Tuesday, 16 July 2024

Understanding the Professional Ethics

Professional ethics is the application of the basic principles of honesty, sincerity, and truth. This term is defined set of rules that a member of a profession must abide by to maintain their good standing with the licensing authority that permits them to operate within their profession. A proactive approach to professional ethics is all about seeking out and positively serving to public interest. Professional ethics, focus on identifying the purpose of particular services and making sure this purpose is accomplished and complete with integrity.

Professional ethics is taking responsibility for any damaging ramifications of your actions, it means confessing to failures and taking responsibility for the result, be it an error in judgment, or a faulty part in a wrong action.

Each profession has different purposes and different boundary lines to adhere to and virtues to continue. Those professions in which ethics play a pivotal part such as Medical, education, legal, government, engineering, business etc are working toward common virtues and consequences.

There are many modest human beings in all paths of life. There are also lots of scams masquerading as pure upstanding professionals. Every association have their standards to which their members are supposed to adhere. Look how many lawyers, doctors, land agents, Police officers are in custody for not upholding the standards. Think how many others there are, by anecdotal evidence.

It is just similar to what happened on March 24, 2018 in the Capetown cricket test match between South Africa and Australia Sandpapergate was caught on camera the cricketers involved in the incident came forward and accepted full responsibility and the coach who was the Supreme commander also accepted, and they all were punished with suspended for a long time.

The Hippocratic oath undertaken by medical students is one such example of professional ethics that is adhered to even today.

Examples of professional values in an individual are -
 • the honesty of never denying the truth of everyday reality.
 • Responsibility for acts and omissions.
 • Understanding the formality of known and known aspects.
 • Respect of the situation and circumstances.
 • The honour of holding the standards and values of living your life, whatever the cost.
 • Resolution of never giving up or admitting defects to find the best solution to a problem.    

If each profession is performing with integrity and representing their roles to the best of their ability then you increase the likelihood of having a stable and prosperous economy.

Whatever you believe, hard and fast rules do not apply. Sometimes common sense and justice override rules. It’s why we have judges and courts for appeals.

Crimes are committed by any high-status Passionate person in the course of their occupation, who forgets professional ethics, also known as White Collar Crimes (WCC). Then it’s an investigation conducted by the Central Bureau of Investigation (CBI) and Serious Fraud Investigation Office (SFIO).

In the last 10 years, approximately 6725 cases have been registered by the CBI, which have been committed by High Social Status persons. In 2014, India was 85th ranked then moved to 76th in 2015 and then 78th ranked in 2018, as reported by Economic Times on White Collar Crime.

The biggest crime by High Social Professionals in the course of their occupations.
 • Harshad Mehta securities fraud (1988-1995)
 • Satyam scandal: Biggest Even Corporate Accounting Fraud
 • Ketan Parekh Security Scam
 • Sardha chit Fund Case
 • Punjab National fraud
 • 2G Scam
 • CWG Scam
Then without honesty and integrity, you can only build something like this.

In the end, I would like to conclude that professional ethics are fundamental to any profession and business. Organisations ceaselessly to be in the quest for its objectives and goals, while profiting the employees in working up their high abilities. In this course, the adherence to high professional ethics of the representatives can be particularly contributory to the amazing accomplishment of business objectives being turned out as arranged and proposed.

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