Personally reflect on how you as a supervisor/manager can apply the \"takeaways\
ID: 1170835 • Letter: P
Question
Personally reflect on how you as a supervisor/manager can apply the "takeaways" from these topics.
According to Webster's dictionary, Ethics are an area of study that deals with ideas about what is good and bad behavior: a branch of philosophy dealing with what is morally right or wrong.
Business Ethics is then the application of ethics to business practices and decision-making in business.
You don't need to learn the difference between right and wrong ... but rather how to apply the difference between right and wrong to the workplace.
It will help you build a moral compass to help you deal with ethical challenges.
Self-interest. Being ethical is good for your career.
To help you recognize what is acceptable and what isn't.
Basic Situations Causing Ethical Issues
Bribes
Conflicts of Interest
Conflicts of Loyalty
Issues of Honesty and Integrity
Whistle-blowing
How to Face an Ethical Dilemma
Even though we all feel like we know right from wrong, there are ethical shades of grey. It is important to have some mental steps that you can use when you face an ethical dilemma. The following figure offers steps for systematically working through and ethical problem.
Define the problem and collect the relevant facts.
Identify Feasible Options
Assess the effect of each option on stakeholders
Establish criteria for determining the most appropriate action
Select the best option based on the established criteria
How to Avoid an Ethical Lapse
If you are presented with a decision that is unethical or illegal, you've committed an ethical lapse. If you are presented with this type of choice, ask yourself the following questions to increase your odds of making an ethical decision.
Is the action legal?
Is it unfair to some parties?
If I take it, will I feel badly about it?
Will I be ashamed to tell my family, friends, coworkers or boss?
Will I be embarrassed if my action is written up in the local newspaper?
How to Maintain Honesty and Integrity
Below are a few rules of thumb to help you maintain your Honesty and Integrity.
Follow your own personal code of conduct; act according to your own convictions rather than doing what’s convenient (or profitable) at the time.
While at work, focus on your job, not on nonwork-related activities such as emails and personal phone calls.
Don’t appropriate office supplies or products or other company resources for your own use
Be honest with customers, management, coworkers, competitors, and the public.
Remember that it’s the small, seemingly trivial, day-to-day activities and gestures that build your character.
Code of Conduct
Most organizations have a formal code of conduct that serves as a guide and reference for users in support of day-to-day decision making. It is meant to clarify an organization's mission, values and principles, linking them with standards of professional conduct.
Corporate Social Responsibility is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders.
Companies are socially responsible to their various stakeholders which include:
owners,
employees,
customers,
the communities in which they conduct business.
Explanation / Answer
Although the questions are not properly numbered , I 'll try to answer all questions asked as per my understanding ;
Answer 1) To help you recognize what is acceptable and what isn't.
Basic Situations Causing Ethical Issues
Bribes - Un-acceptable
Conflicts of Interest - Acceptable
Conflicts of Loyalty - Un-acceptable
Issues of Honesty and Integrity -Un-acceptable
Whistle-blowing-Acceptable
Answer 2)
Companies are socially responsible to their various stakeholders which include:
owners,
employees,
customers,
the communities in which they conduct business.
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