Minimizing the Risk of Technology by Leveraging Business Ethics

Newsletter August 2022 Title: Minimizing the Risk of Technology by Leveraging Business Ethics

As technology evolves and businesses leverage its various materializations, there are risks of unethical data use that can compromise privacy, trust, and data protection. This can be damaging to an organization. Hence, there must be policies and regulations to ensure the proper use of technology and data. More importantly, ethical reasoning must be present and actively applied.

There are many new tools that have been created by technology which play significant roles in business, such as machinery and digital tools. These tools are immensely helpful. At the same time, they can cause harm if they are used unethically. That is why it is imperative for you to understand the ethical implications of the tools you use in your business every day.

In addition to rectifying things after there is damage, you must be prepared to anticipate issues and take steps to prevent the downsides and dangers before they crop up – applying ethical reasoning at each stage is necessary.

Case studies and real-world examples are useful to establish an ethical decision-making purpose framework. This framework can be adopted by your organization contextually and applied throughout your organization, especially the areas that leverage modern technology.
You can acquire the ability to detect ethical issues and make informed decisions in technology businesses by enrolling in the Business Ethics certificate program offered by Genashtim in collaboration with eCornell.

eCornell courses are approved by SkillsFuture Singapore for SkillsFuture Credit as well as by HRD Corp Malaysia under its HRD Corp Claimable Course Scheme.

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