Ethics

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epmeyer32

Business Spiritual

EXPECT THE UNEXPECTED: CapsimETX NOT FOR DISTRIBUTION – PROPRIETARY

Anticipate the success drivers and identify vulnerabilities Past History and Trends Potential Discontinuities Predetermined Developments Critical Uncertainties Scenario Planning Trade-off Analysis Impact Analysis Risk Assessment Traditional analysis stops here ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Evolving Future Competitor Actions Customer Response Fatal Surprises Unexpected Friction STRATEGIC INPUTS STRATEGY DEVELOPMENT SELECTED STRATEGY The traditional strategy development and planning has shortcomings Dynamic Strategic Simulations NOT FOR DISTRIBUTION – PROPRIETARY

Preview: CapsimETX will enhance business learning experience ,[object Object],[object Object],[object Object],[object Object],1 2 3 5 4 NOT FOR DISTRIBUTION – PROPRIETARY Facts: Obtain the facts from each issue Issue(s) : Identify the ethical dilemma Recognize Ethical Dilemma & Facts Stakeholders: Who has an interest? What are their motivations? How much power (influence on your company) does each hold. Rate the stakeholders and identify the core stakeholders that can influence your company Impact of alternatives on each stakeholder: Assess potential impacts on your company PLUS benefits/harms, rights/wrongs. Additional assistance Obtain guidance from ethical literature and commonly accepted standards, your instructor, or choose assignment Action: now what?: Team must make a selection. which will have an impact on your simulation. Monitor the outcomes

Capsim ETX connects participants effectively to their decisions Introduction to Capsim Business ETX Pre-Work “ Recognizing the Ethical Dilemma & Facts” Making a selection “ Identifying Stakeholders Business Ethics & Corporate Responsibility: A Primer by L.Hartman and P. Werhane, Institute for Business and Professional Ethics Decision Making – Per Issue Pre-Work Decision Making Business Impact Team Discussion ,[object Object],[object Object],[object Object],Capsim Business ETX relates decision to industry and company ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],No emotional commitment NOT FOR DISTRIBUTION – PROPRIETARY

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Ethics

1. EXPECT THE UNEXPECTED: CapsimETX NOT FOR DISTRIBUTION – PROPRIETARY

Ethics

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