A thesis discussed at the Politecnico di Torino helps to lend a sense of order to a complex and often opaque theme
Ethics for better business management, and in order to transform a straightforward production organisation into something broader (and more complex). Business culture that succeeds in moving up to the next level. Without forgetting the need to ensure that the accounts are in order, and that production is efficient, of course. The issue of business ethics is complex, and must be addressed with care. Lorenzo Carucci has done just this with his thesis – as discussed at the DIGEP (Department of Management and Production Engineering) at the Politecnico di Torino – which goes so far as to offer “a universal code of ethics” designed specifically for start-ups.
“La pratica della Business Ethics: codice etico per le startup” (Business Ethics in practice: a code of ethics for start-ups) bases its argument on the idea that “today it is of fundamental importance for companies around the world to standardise and align their ‘ethical’ and sustainable growth goals of organisations with those of the nations in which they operate”. In addition to this, Carucci believes that these companies must “bring their strategies and operations into line with the universal principles regarding human rights, labour, environment and anti-corruption, and to take actions that promote” these goals within companies.
As such, ethics is presented as a business management tool of the same calibre as the standard management principles in companies, and something to be considered alongside corporate social responsibility, which is now seen as an essential element of any business strategy.
After going back over the history and theory of business ethics, Carucci then goes on to offer up a universal code of ethics for new companies, seeking to bring these into line with the United Nations, with a particular emphasis on collaboration and innovation. He then goes further, clarifying that “business ethics is also about creating an ethical working environment within the organisation, as well as modelling ethical behaviour through leadership”. Without forgetting the need to introduce ethical principles into corporate behaviours that have closer links with finance and business administration.
Lorenzo Carucci’s research has the merit of condensing a controversial subject that can sometimes be tricky to understand into a short text.
La pratica della Business Ethics: codice etico per le startup (Business ethics in practice: a code of ethics for start-ups)
Thesis, Politecnico di Torino, DIGEP (Department of Management and Production Engineering), Master’s Degree in Management Engineering, 2020