Académique Documents
Professionnel Documents
Culture Documents
Spring 2007
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
Rights?
Free consent
Privacy
Freedom of conscience
Free speech
Due process
Life and safety
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
Spring 2007
Ethical Issues in Ma
10
Leadership
Managers by definition are (or should be) role models
Ethical training
Spring 2007
Ethical Issues in Ma
11
Spring 2007
Ethical Issues in Ma
12
Redemption-May-Be-Possible
Spring 2007
Ethical Issues in Ma
13
Spring 2007
Ethical Issues in Ma
14
$310.2
1)
WalMart
$288.0
2)
BP
$285.1
3)
Exxon / Mobil
$270.8
4)
$286.7
5)
General Motors
$193.5
Portugal
$188.7
6)
DaimlerChrysler
$176.7
7)
Toyota Motor
$172.6
8)
Ford Motor
$172.2
Czech Republic
$172.2
General Electric
$152.9
9)
$152.6
$151.2
Social Responsibility
Social Obligations School
Maximize profits
Stay within boundaries of law
Spring 2007
Ethical Issues in Ma
16
Milton Friedman
Spring 2007
Ethical Issues in Ma
17
5)
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Ethical Issues in Ma
18
Friedman, Finale
6)
7)
8)
Spring 2007
Ethical Issues in Ma
19
Spring 2007
Ethical Issues in Ma
20
Management
Employees
Owners
Local community
Suppliers
Customers
Spring 2007
Ethical Issues in Ma
21
Taking a Stand
Looking at costs
Short term vs. the long term
Examples:
Doing well by doing good: Costco
Public relations: Sara Lee
Environmental cost savings
Spring 2007
Ethical Issues in Ma
22
Defensive
Take social
initiatives
Do only what is
legally required
Accommodating
Accept ethical
responsibility
Spring 2007
Ethical Issues in Ma
23
Values-Based Management
Using shared values as a basis for
management decision-making
Examples
Levi Strauss
Body Shop
ServiceMaster
Spring 2007
Ethical Issues in Ma
24