Summary C206 Task 3 - CODE OF ETHICS AND LEGAL RESPONSIBILITY ANALYSIS .edited.docx.docx
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Course
Wgu
Institution
Western Governors University
Task 3 - Code of Ethics and Legal Responsibility Analysis of the Mayo Clinic
Corporate Social Responsibility
The Mayo Clinic does an excellent job of practicing and implementing corporate social responsibility (CSR). Mayo Clinic makes it clear that their primary value is the needs of their patien...
Task 3 - Code of Ethics and Legal Responsibility Analysis of the Mayo Clinic
Corporate Social Responsibility
The Mayo Clinic does an excellent job of practicing and implementing corporate
social responsibility (CSR). Mayo Clinic makes it clear that their primary value is the
needs of their patients and how all of their patients comes first since patients are one of
their most important stakeholders. For example, on the second page of Mayo Clinic's
code of ethics, they list their values, and the needs of their patients are listed as their
number one primary value. Another example of how Mayo Clinic practices CSR is in the
letter from their President and Chief Executive Officer, he states how all the choices
made in the company every must be honest, ethical, and how they are accountable for
their own decisions. They clearly say how they want to manage their business ethically
and are fully aware of how it can impact society.
Legal Mandates
Mayo Clinic's code of ethics does a splendid job with outlining laws their
employees must abide by and what the consequences are if rules are broken. For
example, in their code of ethics, it is clearly stated why the employees must Integrity
and Compliance training program. The code of ethics has sections like "Confidential
Information and Trade Secrets, Books and Records, Patient Health Information," and
within each section, there are different laws that are listed, why they are significant, and
how each employee must abide by the law. For example, Mayo Clinic included the Anti-
Corruption Laws in their code of ethics. They stated what the law is and the importance
of not accepting bribes and how to appropriately report any suspicious activities.
, Compliance
All businesses must always do everything in their power to follow the law. Mayo
Clinic clearly states that if the organization and its employees do not follow the law, they
are subject to legal action and disciplinary action. For example, in the code of ethics, it
states that if employees knowingly violate the company's code of conduct, they are
subject to corrective action, which can include termination of employment. It is indicated
that Mayo Clinic can face criminal prosecution, civil liability, and fines if laws are
violated.
Safeguards
All businesses must have safeguards in place to help with remaining in
compliance with all rules and laws. For example, Mayo Clinic established an Integrity
and Compliance training program. All employees must complete this training if they
want to work for the company. Another safeguard the company created was creating a
department called The Integrity and Compliance Office, where it is located at all
locations of the company. These safeguards are put in place to help the company and
its employees not break any rules and regulations. It can help avoid detrimental
problems like patients suing the company or an employee committing fraud. Having
these safeguards help the company and its employees ethically practice business and
avoid committing illegal acts by having compliance resources readily available and
stating what is morally right and wrong.
Ethical Culture Development
When running a business, it is critical to invest in developing an ethical culture
continually. Mayo Clinic did an excellent job of outlining the importance of ethics and
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