Ethical Responsibilities
The Ethical Responsibilities Required of You as a Manager
ethical dilemma: situation in which you have to decide whether to pursue a course of action that may benefit you or your organization but that is unethical or even illegal
- may also be a situation in which there’s a choice to be made between two options, neither of which resolves the situation in an ethically acceptable fashion
- ex: taking credit for others work
- offering a client a worse product for your own profit
- 4 types:
- truth vs loyalty
- short vs long-term
- individual vs community
- justice vs mercy
Defining Ethics and Values
- ethics: standards of right and wrong that influence behavior
- may vary among countries and cultures
- values: relatively permanent and deeply held underlying beliefs and attitudes that help determine a person’s behavior
Conflicting Values
organizations may have 2 value systems that conflict
value system stressing financial performance
vs
value system stressing cohesion and solidarity in employee relationships
Four Approaches to Deciding Ethical Dilemmas
- utilitarian approach:
- guided by what will result in the “greatest good for the greatest number of people”
- often associated with financial performance
- based on philosophy of Classical Utilitarianism: Jeremy Bentham and John Stuart Mill
- individual approach:
- guided by what will result in individuals best long term interests, which ultimately is in everyone’s self-interest
- assumes that people will act ethically in the short run to avoid harm in the long run
- moral rights approach:
- guided by respect for the fundamental rights of human beings: the right to life, liberty, privacy, health, safety, and due process
- justice approach:
- guided by respect to impartial standards of fairness
- policies administered impartially and fairly regardless of gender, age, religious affiliation, sexual orientation