2014/5/14 Learning Objectives #1 • Illustrate how ethics help managers determine the Chapter 03 right way to behave when dealing with different stakeholder groups Managing Ethics and Diversity McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. 3-2 The Nature of Ethics Ethics in Practice • Ethics: Inner-guiding moral principles, values, and • Watch Video: Group Project • Discussion Questions beliefs that people use to analyze or interpret a s i t uat i onandt hendeci dewhati st he“r i g ht ”or appropriate way to behave What is the ethical dilemma? Which two values (A & B) are in conflict? Two reasons for value A Two reasons for value B How do you think most people would act? What is the ethical way to resolve the situation? • Ethical dilemma • Ethics ombudsman 3-3 Ethics and Stakeholders 3-4 Learning Objectives #2 • Stakeholders: • Explain why managers should behave ethically and Directly benefit or be harmed by an organizations actions, the ethics of a company and its managers are important to them strive to create ethical organizational cultures 3-5 3-6 1 2014/5/14 Why Should Managers Behave Ethically? Four Ethical Rules • The relentless pursuit of self-interest can lead to a collective disaster if individuals start to profit from being unethical, encouraging other people to act in the same way 3-7 S our c esofOr gani z at i on’ sCodeof Ethics 3-8 Learning Objectives #3 • Appreciate the increasing diversity of the workforce and of the organization environment 3-9 Diversity of the Workforce and the Environment • Diversity: Differences among people in age, gender, 3-10 Sources of Diversity in the Workplace race, ethnicity, religion, sexual orientation, socioeconomic background, and capabilities/disabilities • Glass ceiling: Metaphor alluding to the invisible barriers that prevent minorities and women from being promoted to top corporate positions 3-11 3-12 2 2014/5/14 Learning Objectives #4 Critical Managerial Roles • Grasp the central role that managers play in the • Managers have more influence than rank-and-file effective management of diversity employees • When managers commit to diversity, it legitimizes diversity management efforts of others 3-13 3-14 Effectively Managing Diversity Makes Good Business Sense • Diverse organizational members can be a source of Learning Objectives #5 • Understand why the effective management of diversity is both an ethical and a business imperative competitive advantage when managed efficiently • Variety of points of view and approaches to problems and opportunities that diverse employees provide can improve managerial decision makin 3-15 3-16 Learning Objectives #6 Forms of Sexual Harassment • Understand the two major forms of sexual • Quid pro quo: Asking or forcing an employee to harassment and how they can be eliminated perform sexual favors in exchange for some reward or to avoid negative consequences • Hostile work environment: Telling lewd jokes, displaying pornography, making sexually oriented r emar ksabouts omeone’ sper s onalappear anc e,and other sex-related actions that make the work environment unpleasant 3-17 3-18 3