Normally, individuals and institutions develop codes of ethics for their personal and professional lives to promote harmonious and acceptable behavior within their respective environments. Although a number of approaches to developing codes of ethics are available, the underpinning rule demands all standards of ethics to ensure clarity and objectivity in the values and principles, plainly indicating the implementation and monitoring plan, and a plan for periodical ethical auditing.For an individual or organization to succeed in a personal or professional world, there is a need to put in place a concrete statement that determines the values and principles that party cherishes. These values include personal integrity, responsibility, honesty, excellence, and respect. These values have proved to be effective as far as both personal and career advancements are concerned. – Personal integrity – one needs to engage in constructive behavior that has the benefit of enhancing individual or organization’s image. In order to ensure personal integrity, an individual should always build their reputation and avoid any behavior that questions one’s credibility. – Responsibility – to conduct one’s self in a wise manner that attracts dependence and opportunities. Responsibility calls for accountability in every undertaking.-Honesty – ensures credibility and trustworthiness in all endeavors and consequently leading to more opportunities towards honest persons. Excellence – This means always aiming for the best quality in productivity and output in school or professional lifestyle in accordance with the prevailing evaluation criteria. Since this is a continuous process, a person can undergo a continuous process of perfection, as there is no limit to this principle. Respect – it implies obey prevailing regulations, all stakeholders, and third parties. By being respectful at all times, one earns respect and integrity that in turn that helps in boosting their ethical perception. Through responsible upbringing, most parents have been able to instill these crucial values into the systems of their young ones through constant guidance and correction. This forms the basis of ethical development as high ethical values and good morals begin from as early as during the childhood years of a given person. Individuals can acquire ethical principles from learning activities at school or while attending religious teachings where they inculcate a myriad of moral teachings that over the years form their ethical standards. Various approaches through which parents, mentors, teachers, role models, and guardians impart the ethical values exist with the one commonly used by parents at home being the end-based approach. This method involves evaluation of the benefits or otherwise consequences of a particular course of to the family members or the public. Through understanding the consequences, individuals especially the children can reconsider their actions thereby shaping their own ethical principles (Hatcher Aragon, 2000).