Structural Behavioral and Organizational Ethics
Organizations want to implement structural behavior and organizational ethics in their organization. They use certain models to implement their ethics to have an effective, honest relationship with their consumers and to improve their organization's performance. The two measuring models that will be analyzed are triple bottom line (TBL) and balance scorecard (BSC).
TBL provides a perspective that takes into account the social, environmental, and financial impacts of decisions made within an organization (Ferrell, Fraedrich & Ferrell, 2013). Also, TBL measures the organizations, economic value and the success of their organization TBL is one way for defining corporate social responsibility. A concept for companies to integrate their social and environmental concerns.
It shifts to ethical stances that recognize the rights of stakeholders, encourage cooperation between corporations and their stakeholders, and ensure the accurate and timely disclosure of all material issues (Manikas & Godfrey, 2011). TBL economic measures the cash flow of the organization. The environmental measures how and what extent the organization projects will have on the environment. Although, it also includes measurements of education, access to social resources,, quality of life, and social capital (Slaper, nd).
Organizations have an obligation to their stakeholders to be ethical and responsible. The balanced scorecard (BSC) is a management system that focuses on all the elements that contribute to organizational performance and success, including financial, customer, market and internal processes (Ferrell et al, 2013). BSC also keeps the organization aligned with their strategic goals. For example, BSC enhances the ethical and organizational performance. It aligns organization's activities to the vision and strategy of the organization. It improves communication internal and external while monitoring their performance against strategic goals (What Is, 2014).
The BSC is a strategic management system involving strategic goal setting, performance reports across four perspectives: financial, customer, internal business processes, learning and growth (Iselin, Mia & Sands, 2008). Organization's want to make sure they are meeting their customer's needs by implementing the BSC model. Organizations look into their internal organization perspective which gives them the satisfaction that they know how their customers see them. BSC enhances their ethics, and organizations look for ways to improve and create a more value for their business. In addition, they want to make sure they look good to government officials and their stakeholders.
These two models can help organizations to enhance their ethical practices and their organization's performances. They can help organizations' management make better ethical decisions within their organization. TBL and BSC can structure organizations to be more clear of their responsibility, corporate ethical codes to reinforce employees ethical behavior (DeGeorge, 2014). In addition, stakeholders want to feel confident that their organization is operating without causing harm to others and is not engaged in fraud or ethical misconduct (Mayrbear's, 2013). Again, these two models can keep organizations honest and trustworthy to please the public, the environment and shareholder.
TBL can integrate into the organization when organizations give back to their community where they do business. Help their community to prosper and grow with programs that will benefit the community. TBL and BSC also can be integrated into the organization's business ethical programs to set the organization's ethical standards. BSC a management system can be used to set the organization's goals and contribute to their performance and success (Ferrell et al, 2013). TBL provides the perspective of the financial impacts of decisions made within the organization (Ferrell et al,
