161104_23_EPiM-Sari_Mathila - INDIAN INSTITUTE OF...

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Last Updated 29/02/2016 by Sari Mattila 1 INDIAN INSTITUTE OF MANAGEMENT BANGALORE Ethical Practices in Management Course Outline PGP Elective (Open to all) Term: 4 Credits: 1,5 (10 sessions 90 min each) Faculty: Sari S. A. Mattila Office: B-202 Tel: +91 80 2699 3486 (O) Email: [email protected] Introduction There is no ethics in business! What’s the use of ethics? You often hear such exclamations being made and with a conviction. But are these valid? If so, why and in what ways? As a manager and/or leader you need to know how to choose better alternatives in a world which is increasingly, both locally and globally, calling for more sustainable practices. There would be no need for ethics (in Greek hē ēthikē tekhnē, meaning the science of morals) without other beings, and the beginning of ethics is pinpointed to beginning of collaboration. We are all responsible to and for others in various ways - others in a broad sense of the term. Managers and leaders alike are all the time making decisions over others’ lives. They are not just innocent bystanders in today’s world, but active moulders of it. Just to give few examples: what products to have and how to make them; which kinds of apartments to build and why; what kinds of salaries and HR practices to adhere to; to what extent to take into account others’ views such as a community, customers, political influences; what value to give to environmental issues; what policies to lobby for, etc. Thus, ethics plays out at three levels: individual, organisational, and institutional. This means adopting forms of open systems theory in applying ethics thinking. All the above questions and many more are vital for any manager to reflect and reason upon in the changing landscape of globalising 21 st century management. Based on the above, this course is designed to help you to explore ways to introduce, examine and choose ethical practices in everyday management of boundaries of organisation systems and flows
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