Thursday, 3 October 2013

Business Ethics In Australia (writing assignment)

In Australia, business ethics refers not only to whether a company treats its customers fairly or if it is honest about its business practices. Australian business ethics also emphasize respect for individuality and privacy, as well as direct and honest communication and negotiation. Ethical business behavior revolves around being upfront, presenting yourself honestly and judging someone based on actions and skill, not on title or rank.


Equality

Australians value equality, which is an important social principle and is especially prevalent in the business world. Australians avoid what they call "Tall Poppy Syndrome," which refers to standing out from the crowd. They avoid drawing attention to their academic or professional credentials or other accomplishments, and do not respond well to others bragging about their personal achievements or that of their company's. Instead, they look to a person's abilities and performance as indicators of his or her competence.
Corporate Structure
Australia's focus on egalitarianism and individuality strongly influences corporate structure and hierarchy. Employees may hold higher ranks but that doesn't mean they necessarily have more authority, or that employees at lower levels have less input. In fact, collaboration at all levels is essential to ethical business behavior. Upper-level managers typically seek input and advice from their subordinates, and there is often no obvious distinction between upper- and lower-level employees. Employees at lower levels frequently have considerable decision-making power.
Gender Roles
Equality is also crucial when it comes to a woman's place in the business world. Women work in many of the same industries as men, and often hold positions of authority.
Negotiations
Professionals are expected to set their feelings aside, focusing instead on facts, evidence and company rules. Negotiations often move swiftly, and while Australians are receptive to new ideas, these new ideas must be based on empirical evidence. Australian business people don't like an aggressive or overly persuasive sales approach, preferring direct communication about the other person's intentions. Bargaining is also not well-received.
Privacy and Relationships

Australians draw a clear line between their personal and professional lives, and expect others to do the same. However, Australians do like to establish a personal relationship with colleagues and associates, and may want to make small talk before starting a meeting.

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