Ethics Final Ppt


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Ethics Final Ppt

  1. 1. Presentation On Role of Ethics Prepared By: Amit Sethi Jasvir Singh Hardeep Kaur Konal Bansal
  2. 2. Be sure you are right, then go ahead. Davy Crockett 1786-1836
  3. 4. Do you think that there is Importance of Ethics in Continuing to Work for Employer The ethics resource centre conducted the National Ethics Survey of 1500 US employees to gather data on key ethics so as to understand the ethic issues that are important to employees.
  4. 5. Have you observed misconduct in the Workplace? Yes, it prevails
  5. 6. ETHICS <ul><li>Dictionary meaning – “system of moral principles, rules and conduct.” </li></ul><ul><li>The origin of this word is from ETHOS which mean Character. </li></ul><ul><li>Ethics is defined as the ability to distinguish between right and wrong and to act accordingly. </li></ul>
  6. 7. From Where the Ethics Comes <ul><li>Religions </li></ul><ul><li>Environment </li></ul><ul><li>Parents and Teachers </li></ul>
  7. 8. &quot;We Will Not Lie, Steal Or Cheat, Nor Tolerate Among Us Anyone Who Does&quot; -- Which do you think is the harder part: Line 1 or Line 2? Why? Educational Institutions have established ethics codes for their students, e.g. the U.S. Air Force Academy:
  8. 9. Can ethics be taught? Teddy Roosevelt said, “To educate a person in mind and not in morals is to educate a menace to society.”
  9. 10. Whether we derive a code of ethics from religious beliefs, a study of history and literature, or personal experience and observation: We can all agree upon some basic values.
  10. 11. Perception of countries as least/ most corrupt <ul><li>Least Corrupt countries </li></ul><ul><li>Finland </li></ul><ul><li>Denmark </li></ul><ul><li>New Zealand </li></ul><ul><li>Iceland </li></ul><ul><li>Singapore </li></ul><ul><li>Canada </li></ul><ul><li>UK </li></ul><ul><li>Most Corrupt countries </li></ul><ul><li>Bangladesh </li></ul><ul><li>India </li></ul><ul><li>Nigeria </li></ul><ul><li>Kenya </li></ul><ul><li>Indonesia </li></ul>
  11. 12. Swami Vivekananda View’s On Ethics <ul><li>The basis of Indian Subjectivity lies in the belief of GOD. </li></ul><ul><li>Supreme Oneness is the rationale of All ethics and Morality. </li></ul><ul><li>He suggested Fundamental Law of ethics </li></ul><ul><li>‘ Do not injure others, love everyone as your own self because the whole Universe is One. </li></ul>
  12. 13. <ul><li>Ethics is degree of faith in Oneself </li></ul><ul><li>Ethics is essentially a matter of concern of inner contents of Individual </li></ul><ul><li>Ethical Person is the person of Integrity and character who brings the same for the Organization. </li></ul>
  13. 14. Ethical Learning From Bhagawad Geeta <ul><li>Bhagawad Geeta is the message of Lord given to his friend Arjun, there was fight of Evil and Unethical between Kauravs and Pandavas. </li></ul><ul><li>The work or karmas is driving force of the life and this work has to be ethical. </li></ul><ul><li>Managers who resort to unethical means to grab the immediate results are successful only for short time like Dhuryoddan </li></ul>
  14. 15. <ul><li>The lord advices that One is born into this life to play his part and whatever the role is assigned to human, one has to perform his prescribed duties with the utmost devotion, sincerity and humility. </li></ul><ul><li>The distinction is to be made between ethical Work, work which is useless and work which is downright immoral. </li></ul><ul><li>If people feel that the organization which they are working is unethical, they are caught in more dilemma like Karna faced in fight </li></ul>
  15. 16. Requirements for Ethics In Organization <ul><li>Clear Vision </li></ul><ul><li>Open Communication </li></ul><ul><li>Ethical Teams </li></ul><ul><li>Commitment to ethics </li></ul>
  16. 18. Business ethics- Application of ethical principles and methods of analysis to business . . Ethical issues Overt Covert
  17. 19. Ethical Decisions <ul><li>Equitable (Justice to all) </li></ul><ul><li>Morally correct </li></ul><ul><li>Good & fair </li></ul><ul><li>Appropriate to situation (Wipro Case) </li></ul>
  18. 20. Who is responsible for Creating Ethics in an Organization <ul><li>The creation of an ethical organizational culture resides with leaders and followers; leadership by nature demands that leaders be the front runners in establishing an ethical organizational culture </li></ul>
  19. 21. Managing Ethics In Business <ul><li>Top Management </li></ul><ul><li>Code of Ethics </li></ul><ul><li>Ethics Committees </li></ul><ul><li>Ethics Training Programs </li></ul><ul><li>Ethics and Law </li></ul>
  20. 22. Importance of Ethics in Business <ul><li>Ethics corresponds to basis human needs </li></ul><ul><li>It creates credibility with the public </li></ul><ul><li>It gives management credibility with the employees </li></ul><ul><li>It helps in better decision making </li></ul><ul><li>Law cannot protect society, but ethics can. </li></ul>
  21. 23. The Other Side of Ethics
  22. 24. British Airways Vs Virgin Airlines <ul><li>BA’s framed a baseless story that In Night Club of Richard Branson there were HIV infected needles were found. </li></ul><ul><li>They also hacked the Virgin Reservation Software, called the customers and told them flights have been cancelled and switched them to British Airways. </li></ul>
  23. 25. Other cases <ul><li>Mumbai based Tata VSNL employee was caught while leaking information to competitor </li></ul><ul><li>Gillette engineer who led the Razor blade was also supplying the important details to its competitors </li></ul><ul><li>Real Life Case of Reliance Life Insurance and SAMSUNG </li></ul><ul><li>Satyam Case </li></ul>
  24. 26. Coca Cola and Pepsi
  25. 27. Expert Opinion- Prof Varun Arya (A member of IIM-Ahd Governing Society) <ul><li>He said “ In India, you can not just grow unless you compromise:” </li></ul><ul><li>There is rampant corruption here and all the shortcuts and unfair means are correct. </li></ul><ul><li>Most of the top corporates have set of designed values but hardly any of them walk their talk. </li></ul><ul><li>Its not only in India but in world also. </li></ul>
  26. 28. Conclusion <ul><li>In order to Win the game, you need to plan. To plan, information is imperative. Get it through legal and ethical means. It’s fact that to win consistently, you need to play by rules. In life, play hard and play fair. </li></ul><ul><li>In life and Business, </li></ul><ul><li>Ethical Standard Must be Set, </li></ul><ul><li>Ethical Standard Must be Met. </li></ul>