“Since the early 1990s, large U.S. corporations have adopted corporate codes of conduct. It is unclear, however, whether these self-imposed ethical protocols are anything more than publicity gold, with no legal efficacy.”(Revak, 2012, p.1645). With companies adopt corporate codes of conduct; they require their employees and suppliers to follow these codes and the standards that are set in the company guidelines. In order to succeed the company needs to analyze the ethical challenges that companies face to determine what changes need to be made in order to prevent ethical issues in the future.
Briefly describe your company and then benchmark the codes ...view middle of the document...
Target is another large retailer that has recently joined the supermarket industry. Like Wal-Mart Target has locations all over the world and it is vital that they Target implements strong codes of conduct for their employees to adhere to. “Target Corporation is committed to conducting business lawfully and ethically. Every team member is obligated to act at all times with honesty and integrity. We expect you to bring good judgment and a sense of integrity to your business decisions” (Target Corporation, 2011). It is very rare to hear of ethical issues throughout the Target Corp. One can either assume it is because they are good with keeping the issues away from the media, or it could because Target is good at enforcing their codes of conducts on their employees. By having their main code be “act at all times with honesty and integrity” it shows that they are focused on the golden rule “treat others as you want to be treated”. When shopping at Target you will always have a sense that the employees are honest and friendly making this a good place to work and shop.
As the market came to a halt over the past few years and companies were closing, Kroger’s business was at an all-time high. With over 90 billion dollars in sales in 2012 Kroger strives on success. Their code of conduct needs to be strong like their sales in order to continue to grow at the pace they are wanting. “The Kroger Co. has established a strong reputation for integrity in our business. Our core values are: Honesty, respect, inclusion, diversity, safety and integrity” (Dillon, 2006, p.12) Kroger ensures that all employees go through ethics training once a year in order to reiterate their code of conduct. Kroger’s code of conduct does not only cover a lot of aspects of their goals but making sure they have their employees retrain each year is a great way to guarantee that their employees do not forget the rules.
Analyze ways ethical challenges affect your business and create a code of conduct for your company. Provide a rationale on how these specific codes enhance your company’s ethics program.
Any company owner can easily see that having a business can be difficult. There are a lot of ethical challenges that owners face; the biggest challenge is honesty. Owning my own supermarket is difficult, as an owner you are required to automatically trust those you hire. As people are faced with temptation on a daily basis, teaching my employees to avoid these temptations may be hard. When interviewing a candidate we need to base an opinion of them in a short period of time. Though our judgment may be good in some cases we may face the challenge of people stealing from us.
After analyzing my competitor’s codes of conduct were it is easy for me to determine what is most important when writing Winn-Dixie’s code of conduct. My first code of conduct is: treat others as you want to be treated. If my employees are treated with respect then they should respect other...