Welcome
to the blog on Ethical Processes in Business
The word “ethics” refers to the moral principles or values that enable us to do the right things. In a broader sense, ethics include integrity, objectivity, professional competence, confidentiality, and professional behaviour. Any compromise in ethics can lead to adverse implications for the organization.
This blog is a supplement to my first book on “Ethics in the Real Estate Industry” which is expected to be launched soon. In the first volume of the book, three design functions - Architectural design, Interior design, and MEP services have been analysed from an ethical perspective. For this purpose, we have considered 91 key processes and tabulated 916 key business activities in each of three design functions that, which if not performed diligently and professionally, can hurt the organization /can adversely impact business.
Type of
activities |
Design of Architect |
Design of Interiors |
Design of MEP |
Combined for 3 functions |
Core activities - 292 |
||||
Core Design |
116 |
63 |
69 |
248 |
Statutory
|
18 |
12 |
14 |
44 |
Subtotal |
134 |
75 |
83 |
292 |
|
||||
Essential supporting activities - 282 |
||||
Making Configuration
tables |
4 |
4 |
4 |
12 |
Making
master data tables |
4 |
4 |
4 |
12 |
Risk assessment
|
47 |
47 |
47 |
141 |
Assigning
access rights |
39 |
39 |
39 |
117 |
Subtotal |
94 |
94 |
94 |
282 |
|
||||
Other supporting activities - 342 |
||||
Designer's traceability |
3 |
3 |
3 |
9 |
Audit trails of designer's activities |
2 |
2 |
2 |
6 |
Coding
schemes |
14 |
14 |
14 |
42 |
Document
management systems-Hard-Designs & Drawings |
12 |
12 |
12 |
36 |
Document
management systems-soft-Designs & drawings |
8 |
8 |
8 |
24 |
Budgeting for designers |
11 |
11 |
11 |
33 |
MIS/Dashboard for designers |
14 |
14 |
14 |
42 |
SOP for designers |
8 |
8 |
8 |
24 |
Financial
approvals |
16 |
16 |
16 |
48 |
Core documents |
6 |
6 |
6 |
18 |
Statutory
documents |
7 |
7 |
7 |
21 |
Functional
manuals |
3 |
3 |
3 |
9 |
Similar type
|
3 |
3 |
3 |
9 |
Key
performance indicators-Designers |
7 |
7 |
7 |
21 |
Subtotal |
114 |
114 |
114 |
342 |
|
||||
Grand total of Activities |
342 |
283 |
291 |
916 |
The adverse
impacts have been categorized as any one of three types below or a combination
thereof and marked as ① or ② or ③
① Quality
of design or quality of construction or project costs or customer satisfaction
or revenue of the company as relevant.
② Statutory
or regulatory compliances
③ Efficiency or effectiveness of the design process
A comprehensive list of these activities and their impact is available in the handbook – “Ethics in the Real Estate and Hospitality Industry – Volume 1”