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Managerial mischief.?Madsen and Shafritz, in their book "Essentials of Business Ethics"?(Penguin Books, 1990) further explain that?"managerial mischief" includes "illegal, unethical, or questionable practices of individual managers or organizations, as well as the causes of such behaviors and remedies to eradicate them." Moral mazes.?The other broad area of business ethics is "moral mazes of management" and includes the numerous ethical problems that managers must deal with on a daily basis, such as potential conflicts of interest, wrongful use of resources, mismanagement of contracts and agreements, etc.? Large organizations or publicly held companies often use corporate governance to promote?business?ethics?and?social?responsibility. This governance creates the framework of policies, procedures,?and?guidelines for all individuals financial invested in a company. Sometimes, an industry group can give awards to companies to promote a cause within a field of?business. Corporate?social?responsibility awards can be given by industry leaders to draw attention to or raise standards in a certain area of?social?responsibility.

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This model is not a process or technique - it's the character or personality of a good ethical organisation, (or manager or leader).

The society and/or situation. Short-term and long-term effects. 'The greater good' - the flip-side of the issue; i.e., what are the other options and their consequences - the costs or implications of the choices? Cultural issues. Issues of personal conscience - of those affected - beware of relying on your own ideas of 'faith' or 'belief' or 'what is right', because this will not be the view held by many people affected by your decision. You are not a god, nor an agent of a god. Religious influence and personal beliefs - of those affected, rather than the decision-makers, really, I cannot emphasise this enough. Religion is a subjective belief system. Your own religion is therefore not a basis for objective ethical decision-making. Informed enlightened educated and truly objective views. Majority views. Significant minority views. Unrepresented very small minority views. Suppliers Contractors Distributors Sales agents

Major areas of study in ethics include:

Many people are used to reading or hearing of the moral benefits of attention to business ethics. However, there are other types of benefits, as well. The following list describes various types of benefits from managing ethics in the workplace.

Real Objectivity for Ethics

P4 ethical leadership and management model

Meta-ethics, about the theoretical meaning and reference of moral propositions and how their?truth values?(if any) may be determined; Normative ethics, about the practical means of determining a moral course of action; Applied ethics, about how moral outcomes can be achieved in specific situations;

A business cannot claim to be ethical firm if it ignores unethical practices by its suppliers ? e.g.

Business ethics is more a matter of religion than management Our employees are ethical so we don't need attention to business ethics Business ethics is a discipline best led by philosophers, academics and theologians Business ethics is superfluous -- it only asserts the obvious: "do good!" Business ethics is a matter of the good guys preaching to the bad guys.? Business ethics in the new policeperson on the block Ethics can't be managed Business ethics and social responsibility are the same thing Our organization is not in trouble with the law, so we're ethical Managing ethics in the workplace has little practical relevance?

Conversely, and more importantly, very many legal activities and behaviours can be extremely unethical. For example, behaviours that are not necessarily unlawful but which are generally considered to be unethical to Western society would now typically include:

Pressure for businesses to act ethically

Ethics Training

Below is a modern model for management and leadership in the 21st century. It's an interpretation of the 'personality' of good ethical modern management and leadership. As such it's not a process or technique - it's an attempt to characterize good modern ethical management and leadership.

Business ethics is now a management discipline

Ethics involves learning what is right or wrong, and then doing the right thing -- but "the right thing" is not nearly as straightforward as conveyed in a great deal of business ethics literature.

Two Broad Areas of Business Ethics?

Purpose, People, Planet, Probity (or Purity or Principles).?The four cornerstones of sustainable success in any modern business venture,Abercrombie And Fitch, and a maxim for today's management and organisational philosophy. (Probity means honesty, uprightness - it's from the Latin word probus, meaning good). 'Purpose' is an apt replacement for 'Profit' and thus makes the acronym appropriate for use in not-for-profit organisations. Profit-focused corporations can of course substitute 'Profit' for 'Purpose'.

Business Ethics and Social Responsibility

Conclusion

An ethical business has to be concerned with the behaviour of all businesses that operate in the supply chain ? i.e.

(This P4 model is not to be confused with the traditional?Four P's of Marketing?which is a different thing. For attribution purposes this model was created by Alan Chapman and first published on this website in April 2006.)

Instead of trying to arrive at a standard or all-encompassing rule of what is ethical, it is helpful to illustrate the depth and variety of ethics through suitable examples. This is an extension of the ethical business investment items listed above, and goes into far greater detail of different behaviours which might often be regarded as unethical. The first category might seem obvious and clear-cut, and actually it's a reasonable starting point for the vast majority of ethical decisions, but this one point cannot be applied exclusively in assessing whether something is ethical or not:

Ethics, also known as?moral philosophy, is a branch of?philosophy?that involves systematizing,Ralph Lauren T Shirt, defending, and recommending concepts of right and wrong behavior.

Introduction

Dishonesty, withholding information, distortion of facts Misleading or confusing communications or positioning or advertising Manipulation of people's feelings Deception, trickery, kidology, rule-bending, fooling people Exploitation of weakness and vulnerability Excessive profit Greed Anything liable to harm or endanger people Breach of the Psychological Contract - the Psychological Contract represents trust and expectations between people in a relationship - notably within employer/employee relationships, extending to other organizational relationships too - (aside from?Psychological Contract?theory, specialised theory within?Transactional Analysis?helps explain this aspect of trust and expectations in human relationships) Avoidance of blame or penalty or payment of compensation for wrong-doing Inertia-based 'approvals' and 'agreements' (in which action proceeds unless objected to) Failing to consult and notify people affected by change Secrecy and lack of transparency and resistance to reasonable investigation Coercion or inducement Harming the environment or planet Unnecessary waste or consumption Invasion of privacy or anything causing privacy to be compromised Recklessness or irresponsible use of authority, power, reputation Nepotism (the appointment or preference of family members) Favouritism or decision-making based on ulterior motives (e.g., secret affiliations, deals, memberships, etc) Alienation or marginalisation of people or groups Conflict of interests (having a foot in two or more competing camps) Neglect of duty of care Betrayal of trust Breaking confidentiality Causing suffering of animals ?Bystanding' - failing to intervene or report wrong-doing within area of responsibility (this does not give licence to interfere anywhere and everywhere, which is itself unethical for various reasons) Unfairness Unkindness Lack of compassion and humanity

Benefits of Managing Ethics in the Workplace?

P4 (PPPP)

Business ethics has come to be considered a management discipline, especially since the birth of the social responsibility movement in the 1960s. In that decade, social awareness movements raised expectations of businesses to use their massive financial and social influence to address social problems such as poverty, crime, environmental protection, equal rights, public health and improving education. An increasing number of people asserted that because businesses were making a profit from using our country's resources, these businesses owed it to our country to work to improve society. Many researchers, business schools and managers have recognized this broader constituency, and in their planning and operations have replaced the word "stockholder" with "stakeholder," meaning to include employees, customers, suppliers and the wider community.?

The ethics program is essentially useless unless all staff members are trained about what it is, how it works and their roles in it. The nature of the system may invite suspicion if not handled openly and honestly. In addition, no matter how fair and up-to-date is a set of policies, the legal system will often interpret employee behavior (rather than written policies) as de facto policy. Therefore, all staff must be aware of and act in full accordance with policies and procedures (this is true, whether policies and procedures are for ethics programs or personnel management). This full accordance requires training about policies and procedures.

Traditional inward-looking management and leadership skills (which historically considered only the purpose - typically profit - and the methods for achieving it) are no longer sufficient for sustainable organisational success. Organisations have a far wider agenda today. Moreover, performance, behaviour and standards are transparent globally - the whole world can see and judge how leaders and organisations behave - and the modern leader must now lead with this global accountability.

Consumer action can also be positive ? supporting businesses with a strong ethical stance & record.? A good example of?this is Fair trade.

You'll find lots of examples of business ethical decisions and dilemmas in areas such as:

Businesses they consider to be unethical in some ways (e.g. animal furs) Business acting irresponsibly Businesses that use business practices they find unacceptable

Business ethics in the workplace is about prioritizing moral values for the workplace and ensuring behaviors are aligned with those values -- it's values management. Yet, myths abound about business ethics. Some of these myths arise from general confusion about the notion of ethics. Other myths arise from narrow or simplistic views of ethical dilemmas.

Business Ethics is the concept has come to mean various things to various people, but generally it's coming to know what it right or wrong in the workplace and doing what's right -- this is in regard to effects of products/services and in relationships with stakeholders. Wallace and Pekel explain that attention to business ethics is critical during times of fundamental change -- times much like those faced now by businesses, both nonprofit and for-profit. In times of fundamental change, values that were previously taken for granted are now strongly questioned. Many of these values are no longer followed. Consequently, there is no clear moral compass to guide leaders through complex dilemmas about what is right or wrong. Attention to ethics in the workplace sensitizes leaders and staff to how they should act. Perhaps most important, attention to 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. However, attention to business ethics provides numerous other benefits, as well.

Unethical behaviors, activities,coach factory outlet, policies, etc

Myths about Business Ethics?

Most of the above are subject to extent or degree, whereby serious extensive examples are more likely to be unethical than minor transgressions and negligible effects.

Attention to business ethics has substantially improved society.?????? Ethics programs help maintain a moral course in turbulent times Ethics programs cultivate strong teamwork Ethics programs support employee growth and meaning.? Ethics programs are an insurance policy -- they help ensure that policies are legal.? Ethics programs help avoid criminal acts?"of omission"?and can lower fines Ethics programs help manage values associated with quality management, strategic planning and diversity management -- this benefit needs far more attention.? Ethics programs promote a strong public image.? Overall benefits of ethics programs? Formal attention to ethics in the workplace is the right thing to do.

Businesses and industries increasingly find themselves facing?external pressure?to improve their ethical track record.? An interesting feature of the rise of consumer activism online has been increased scrutiny of business activities.

Workplace ethics set the standard for right and wrong, making policies more efficient and the workplace more orderly. Managing ethics in the workplace holds tremendous benefit for leaders and managers, benefits both moral and practical. This is particularly true today when it is critical to understand and manage highly diverse values in the workplace. However, today's training about business ethics in flawed. Above the contents are very useful to avoid from flawed of ethics,? if the organization could be followed.

Pressure groups are a good example of this. Pressure groups are external stakeholders they

The aim of all good modern organisations is to reconcile the?organisational purpose?(whether this be profit for shareholders, or cost-effective services delivery, in the case of public services) with the needs and feelings of?people?(staff, customers, suppliers, local communities, stakeholders,Sunglasses Hut, etc) with proper consideration for the planet - the world we live in?(in terms of sustainability,Sunglasses For Men, environment, wildlife, natural resources, our heritage,coach outlet store, 'fair trade', other cultures and societies, etc) and at all times acting with?probity?- encompassing?love, integrity, compassion, honesty, and truth. Probity enables the other potentially conflicting aims to be harmonised so that the mix is sustainable, ethical and successful.

Use of child labour and forced labour Production in sweatshops Violation of the basic rights of workers Ignoring health, safety and environmental standards

Ethical issues and examples????

Let's take one of the above ? suppliers.

Anything unlawful in the territory or area covered by such law - is probably unethical. Not always - see?ethics and law.

Tend to focus on activities & ethical practice of multinationals or industries with ethical issues Combine direct and indirect action can damage the target business or industry

Direct consumer action?is another way in which business ethics can be challenged. Consumers may take action against:

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