AMaheshwari_BUS560-BE_Module_8_07-21-2011

AMaheshwari_BUS560-BE_Module_8_07-21-2011 - Module8...

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Module 8 MBA in Finance (2011)
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Abstract The topic of Business Ethics covers a wide range of topics.  The author through a few  citations attempted to cover the topic of business ethics, manager’s responsibility and  risk management.  In author’s view, This business ethics course offers an introduction  into the concept of values, morality, as well as cultural beliefs and upbringing in all areas  of business, from consumer rights to corporate social responsibility.
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Module 8 Deliverables Assignments:  Questions 1. From your own experience, when do you feel like you are operating on the  ethical frontier? What makes you think so? Response:   Ethics   is   about   integrity.   It's   about   taking   pride   in   what   you   do,  demonstrating compassion and respect for the people you serve and those who live and  work around you.  Ethics is about mutual cooperation, perseverance and striving for quality and excellence  in the products, programs and services you deliver. It's certainly about practicing "the  Golden Rule" and doing unto others, as you'd want done to yourself.  Thinking and acting ethically requires showing respect and consideration for your  fellow employees and being willing to recognize their positive contributions. It's fostering  an environment of teamwork and support, while striving for excellence in everything you  do. It's sometimes helping the colleague next door when your inbox is flush with the  ceiling tile.  Ethics is about demonstrating principle and professionalism in the way you perform your  job and the manner you conduct your business. It’s knowing the difference between 
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right and wrong and when to decline a vendor's offer. It's distinguishing a Rolex holiday  gift from the one-pound Fannie Mac's. It's leaving the Post-it notes in your top desk  drawer even when you need them at home.  Successful   organizations   and   effective   leaders   have   a   common   thread   and  principal   focus.   They   understand   the   influence   of   ethics,   live   their   values   and  demonstrate authenticity in character. They consistently deliver exceptional customer  service and embrace a philosophy of continuous improvement. It is readily apparent.  They have clearly identified the values and goals of the organization and have mastered  the ability to effectively communicate them and align them with the values and goals of  the individual.  Ethics isn't about mission statements. But if your agency doesn't have one,  develop one that reflects your values and commitment to the people you serve both in  and outside your organization. If you already have one, hope that you can find it. Read it 
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This note was uploaded on 12/08/2011 for the course MBA 520,510,59 taught by Professor Kate during the Spring '11 term at Asian Institute of Management.

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AMaheshwari_BUS560-BE_Module_8_07-21-2011 - Module8...

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