Corporate Ethics Assessment

 
 # GEA2: Corporate Ethics Assessment – Using the insights from the lectures, case discussions, personal and professional ethics statements as a foundation; this assignment asks you to reflect on the ethical posture of a multinational corporation. You will research a multinational company and investigate its ethical policies and practices. These polices can normally be found using a Google search. This assignment is worth 100 points and counts for 15% of your final grade. The assignment will be graded for both content and grammar. Minimum word count: 800  Include Personal and Professional Ethics Statements – revise to include instructor feedback. Choose a multinational corporation. Linkable list of multinational corporations: http://en.wikipedia.org/wiki/List_of_multinational_corporations. o Include a link to the corporate ethics policy page. o Write a summary of the most salient information that describes the ethical policy of the corporation.  Evaluate and describe how the corporate ethical policies, values, and perspectives may differ across different cultural groups, or whether for example the corporate practices and ethic statement addresses cultural and legal issues that may vary across nations or cultural groups. Compare how the corporate ethical policies, values, and perspectives differ or are similar to your Professional Ethics Statement. o Based on this comparison would you be a good fit to work for this company? Why or why not?  

Answer

Gucci Code of Ethics Evaluation

Gucci is a multinational company with over 270 fully operational stores that sell elite goods to customers worldwide, which leads to the company generating billions of dollars.  Since 2005, Gucci has used its ethics even though the charter was drawn back in 1996 (Kerling, 2005). The ethics charter serves as an affirmation of Gucci’s respect for human rights for its employees and all individuals who work in its supply chain and add to its value creation. As a result, Gucci uses all its energies and vigilance to fight child labor, slavery, human trafficking, and the exploitation of the most vulnerable groups such as migrant workers. Gucci also seeks to combat violence and discrimination against especially against women. Therefore, the charter is important in identifying any shortcomings in adhering to Gucci’s principles and informing any remedial action that the company takes (Kerling, 2005). The charter also guides the protection of the people who report such shortcomings to the company’s administration as their privacy is crucial to their security and the reporting of such situations in the future. 

Gucci recognizes that it operates in a market that has different laws and cultures. In this line, among the ethical rules that all people working within Gucci must follow include the compliance of different countries’ provincial laws. Respecting the laws of all countries entails respecting international standards on human rights and compliance with local and international labor laws (Kerling, 2005). Therefore, Gucci ensures that it observes laws and regulations on the environment, workers’ safety, and health in every country that they operate in. Gucci also knows that workers’ rights are not the same in every country. As a result, they are free to engage with freedom of speech and participate in workers’ groups. However, the worker’s union rights are regulated by the local laws of the host country.

Gucci bans all types of harassment in its organizational culture. To this end, Gucci defines harassment as any repetitive and voluntary behavior or action that is hostile, abusive, and humiliating to another person. Harassment in Gucci’s perspective entails actions, verbal comments, and gestures that jeopardize all people’s dignity and psychological wellbeing (Kerling, 2005). Therefore, Gucci demands that people within its workforce respect each other and give space for diversity without judgment. Any form of harassment leads to punishment as stipulated within Gucci’s policies and framework. Despite punishing any form of harassment within its organizational structures, Gucci recognizes the rule of law of all country that it operates (Kerling, 2005). Therefore, depending on the country’s legal stipulations on various forms of harassment, it affirms that it will stick to report any form of harassment against various countries’ local laws, such as physical abuse and sexual abuse.

Gucci recognizes the sensitivity of the data that their employees and consumers trust them. Therefore, they guarantee all people who entrust any information on them that their data will not be used wrongfully or shared with other third parties who are not within its structure (Kerling, 2005). This, however, may lead to complications in certain situations where the governments of certain countries do not respect data privacy, especially in certain situations such as those that threaten national security. In this case, if the data that these governments need can only be found withing Gucci, then Gucci would find it in an ethical dilemma of whether to break its ethical code and sustain a good relationship with the local authorities or to keep their ethical requirements and risk forced exit from these countries. 

Gucci respects culture and of the people and cultures that they operate in. To this end, Gucci wishes to contribute to the economic and social wellbeing of local communities from whom they obtain their law materials.  Gucci affirms its dedication to supporting local community projects that will improve the community’s wellbeing and improvement. 

Gucci’s code of ethics works with my code due to its observance of Human rights and equal treatment of people. In my ethical code, I wish to treat others as I would wish to be treated. I am dedicated to behaving with courtesy in all my day to day interactions with other people despite the mood or the situation that I am in. this helps me have a positive impact on the people I meet. Gucci policies have a strong anti-harassment stand, which is also in line with my personal and professional code. I believe all people deserve to be treated with dignity and respect at all times.  Gucci’s policies also respect diversity and inclusiveness, which also rhymes with my personal and professional codes. All people are important in life and to the organization’s progress, and they deserve all the respect they can get. I believe in welcoming people from all backgrounds, cultures, political and religious beliefs. Respecting diversity is at the core of both Gucci and my ethical codes. Diversity is, therefore, a source of strength as people bring different things that contribute positively to the organization’s development.

Working at Gucci would be a good experience as its ethical code works in line with my code. Treatment of all people with respect at the core of both codes. Working at Gucci could even be better as they have the policy to give back to society. Deep inside my professional and personal code, I believe in continuous self-development and the development of others. To this end, working in Gucci and seeing them develop communities that they work in would work in line with my code.

 

References

Kerling. (2005). CODE OF ETHICS. https://www.gucci.com/documents/Kering_CodeEthique2019_English.pdf