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More handpicked essays just for you.
Relevance of ethical decision making in business
The impact of ethical decision making
THE IMPORTANCE OF ETHICAL BEHAVIOR in the workplace
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Recommended: Relevance of ethical decision making in business
Throughout your life, you’ll face tough decisions where you'll have to decide possibly against your ethical beliefs. Ethics don’t necessarily always have to involve law abiding. It’s rather about trusting your moral path and doing the right thing. Dori Meinert is the author of “Creating an Ethical Workplace” she explains the thought behind the never black or white decision making when it comes to businesses. Can businesses truly trust those individuals hired to steer their companies? It was mentioned that last year 41 percent of U.S. workers said they observed unethical or illegal misconduct on the job, according to the Ethics Resource Center's 2013 National Business Ethics Survey. Meinert’s article was not only eye-opening but very truthful since we’ve all been faced or witnessed unethical decision making. Once employees see individuals breaking the rules and regulations others will then think it's okay, which could result in employees leaving or major hoops for companies to jump through. When we tolerate misconduct we lower productivity and diminish the reputation of a company. Meinert mentioned that if …show more content…
Holly Nowak’s take on how HR professionals have the ability to influence their company's ethics and play a leading role in development is 100% correct. HR professions have the resources to mold and shape an ethical workplace culture because their involvement in hiring, training and evaluating employees allows them to influence their organizations at many levels. Currently, in my role as a Resident Director, I’ve had to make many ethical decisions. My decisions aren't surrounding money but instead students well-being. It’s important to know how my decisions might affect the individual and the community. So from an HR standpoint making sure you hire individuals or train individuals to think and realized what's wrong and right in situations is
In the movie, The Man in the Gray Flannel Suit, Tom Rath (Gregory Peck) did not exhibit the attributes of William Whyte's organization man. Whyte argued that American business life had abandoned the old virtues of self-reliance in favor of loyalty to the postwar corporation. Corporate life was unfulfilling because its routine and organizational structure robbed men of their identities and the self-fulfillment they previously gained from manual work or jobs in smaller businesses. As the title suggests, men donned suits, becoming indistinguishable from one another, and conformed to this lifestyle. As the protagonist, Tom, said in the movie, "All I could see was a lot of bright young men in grey flannel suits rushing around New York in a frantic parade to nowhere." This paper will prove that Tom's reliance on his own thinking style created tension for his organizational life at UBC.
More and more people are holding businesses to a higher ethical accountability. A companies decisions effect its employees, costumers the environment, and even the community, so decisions should not be taken lightly. It also becoming more obvious that managers feel that trustworthy employees with good worth ethics are an intangible asset to their company. Managers will not receive such employees if they do not have high ethical and moral standards themselves. I think that people ultimately want ethics that will produce a productive and honest workforce that also increases profits.
The Ins and Outs of Ethics is a Business Week Online magazine article from May 13, 2001, it was written by Eric Wahlgren. In the article he interviews Michael Rion, the author of The Responsible Manager. Rion is also a leading business ethics advisor who consults many Standard and Poor’s 500 companies. In the article Wahlgren asks Rion why it is important for businesses to have a high ethical standard. In his responses, Rion explains that effective organizations utilize ethics programs to clearly define ethical expectations, resolve ethical issues quickly, and to remove moral constraints. Additionally, employees who understand how to deal with ethical dilemmas will also be more productive and have strong core values to guide them. According to scripture, Rions concepts are biblically sound, relevant, and desirable, proving that ethical organizational behavior is shaped and influenced by sound ethical principles.
The movie “Glengarry Glen Ross” presented a series of ethical dilemmas that surround a group of salesmen working for a real estate company. The value of business ethics was clearly undermined and ignored in the movie as the salesmen find alternatives to keep their jobs. The movie is very effective in illustrating how unethical business practices can easily exist in the business world. Most of the time, unethical business practices remain strong in the business world because of the culture that exists within companies. In this film, the sudden demands from management forced employees to become irrational and commit unethical business practices. In fear of losing their jobs, employees were pressured to increase sales despite possible ethical ramifications. From the film, it is right to conclude that a business transaction should only be executed after all legal and ethical ramifications have been considered; and also if it will be determined legal and ethical to society.
Their organizational initiatives are often self-serving; however, the emerging workforce isn’t motivated by selfish managers. This selfish behavior often turns into unethical conduct. Unethical dealings in the workplace are always wrong. It is crucial to promote ethical behavior. Everyone must understand that once caught, unethical behavior is not just a problem for those directly involved, it is everyone’s problem.
In Module 1, Kindred Todd faced quite a few ethical dilemmas that included her values and technical ineptness. The first predicament was tested her personal morals and ethics. According to, Cumming and Worley, OD practitioners are dealing more and more with value conflicts with powerful outside groups (Cummings & Worley, 2008). Kindred was immediately faced with the issue of knowing what was ethically correct but being told the unethical approach was the best in order to benefit the client and her job security. Although compromising is one of the many skills of organization developers there are still morals that should be followed on each assignment. Kindred, know that deceiving the clients was unethical, took the first step to working on behalf of the client and immediately involved her superior, Larry, to resolve a potential conflict In the project. While her actions went in vain when she told her boss to remove her from the project and provide the client with a more qualified resource, Kindred did what she thought to be the best approach.
An important step of the worker employing this skill is to allow for an exchange pf questions and answers. The worker may even have to provide examples of concerns she is equipped to address.
This Code also contains guidelines to assist employees and directors in acting and making decisions on behalf of Knox consistent with these standards and avoiding conflicts of interests. No guidelines can be all-inclusive, however, responsibility for proper conduct rests with each Employee and Director. If you are faced with making a difficult decision or have questions about the applicability of the Code, you are encouraged to discuss the matter with your supervisor.
Furthermore, ethical conflict often arises in the workplace and creates ethical dilemmas due to conflicts between personal interest and professional duties. Business professionals are required to balance the conflicting pressures of the corporate world with the need to act with integrity (ATT Ethics, 2013). This means they have to be truthful and honest in their professional duties and they have to benefit without exploiting others. They are challenged to remain professional by protecting the interests of the clients and the public, above considerations of self interest during ethical dilemmas (Duska, Duska & Ragatz, 2011). Accountants have ethical responsibilities to themselves, their clients, their employers, their families and their profession as their profession allows them to maintain a fiduciary relationship with the public (Senarante, 2011). These responsibilities are set out in the codes of conduct and the policies of businesses. The Accounting Professional and Ethical Standards Board (APESB110) addresses the potential ethical conflicting threats that occur in the workplace and the safeguards that can be applied to resolve them. The APES encourages members to act in the public interest and it also establishes a framework that requires members to identify, evaluate and address threats in
Unethical business practices can be exposed to an individual. One may get what they want no matter what the consequences are. An individual may not believe in hard work, dedication, and the ethical way to reach success. This raises a concern on work ethics in future businesses in
Cascio (2016) stated "Ethical behavior is not governed by hard-and-fast rules. Rather, it adapts and changes in response to social norms. This is nowhere more obvious than in human resource management" (p. 574). There are also many potential ethical issues which organizations may face when operating a manufacturing plant in the United States. Some of the issues organizations may face could include working conditions for employees, obtaining employee information, preferential treatment, as well as establishing ethical policies and procedures for employees to follow. It is important that the organization is ethical in it 's practices because many times employees will follow by that example.
Ethics can have a big influence on decision-making in the workplace. Ethical behavior in the workplace is behavior that is accepted as morally right, rather than wrong. Unethical behavior can be considered illegal, or merely against the norms of society. Employees encounter ethical decisions every day in the workplace, whether they realize it or not. A cashier must make a decision on whether or not it is ethically or morally right to steal money from the cash register, or even merchandise. A retail store owner must make a decision on what is a reasonable price to charge a trusting customer. A CEO must decide how to use all the power he or she possesses.
Ethics and moral values-based problems in the workplace are difficult to handle when workers have to choose between what’s right and what’s wrong according to their own ethics. Advancing rational managers who implement office ethics rules is generally well-set for the probable conflicts of attention that arise due to the variety of judgment, ethics and nation in the workforce. At the same time, handling ethical cases in the office involves a stable and cautious tactic to matters which can hypothetically be hazardous. According to Lattal and Clark (2007), there are performances that each of us can do to give to a “stronger ethical workplace”, that means person representative behaviors deemed ethical. Employees’ Critic managers Primarily by Three Aspects – the complete personality of their managers as skilled through individual dealings; how eldest bosses handle emergencies; and the rules and actions adopted by senior managers to accomplish the corporation.
Ethics in the workplace is a very important thing to have. Without a sense of ethicality in the workplace there are many things that could go wrong. You could even end up losing a job because of a lack of ethics, or other consequences could be felt due to a lack of caring or morality. The workplace is a place that you should show respect and dignity, and a deeper sense of ethics is very important in order to uphold these senses of morality. Workplace ethics, which include such things as behavior, integrity, commitment, teamwork, and other things, are important, if not required, in most workplaces and can help to improve performance and morale for workers and employers.
Ethics is the responsibility of each individual person, but starts with the CEO and the Board of Directors, setting the right tone at the top and moves down through the organization, including setting the tone in the middle. A company’s culture and ethic standards start at the top, not from the bottom. Employees will almost always behave in the manner that they think management expects them, and it is foolish for management to pretend otherwise (Scudder). One of the CEO’s most important jobs is to create, foster, and communicate the culture of the organization. Wrongdoings or improper behavior rarely occurs in a void, leaders typically know when someone is compromising the company