In present scenario, to maintain the competency and healthy working environment within the organization it is essential for the organization to incorporate some prominent strategies which are based on the proven practices and programs. To maintain ethics in the organization is very necessary in order to develop an ethical environment which in turn also assists the organization to incorporate value system in an effective manner. Ethical program assist the organization to achieve its objective by demonstrating its competent activities which are based on the ethical code of conduct. A good manager will tell you that marketing, product placement and budgeting all take careful planning, not random or unorganized effort. Many managers however, forget that motivating ethical behavior in a workplace takes careful planning as well. Ethical employees make for an ethical company, which will receive many benefits from its good reputation. Not only does it attract more customers, an ethical company will also be able to entice and retain a more skilled workforce .
This paper describes the importance of having an ethical program and also the importance of motivational theories which assist the reader to gain insight about the significance of implementing such kind of programs within the organization. .
Many factors contribute to the profitability and success of a large company that may not be visible to the naked eye. When you evaluate the success and growth of a company you may begin by studying the foundation of the company and its origins. You may consider the economy or the demand for the product or service the company provides as the reason for its success. Although these factors may influence the formation and evolution a corporation may have initiated with, perhaps there is a more influential factor not yet mentioned. A business’s success is greatly dependent on the associates working for it, the working environment they thrive in, and the presence of a system for motivating those employees to achieve greatness.