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In: Operations Management

Explain why three aspects (that are listed below)from the Code of Ethical Principles and Standards of...

Explain why three aspects (that are listed below)from the Code of Ethical Principles and Standards of Professional Practice are important to your NPO?

  • Practice their profession with integrity, honesty, truthfulness, and adherence to the absolute obligation to safeguard the public trust.
  • Act according to the highest goals and visions of their organizations, professions, clients, and consciences.
  • Put philanthropic mission above personal gain.

Solutions

Expert Solution

Solution -

A nonprofit organization is all about trust, transparency and responsible stewardship of resources. This is necessary to maintain public trust. The first aspect of practicing the profession with integrity, honesty, truthfulness, and adherence to the absolute obligation to safeguard the public trust is necessary to promote the organization as a moral driver in society. If there are certain unethical practices in non-profit organizations then it amounts to the breach of trust of the client and the society. People who contribute to the nonprofit organization are motivated by buy vision and incentives much above the compensations and hence the first principle is very necessary for the success of the nonprofit organization and the alignment of the masses with the organization.

A non-profit organization doesn't generate its own money and hence depends on the goals and visions of the client. These goals and visions are highly influenced by the cause that the organization is contributing towards and hence it is imperative that the organization acts in an ethical way towards the cause and is driven by the conscience of the clients. The non-profit organization should be professionally driven and should have proper accountability towards the cause and the resources provided by the client. This ensures that the organization acts with integrity. This conduct of the organization promotes the brand of the organization and more clients tend to align themselves with the organization.

A non-profit organization is personified by its philanthropic values and hence it is not about the personal gains or individual objectives but about the larger good of the society and the ecosystem which drives a non-profit organization. A non-profit organization acts as a moral agent and hence the cause of the organization should be above personal gains and selfish motives. The larger vision of such organizations allows the clients to trust the cause of the organization and provide for the necessary resources for the success of the cause. The interest of the larger good acts as a motivator for not only the employees of the non-profit organization but also the society and the people who provide for such organizations.


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