Principles of Personal Ethics, Importance
24/07/2022 0 By indiafreenotesPersonal Ethics refers to a person’s personal morals and code of conduct. From the very beginning of a person’s understanding, these ethics are being instilled in the individual by their parents, family and friends. Without any personal ethics, the life of the human being is incomplete and shallow. As an example, we can consider an individual’s honesty, openness, sense of responsibility etc. The person with good personal ethics will automatically show his moral and virtues while talking to his friends, relatives and elderly people. A person’s personal ethics are revealed in an exceedingly professional situation through his behaviour.
- Instill a sense of trust and support in leaders: Leaders and other professionals who regularly behave in the same way no matter the situation are more likely to be trusted and supported by colleagues and employees. Individuals who follow a sound ethical code are easier to believe in and are more likely to establish credibility among others.
- Allow leaders to more effectively lead their teams: When a leader regularly follows a predictable and respectable code of ethics, their team is more likely to follow their lead and feel confident in the contributions they make to the organization as a whole.
- Give individuals a solid basis of which to determine the most appropriate action in any given situation: When a person has solid personal ethics, they are better able to make decisions and take action in situations that may otherwise seem challenging.
- Improve the decision-making process: A professional’s ability to make decisions is based on their personal and professional ethics and what they believe to be good or bad. Having strong ethics makes the decision-making process easier and more streamlined.
- Support motivation: Individuals with strong ethics are often easily self-motivated and willing to go the extra mile to accomplish a task or goal on time and in the correct manner.
- Set a standard of behavior: In the workplace and in life, ethics help establish an appropriate standard of behavior for individuals. This behavior is called ethical behavior and refers to a person’s ability to make sound decisions based on their ethical nature.
Personal Ethics | Professional Ethics |
Includes your personal Morals and Values. | Rules imposed on the individual by his organization. |
Not conforming that this may hurt others. | Not adhering that this may destroy your professional reputation. |
Learned from family, friends and relatives since childhood. | Learned when become part of corporate world. |
Personal needs are satisfied by following personal ethics. | Professional needs are satisfied by following professional ethics. |
Example: Openess, Honesty, Friendliness, Respect for Others, Loyalty, Honesty, Integrity. | Example: Abiding by the law, Industry Standards, Worker Treatment, Confidentiality, Worker Safety. |
Related
CategoryBangalore University B.com Notes
TagsAdvanced Accounting B.com Notes Advanced Accounting Notes Advanced Corporate Accounting Bangalore University B.com Notes Advanced Corporate AccountingOsmania University B.com Notes Advanced Financial Accounting B.com Notes Auditing and Reporting Bangalore University b.com Notes Auditing Osmania University B.com Notes b.com free notes download Banglore university B.com Notes Banglore University BBA Notes Banking and Financial Services free Notes download Banking and Financial Services Notes Banking Operations and Innovations Bangalore University BBA Notes bba free book download bba free notes download Behviourial Science Bangalore University BBA Notes bms free notes download Brand Management Mumbai University BMS NOtes Business Communication BMS Notes Business communication BMS Notes Download Business Documents Business economics Business EconomicsOsmania University b.com Notes Business Environment Business Ethics Business Fiannce Bangalore University BBA Notes Business Management & Startups Business Organization Business Policy & Strategic Management-I Business Regulations Notes Business Research BMS Notes Business Statistics notes Business Statistics-2 Osmania University B.com Notes Change Management BMS Notes Computer & IT Applications-II Conflict & Negotiation BMS Notes Corporate Accounting Bangalore University b.com Notes Corporate Accounting Bangalore University BBA NOtes Corporate Accounting Osmania University b.com Notes Corporate Governance Osmania University b.com Notes Corporate Restructuring Mumbai University BMS Notes cost Accounting Osmania University b.com Notes Cost Control and Management Accounting Osmania University b.com Notes Cost Management Bangalore University b.com Notes Costing Methods Bangalore University B.com Notes Customer Relationship Management Digital Fluency E-Business & Computerized Accounting Bangalore University B.com Notes Entrepreneurship and Family Business-I Event Management Financial & Management Accounting-II Financial Accountancy Financial Accounting Bangalore University BBA Notes Financial Accounting Notes Download Financial Decision Making Osmania University B.com Notes Financial Decision Making-2 Osmania University b.com Notes Financial Institutions and Market b.com notes Financial Institutions and Market notes Financial Institutions and Markets BMS Notes Financial Institutions and Regulatory Bodies Bangalore University BBA Notes Financial Literacy Financial Management Financial Management Osmania University B.com Notes Free b.com Books Download Free BBA Books Download Fundamentals of Accountancy Fundamentals of Business Analytics Osmania University b.com Notes HR5.5 Performance Management Bangalore University B.com Notes HR5.6 Strategic Human Resource Management Bangalore University B.com Notes HR6.5 Labour Welfare and Social security Bangalore University B.com Notes HR6.6 International Human Resource Management Bangalore University B.com Notes HRM free books Download HRM in Global Perspective Mumbai University BMS Notes Human capital Management B.com Notes Human Resource Accounting & Audit BMS Notes Human Resource Practices BBA Notes Income Tax Osmania University B.com Notes Indian Business Law Notes Indian Ethos in Management Mumbai University BMS Notes Indian Financial System Osmania University b.com Notes Indirect Tax BMS Notes Mumbai University Industrial Law Notes Industrial law Notes free Download Industrial Relations Management Industrial Relations Mumbai University BMS Notes Information technology in Business notes Innovative Financial Services Mumbai University BMS Notes Integrated Marketing Communication BMS Notes International Finance Mumbai University BMS Notes International Financial Reporting-2 Osmania University b.com Notes International Financial ReportingOsmania University b.com Notes International Tax & Regulation Osmania University B.com Notes Interview Preparation & Planning Investment Management Osmania University b.com Notes Latest B.Com Free Notes Latest B.Com Free Notes Download Latest BBA Notes Latest BBA Notes Download Logistic & Supply Chain Management lu bba notes download Lucknow University Notes Lucknow University Notes Download Management Innovation Managerial Economics Marketing & Event Management b.com Notes Marketing Management Marketing Management free book download Modern Marketing Bangalore University BBA Notes Mumbai University BMS Notes Download Office Organization and Management Operations Management Organizational Behaviour Osmania University B.com Notes OU B.com free notes OU B.com Notes Performance Management & Career Planning Mumbai University BMS Notes Practice of Life Insurance Osmania University B.com Notes Principal of General Insurance Osmania University B.com Notes Principle of Management BMS Notes Principle of Management free notes download Principles of Insurance Osmania University b.com Notes Principles of Marketing Production & Total Quality Management BMS Notes Production and Inventory Management Bangalore University BBA Notes Quantitative Techniques-I Quantitative Techniques-II Rajasthan University BBA Notes Rajasthan University BBA Notes Downlaod RBI Policy Resume Writing and Corporate Communication Retail Management Mumbai University BMS Notes Role Play and Simulation Rural Market BMS Notes Search Engine Optimization & Online Advertising Osmania University B.com Notes SEBI Social Media Marketing Osmania University B.com Notes Spreadsheet for Business Strategic cost Management BMS Notes Strategic Financial Management BMS Notes Strategic Marketing Management Mumbai University BMS Notes Talent Management & HRIS Tourism and Travel Management University of Rajasthan BBA Notes Wealth Management BMS Mumbai University Notes Web Design & Analytics Osmania University B.com Notes Workforce Diversity BMS Notes