Business And Ethics
Making sure our employees including directors and business partners have the right mindset and know the rules is a key part of ethical business practices for Coloplast. Coloplast has implemented a standardized ‘Due Diligence Process’ for retaining and conducting business with our distributors. To ensure that there is no interruption in supplies and services, these LCEs require that their supply chains adopt the same good management practices that they follow, including a business ethics program.
Phillips, R. & J.D. Margolis, 1999, Toward an Ethics of Organizations”, Business Ethics Quarterly, 9(4): 619-638. The author signs for and accepts responsibility for releasing this material on behalf of any and all co-authors. Systemic issues deal with economic, political, legal, and other related systems within which production and distribution activities are carried out.
It can sometimes be more difficult for an outsider to achieve credibility in the ethics or compliance role. Sustainability applies to utilitarianism and Christian ethics particularly well. Always remember that when it comes to business ethics, what matters is not what makes you proud.
Ethics training should be incorporated into leadership development and other programs so that it becomes integrated more fully into the culture of the organization. This might explain their inability to act as a role model to the business communities they are serving.
McCall, J.J. & P.H. Werhane, 2010, Employment at Will and Employee Rights”, in G.G. Brenkert & T. L. Beauchamp (eds.), Oxford Handbook of Business Ethics, New York: Oxford University Press, pp. 602-627. You need to be flexible in order for your business to become more responsive to the needs of the times.