Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Managerial Ethics

3,250 views

Published on

Managerial Ethics

Published in: Business
  • Be the first to comment

Managerial Ethics

  1. 1. Chapter 2 Managerial Ethics 1
  2. 2. Society’s Expectations from Organizations and Managers <ul><li>Managers regularly make decisions about issues with a social dimension </li></ul><ul><li>In competitive environment, organizations cannot afford to be seen as socially irresponsible </li></ul>
  3. 3. Demonstrating Social Responsibility <ul><li>Social responsibility </li></ul><ul><li>Social obligation </li></ul><ul><li>Social responsiveness </li></ul>
  4. 4. Relationship Between Social Responsibility and Economic Performance <ul><li>Research studies show positive relationship </li></ul><ul><li>General public perception that companies who behave in a socially responsible way have better business performance </li></ul>
  5. 5. Managers Becoming More Socially Responsible <ul><li>It is the collective behaviour and actions of managers that make a company socially responsible </li></ul><ul><li>Managers who make the right decisions are described as being or behaving ethically </li></ul>
  6. 6. Managerial Ethics <ul><li>Ethics </li></ul><ul><ul><li>Rules and principles that define right and wrong conduct </li></ul></ul><ul><li>Three Views of Ethics </li></ul><ul><ul><li>Utilitarian view - ethical decisions are made on the basis of their outcomes or consequences </li></ul></ul><ul><li> (continued) </li></ul>
  7. 7. Managerial Ethics (continued) <ul><li>Three Views of Ethics (continued) </li></ul><ul><ul><li>Rights view - respects and protects individual liberties and privileges </li></ul></ul><ul><ul><li>Theory of justice view - managers impose and enforce rules fairly and impartially </li></ul></ul>
  8. 8. Values <ul><li>Basic convictions about what is right and wrong </li></ul><ul><li>Influence ethical behaviour </li></ul><ul><li>Values are developed in early years </li></ul>
  9. 9. Organizational Factors That Affect Ethical And Unethical Behaviour Moderators Organizational Culture Structural Variables Robbins et al., Fundamentals of Management, 4th Canadian Edition ©2005 Pearson Education Canada, Inc. 03 Pearson Education Canada Inc. 9 Ethical/Unethical Behaviour
  10. 10. Managers Improving Ethical Behaviour <ul><li>Hire individuals with high ethical standards </li></ul><ul><li>Establish codes of ethics and decision rules </li></ul><ul><li>Lead by example </li></ul><ul><li> (continued) </li></ul>
  11. 11. Managers Improving Ethical Behaviour (continued) <ul><li>Delineate job goals and performance review mechanisms </li></ul><ul><li>Provide ethics training </li></ul><ul><li>Conduct social audits </li></ul><ul><li>Provide support to individuals facing ethical dilemmas </li></ul>
  12. 12. Code of Ethics <ul><li>Formal statement of an organization’s primary values and ethical rules it expects employees to follow </li></ul><ul><li>Usually written </li></ul><ul><li>Must state in detail acceptable behaviours and actions </li></ul>

×