ORGANIZATIONAL ETHICS

What is organizational ethics?

Organizational ethics is the articulation, application, and evaluation of the values and moral positions of an organization. In other words, it is a company’s practical approach to ethics, specifically how ethics is incorporated into day-to-day activities.

The aim of organizational ethics is to facilitate a collective culture that moves values to action. This is accomplished by instituting a systematic approach to the multiple ethics components within an organization.

In a healthcare sector, like the biopharmaceutical industry, organizational ethics should incorporate bioethics, business ethics, and professional codes of conduct. It should function alongside quality, animal care and use, corporate responsibility, and risk management.

WHY DOES IT MATTER?

Because CHARACTER matters.

Trust in an organization is dependent on collective character, and collective character is central to organizational ethics.

Living up to stated values contributes to stakeholder trust.

To build and maintain trust, values must be incorporated into action.

To consistently move values to action, biopharmaceutical leaders need to be agile with bioethics and organizational ethics.

As with individuals, organizational TRUST is dependent on both capability and character. 

– LUANN VAN CAMPEN

CURRENT STATE:

There is not widespread understanding of the multiple ethics components at play within a biopharmaceutical company; nor that an organization with a healthcare mission needs a systematic approach to bioethics. Although following public policies is essential to ethics, compliance alone does not constitute the full scope of ethics.

SOLUTION:

 EthicsMatters LLC bioethics and organizational ethics consulting and training tailored to the contextual needs of biopharmaceutical leaders. 

What is your current state?