Elements that factors into every aspect of management, from founding statements
Scenario
Ethics is one of those elements that factors into every aspect of management, from founding statements—for example, vision, mission and values—to culture, leadership and management. In fact, Sun City Board’s CEO Tom Wilson has decided that it is critical for the company’s brand and risk management as they build their business online and internationally. Tom has asked you to draft a code of ethics for discussion.
For Discussion
As preparation for this discussion, conduct additional research on how to write a code of ethics. You can use any credible source for structure and components. One possibility is Deloitte’s Suggested Guidelines for Writing a Code of Ethics/Conduct.
Reflect on what you learned in this module and your supplemental research and propose a Code of Ethics for Sun City Boards.
Code of Ethics for Sun City Boards
Introduction
Sun City Boards is committed to conducting its business in an ethical and responsible manner. This Code of Ethics sets forth the core values and principles that guide our behavior in all aspects of our operations. We expect all employees, directors, and other representatives of Sun City Boards to adhere to this Code of Ethics.
Core Values
Sun City Boards is founded on the following core values:
- Honesty and integrity: We are honest and truthful in our dealings with all stakeholders. We act with integrity and uphold the highest ethical standards.
- Respect: We treat all stakeholders with respect, regardless of their position, background, or beliefs. We value diversity and inclusion, and we create a workplace where everyone feels safe and welcome.
- Responsibility: We take responsibility for our actions and decisions. We are committed to sustainability and social responsibility.
- Excellence: We strive for excellence in everything we do. We are committed to providing our customers with high-quality products and services.
- Compliance with laws and regulations: We comply with all applicable laws and regulations in the jurisdictions where we operate.
- Fair dealing: We treat all stakeholders in a fair and equitable manner. We avoid conflicts of interest and disclose any potential conflicts to our manager.
- Confidentiality: We maintain the confidentiality of all confidential information, including customer information, trade secrets, and proprietary information.
- Use of company assets: We use company assets responsibly and for legitimate business purposes. We avoid personal use of company assets and opportunities.
- Reporting unethical conduct: We report any unethical conduct that we observe to our manager or other appropriate person.
- Gifts and gratuities: We do not accept or offer gifts or gratuities that could influence our business decisions or create a conflict of interest.
- Political activity: We do not engage in political activity on behalf of Sun City Boards or use company resources for political purposes.
- Insider trading: We do not trade on insider information or tip others to do so.
- Anti-corruption: We comply with all applicable anti-corruption laws and regulations.
- Environmental protection: We are committed to protecting the environment and reducing our environmental impact.
- Human rights: We respect human rights and labor standards in all aspects of our operations.
- Online privacy and security: We respect the privacy of our customers and online visitors. We take steps to protect their personal information and to prevent unauthorized access to our systems and networks.
- International trade compliance: We comply with all applicable international trade laws and regulations.
- Cultural sensitivity: We are respectful of the cultural differences of our customers and employees around the world. We avoid making discriminatory or offensive statements or engaging in discriminatory or offensive behavior.