Really? Whistle Blowing?

Regardless of any skepticism this concept has been noted of growing over the years, and of course this is very beneficial to the economy and the government. In return the government has offered better protection for whistleblowers over the years but can they replace the guilt factor involved. It’s very evident that reporting wrong doing at work is not easy; people do not enjoy causing ruckus and making a mess. They may feel threatened of losing their job, they may fear loss of friendship, or it may simply just go against what they believe in. It may be difficult to overcome these issues, but in the end the best decision is the one in which the positives outweigh the negatives. Other than suggesting whistle blowing because it is the right thing to do, there are many other fruits of honesty that come along. Reporting wrongdoing is tough and knowing that it’s going on and not doing anything about it is tougher. Living with guilt is not ideal especially if you’re not involved and even if you are there is always a chance to step back. Making such a decision will not only subsidize your guilt but by doing the right thing it will empower others in such a situation to come out and report wrongdoing.

Whistle blowing can help all future employees with this issue in making it easier for them to justify a similar issue. The government for such reporting may provide full support and possibly money. Over the years whistle blowing laws have gotten much better in terms of protection for the long-term. Depending on various circumstances of the case, including winning it, the government will provide a financial windfall to help make amends with the destruction caused to you in any way due to your employer’s fraudulent actions. It’s evident that laws encourage whistle blowing; special status in our legislation is provided for such behavior.

Although the fruits of whistle blowing may seem enticing, there are certain drawbacks that make it very difficult to do. Whistle blowers are often times labeled; this is a type of label that can take its effects on a career. Although prospect employers may value a whistle blowers beliefs and trust, the only thing that should matter to them is skill. Whistle blowers are bound to face some sort of retaliation, accusing someone usually does not come with flowers and chocolates. It may be as serious as getting fired or even a transfer. There are laws that protect whistle blowers from retaliation but employers still do it. Legal action costs a lot of money and moving from lawyer to lawyer is very expensive. One of the worst drawbacks of doing the right thing is financial destruction. Until the case is won, dilution in ones finances may occur, as it will prove to be very expensive to fund. Although this may be such a setback one thing for sure is that when the legal case is won, expect justice to be served in all ways.

http://www.corporatecomplianceinsights.com/5-rewards-and-drawbacks-of-being-a-whistleblower/

A Great Recent Example

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• Snowden: Greater Threat to Whistle-Blowing than to the Government (jimleff.blogspot.com)
• Whistleblowers (psychologytoday.com)
• UK forgets ethics, mulls whistleblower rewards (fcpablog.com)
• Mafialeaks: The anonymous whistle-blowing site inspired by Wikileaks which aims (wikileaks-forum.com)

What are Code of Ethics?

Code of ethics for all business can be very similar or very different depending on the business. These values and principles are vital to a business’s growth and development and should be precisely enforced for positive results. Values, principles, management support, personal responsibility, and compliance all of these things fall under the code of ethics in business. Code of ethics for employees at a company can be the set of rules that they must follow to justify the company’s beliefs and values. These rules consist of what the company believes in and enforces that company’s values, which should always be first priority and displayed in all areas of the business by the employees. These 6 components are vital to a business’s success and growth. They should carry through almost everything done by the business. These values are usually set by the company to push in what they believe their company stands for and they want this to trickle down all the way down to every employee. Business Values are mostly expressed to the public during operations by employees dealing with customers and on a day-to-day interaction with suppliers. Employees are expected to define what the company’s ethics are and make it clear that the company is based on fairness and honesty through this interaction. Customers are the most vital part of a business so it is important they understand the company’s ethics and what it based on. Business principles are very vital to further the business values and keep order. Principles are like embedded goals that are always a part of the mission to maintain healthy growth of the business. Customer satisfaction, healthy business growth and profit maximization these are things that are always a part of the mission of a business and hold the ethical values of the business in place. Management support is very important to the employees in order to successfully embrace the company’s ethical values and principles. It also helps maintain order as an open door policy to report violations of ethical values is placed. Personal responsibility is one of the most important component as for it is totally the employees personal choice to truly uphold the company’s code of ethics. As a company it is much more than just making sure of that. A company wants to ensure that every employee supports the code of ethics by reporting all violations to management. Compliance is a must, laws cannot be broken in any aspect of the company’s dealings. This may lead to the most damage that can be done to a company due to violations. Sometimes compliance is violated in the system, and as has happened in the past with Goldman Sachs Company and Enron, they were legally shutdown due to violations. these are prime examples of what may come if ethical issues are not dealt with the right way. Close moniterization of transactions and clearly defined codes should help keep a company and its employees from violating laws and helping them feel comfortable while embracing these values and principles.

http://smallbusiness.chron.com/key-components-code-ethics-business-244.html

Moral Development and Decision Making

One may ask themselves what decision to make when facing moral or ethical dilemmas. Some people face selfishness and may make the wrong decision, others may simply ignore the situation and walk away. Although the ideal person would step up and make an honest decision. Imagine a world in the business field where this question of “what should I do,” doesn’t stand a chance. This question comes up a lot and many times the decisions aren’t very well executed. So does that mean we need better people in this world? No. we simply need to help educate these people, that is all. Many firms and employees; managers and clients; all get heat every day of every year due to their lack of good judgement, and decision-making skills. Many people get fired, big firms shutdown, all these things are avoidable to a certain level of degree. Education  will empower people of better decision-making skills and  good judgement. This knowledge can prove useful even outside the business world. Moving back to square one, where it all begins, life is exactly what we decide it to be. Life is a collection of millions and millions of small, big, important, unimportant, vital decisions. With the knowledge of proper decision-making skills and good judgement the possibilities are endless. constituting this knowledge into someone’s life will definitely change major aspects of that person’s life including the quality. Improvements are evident in success, romance, wealth, persuasion, power, the possibilities are endless. this proves the value and importance of such knowledge and yet we find ourselves stuck, unable to decide, unable to decide what is right thing to do and then act upon it. Instead we find ourselves questioning our beliefs, when greed or hatred cloud up our decision-making abilities we are unable to perform at a high rate. Granted we are the most complex individual on this planet, and yes the adversity humanity has faced throughout history is great, yet some of our problems are so simple to fix. We can cut the rate of firms shutting down, employees getting fired, laws being broken both unintentionally and intentionally in the business world by providing proper education to these people before they professionally join the business force. This blog does not insult our present education system, it only asks to better it, help it move forward, help us as a whole move forward. The addition of an educational course which improves decision-making skills and good judgement could possibly change certain aspects of this countries economy.

It can help and educate millions of people to help them better their lives in hundreds of ways. In the end that’s what it’s all about, making people’s lives better by moving forward. We move forward everyday, everyday is a change, and as we live on we must decide to embrace this change and move forward with it. This is what humanity has done its whole life here on this planet. We move forward. I mean after all, an investment in knowledge does pays the best interest.

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• Moral & Ethical Issues (sanipatel6.wordpress.com)