9 checklist for dealing with ethical dilemmas step 1

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9 Checklist for dealing with ethical dilemmas Step 1. Recognize the ethical dilemma Step 2: Get the facts Step 3. Identify your options Step 4.Test each option: Is it legal? Is it right? Is it beneficial? Step 5. Decide which option to follow Step 6. Double-check decision by asking the “spotlight” questions:“How would I feel if my family found out about my decision?” “How would I feel about this if my decision were printed in the local newspaper?”
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Whistle blowers Expose misdeeds of others to: Preserve ethical standards Protect against wasteful, harmful, or illegal acts 1 0 How can high ethical standards be maintained?
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How can high ethical standards be maintained? 1 1 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.
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Codes 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 1 2 How can high ethical standards be maintained?
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Law Vs. Ethics
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