Guides to moral behaviour Good: honesty, keeping promises, helping others, respective rights of others Bad: lying, stealing, deceiving, harming others Universality of ethical principles: should apply in the same manner in all countries, cultures, communities Relativity of ethical principles: vary from country to country, community to community
VALUES & ETHICS IN MANAGEMENT Ethics in teaching “To see what is right and not to it is want of courage” Confucius ETHICS Ethics– the discipline concerned with what is morally good and bad, right and wrong What are ethics? • Societal norms adopted by a group A conception of conduct that is right or wrong • Deal with fundamental human relationships • Are a universal human trait Ethical Principles – What are they? • Guides to moral behaviour – Good: honesty, keeping promises, helping others, respective rights of others – Bad: lying, stealing, deceiving, harming others • Universality of ethical principles: should apply in the same manner in all countries, cultures, communities • Relativity of ethical principles: vary from country to country, community to community Lack of Ethics Greed & Jealous Bad career Disastrous life In democratic culture, if we want to produce people who share the values of a democratic culture, they must be taught those values and not be left to acquire them by chance Cal Thomus Empowering individuals Helping other Responsibility for unethical activity Practice what you Preach Ghandi Society is expectations from development managers make decisions about issues with a social dimension In competitive environment organization cannot afford to be seen as socially irresponsible Demonstrate social Responsibility ∗ Social Responsibility ∗ Social Obligation ∗ Social Responsiveness Managerial Ethics Rules and principles that define right and wrong conduct Views of Ethics Utilitarian view (vu loi) Ethical decisions made on their basic of their outcomes Rights view Respects and protects individual privileges(quyen cong dan) Theory of Justice Manages enforce(lam cho co hieu luc) rules fairly and impractically [...]...Managerial Ethics Rules and principles that define right and wrong conduct Views of Ethics Utilitarian view (vu loi) Ethical decisions made on their basic of their outcomes Rights view Respects and protects individual privileges(quyen cong dan) Theory of Justice Manages enforce(lam cho co hieu luc) rules fairly and impractically