Lesson 3 - Code of Ethics

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Presentation by Team Holistic Approach

The Code of
Ethics: for Modern Times
The Moral Compass

Reven Silva Yeomina Veile Horca Sharon Jhudel Tuyor Fatima Viernes
Overview
01 Introduction to Ethical Code
02 The Purpose of Ethical Codes
03 Key Elements of Ethical Code
04 Implementing Ethical Codes
05 Challenges of Ethical Codes
06 Conclusion
Introduction to Ethical Code
An ethical code or code of ethics is a set of
guidelines that outlines acceptable behavior within
an organization or profession. These codes are
designed to ensure that individuals act with
integrity and make decisions that are in the best
interest of stakeholders.
Purpose o f Ethical Codes
Ethical codes serve several purposes, including
providing guidance for decision-making,
establishing standards of conduct, and promoting
accountability. They also help to build trust and
credibility with stakeholders, as well as protect
against legal liability and reputational damage.
Key Elements o f Ethical Codes
Ethical codes typically include key elements such
as honesty, integrity, respect, fairness, and
responsibility. They may also address specific
issues such as conflicts of interest, confidentiality,
and discrimination.
Implementing Ethical Codes
To be effective, ethical codes must be communicated
clearly and consistently to all stakeholders, and
reinforced through training and education. Organizations
should also establish mechanisms for reporting and
addressing violations of the code, and regularly review
and update it to reflect changing circumstances.
Challenges o f Ethical Codes
Despite their importance, ethical codes can be
challenging to implement and enforce, particularly in
complex or rapidly changing environments. There may
also be cultural or individual differences in how ethical
principles are understood and applied, which can lead to
conflicts and misunderstandings.
Conclusion
Ethical codes play a vital role in promoting ethical behavior and
ensuring accountability in organizations and professions. While
they can be challenging to implement and enforce, theyprovide
a framework for making decisions that are in the best interest of
stakeholders and society as a whole.

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