Presentation on theme: "Why Study Ethics? Management 117 Joseph Desjardins Author “Business Ethics” Jerry Estenson, Professor."— Presentation transcript:
Why Study Ethics? Management 117 Joseph Desjardins Author “Business Ethics” Jerry Estenson, Professor
Why? Need to be prepared for careers in business Many have been harmed by lack of attention to ethics Law requires it Lack of knowledge creates risks in the marketplace
Foundation of a strong strategy BeliefsValuesPurpose Vision Mission Goals Objectives 3
The Legacy Thing Collins and Porras CORE IDEOLOGY –CORE VALUES Organization’s essential and enduring tenets - a small set of guiding principles. Not compromised for financial or individual political gain. –PURPOSE Fundamental reason for existence - A perpetual guiding star on the horizon.
Determining if a “Value” is Ethical Serves the end of human well-being Happiness, integrity, meaning, freedom, autonomy, companionship, health. – Smoking is Ok then Ethical if promote well-being in an impartial way. – Malden Mills – ethical, well-being, bad outcome
Ethics determine by Individual thinking for themselves – “an unexamined life, is not worth living” Socrates. You therefore will be required to be thoughtful.
Ethics as the law Law is history – ethical decisions are now
First Old Dead Guys “ethics deals with no small things, but how we ought to live.” Socrates Ethos became ethics – customary (the rule of tribal norms) Philosophical ethics – seeks a reasoned analysis of custom and a reasoned defense of how we “ought” to live
Business Ethics The ethics of those charged with acting on behalf of a business. What should a business manager do in various situations?
We as educated members of society need ask: How should we live as an individual and a member of society?