Ethics Taxonomy Dimension 1: Philosophy and Spirit

Abstract

The codification of corporate mission, vision, and values statements has become an increasingly prevalent norm, helping corporations with the integration and alignment of decentralized organizations while simultaneously enabling the coordination of a multitude of individuals from diverse backgrounds. Just as with any other organization, corporations benefit from imbuing their members with a unified sense of purpose, with common aspirations, and with shared beliefs, and these are primarily expressed by means of mission, vision, and values statements, respectively. These statements can be viewed as a corporation’s philosophy, of which the shaping and reinforcing has consequently become a core function of management.