management ethics , managerial ethics

2. • Ethics
• Managerial ethics
• Types of Managerial ethics
• Improving ethical behavior
• Ethical leadership
• Factor shaping ethics in
organizations
• Ethical decision making
• Ethical decision making process

3. • An area of study that deals with ideas about what
is good and bad behavior and with moral duty and
obligation
• The rules and principles that define right and
wrong conduct
• It refers to well-founded standards of right and
wrong that prescribe what humans ought to do.

4. • Management ethics is the ethical treatment of
employees, stockholders, owners and the public by
a company.
• It is the study of standards of business behavior
which promote human welfare and the good
• Ethics in the workplaces helps ensure that when
leaders and managers are struggling in times of
crises and confusion, they retain a strong moral
compass.

5. • Managerial ethics is a set of principles and rules
dictated by upper management that define what
is right and what is wrong in an organization.
• It is the guideline that helps direct a lower
manager's decisions in the scope of his or her job
when a conflict of values is presented.

6. Three Types of Management Ethics
• Immoral Management- A style devoid of ethical principles and
active opposition to what is ethical.
• Moral Management- Conforms to high standards of ethical
behavior.
• Amoral Management-
Intentional - does not consider ethical factors
Unintentional - casual or careless about ethical considerations
in business

8. • Hire individuals with high ethical standards
• Establish codes of ethics and decision rules
• Lead by example
• Provide ethics training
• Conduct social audits
• Provide support for individuals facing ethical
dilemmas.

9. Managers must provide a good role model by:
 Being ethical and honest at all times.
 Telling the truth; don’t hide or manipulate information.
 Admitting failure and not trying to cover it up.
 Communicating shared ethical values to employees
through symbols, stories, and slogans.
 Rewarding employees who behave ethically and punish
those who do not.
 Protecting employees who bring to light unethical
behaviors or raise ethical issues.

10. Is decision/ behavior
ethical socially
responsible ??
PERSONAL ETHICS
Beliefs & values
Moral development
Ethical framework
ORGANISATIONAL
CULTURE
Rituals , ceremonies ,
stories , languages ,
slogans , symbols , history
ORGANISATIONAL
SYSTEMS
Structure , policies , rules ,
code of ethics , reward
system , selection etc.
Forces shaping ethical decision making in organizations

11. • Ethical decision-making refers to the process of
evaluating and choosing among alternatives in a
manner consistent with ethical principles.
• In making ethical decisions, it is necessary to
perceive and eliminate unethical options and select
the best ethical alternative.

13. • Honesty
• Loyalty
• Integrity
• Keeping your promises
• Fair
• Caring
• Respect
• Obeying the law
• Excellence
• Being a leader
• Morale
• Accountable