Ethical considerations in the current business environement and the Essay

Ethical considerations in the current business environement and the impact it can have on human resource management - Essay Example The Impact of Ethical Considerations on Human Resource Management This section includes a discussion on the impact of new ethical considerations on human resource practices which include hiring employees, retaining employees, and responsibilities of current employees in regards with the use of new technology. Conclusion This section sums up the overall discussion and presents a short review of the importance of ethics in the success of a business. Introduction The importance of business ethics can never be denied because they are imperative for the success of individuals and businesses. According to Patil (2012), business ethics is a behavior that shapes individual behaviors, as well as consumers’ perception about a company. As Frederick (2002) states, â€Å"business ethics, like most areas of ethics, often tends to focus on principles of actions, on the action itself and its consequences† (p. 30). If employees of a company do not behave ethically regarding any particul ar business matter, various destructive effects occur as a result. Companies set practical business ethics codes that help them in making their business activities legal, as well as in maintaining their public image (Frenz, n.d.). Some examples of ethical considerations or ethical codes that companies promote at the workplace include truthfulness, respect towards others, equality, demonstration of corporate social responsibility, adherence to laws and social values. In this paper, we will discuss the impact of some ethical considerations on the human resource management activities of a company. For this purpose, an organization will be selected and its ethical considerations in the current business environment will be reviewed to know the effects of implemented ethical considerations on HR practices. Selected Organization The organization selected for review is University Hospitals Case Medical Center (UHCMC) located in Ohio. UHCMC is a private hospital which specializes in cancer a nd orthopedic treatments. The aim of the hospital’s management is to bring continuous improvement in patient care and other activities related to patients’ treatment processes. Let us discuss two major ethical considerations that the management of the hospital has implemented recently related to the use of hospital management information system. Ethical Considerations in the Current Business Environment The ethical considerations that the management of the hospital has added recently to the code of ethics include ensuring confidentiality of medical records and improving patient care using new technology. The hospital has started using Management Information System (MIS) to computerize all information. The MIS will help healthcare professionals in recording patients’ updates in the hospital’s database and retrieving it when required. The system will also generate accurate and relevant reports based on the information stored in the database. The information to be stored includes all details about a patient’s medical history, present medical condition, and ongoing treatment. As every employee of the hospital will be using the system for different information related purposes, so there exists a need to ensure improved confidentiality of patients’ private information stored in the system. Moreover, the management of the hospital has also made it necessary for the employees to make a fair use