4 October, 2021
15 Hours Online + 30 Hours Homework + Proficiency Test
€ 2050
What goes around comes around. Karma is real and it’s going to be with your company from day one. You have to build your company on ethically sound foundations. A diamond in the rough will be noticed by investors and customers alike in a sea of unethical monetary driven start-ups. Doing the right thing is not just correct but required for successful start-ups.
Weaving threads of ethic into the fabric of your company might be tricky. It may sound easy to some people but doing it right requires that you fully understand ethical concepts and how the right ethical solution can disguise itself in different situations. This course will teach you how to recognize what’s ethical, drawing upon real life examples.
Not always bad people do wrong things in business. Often good people do wrong things. Wrong behaviour results in a loss. Individuals and the companies lose face and are damaged due to unethical practices. In order not to lose millions of dollars, good people in organizations should know how to act ethically.
At the end of this course you will have learnt the skills to be able to institute necessary checkpoints, processes and controls to make your start-up ethically correct thus making it attractive to investors and earn customer’s trust from day one.
The aim of this course is to understand and learn the ethical issues that arise in the various areas of start-up institutions, and to develop an ability to address and resolve these issues effectively and responsibly. The course aims to build “Ethical Decision-Making Framework” for the entrepreneurs, managers and employees who are working in start-up institutions and who are involved with operations in the start-up markets. This course will make the participants communicate effectively and ethically with their shareholders and stakeholders.
Specifically, the course seeks to enable entrepreneurs, managers and employees to understand and learn:
By the end of this course participants will have learnt the skills to be able to institute necessary checkpoints, processes and controls to make their start-up ethically correct thus making it attractive to investors and earn customer’s trust from day one.
This course is for all executives who want to run their business considering good governance and business ethics. This programme will be suited for professionals (including CEOs) who are expected to behave ethically and make ethical decisions. This course will also be recommended to angel investors, venture capital executives, investment bankers, commercial bankers, government bureaucrats who want to evaluate the ethical status of the company and the ethical calibre of its employees that they have relationship with or want to do business with.
The WBAF Business School provides a hybrid learning experience in a multilingual and multi-cultural environment offering (a) online education (b) support from an individualized strategic advisory board, (c) stock exchange meetups and inter-continental study trips, (d) support from a corporate governance and SME support center and (e) proficiency-based qualification and certification.
Ethics in business is key to sustainable success in business life. The challenges and benefits of being ethical is of great value to individuals and corporates. It is important to understand what ethics is, why we should act ethically in business life and the scope of ethics in business life.
This module will provide the basic information related with ethics definition, questions and the purpose of being ethical in business life. By the end of this module participants will see an understand the role of ethics in business life.
Presentation by the lecturer: 90 min
Zoom breakout session — Getting to know each other and sharing experiences: 30 min
Maintaining an ethical and legally compliant culture is essential to an organization’s long-term success. How quickly organization respond to unethical or unlawful behaviour can dictate whether the organization has ethical culture or not.
This module will provide the insight for ethical awareness of professionals who have decision-making responsibilities.
Presentation by the lecturer: 90 min
Q&A: 15 minutes
To establish an ethical framework in an organization first the vision, mission and values of the organization should be determined. There are many different values existing in business environment. Every organization should find the best values which may best fit their vision, mission and business objectives.
This model provides an understanding of business values and describes the basic key elements of how ethical values should be determined. Upon completion of this module participants will be able to set up an ethical framework in their organizations.
Presentation by the lecturer: 90 min
Q&A: 15 minutes
A method for ethical decision making should enable the person to recognize the new and unfamiliar situations and act accordingly. The more difficult the ethical situation faced, the more one should rely on discussion with others about the dilemma.
This module analyses the common ethical problems that managers may face in the workplace. By the end of this module participants will be able to carefully explore each ethical problem along with the insights and perspectives of others be able to make good ethical decisions.
Presentation by the lecturer: 90 min
Concepts to learn:
Q&A: 15 minutes
This module is a continuation of the previous one. This module analyses the common ethical problems that managers may face in the workplace. By the end of this module participants will be able to carefully explore each ethical problem along with the insights and perspectives of others be able to make good ethical decisions.
Presentation by the lecturer: 90 min
Concepts to learn:
Q&A: 15 minutes
Resolving ethical issues requires decision-making skills and moral sensibilities. All managers are responsible to respond promptly and effectively to ethics problems. They may not be equipped with the right tools and training to make correct decisions to solve or prevent ethical problems.
By the end of this module participants will be able to address, resolve and make correct decisions to solve the ethical problems that arise in the workplace. They will learn how to react to new or unfamiliar situations in the workplace that involve complexities to comply with ethics and law.
Presentation by the lecturer: 90 min
Q&A: 15 minutes
A person’s idea of morals tends to be shaped by their surrounding environment. Moral values shape a person’s ideas about right and wrong. They often provide the guiding ideas behind ethical systems. Ethics are distinct from morals in that they’re much more practical. An ethical code doesn’t have to be moral. It’s just a set of rules for people to follow. In other words, an ethical code has nothing to do with cosmic righteousness or a set of beliefs. It’s a set of rules that are drafted by organizations to ensure employees stay out of trouble and act in a way that brings credit, reputation to the organization.
This module will improve the participant’s ability to construct an Ethics Code for a company or evaluate an existing Ethics Code of any company to find areas to improve it.
Presentation by the lecturer: 90 min
Q&A: 15 minutes
Whether you are an owner of a small, medium or a big company you have to trust your employees implicitly. The owners must know that the company is in responsible and ethical hands. Training employees about professional ethics is an excellent way of setting standards in the workplace and teaching your employees the importance of integrity in business. If there is no internal control and audit mechanism in a company the owners cannot assure that the ethics standards are in place and employees are behaving in compliance with the company’s Ethics Code.
Upon completion of this module participants will be able to develop and implement an ethics training curriculum plan for a company.
Presentation by the lecturer: 90 min
Q&A: 15 minutes
Upon completion of this module participants will be able to develop an ethics audit programme for a company. They will also learn how ethics audit should be done and how to evaluate and take actions based on Ethics Compliance Reports.
Presentation by the lecturer: 90 min
Q&A: 15 minutes
There are many cases in business history where companies behaved unethically. Reviewing ethics cases enlarges the ethics vision of the managers and leads them to ethical thinking. Gaining experience from others’ mistakes is a cheap way of training. Case study makes the participants understand what is ethical or not, at no cost to them or their companies.
By the end of this module the participants will put themselves in the shoes of the executives who made unethical decisions and understand what they should do and don’t do in order to not make the same mistakes.
Presentation by the lecturer: 90 min
Analysis, evaluation and discussion of the following ethics cases:
Zoom Discussion: 30 minutes
Sometimes managers do not decide rationally, and they do not evaluate their decisions from a moral point of view. They behave unethically without being aware of it. To summarize the course this last week we will determine what causes Ethical Blindness in organizations and what should be done to avoid Ethical Blindness of managers, employees and the stakeholders of a company.
Presentation by the lecturer: 90 min
Proficiency Test (2 hours)
The programme concludes with a proficiency test and participants are awarded a professional certificate featuring your proficiency level and a personal WBAF Identity Card. The WBAF Business School awards two kinds of certificates: (a) a professional certificate is issued for successful completion of a programme that concludes with a proficiency test, and (b) a certificate of completion is issued for a course without a proficiency test.
