TD Magazine Article
Member Benefit
Fri Aug 01 2003
Print, post, and pray just won't make it anymore regarding ethics codes. An ethics architecture is needed. As businesses scramble to check their ethics' pulse, they have begun enforcement crusades by revisiting current regulations, such as the 1991 U.S. Federal Sentencing Guidelines, and they've rushed to comply with new laws such as the Sarbanes-Oxley Act of 2002. Several organizational ethics standards that training professionals can use include two international standards for corporate ethics. Terrorist attacks on the World Trade Centers, the Pentagon, Bali, in the Middle East, and elsewhere have transformed the sociopolitical arena. The collapse of Enron, WorldCom, and other corporate giants has shaken the U.S. economy. Even the sacred world is on tremulous ground. Wrong doings by religious figures amount to a moral lapse among the world's faiths. Many companies have seized the opportunity to reinforce their corporate values, culture, and climate and focused a laser beam on ethics. Functions other than training certainly contribute to an ethical climate, but it's increasingly obvious that lapses in ethical judgment, well illustrated by Enron, resulted, in part or perhaps largely, from poorly designed or implemented people development systems such as rewards, communications, hiring, leadership development.
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ISSUE
New World Ethics
New World Ethics