Sun Microsystems is a corporate company and should therefore be a value-driven company. The company should therefore ensure that the employees in that company are value-driven and they practice the values in the company policies and procedure. By ensuring this, the company should ensure that the employees in the company treat one another with respect and they follow the codes of conduct and act in ethical manners. Companies that are value-driven have developed great company visions that help in the productivity of the company.
Customers, investors, business partners and the whole society should also comply with external procedures and strategies to ensure business productivity. Sun Microsystems have ensured that it is value-driven through the short term goal of giving important initiatives which will ensure that there are strong processes of governance and compliance for the success of ethical tones in the top management of the organization (Frelinger, 2005). The degree of alignment between the organizations’s proposed published values The management of Sun Microsystems Inc. ensures that the employees in the company understand the values of the company.
Employees in a company must observe the company policies and procures so has to maintain value within the company. To ensure that the employees observed values in the company, Sun Microsystems ensured that company complied with the U. S. Sarbanes-Oxley Act and the employees learned the details of the internal values and ethics laws. The managers in Sun Microsystems have created an atmosphere of trust and sincerity so as to encourage the employees in the company to ask for guidance from the company when they are in ethical problems and in this way they ensure that they maintain values.
They also ensure that values are observed by creating unknown reporting channels for reporting bad behaviours within the company (Singer, 2003). The other way Sun Microsystems ensure that values are encouraged in the company is by establishing rules and codes of conduct for the employees to follow so has to ensure that there are high ethical standards, regulatory and cultural in the company. By ensuring that there are high ethical standards, Sun Microsystems requires that the employees in the company have ethics compliance trainings so that they may be employees of value (Global Best Practices, 2005).
The leaders/managers treatment of internal stakeholders Sun Microsystems has established governance-related initiatives to ensure that they practice best governance. These initiatives ensure efficiency and flexibility in the governance. Leaders in a company should treat their internal stakeholders in a trustworthy way so that they can motivate their employees to behave in an ethical manner. The board of directors and senior managers in a company should be committed in practising good governance so that they promote discipline within the company.
The senior managers in Sun Microsystems have integrated the governance activities to ensure that they are more efficient and consistence in their duties. In this way they are able to treat their employees in good way and therefore it motivates the employees. The company leaders have set an example for the other employees to follow. They observe the company’s codes of conduct and have ensured that they have values. They have also motivated their employees by giving them incentives so as to ensure that the employees are productive.
The company has also established a compliance mind-set to ensure that the leaders behave in an ethical manner (Global Best Practices, 2005). The internal stakeholders’ treatment of one another Employees in Sun Microsystems treat one another with respect. They ensure that they follow the codes of conduct and act in ethical manners. By doing this, they will ensure that they don’t offend one another. Employees have made sure that they respect one another’s properties by not stealing other people’s belongings.
They also ensure that they don’t evade other employees’ privacy by finding out about their private and personal lives. The company has ensured that the employees in the company are aware of ethics, trust and values so that they can treat one another ethically. Employees in the company have ethical behaviour and value-driven performance so that it is ensured that they have a compliance mind-set. The employees have complied with the internal policies and procedures of the company so that they can be value-driven and treat one another well (Global Best Practices, 2005).
The organization’s treatment of external stakeholders The values driven by conduct necessitate that the new companies should develop new visions for conducting the business. Customers, investors, business partners and the whole society, according to the values they are all required to comply with external procedures and strategies and also remain dedicated. The ethics and values of a company in regard to the fulfilment are needed to be abided by and also personified through the conduct of writing which can be meaningfully communicated to the Customers, investors, business partners and the whole society.
This way, the code gives expression of the values of management, gives identification and reflection of the major values of the stakeholders (Global Best Practices, 2005). The organizations short-term plans The short term plans of Sun Microsystems organization is to give important initiatives which will ensure that there is strong processes of governance and compliance for the success of ethical tones in the top management of the organization.
When board of directors and executive leadership is in place regarding the scrupulous principles and demand nothing from the employees, there is effective establishment of integrity and ethics as a fundamental part of the cooperate culture and employees at all levels. Due to this, the employees hold the values (Frelinger, 2005). The organization’s long-term plan Companies which have a strong process of governance have a capability of attracting more customers, winning the confidence of the public and also coming up with organizations for enhancing the values of the shareholders.
Therefore, identification and priority compliance related risks require control and management thereafter leading to governance establishment processes which integrate the activities of their GRC. This leads to efficiency, compliancy and legally sound companies (Frelinger, 2005). Conclusion Companies should strive at being value-driven as to be capable of not only attracting investors and gaining the confidence of the public but equally being in a position to create organizations which enhances value for the shareholders.
The implication here is that by identifying and setting as proprieties maters of risk compliance, by the management, as well as putting in place processes of governance aimed at integrating risk compliance within their governance processes, organizations are enabled to be not only efficient and compliant but also in good legal standing (Global Best Practices, 2005). In conclusion, companies should ensure that all the company’s stakeholders both internal and external are value-driven so that they are able to treat one another well so that they ensure that the company is productive (Frelinger, 2005).