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Ethical Issues in Management - Research Paper Example

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Ethical Issues in Management Introduction Nowadays, many company scandals have taken up the front page of various newspapers all over the world. Basically, the news has been teeming with ethical issues over the past few years highlighted by the credit crunch crisis that has gripped most of the advanced economies worldwide…
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Ethical Issues in Management
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Download file to see previous pages Hence, Brown and Trevino (2004) have tried to debunk common misconceptions about this term. It is important to note that ethical issues are never easy and the notion that it is not meant to be managed is very wrong. Therefore, it is very important to be wary of possible ethical issues that must be given attention to as well as an acceptance that the complexities of these issues require a very intricate process. Also, it is likewise important to be able to look into the strong possibility that the bad people in the organization that are usually the ones to blame may just be symptoms from a systemic problem in the organization. Hence, there must be a deeper examination of this probability and that the underlying problem must be solved so that there will be a lasting solution to these ethical issues. Character and Ethics Furthermore, there must be a stronger effort than the codes and programs in order to be able to take in these challenges and that there must be the realization and acceptance that despite all talks about accountabilities and chains of command, corporate leaders cannot really take all the blame for their staffs or employees that go astray. Many leaders are formed by their strong character and an overarching appreciation of their calling (Gallos, 1997). Hence, the many people in the organization cannot be always influenced by their leaders as these people are However, despite the recent issues about these scandals, this has been going on since the time that humans basically started commerce. Indeed, Bowen (2002) stresses the need for a coordinated and strongly planned approach to these ethical issues and that these must be integrated within the organization and even in the vision mission of the company. Indeed, the role of the organization must be very prominent in addressing these ethical issues as this can be the strong force that will enable the company to be able to really direct their efforts at ensuring the maintenance of integrity within their ranks (Smith, 1990; Hanson, 1991). Areas of Concern Becker (2010) highlights the dilemmas whereby there are four major areas that must be considered. Hence, in dealing with ethical issues, the human resources must be considered since there lies the enablers and the possible causes of ethical problems. Moreover, the confidence of customers must be adequately considered since business confidence can be greatly affected when ethics crises sets in. This brings forward the next area of concern which is the possible sources of conflicts of interest that the company must look into in order to maintain a spotless record with their stakeholders. Finally, the company must watch over their company resources and how these are spent. Indeed, ethical issues can be very challenging and finding solutions to these problems has been greatly hampered by the aforementioned myths. Although these ethical issues go way back, it must be noted that the current trends in business and society has been greatly influential in its proliferation as well as in its recognition. Social networks have considerably grown in prominence at the turn of the century boosted by the rapid greater improvements in the communications capability worldwide. As such, Borgatti and Molina (2003) have pressed the need for an ethical framework that will govern researches made in these social networks. There have been many reports of privacy concerns arising from such ...Download file to see next pagesRead More
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