Introduction
Jenny E. Grigoropoulosi, in the Article Ethics in Organizations in the twenty-first century, presents the effects of ethical behavior on organizational performance. This article explores these using theoretical frameworks from various disciplines, including business, psychology, and sociology, as well as empirical data. The piece also reviews the literature to identify the variables that affect ethical decision-making and organizational culture’s role in establishing ethical norms and values. Grigoropoulosi offers insight into how businesses can build moral and productive work cultures by considering how ethical behavior affects company success.
Aim of the article
Grigoropoulosi’s article explores the idea of moral management, moral decision-making, and the part that business responsibility plays in moral operations. She also considers many reasons for solving business problems when applying ethical standards.
Summary of the article
In this academic research, Grigoropoulosi investigates the function of ethics in organizations in the twenty-first century. According to Grigoropoulosi, organizations in the twenty-first century need to think about how moral ideals could influence and guide their decisions. She considers that moral considerations could give companies a competitive edge in gaining the public’s trust. The various moral decisions that can be made in working situations are then covered by Grigoropoulosi—some of the ethical ramifications of technology, conducting business overseas, and corporate social responsibility.
She contends that companies should apply their ethical standards to every facet of their operations, from employment to customer service. Last, Grigoropoulosi evaluates the importance of an ethical workplace culture and enumerates the benefits such a culture may provide firms.
Grigoropoulosi’s intriguing claim is that ethical issues are now crucial to enterprises in the twenty-first century. The Article thoroughly studies the numerous ethical considerations that corporations must make to create a case for why these problems should be considered when making decisions generally. The study places a lot of emphasis on the necessity of developing a strong ethical culture within firms and the following benefits.
Key Ideas in the Article
The most significant takeaway from this Article is that, despite firms’ increased sophistication, ethical issues still significantly impact them in the twenty-first century. The Article discusses contemporary business issues, such as globalization, technological advancements, and shifting societal norms. Grigoropoulosi. (2019) also argues that companies should adopt an all-encompassing ethical position, extending beyond conventional moral principles to consider the potential impact on clients, the environment, and the community. According to the Article, management should try to develop the company’s code of conduct, and firms should support a culture at work that encourages individuals to act morally.
In the rapidly evolving economic environment of the twenty-first century, businesses must uphold and communicate their moral principles to all employees and be ready for any potential ethical problems. Grigoropoulosi highlights the significance of moral teaching, instruction, and monitoring to ensure that workers and other staff understand the value of ethics and can uphold them. The Article ends by outlining the key components that make it crucial for firms to establish an institutional framework for ethics that encourages moral behavior and deters criminal behavior in their business practices.
Strong claims in the Article
Grigoropoulosi (2019) makes several compelling claims for the value of ethics in businesses in the twenty-first century. The first plausible reason is that companies should develop moral cultures that motivate staff members to act appropriately toward one another. Grigoropoulosi claims that creating a culture of ethics in the workplace helps ensure that employees are treated fairly, and their rights are protected. She also argues that ethical cultures lead to greater client satisfaction, higher productivity, increased innovation, and decreased employee turnover. The author asserts that ethical organizations have a beneficial ripple effect on neighborhoods. They operate because they are more likely to be accountable to society. The author concludes that moral businesses face corrosion due to a lack of ethical standards.
Possible Contradiction and Gaps in the Article
Grigoropoulosi, in her study, presents a distinctive viewpoint on how ethics are used in business today. She does, however, make several severe mistakes and logical errors. For instance, she asserts that ethical behavior is more important than ever in the twenty-first century, yet she provides little evidence to support this claim. The study omits to discuss how companies might promote moral behavior or ensure that their employees keep these standards. Further, Grigoropoulosi must provide solid proof or arguments to support the assertion that upholding ethical values constitutes a prerequisite to succeeding in the modern era. She provides a few examples of ethical business conduct but offers no research or data on the positive effects of moral behavior on businesses.
Whether there any Questions left Unanswered by the author
The Article clarifies the fundamental moral ideas that organizations should comprehend, such as the significance of putting ethical practices in place to protect stakeholders’ needs and guarantee organizations are acting honestly. It also thoroughly analyzes the ethical frameworks businesses could employ to guide their moral judgments. The importance of moral behavior is emphasized in the Article’s conclusion, along with any benefits companies may earn from it. Even if the author has summarized the significance of ethics in businesses in the twenty-first century, several questions still need to be answered. For instance, the Article does not discuss how businesses may guarantee that their workers are aware of and observe ethical standards, nor does it give concrete instances of ethical issues that corporations should be aware of. Additionally, the text does not mention monitoring or upholding an organization’s ethical standards. These still need to be resolved, so the author must do more research.
The Organizations Implications
The research carried out by Grigoropoulosi clarifies the significance of moral behavior in a corporation. Grigoropoulosi’s argument emphasizes how crucial it is for companies to set up complete ethical frameworks and invest in ethical education and training. As a result of such actions, businesses will find it easier to uphold moral standards, and workers will recognize the importance of moral behavior. The Article’s suggestions could assist businesses in building a solid local reputation and luring more devoted clients.
Conclusion
In conclusion, Grigoropoulosi’s Article thoroughly assesses the significance of moral conduct in businesses in the twenty-first century. The points made in the Article show that ethical acting is not simply a moral requirement but also a strategic requirement for corporations. The Article offers insightful advice on how businesses might promote moral conduct and develop a lucrative business strategy. Organizations will continue to face unheard-of ethical issues; thus, the value of acting will only grow.
Reference
Grigoropoulosi, J. E. (2019). The Role of Ethics in 21st Century Organizations. International Journal of Progressive Education, 15(2), 167-175.
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