This code was adopted by AIM under the rules and regulations set out in its constitution.
AIM Members should:
- At all times discharge allotted and accepted responsibilities as a manager with integrity and observe those standards prescribed in the Guides to Good Management Practice determined from time to time by the Australian Institute of Management.
- Not misuse authority or office for personal gain.
- Comply with the laws of Australia and operate within the spirit of those laws.
- So order personal conduct as to uphold and not to injure the standing and reputation of the Australian Institute of Management.
Guides to Good Management Practice
The Manager - The Person
Managers have personal responsibilities, and should:
- Demonstrate integrity and humanity and observe the principles of the UN Declaration of Human Rights avoiding all discriminatory practices including those relating to race, sex, religion and politics.
- Have regard for the interests of society in acting loyally and honestly in carrying out the policies of the organisation.
- Not injure or attempt to injure, maliciously or recklessly, directly or indirectly, the professional reputation of others.
- Respect the confidentiality of information which comes to them in the course of their duties.
- Engage in continued learning to improve managerial competence and pursue new ideas and advances in technology.
- Accept only such work as they believe they are competent to perform and as necessary obtain expert advice.
- To respect the codes of other institutes and associations relevant to their responsibilities.
- When called upon to give a professional opinion, do so objectively as possible.
The Manager and the Organisation
Managers should take the appropriate actions to achieve the objectives of the organisation. These actions should include:
- The effective and economic management of all available resources.
- The appointment, training, and development of employees, seeking to integrate their aspirations with the requirements of the organisation.
- The creation of a humane, safe, healthy and satisfying working environment.
- The development of effective communications, understandings and cooperation between all employees at all levels.
- The practice of delegation of authority wherever possible and the acceptance of responsibility for the work of subordinates.
- The fair and equitable treatment of employees.
- The frequent review of management objectives.
The Manager and the Community
Managers should recognise the interests of the community and act accordingly. This recognition should include:
- Making every endeavour to conserve the environment, balancing the rights of future generations with current economic needs.
- Preserving and, wherever possible, improving the quality of life within the organisation's sphere of influence.
- Promoting the development of further understanding in society of the role and place of the business community.
- Ensuring that all contracts and terms of business are clear, concise and honoured in full, unless terminated or modified by mutual consent.
- The exclusion of corrupt practices.
- Respecting cultural and moral standards and the dignity of the individual.
- Participating in public affairs, utilising professional capacity.