Thursday, September 12, 2019

Personal ethics action plan Essay Example | Topics and Well Written Essays - 2000 words

Personal ethics action plan - Essay Example The individual needs to involve ethics in his day to day operation to provide rational and ethical perspective to any prevailing situation. Leadership Leadership can be comprehended as the method of influencing a group by the individual to accomplish common goals. An individual leader needs to recognize the core values. He also needs to have the audacity to live them throughout the life in the service of common good. This is known as personal leadership. Character ‘Character’ in simpler terms can be comprehended as the numerous actions taken by the individual. The actions are thus taken for the purpose of carrying out the ethics, moral as well as values. It is to state that character may not be reflected in what is said by a person or in his intention to do something. It is reflected in what the individual does. Service Service can be explained as the action taken by a person for the purpose of helping someone. There is close relation between the service as well as leade rship. A leader is supposed to delegate the task to his followers and is also accountable for performing many other services. However, he also needs to assure that his followers are completing the task in an ethical manner for achieving the common goal of the organization. Section 2 Fraud Fraud is an ethical issue that impacts the success of the organizations as well as the leaders. The ethical decision is made when a person tends to recognize that a certain context has ethical components. One needs to develop ethical-issue awareness for the purpose of understanding the business ethics. It is the conflicts that give rise to the ethical issues. The conflicts may arise among the individuals’ personal moral ideologies as well as values, the values along with the culture in which they work in the organization and the society in which they live. It is to state that the ethical issues are problems, opportunities or situations requiring the individual, organization and the group to select among numerous actions that need to be assessed as right or incorrect along with ethical and unethical. It can be stated that if an individual involving himself in any kind of misleading and deceiving practices for the purpose of advancing his interest over those of the organization, then it that case they are charged of fraud. Fraud can be understood as the deliberate communication deceiving, concealing and manipulating the fact related to the organization for the purpose of creating a false notion. It is treated as a crime and thus a person fetched with it can be penalized such as imprisonment, fines or it may at times lead to both depending upon the severity of the case. The most common form of frauds as reported by the coworkers are shoplifting or stealing of the office supplies. It has been noted that in the modern times accounting fraud is more pronounced, and thus it has been an ethical issue. However, frauds are not limited to accounting. In the recent times, fraud ha s also been related to the consumers as well as marketing issues. Accounting fraud is becoming one of the serious issues in the corporate houses. It is the financial report of the corporation that helps the investors as well as the other related parties to make informed judgment regarding their deals. If this report or document is full

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