Every organization has an ethics program strategy, whether explicit or implied. An effective ethics program serves as a basis for policy making, as well as providing guidance in daily decision making. It should define ethics goals and objectives and allow the organization to measure progress. An organization's ethical values determine what leaders and other employees will view as important and proper. Values provide direction and consistency in decision making in the absence of policies, procedures or precedents.
This document considers what ethics means to businesses and offers practical guidance on implementing ethics programs.