Ethics Report Essay Example | Topics and Well Written Essays - 2000 words

Ethics Report - Essay Example Correspondingly, this paper entails the conduct of interview with a management trainee belonging to Commonwealth Bank and a Human Resource manager of Bank of America Corporation in order to understand the impact of code of conducts on their behavior and career development. Introduction In the current business environment, it can be viewed that most of the leading companies throughout the globe are widely embracing the functions relating to human resource (HR). The HR managers or the HR professionals performing various sorts of HR functions are often considered to be planned change agents, proven leaders and trusted member within a particular organization. It can be admitted that HR functions over the years have dramatically changed from transactional towards more strategic due to changing business environment. At the same time, it can be firmly argued that without skillful abilities, it is quite hard for HR managers to perform various roles and HR functions efficiently (Rocca & Morro w, 2008). Correspondingly, two professions have been identified for the research purpose that includes a HR management trainee from Commonwealth Bank and a HR manager from Bank of America Corporation. ... Similarly, The Bank of America Corporation is an American based multinational financial service provider which is regarded as the second largest banking company in the US in terms of assets. The bank is committed to provide valuable service to its customers through delivering various financial and non-financial services such as employment, lending and investing. The interview was conducted through e-mail conversation and thus questions have been framed duly prior to the interview. The interview questions were designed to address various relevant aspects associated with HR (Bank of America Corporation, 2013). The primary rationale of conducting the interview was to acquire considerable understanding about code of conducts and their impacts on the behavior of individuals during the course of career development. Interview Reflection The interviewees warmly responded to the first question (refer to Appendix) and asserted that while devising and enforcing professional/organizational code of conduct, various aspects are taken into concern. Accordingly, it was apparently observed that management support, consultation with staffs, explicitly defined terms and policies are crucial while devising the organizational policies. It was emphasized that the devised policies should be directed towards the welfare of the organizations and should be fair as well as free from any kind of biasness. It was also stressed that the policies devised should be regularly evaluated and monitored in order to ensure the efficiency of the policy enforced. Based on the interview, the management trainee of Commonwealth Bank emphasized the functions and the responsibilities to be the critical factors for ensuring smooth functioning of