Ethics- Personal and Business

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Ethics: Personal & Business BCN 4712 Leading & Managing Construction Operations Ethics – A good starting point. “The reputation of a thousand years is determined by the conduct of one hour.” – Japanese proverb Ethics – the dictionary Merriam Webster The embodiment of those values that the person or organization feels are important…, and spell our proper conduct and appropriate action. Ethics Vocabulary Obligation Virtue Responsibility Courage Character Integrity Honesty Accountability Ideals Self-Respect Morals Professionalism What is Ethics?  A system or code of morals that provides a guide for daily living    Simple honesty   Relates to right and wrong in daily living Establishes principles for conduct   Choosing the right, ethical way is not always easy Ethical confrontations in the workplace can be some of the most stressful events we experience Without it, life becomes a constant struggle of intrigue, second-guessing, and maneuvering The same is true for ethics Ethical Choices What you find is that the tough ethical choices are not between good and evil, but rather between two goods:  Truth versus Loyalty    Individual versus Community Short-term versus Long-term Justice versus Mercy Ethical Principles      Objectivity Selflessness Stewardship Transparency Integrity What about …..?      Values Morals Integrity Character Laws Values    Acts, customs or institutions that a group of people regard in a favorable way Usually words of approval, Intrinsically valuable or desirable principles or qualities      What really matters to us most Personal and societal beliefs Equality Freedom Hard Work Morals   A set of rule or modes of conduct upon which society is based, very similar to ethics Four Points to Remember (R.C. Solomon)     Moral rules are important Morality consists of universal rules Morals are objective Morality affects other people   Conforms to accepted rules of right or wrong Established by society Integrity    Adhering to a moral code in daily decision making To have integrity is to be honest and sincere Assurance that “It will happen because I say it will.” Character        Ethics is not only about how we think and act, it is also about character Pattern of behavior or personality trait of an individual or group that denotes moral strength Drives what we do when no one is looking Involves a choice to act morally at all times We build character by how we live, thinking good thoughts, performing good acts Similarly bad thoughts and bad behavior destroy character Character pertains to organizations too. Laws     A set of rules and regulations designed to express the needs of and to control a society Protect people from the most blatant and despicable affronts to morality, such as murder, rape, and theft Needed to maintain the functioning of a society Change to reflect a society‟s changing standards Summary of Terms       Ethics: a system or code of morals that provides guidance for living in society Values: Intrinsically valuable or desirable principles or qualities Morals: A set of rules or modes of conduct on which society is based Integrity: Adherence to a moral code in daily decision making, emphasis on honesty and reliability Character: A personality trait of pattern of behavior that denotes moral strength Laws: A set of rules and regulations designed to express the needs of society Ethics, Morals, and the Law  Morals  Classification of Actions: Unethical Principles of right and wrong Legal Ethical  Ethics  Illegal A set of moral principles guiding behavior and action  Laws  Binding codes of  conduct; formally recognized and enforced Company Policies Unethical but Legal Ethical but Illegal Business Today  Business recognizes the impact of unethical behavior: “Business Ethics” movement    Poor public image Increased government scrutiny Public reluctance to use a product or service    Ethics is good business Most major corporations have their own code of ethics and provide training It is not new or trendy, it will impact you personally and professionally Ethical Dilemmas or Landmines  Like unexploded bombs, must be defused before they blow up in our faces        Personal reputations, legal standing, company‟s public name are at risk Much is at stake for companies and individuals in facing ethical dilemmas Company expectations for employee commitment Pressure from managers and co-workers Opportunities for unethical behavior Internal pressure in the form of personal ambitions External forces such as family needs Recent History 1980s Bribes/illegal contracting Influence peddling 1990s Unsafe labor in 3rd world Increased corporate liability for personal damage 2000s Cyber crime Privacy issues (data mining) International corruption Loss of privacy Intellectual property theft Deceptive advertising Financial mismanagement & fraud Financial fraud Transparency issues Historical Perspective    Ethics can be traced to ancient times Greek philosophers (Socrates, Plato, Aristotle; biblical figures Moralists (Immanuel Kant, John Stewart Mill, and Jean-Paul Sartre) Moral Codes and Religion        Religion and morality are closely interwoven But religion and morality are not the same thing People can be moral without being religious and vice versa People can do good because of altruism or fear of punishment People do good work out of habit or because of upbringing Moral instructions from religions can be vague: Thou Shalt not Kill! Code of Hammurabi: 1762 B.C. general set of moral rules so strong did not oppress weak, economic and family laws, criminal laws, civil laws. Not based on religion Ethical Theories   Many different ethical theories Focus will be based on two theories   Duty-Based ethical theory Utilitarian theory Duty-Based Ethical Theory     One has the duty or obligation to do the right thing, regardless of outcome An act is moral if it could become a universal rule for society To consider the morality of an act, one must consider the perspective of both doer and recipient Proposed by Immanuel Kant Utilitarian Theory     Moral behavior is tied to the common good Results are the measure of moral behavior, not the intent An act is good if it results in the greatest benefit for the most people Proposed by John Stuart Mill Ethical Decision Making Model Ethical Issue Intensity Individual Factors Ethical Decision Organizational Factors Individual character moral develop psychological factors Organization Culture Opportunities Significant others Ethical Issue Intensity Ethical attitudes & expectations Ethical Dilemma Ethical Decision Determining an ethical action: Six Practical Steps       Is the action legal? How will it make me feel about myself? Is it fair to all concerned? Is it the truth? Will it cause anyone personal loss or pain, or violate confidentiality, or harm somebody in any other way? Is there a conflict of interest? Kohlberg‟s Moral Development Scheme Level/Stage Early Criteria for Determining the Morality of an Act Is it good for me: reward or punishment Middle Late The reactions of others Universal standards, nature of the act Ford Pinto: Cost vs. Benefit Cost of Changes: Sales: 11 million cars; 1.5 million light trucks Unit Costs: $11/car and $11/truck Total Cost: 12.5 million vehicles x $11/vehicle = $137.5 million Benefits to Society: Savings: 180 burn deaths; 180 burn injuries Unit Costs: $200,000 per death, $67,000 per injury; $700 per car Total Benefit: (180x $200,000+180 x $67,000+700 x 12.5 million) = $49.5 million Benefits of Ethical Codes     Client satisfaction resulting from mutual trust A positive public image for the company Savings as a consequence of cutting wasted resources Responsible and respected employees Company Code of Ethics 1  Employment Practices         Workplace Harassment Equal Opportunity Diversity Fair Treatment of Staff Work-Family Balance Discrimination Illegal Drugs and Alcohol Use of Organization Property Company Code of Ethics 2  Employee, Client and Vendor Information    Maintaining Records and Information Privacy and Confidentiality Disclosure of Information Advertising and Marketing Development and Fundraising Clarity of Information Access to Information Transparency of Information  Public Information/Communications      Company Code of Ethics 3  Conflicts of Interest      Relationships with vendors   Gifts and Gratuities Political Activity Outside Employment Family Members  Environmental Issues   Procurement Negotiating Contracts  Ethical Management Practices Commitment to the Environment Employee Health and Safety The Public Sector: YOU MAKE THE CALL!  The support contractor for your organization wants to offer ALL of the Soldiers and government employees of the organization free tickets to the home opener for the Washington Nationals! The contractor hopes that this will further promote the partnership b/w the Army and the contractor personnel. The tickets have a face value of $25 but the contractor paid $15/piece for the tickets. May the Soldiers and employees accept the tickets?  ANSWER   Contractor is a prohibited source - no gifts are permissible unless exception applies $20/$50 rule  No – look to face value not what contractor paid No – offered only to those w/in organization No – offered b/c of status  Discount or benefit? - - Personal Relationship? - More…   Is there any way that the Soldiers or employees can accept the tickets? Yes – individuals can pay the contractor the face value of the ticket  If you pay market value (face value) for the ticket, it is not a gift  Still may have appearance concerns  Ask the ethics counselor! A Soldier has been working on the same project for a year with the same contractor employee. The two have developed a friendship outside of the office, often going to each others’ homes for dinners and gettogethers with their families. The contractor employee gives the Soldier a birthday present – the iPOD that she has been wanting! May the Soldier accept the gift from the contractor employee? YOU MAKE THE CALL! ANSWER   Contractor employee is a prohibited source – general prohibition unless exception applies $20/$50 rule?  No – cost of the iPOD exceeds Not applicable Possibly Need objective review of the facts/circumstances May still have an appearance problem Ask the Ethics Counselor!  Discount or benefit?   Personal relationship?     Quote “A perfect value consists in doing without witness all that we could have done in front of the entire world” - Nobel Laureate Gabriela Mistral Quote “If … you can’t be a good example, then you’ll just have to be a horrible warning.” - Catherine Aird A 21st Century Ethical Toolbox    Getting Started (Ch 1-2) Values (Ch 3) Tools for Critical Thinking Ch 8-10) Getting Started- Routes to an Open Mind (Ch 1-2)  Dogmatism    Dogmatism = unshakable commitment to one point of view Actively seek out arguments for the other side Look at the reasons for other and opposed positions Automatic rationalization Don‟t use excuses that are not well thought out Relativism: No one standard is right Ethics is about standards  Offhand Self-Justification    Relativism   Values (Ch 3)       Values = those things we care about Aesthetic values: art, beauty Scientific values: knowledge, truth Economic values: production, prices, efficiency Instrumental values: means to end, technology Moral values: fairness, trustworthiness, the well-being of others. The legitimate expectations of ourselves and others Tools for Critical Thinking in Ethics  Finding the facts    Gun control Death penalty Vegetarianism Language manipulates feeling, „loaded‟ Use neutral and descriptive language Use a dictionary Clear vs. unclear: the case of „drugs‟  Watching words      Judging like cases alike  Case of the motorcycle helmet: I have the right to do anything I like, therefore if I get „creamed,‟ it‟s just going to be me!

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