Morgan Sindall Code of Conduct and Ethical Standards in Construction Sample

Intrduction :Overview of Code of Conduct and Ethical Standards in Morgan Sindall

The code of conduct is the rules and guidelines that are established by the individual or the company. The code of conduct is important for each kind of the company, it provide guidance to the employees regarding performing the work. The report is based on the Morgan Sindall Company that works in the construction sector. The code of conduct and ethical practices followed by the company aids in working with morality, build a trust among the clients, partners with whom company works like supplier, investors and so more. This leads to enhance the reputation of company in the market. It state about the code of practices and professional standards that use by the company to complete its projects. It will cover the moral and ethical responsibilities of the organization. 

The report will outline the importance of the strong leadership and corporate governance. The report will cover the professional bodies of the construction sector and the positive influence of this body on the industry. It will cover the importance of standards set by the professional bodies including RIBA and CIOB. The report will highlight the importance code of conduct and professional standards of industry in the Morgan Sindall.

MAIN BODY

Overview

The Morgan Sindall was established in the year 1977, the owner of the company is John Morgan and Jack Lovel. It is a Construction and Regeneration Group that consist eight subsidiary businesses. The company furnishes construction and regeneration services all over the United Kingdom for the public, commercial as well as regulated sectors. It carried infrastructure and construction projects in defense, healthcare, education, retail, transport industry and so more.

The Morgan Sindall Group Plc is a public limited company, operates in several sectors such as infrastructure, housing and urban regeneration. This company set a good reputation in the construction industry of the UK. In latest time, the Morgan Group emphasized on expanding its operations as well as presence in the new market. It expands operations in South West of England and Scotland.

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Role and responsibilities of the shareholders

The stakeholders of the Morgan Sindell are contractors, suppliers, architects, customers, employees as well as government. The stakeholders are the person who has direct interest in the working of the company. The role and responsibility of the suppliers is to provide raw material like bricks, wood as well as important supplies to the company. The role of the contractor is to complete the assigned task on a given time according to the preference of its customers. Thus, the stakeholders is responsible for the whole construction process including material procurement, managing labor as well as coordinate the activities at the work. They are responsible to make sure that work delivered on time.

A shareholder is a person who acquired shares of a company. The shareholder is considered as owner and gives financial support to the company in return of dividends and other compensation. The shareeholder plays an important part in making decisions. It takes decision related to goals and performance of the company, changes in rules, regulation, declaration of final dividend, declining capital of company and so more (Collinge, 2020). The shareholders are responsible to make sure that the company is managing and run in the well manner. For this, shareholders monitor the performance and make objection where find problem and give approval to the management team. The shareholder has a voting right, by using this it safeguard the financial position and interest of the company.

Moral and Ethical responsibility

The moral and ethical responsibility is the ability to identify, explain as well as act according to the various principles and values based on the standards within a given particular field.The moral obligation means following the practices that believe to be right and according to this an individual or company should act (Small and Lew, 2021). The Morgan Sindall follows moral and ethical practices while completing its project. The Morgan Sindall act accordingly to the ethical practices, for construction purpose it uses precise and attentive quality standards (Lima et al, 2021). It uses high quality materials for the construction of building of home, office premise, malls and so more. The delivery of the project with quality makes sure that customer remain satisfied as well as it increases reputation of the company.

The moral and ethical responsibility of the Morgan Sindall is that it follows and obeys the rules and regulations of the industry and recruiting the skilled professionals. It do business in a sustainable manner so that there is no negative impact on the environment. The company deals ethically with its clients, employees, suppliers as well as the subcontractors. It means that the company deals with honesty, fairness as it not take advantage by doing unfair practice or treatment (Taylor, 2020). It pays a fair amount of remuneration to its employees and provide flexible working hour and work culture. The ethical responsibility of the company also includes providing services to the customers according to their interest. The company discloses all relevant information to client which is required.

The business ethics plays a significant role in the long term success of the Morgan Sindall. The good ethical practices aid the company in enhancing the reputation of the company and increasing the brand loyalty. The ethical behavior is the base for the trust as well as creditability in the relationship of the business. As the construction business work with huge amount of the investment that contained risks (Goel, Ganesh and Kaur, 2020). The ethical practices aid company doing business while doing fair dealings with the clients and partners of the business, this leads to increase loyalty and reputation. Thus, the ethical behavior is important as it guide or direct the company in taking decisions of finance, for making negotiations, deals and fulfilling the corporate social responsibility.

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Leadership and Corporate Governance

The leadership and corporate governance are two important elements that enable the company to be successful. The leadership plays an important role in the construction business. As the success and failure of any project is relying on the project leader. The effective leader establishes clear goals and provides direction to the team so that team members clearly follow instruction and complete the work on time without any mistake (Ahmed, Philbin and Cheema, 2021). When there is clarity it removes confusion and allows members to work efficiently, this leads to enhance productivity and timely completion of the project. An effective leader motivates and influence employees to work in a systematic manner. Thus, the strong leadership enhanced productivity, keeps safety of works and delivered the project on time. Strong leadership leads to motivate the team, delegate task appropriately as a result increased productivity of the Morgan Sindall.

The corporate governance is a formation of customs, methods, practices, policies and rules that impact the way of people controlling, managing and directing a corporation (Allen and Berg, 2020). The corporate governance plays a important role in the Morgan Sindall Company. It is a system through which company directed. It is essential as assesses the Morgan Sindall Company in using policies. It is important for making company`s decisions or building a system, rules and regulations and directing the operations as well as coordinate the interest of its stakeholders (Sakawa and Watanabel, 2020). A good governance aids company in minimizing the cost of capital, enhancing efficiency of its operations, value of shares and grab more investors. The governance framework of the Morgan Sindall follows the principles of UK Governance code that contain clear policies for ethical behavior of the employees. The effective corporate governance contributes to the Morgan Sindell as it aids the company to follow appropriate decision –making. With the help of strategy, the company effectively operate business that help them to complete the project on time.

The corporate governance aids the Morgan Sindall to operate the business effectively, For example, the strategy of the corporate governance related to the human right policy aids the company in following these strategies related to the employee like ensuring the safety of the workers, pay fairly, appropriate working hours and no exploitation (Braga et al, 2021). When the company works according to this, more people like to work with company who follow all code of conduct. In addition, the corporate governance structure of the Morgan Sindell helps in building trust in investors, community and public (Cannon,2012). It provides clear ideas to the investors and stakeholders of the company related to the company goals and direction. 

Professional Bodies and code of conducts-

The professional body is a kind of group of people in a particular occupation that make sure the controlling or over sighting the legal practices of a particular occupation. The professional bodies are organization that made up of individuals, persons of the construction sector. These bodies are responsible for making standards for training and ethics (Watts and Watts, 2021). This includes (RIBA) Royal Institute of British Architects, ( ICWCI) The Institute of Clerks of Works and Construction Inspectorate of GB Inc, (CIOB) The Chartered Institute of Building. This professional bodies enhances the professionalism in the Company. It publishes a guide that aids managing Safety-Critical Elements in constructing building, for the members as well as built environment sector. 

The guide provides by this professional bodies aids to recognize high risk elements in as well as around the buildings (Hou et al, 2023). These bodies enhance professionalism in the company as it direct the companies to keep greater transparency within the members of the project team that includes clients, designers, investors, constructors as well as shareholders. The professional bodies have positive influence on the industry as it offer several benefits like provide resources, relevant certification and professional qualifications.

Importance of standard set by the RIBA and CIOB

The RIBA refers to Royal Institute of British Architects. It is a professional body that caters to its members as well as the society to delivering better services related to constructing building, places making better communities and sustainable environments (Adah, 2020). It is committed to improve the practices to battle modern slavery as well as human trafficking, Bribery and Corruption. The CIOB refers to Chartered Institute of Building, it is a global organization that exist to promote the benefits of public and practice of construction (CIOB,2014). The CIOB is a professional body that stands for the ethics as well as the practice to built an environment over the world. The CIOB is an important professional body for the construction as well as management (Levine and Courtois, 2021). It leads to develop the leaders in the construction by providing skill and technical expertise.

The standards set by the professional bodies are RIBA and CIOB is integrity means complete the work with the honesty, competence refers to work responsibly and conscientiously as well as the relationship means respect the rights and interest of the employees, clients, partners and suppliers. When this standard follows by the construction company it leads to build trust among the company and the working partner, this leads to increase company reputation. This standards leads to decline the chances of discrimination at the workplace as the employees paid fairly according to their work (Cheung and Zhang, 2020). This standard assists the Morgan Sindall and other construction company to work with honesty and treat everyone with equality and complete their duties with integrity and decency.

Importance of the industry code of conduct

The code of conduct is a kind od set guidelines for the employees of the company to protect the company as well as to inform the employee the expectations of the company. The code of conduct is the rules, values,, employees expectation and relationships that a company considered essential and necessary for the success of the company. The code of conduct of the industry builds a culture of honesty in the Morgan Sindall and enhancing ethical behavior in the employees (SE, 2022). Through following code of conduct, it is simple to establish clear guidelines related to work, this leads to build a better positive work environment in the company, build trust among stakeholders (Code of Conduct and Ethics,2024). The Morgan Sindall follows code of conduct and ethics this leads to build positive reputation of the company, helps in making decision and reduce the risk of any lawsuit that harm the image of company.

Code of conduct and professional standard of Company

The Code of Conduct of the Morgan Sindall are-

• The Company follows code of conduct like maintain a good, healthy and safe working environment, prevents bribery and corruptions in the company (Morgan Sindall Group plc,2024). It preventing modern in its operations as well as supply chain.
• The sustainable procurement policy of the company involves fairly sources the good and services. The company compliance with all rules and regulations including health and safety adhere to ethical, socially and environmental business standards.
• The company conduct ethically by following human right policy, it prevent human- trafficking, discrimination, harassment , forced labor, child labor and ensures workplace health and safety.

CONCLUSION

As expressed, the code of conduct is guidelines and rules that are made by the company. It is set of principles that, it is used within the company as a guideline for the employees as well as well as externally it is declaration of values and commitments of the company. It is a standard against which the performance of the company is measured. The report was based on the Morgan Sindall Company that is working in a constructing sector of the UK. The study contained the role of the shareholder in the business as it plays a crucial part in making financial decisions of the company. The Company performs its business morally and ethically, for this it uses high quality material for the construction purpose, paid fair remuneration to its workers for rendering their services. The strong leadership and corporate governance enhance the reputation of the business. With effective leadership the company able to complete the project on time while giving appropriate guidance to its workers. The corporate governance assists the company in making right decisions. The study covered the professional bodies including RIBA and CIOB and its code of conduct that include transparency with working members. The standards set by this bodies followed by the company as it give guidance to company to work with integrity and competence. It highlighted the code of conduct of the Morgan Sindall as it work environmental friendly manner, follow human right policy.

References

Books and Journals

• Adah, C.A., 2020. A Review of Unethical Practices among Construction Professionals and Measures to curb them. Kad. State Univ. Environ. Sci. J, 1, pp.30-39.
• Ahmed, R., Philbin, S.P. and Cheema, F.E.A., 2021. Systematic literature review of project manager's leadership competencies. Engineering, Construction and Architectural Management, 28(1), pp.1-30.
• Allen, D.W. and Berg, C., 2020. Blockchain governance: what we can learn from the economics of corporate governance. Allen, DWE and Berg, C (Forthcoming)‘Blockchain Governance: What can we Learn from the Economics of Corporate Governance.
• Braga, B.M., de Camargo Oliva, E., de Miranda Kubo, E.K., McKenna, S., Richardson, J. and Wales, T., 2021. An institutional approach to ethical human resource management practice: Comparing Brazil, Colombia and the UK. Journal of business ethics, 169, pp.57-76.
• Cannon, T. (2012) Corporate Responsibility: Governance, Compliance and Ethics in a Sustainable Environment, 2nd Edition, Pearson
• Cheung, C.M. and Zhang, R.P., 2020. How organizational support can cultivate a multilevel safety climate in the construction industry. Journal of Management in Engineering, 36(3), p.04020014.
• CIOB (The Chartered Institute of Building) (2014) Code of Practice for Project Management for Construction and Development, 5th Edition, Wiley-Blackwell
• Collinge, W., 2020. Stakeholder engagement in construction: Exploring corporate social responsibility, ethical behaviors, and practices. Journal of construction engineering and management, 146(3), p.04020003.
• De Costa, M.F.S. and Hassan, M.A.M., 2020. Understanding the Concept of Riba and the Measurement of Riba-based Components of Shariah-compliant Securities in Malaysia. Asian Journal of Research in Education and Social Sciences, 2(2), pp.141-148.
• Goel, A., Ganesh, L.S. and Kaur, A., 2020. Project management for social good: A conceptual framework and research agenda for socially sustainable construction project management. International journal of managing projects in business, 13(4), pp.695-726.
• Hou, S., Patterson, J., Tallent, E., Morewood, J., Perisoglou, E. and Ionas, M., 2023. Investigation of architects’ needs for upskilling to enable efficient and effective whole house systems-based retrofit in the UK.
• Levine, S.B. and Courtois, C.A., 2021. Boundaries and ethics of professional conduct.
• Lima, L., Trindade, E., Alencar, L., Alencar, M. and Silva, L., 2021. Sustainability in the construction industry: A systematic review of the literature. Journal of Cleaner Production, 289, p.125730.
• Sakawa, H. and Watanabel, N., 2020. Institutional ownership and firm performance under stakeholder-oriented corporate governance. Sustainability, 12(3), p.1021.
• SE, D., 2022. Code of Conduct. Americas, 503, p.77871132.
• Small, C. and Lew, C., 2021. Mindfulness, moral reasoning and responsibility: Towards virtue in ethical decision-making. Journal of Business Ethics, 169, pp.103-117.
• Taylor, M.B., 2020. Human rights due diligence in theory and practice. In Research handbook on human rights and business (pp. 88-107). Edward Elgar Publishing.
• Watts, G. and Watts, N., 2021. CPD in the Built Environment. Routledge.

Online

• Morgan Sindall Group plc. 2024. Online. Available through: < https://d3s3eeezfmyz8l.cloudfront.net/pdfs/MorganSindall_2022_Modern_Slavery_230511.pdf>
• Code of Conduct and Ethics.2024.Online.Available Through:< https://www.cipd.org/uk/membership/professional-standards/code-of-conduct/>