Management Jan 21

Management Jan 21 - Management 1/21/10 How can high ethical...

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Management 1/21/10 How can high ethical standards be maintained? Whistleblowers Expose misdeeds of others to: o Preserve ethical standards o Protect against wasteful, harmful, or illegal acts Laws protecting whistleblowers vary Ethical role models: Top managers serve as ethical role models All managers can influence the ethical behavior of people who work for and with them Excessive pressure can foster unethical behavior Managers should be realistic in setting performance goals for others The people who say no Code of ethics: Formal statement of an organization’s values and ethical principles regarding how to behave in situations susceptible to the creation of ethical dilemmas Areas often covered by codes of ethics: Bribes and kickbacks Political contributions Honesty of books or records Customer/supplier relationships Confidentiality of corporate information Checklist for dealing with ethical dilemmas: Recognize the ethical dilemma
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This note was uploaded on 02/02/2010 for the course BCOR 2300 taught by Professor Lopresti,a during the Spring '07 term at Colorado.

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Management Jan 21 - Management 1/21/10 How can high ethical...

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