Fixation on “Results” • Speed/Carelessness • Ethical Illiteracy • Rote Behavior • Distractions
Causes of Failures in Business Ethics • Focus on Short Term Profits & Wrong Standards for Hiring – "If we select people principally for their charisma and their ability to drive up stock prices in the short term instead of their character, and we shower them with inordinate rewards," the author asks, "why should we be surprised when they turn out to lack integrity?” - Bill George, Former CEO Medtronic Corp. - in "Authentic Leadership: Rediscovering the Secrets to Creating Lasting Value," Jossey-Bass/Wiley, 2003. – “The mind of the superior man is conversant with righteousness; the mind of the mean man is conversant with gain.” -Confucius
Causes of Failures in Business Ethics • Emphasis on the Individual rights – “Instead of conceiving of society as something established for the defense of individual rights, fair contracts, and due process of law, we are invited to see it in terms of the biblical vision. This way of living, thinking, and acting where autonomy and related rights take priority has seriously jeopardized the meaning and values of all institutions in our society.” - Detroit Archbishop Adam J. Maida, in a speech to Catholic judges including Rehnquist, Scalia, Kennedy, and O'Connor
Causes of Failures in Business Ethics • Self-Deception/Choosing Not to Know – Types • Tribalism , or the belief that the company is always right • Legalism , the inability to imagine moral obligations beyond the law (Note: Kedoshim Tiyu is a requirement of a Jew not to just obey the letter of the law but to obey the spirit of the law as well. Under Jewish law, it is entirely possible for a person to be 100% observant or all the law and yet be a Naval B'rshut HaTorah , that is, a repulsive, disgusting individual. One must go beyond the law, called Lifnim Mishurat HaDin , and embrace the ethical imperatives that are within it. • Moral Gamesmanship , the excusing of unethical practices by viewing business as "a game" and oneself as "a player” • Scientism , the elevation of science-including management science-to a position of unquestioned authority. • (see Corporate “moral blindness” not solved by typical ethics, by John Knapp, Emory Report, April 26, 1999, Volume 51, No. 29, )
Causes of Failures in Business Ethics • Emotions – Arrogance • "When men are most sure and arrogant they are commonly most mistaken, giving views to passion without that proper deliberation which alone can secure them from the grossest absurdities" – - David Hume quotes (Scottish philosopher, historian, economist and essayist. 1711-1776)
Causes of Failures in Business Ethics • Emotions – “Blind” Ambition – Desperation – Feeling of Invulnerability – Flirting with the Edge – Greed
Causes of Failures in Business Ethics • Is the Capitalist System or the Corporate Structure inherently Immoral or Amoral?
Capitalism • Capitalism
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- Summer '16
- DWI MARTANI
- Business, Ethics, moral principles, Responsibility Theory