Home Age of Tech How Businesses Can Create an Ethical Culture in the Age of Tech

How Businesses Can Create an Ethical Culture in the Age of Tech

88
0
SHARE

For ethical growth, deployment, and design of technology, leaders are mandated to set the right tone at the top. Critical ways of improving company culture are ensuring that there is no bias training and setting the right organizational tone.

An intention or action gap
To have a good understanding of issues that leads to open ethical cultures, the World Economic Forum’s Fourth Industrial Revolution chose 99 respondents from the forum, to determine the maturity of firms in applying ethics, they used Malrkula Center for Applied Ethics tools for the research. The conclusion of the research proved on the existence of a gap between their desire to act ethically and actions following good intentions and hence forming the term intention-action gap.

Conditions that support ethic
Ethical deliberation, another critical element in ensuring there is ethics. Firms engaging in the polls were urged to come up with aspects of decision-making found in the ethical deliberation process in their firms. The outcome was that firms were comfortable with two points of moral deliberation. These include contemplating of effects of decisions as part of the process and using information and data. However, Queries asking executives if they could know ethical concerns received a lower response. It is consistent with the intention-action gap. Giving reasons for decision making, using harmony to make decisions are the key factors that firms should work to attain.

Moral reasoning capabilities
Compared to reading and writing, personal moral reasoning is developmental. Thus firms tend to evolve in the same manner. Several individuals can obey rules and have an awareness of others’ needs, thus developing their moral reasoning to a reasonable level. Those with this kind of moral reasoning in the polls were half.

Practical applications of ethics.
According to respondents, the combining of ethical processes and tools was proper. It supported the intention-action gap. The following steps from the results of the survey can help firms in applying moral deliberation. Identifying and addressing ethical concerns contributing to intelligibility among workers, identifying ethical concerns contributing to transparency, and reinforcing the importance of educating workers on identifying ethical issues interests. However, some entrepreneurs may view ethics as a stumbling block to their company’s success. But it’s the opposite as ethics acts as a motivator for one to achieve goals. To contemplate more on complexities brought by ethical decision making, firm leaders should incorporate mechanisms in their own companies. In the long run, the profit brought about by ethics can be of great value both tangibly and economically.

LEAVE A REPLY