottom line of the business.
The ethics that leaders at SBR use to manage employees may have an effect on their morale and loyalty. The code of ethics leaders use determines discipline procedures and the acceptable behaviour for all employees at SBR. When leaders have high ethical standards, it encourages employees in the organization to meet that same level. Ethical leadership also enhances the company's reputation in the financial market and community. Thus a solid reputation for ethics and integrity in the community has helped us tremendously to improve SBR's business.
Ethical behaviour among employees at SBR ensures that employees complete work with honesty and integrity. Employees who use ethics to guide their behavior adhere to employee policies and rules while striving to meet the goals of the organization. Ethical employees also meet standards for quality in their work, which can enhance the SBR's reputation for quality products and service.
Ethical Organizational Culture
Leaders and employees adhering to a code of ethics create an ethical organizational culture at SBR. The leaders of a business may create an ethical culture by exhibiting the type of behaviour they'd like to see in employees. The organization can reinforce ethical behaviour by rewarding employees who exhibit the values and integrity that coincides with the company code of ethics and disciplining those who make the wrong choices.
Benefits to the Organization
A positive and healthy corporate culture improves the morale among employees at SBR. This has worked as stimuli in increasing productivity and employee retention. This, in turn, has financial benefits for SBR. Higher levels of productivity have improved the efficiency in the company, while increasing employee retention reduces the cost of replacing employees. This internal ethical environment in totality has got an identical reflection when it comes to services to the customers.