Describe the key ethical principles Honda Motors needs to us

Describe the key ethical principles Honda Motors needs to use throughout the company?

Solution

The ethical principles that Honda Motors needs to use throughout the company are:

- Respect for every individual- the ethical principle that makes the work environment most healthy is that the people working in it show respect towards each other no matter what position they are on. Respecting each individual and their contribution to the company will keep them motivated and enthusiastic about work and will keep the atmosphere at the work place ethical.

- Healthy working conditions- following certain rules and norms regarding the working conditions of the workplace will help making it ethical. Discouragement of child labour, forced labour, harrassment or discrimination can be a few steps towards it. Others can be compensation and incentives for overtime or better performance achieved in work, freedom to share ideas and information with all levels of management, giving emphasis to health and safety of all employees at all levels.

Managing environmental issues- this includes recycling of materials and conserving of resources and energy at the stages of product lifecycle, minimising and using proper ways to dispose waste of the production process, preserving human health and global environmental issues. These factors are not directly connected to the company ethics but if the employees work on these principles they can maintain an atmosphere to follow the ethical principles effectively.

- encouraging diversity- having diversified portfolio at the workplace should be taken as a strong need and innovative ideas should be derived from employees of diversified cultures and traditions. Their ideas can be included in the work environment to make it productive.