R. Edward Freeman and Bidhan (Bobby). L. Parmar, MIT Sloan Management Review; Ethics as Conversation: A Process for Progress
"We began to use this insight in our conversations with executives and
students. We ask them to define what we call “your ethics framework.”
Practically, this means defining what set of questions you want to be
sure you ask when confronted with a decision or issue that has ethical
implications.
The point of asking these questions is partly to anticipate how
others might evaluate and interpret your choices and therefore to take
those criteria into account as you devise a plan. The questions also
help leaders formulate the problem or opportunity in a more nuanced way,
which leads to more effective action. You are less likely to be
blindsided by negative reactions if you have fully considered a problem.
The exact questions to pose may differ by company,
depending on its purpose, its business model, or its more fundamental
values. Nonetheless, we suggest seven basic queries that leaders should
use to make better decisions on tough issues."
Thanks for the post. I went back and checked my post on business ethics.
ReplyDeleteHow to distinguish moral standards from standards that are not moral?
Five characteristics to identify moral standards.
1. Moral standards deal with matters which people think can seriously injure or seriously benefit human beings.
2. Moral standards are not established or changed by political or legal authoritative bodies. The validity of moral standards rests on the adequacy of the reasons.
3. Moral standards are preferred to other standards including even self-interest when choice is there.
4. Moral standards are impartial. They are based on impartial reasons that an impartial observer would accept.
5. Moral standards are associated with special emotions. When people act in violation of a moral standard, they feel guilty, ashamed and remorseful.
https://nraomtr.blogspot.com/2011/12/business-ethics-introduction.html
I also included the blog in my collection of blogs. Top 25 Management Blogs
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