OD_06.ppt - Managing with Ethics and Social Responsibility...

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1 Managing with Ethics and Social Responsibility We Will Examine the issues of managerial ethics and corporate social responsibility; Define the terms .... look at the ways of thinking about ethical behavior; and Asses the role of the organization as a member of the broader social community.
2 What is Ethical Behavior? MORALS Doctrine of Conduct relating to, dealing with, or capable of making the distinction between right and wrong in conduct or character. ETHICS The system or Code of Morals of a particular person, religion, group, or profession.
3 Being Ethical is: Conforming to Moral Standards; conforming to the standards of conduct of a given group or profession. Ethical Behavior is: Doing what is accepted as "good" and "right" as opposed to "bad" and "wrong" in the context of the governing Moral Code. Ethical Behavior=Legal Behavior +"something else"
4 Context of the Governing Moral Code Refers to the group, organization, or broader societal venue within which the prevailing norms and values underlying a governing moral code are established.
5 Laws, Values, and Ethical Behavior Any behavior considered Ethical should also be legal in a just and fair society. However Legal behavior is not necessarily ethical behavior.
6 Four Views of Ethical Behavior Utilitarian View Where moral behavior is that which delivers the greatest good to the greatest number of people. Individualism View Where moral behavior is that which is best for long-term self- interest.
7 Moral-Rights View Where moral behavior is that which respects fundamental rights shared by all human beings. Justice View Where moral behavior is that which is impartial, fair, and equitable in treating people. ( Procedural and Distributive Justice )
8 Managerial Ethics Principles that guide the actions and decisions of managers, and determine if they are good or bad , or right or wrong.
9 Ethical Dilemmas An ethical dilemma occurs when

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