Topic 4 Sustainable Org s2 2013 (1 Slide Per Page)

Topic 4 Sustainable Org s2 2013 (1 Slide Per Page) - Topic...

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Topic 4: Ethics and Creating Sustainable Organisations Global Dimensions of Management MGMT 1001, s2 2013 School of Management
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Assignment workshops Assignment workshops – Week 4 (Assignment 1) & Week Week 4 (Assignment 1) & Week 10 (Assignment 2) There are 3 workshops provided by the Educational Development Unit (EDU) in Week 4 if you would like extra guidance on Assignment 1. Room: Webster Theatre B (189 seats) • 10-11am, Monday 19 th August 2013 Room: Science Theatre (334 seats) • 4-5pm, Wednesday 21 st August 2013 Room: Law Theatre (347 seats) 2 pm, Thursday 22 nd ugust 2013 12-1pm, Thursday 22 August 2013 There are 3 workshops provided by the EDU in Week 10 for guidance on Assignment 2. Room: Science Theatre (334 seats) • 9-10am, Wednesday 9 th October 2013 • 4-5pm, , Wednesday 9 th October 2013 Room: Law Theatre (347 seats) • 12-1pm, Thursday 10 th October 2013
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Reflective Questions to guide this lecture Part 1:Organisations and Ethics Part 1:Organisations and Ethics 1. How does this topic link with other topics in this course? 2. What are ethical imperatives of the early 21 st century? 3. Why are the latest trends in the Global Business Environment? 4. What is CSR? What is Ethics? How are these concepts related to sustainability of an organisation? 5. How does ethical frameworks help managers make decisions? 6. Is there a conflict between making profits and being ethical? Part 2: Global Dimensions of Management Part 2: Global Dimensions of Management 1. Why is having a Global perspective relevant to the modern manager today? 2. What is International Business (IB)? How different is it from doing business locally? Is it more complex? 3. What are the challenges of managing in a global environment?
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Why the ethical imperative of early 21st century? • Problems are the result of a ‘few rotten apples’? Or the result of something ‘deeper’ • The ‘ culture of greed ’ and self-interest ? • Misalignment of executive incentives and shareholder expectations? • Legal structures? Political structures and processes ?
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Global Business Environment Global economic integration Increased economic & political power of corporations rotests and counter Protests and counter movements Changes to the world of work Technological changes
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Changing public perceptions of business practice b Media focus on ethics and corporate behaviour b Growth in consumer and shareholder activism crease in litigation related b Increase in litigation related to corporate social and environmental behaviour
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Definition: Corporate Social Responsibility When an organisation meets or exceeds legal and ‘normatively mandated’ standards by considering the greater good to the widest possible community ... with regard to the environmental, social, economic, legal, ethical and philanthropic impact of the rganization’s way of doing business nd the organization’s way of doing business and the activities it undertakes (adapted from Clegg et al 2012)
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Definitions: Corporate Sustainability ... a business approach that creates long-term value for the
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