Myths of Business Ethics
February 12, 2025
In today’s fast pace world, we all lead a virtual life parallel to an actual one. The regular live chats on Skype or status updates on Facebook, which ensure one stays connected with his/her dispersed acquaintances, provide the social platforms for this ‘virtual world’ to exist. When these groups of individuals come together for a […]
Political Systems and Gridlock around the world There are different types of political systems in different countries around the world. If the United States has a presidential direct election kind of system, the UK and India have parliamentary systems that are characterized by a mixture of direct and indirect elections. This means that the democratic […]
Ethics Management Programs are designed by an organisation or an employer as an attempt to have formalised structures for ensuring the organisation is perceived as fair, honest, responsible and just. Ethical programs globally are designed keeping four things in mind: Considering oneself and the organisation as part of the larger social framework. Considering the development […]
The Age of Networks We live in the Age of Networks. Networks are everywhere and anywhere and real-time connectivity and mobile communications mean that we just cannot be without developing the ability to think in terms of network thinking. Indeed, given the fact that we live in a globalized world where events in one part […]
Successful leaders must have certain exceptional traits which serve as the pillars of the foundation of successful leadership. Effective leaders should have enabling capabilities, must be able to share the common vision, are supposed to be deft in challenging the existing system/processes, should have encouraging qualities and be able to model behaviour. Inspirational Leaders as […]
In a business setting mangers are put to test when they face the challenge of resolving an ethical dilemma. Often certain situations do not fall in the ambit of procedures or the official code of conduct and this is when the managers feel the heat.
The problem with ethical decision making is that a decision in itself cannot be taken in a vacuum; one single decision affects lots of other decisions and the key is to strike a balance to ensure a win-win situation is arrived upon.
Though there are no golden rules to resolve ethical issues but managers can take a number of initiatives to resolve ethical issues. A brief description is given below.
In ethical decision making there are three basic principles that can be used for resolution of problem. These three principles are that of intuitionism, moral idealism and utilitarianism.
The principle of intuition works on the assumption that the HR person or the manager is competent enough to understand the seriousness of the situation and act accordingly, such that the final decision does not bring any harm to any person involved directly or indirectly.
The principle of moral idealism on the other hand states that there is a clear distinction between good and bad, between what is acceptable and what is not and that the same is true for all situations. It therefore asks to abide by the rule of law without any exception.
Utilitarianism concerns itself with the results or the implications. There is no clear distinction between what is good and what is bad; the focus is on the situation and the outcome. What may be acceptable in a certain situation can be unacceptable at some other place. It underlines that if the net result of the decision is an increase in the happiness of the organization, the decision is the right one.
Before taking a decision, moral decisions need to be thought upon and not just accepted blindly. It is a good idea to make hypothetical situations, develop case studies and then engage others in brainstorming upon the same. This throws some light into the unknown aspects and widens the horizon of understanding and rational decision making.
In balance sheet approach, the manager writes down the pros and cons of the decision. This helps arrive at a clear picture of things and by organizing things in a better way.
One good practice is to announce ones stand on various ethical issues loudly such that a clear message to every member of the organization and to those who are at the greater risk of falling prey to unethical practices. This will prevent the employees from resorting to unethical means.
Morality and ethical make up for a perennial debate and ethical perfection is almost impossible. A better way to deal with this is to integrate ethical decision making into strategic management of the organization. The way the HR manager gains an alternate perspective rather than the traditional employee oriented or stakeholder oriented view.
All these steps can bring better clarity into resolving ethical dilemmas. The choice lies with the manager and his own and the organization value clarity.
Your email address will not be published. Required fields are marked *