Like all business practices, Ethics are dynamic in nature too and there have been recent ethical developments for corporates and NFPs. This course gives an insightful description of recent ethical developments and the new era of ethics. This training applies to individual professionals, mega corporations, nonprofits, educational institutions, and government agencies..
You learn how to predict ethical lapses as organizations begin to measure different things and people will have a strong incentive to report inaccurate and more positive information than is true. You also learn how the entire field of ethics is expanding to include violations of regulations, treating employees and customers badly, covering up material information, restating accounting results, and how this expanded view of ethics is raising the costs to those who participate in unethical behavior. Also, you learn of new systems supported by artificial intelligence that will uncover and help prosecute unethical behavior in ways that were not possible just a few years ago.
This course also discusses the role of Chief Ethics Officer, Codes of Ethics, and the Foreign Corrupt Practices Act, and other key ethical development in the expanding field of ethics.
Learning Objectives
- Explore how the field and enforcement of ethics is changing.
- Identify how the penalties for ethical violations is increasing.
- Discover how important an organization’s reputation is in its ability to create shareholder value in the for profit world and raise money in the nonprofit world.
- Recognize what are well established ethical standards and be able to identify when they are being violated.
- Discover what you can do to report unethical behavior in your organization.
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Prerequisites
No advanced preparation or prerequisites are required for this course.