this Presentation is on ethical dilemmas
the ethical dilemmas in Asian paints
the following points includes details -
Introduction
Company Profile
Ethical Dilemmas
Conclusion
1. Ethical dilemmas at Workplace
CAREER POINT UNIVERSITY
Submitted to :
Professor Mobina Akthar
School of commerce and management
Submitted by:
Krishna Chetiwal (K13836)
Tanmay Khatri (K13838)
Bhupen Sharma (K13322)
Yamini Kahaliya (K13341)
3. Introduction:
Asian Paints is India’s largest paint company
It is ranked among the top 10 decorative coatings
companies in the world.
Turnover of INR 7750 crores.
Asian Paints along with its subsidiaries have
operations in 17 countries across the world.
It consist of 23 paint manufacturing facilities.
4. Company Profile:
Company Name Asian Paints
Type Public ltd.
Industry Paint.
Founded 1942
Head Quarters Mumbai, India.
Key People Mr. P.M.Murty CEO & MD
Workforce 4700
Website www.asianpaints.com
5.
6. STRUCTURE OF ETHICAL DILEMMAS:
Either Doing what is
morally right
Results in
Bad outcome or bad
effects
Or
Doing what is
morally wrong
Results in Good or at least better
effects or outcome
7. Ethical Dilemmas
Meaning :-
• An ethical dilemma is a complex situation that often
involves an apparent mental conflict between moral
imperatives, in which to obey one would result in
transgressing another.
To resolve ethical dilemmas ask three questions:
o Utility : Does its benefits exceed cost (shareholder)?
o Rights : Does it respect human rights (society)?
o Justice : Does it contribute benefits and burdens evenly
(employees)?
8. Reasons for Ethical Dilemmas:
Failures of personal character.
Conflicts of personal values and
organisational goals.
Organisational goals v/s social values.
Hazardous , but popular products.
9.
10. 3 checks before solving ethical
dilemma:
Whether the dilemma is absolute or approximate?
Whether the dilemma is professional or personal?
What values, morals and ethics are involved?
11. Ethical Dilemmas are:
Power & Authority
• The power and authority comes with responsibility ,
thus sometimes it becomes very difficult for a person
to choose what to do or what not to do according to his
/ her power and authority.
12. Trust
Trust once broken cannot be healed back, in a
business organization and also in life every work is
made possible based on trust, some trust is showed
by employer on employees, some by boss on
managers and likewise, without trust nothing is
possible, but the problem arise when the trust is
breaked that whether it should be made in future or
not? Will it be right or wrong? For both organisation
and ownself?
13. Secrecy
A trade secrecy is a formula, practice, process, design,
instrument, pattern, commercial method, or
compilation of information not generally known or
reasonably ascertainable by others by which a business
can obtain an economic advantage over competitors and
customers.
When any person related with business in any situation
where he is in complete position to leak the secrecy to
outsider for some benefit, there arises an ethical
dilemma that whether to do this practice or not, one side
its harmful for organisation and on the other side its is
beneficial for personal interest.
14. Confidentiality
Confidentiality is important to maintain privacy,
security and trust in personal and professional
relationships. Confidentiality is valued and expected in
any situation where sensitive information is accessed or
shared.
In case of employment certain employees will have
access to confidential information related to research,
WPI owned property, research subjects, they are
expected to respect the confidentiality and not to
disclose unless authorised, this also leads to an ethical
dilemma whether to disclose or not?
15. Loyalty
The employee’s willingness to sacrifice income, leisure time,
personal relationships, family responsibilities and general life
aspirations in the name of the organisation. The loyal
employee sticks with the company instead of looking for
work elsewhere, especially during economic boom when jobs
are plentiful and moving on is easy.
3 degrees of loyalty:
Obedience loyalty
Balanced loyalty
Free agency
The decision whether to break the loyalty or not in different
situations is an ethical dilemma for employees.
16. Conclusion:
It can be concluded that every business organization as
a whole has to face ethical dilemmas while practicing
ethics in its workings, ethical dilemma simply creates a
situation in front of an individual that whether it will
be right to do something or not, whether he / she
should do it or not , while making this decision many
considerations are made like what is the problem,
whom it is related with i.e. personal or professional,
what all values and morals are involved in that
situation.