With the ethical line becoming increasingly blurred in the corporate world, many executives are finding themselves faced with difficult decisions. While some people might be tempted to take advantage of situations for personal gain, ethics training can help executives make better decisions that will benefit them and their company in the long run. In this blog post, we’ll go over what you need to know about ethics training and why it’s important for your business.
What is ethics training?
Ethics training is a process that helps individuals learn about and understand the ethical principles that apply to them in their professional lives. It can help executives make better decisions by providing them with a framework for thinking about ethical issues. Effective ethics training is more than a “check-the-box” approach. Rather, when ethics training works it helps people understand the subconscious reasons we make poor choices and how to correct that behavior.
Why is it important?
Executives face difficult ethical decisions on a daily basis. Some of these decisions can have a major impact on the company, such as when an executive is faced with the decision to commit corporate fraud. Ethics training can help executives make better decisions by providing them with a framework for thinking about ethical issues. In addition, ethics training can create a legal defense for executive management when an employee makes an unethical choice that has corporate legal consequences.
How can you make it work?
It’s important to note that ethics training alone is not enough. It must be part of a larger plan for ethical conduct at your company, or else it won’t have the desired impact on behavior. To create an effective program experts recommend addressing three key components: understanding concepts of right and wrong; knowing what motivates behavior and how to recognize unwanted behavior and correct it.
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