Final answer:
Managers can create an ethical environment by developing and upholding a code of ethics, acting as role models, fostering an open culture, and providing ethics education. Ethical conduct must be integrated into corporate strategies, ensuring that it is not overshadowed by financial objectives. Responsibility for societal issues and the ethical use of emerging technologies is also an integral part of maintaining an ethical organizational environment.
Step-by-step explanation:
To create an ethical environment, managers must prioritize ethical practices and set a tone that aligns with moral standards. An essential part of this process is the development and enforcement of a code of ethics, which provides clear guidelines for employees' behavior. Managers also need to be role models, displaying ethical conduct in all their dealings and decision-making. Additionally, promoting an open culture where employees feel comfortable discussing ethical concerns and reporting unethical behavior without fear of reprisal is crucial. To further support an ethical environment, education and training in ethics should be provided to all employees to ensure they understand not only what is expected of them but also the rationale behind these expectations.
Organizations and their managers hold significant responsibility for social, economic, and environmental issues. This responsibility extends to being thoughtful about the challenges that arise with emerging technologies. For instance, in the fields of science and technology, professional codes of ethics like those provided by the IEEE-CS ensure that professionals do not approve technologies that may harm society or the environment. Finally, it is vital that ethical considerations be integrated into all aspects of corporate strategy and that aggressive financial or business objectives never compromise ethical standards.