Wells Fargo Ethics Essay

1011 Words 5 Pages
Looking for employees with integrity is very important. The employees hired by the company can make or break the business. Finding the right employee is the key in avoiding unethical issues which can be harmful to the business. When lack of integrity is spotted, it must not be ignored. Warren Buffet, Chairman and CEO of Berkshire Hathaway, in looking for people to hire, look for three qualities: integrity, intelligence, and energy. If they do not have the first one, the other two will ‘kill’.
Wells Fargo needs to implement functioning ethics safeguards to avoid recruit the unethical employee. The managers and employees need to be conscious of the definition of integrity itself, what integrity looks like in the business and why integrity important in the business. The
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Wells Fargo scandal case of millions phony accounts tells indication that this financial services company should look in the ethical mirror. The company should implement integrity as governing ethic and should be conscious that integrity makes positive differences in business. Moreover, the company should build integrity in their executives and employees’ behavior. As a result, integrity will guide the managers and employees in making right decision.

In conclusions, managing employee integrity in Wells Fargo Company requires a cooperation of all members of the company; from Chief Executive Officer to all employees. All members of the company should conduct ethical behavior to accomplish company ethical goals. Once accomplish these ethical goals, the company soon or later will regain its esteem as one of the most respected financial services company in the United States. The outcome of this cooperation will also benefit the company to avoid similar unethical actions in the future.

RECOMMENDATIONS: MANAGING EMPLOYEE INTEGRITY IN WELLS

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