Lecture Exploring management - Chapter 3: Ethics and social responsibility

After reading this chapter, you should be able to answer the following questions: How do ethics and ethical behavior play out in the workplace? How can we maintain high standards of ethical conduct? What should we know about the social responsibilities of organizations? | Chapter 3 Ethics and Social Responsibility Exploring Management Chapter 3 How do ethics and ethical behavior play out in the workplace? How can we maintain high standards of ethical conduct? What should we know about the social responsibilities of organizations? Recent history in the way of unethical behavior in major corporations and government agencies has made this topic a hot issue. 2 Ethics in the workplace Ethical behavior is values driven. What is considered ethical varies among moral reasoning approaches. What is considered ethical can vary across cultures. Ethical dilemmas arise as tests of personal ethics and values. People have tendencies to rationalize unethical behaviors. Ethical behavior changes over time. What may have been considered ethical fifty years ago, may be considered unethical today. 3 ethics in the workplace Ethical Behavior Ethics A code of moral principles that sets standards of good or bad, or right or wrong, in our conduct. Ethical Behavior That which is “right” or “good” in the context of governing moral code. Ethical behavior is value driven Because ethical behavior is value driven, it is a complex subject. What is ethical to one person may not be ethical to another. 4 ethics in the workplace Values Values Broad beliefs about what is appropriate behavior Terminal Values Preferences about desired end states Instrumental Values Preferences regarding the means to desired ends Values drive behavior. 5 Moral Reasoning Reasons for various ethical practices ethics in the workplace Moral Reasoning Here are four different views of determining whether something is right or wrong. Depending upon the circumstance, they may conflict. 6 Utilitarian View Which action delivers the most good to the largest amount of people? ethics in the workplace Moral Reasoning Utilitarian view weighs the cost and benefits of actions taken. The course of action that creates the most benefit for the most people is the right choice. 7 Individualism View Which . | Chapter 3 Ethics and Social Responsibility Exploring Management Chapter 3 How do ethics and ethical behavior play out in the workplace? How can we maintain high standards of ethical conduct? What should we know about the social responsibilities of organizations? Recent history in the way of unethical behavior in major corporations and government agencies has made this topic a hot issue. 2 Ethics in the workplace Ethical behavior is values driven. What is considered ethical varies among moral reasoning approaches. What is considered ethical can vary across cultures. Ethical dilemmas arise as tests of personal ethics and values. People have tendencies to rationalize unethical behaviors. Ethical behavior changes over time. What may have been considered ethical fifty years ago, may be considered unethical today. 3 ethics in the workplace Ethical Behavior Ethics A code of moral principles that sets standards of good or bad, or right or wrong, in our conduct. Ethical Behavior That which

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