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Virtue Ethics and Mattel's Case - Essay Example

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Several virtues are paramount in Mattel’s case, including truthfulness, because one of GMP’s main strengths is its transparent disclosure of its ethical problems through the creation of an independent outside auditing group called Mattel Independent Monitoring Council (MIMCO). Truthfulness is the nature of providing the right facts and information to concerned stakeholders…
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Virtue Ethics and Mattels Case
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Download file to see previous pages Truthfulness also means reporting regularly to the board of directors and top management, who at the beginning of GMP, were dedicated to realizing the virtues of their program. They wanted business ethics that had clear standards and measures, and Sethi et al. (2011) helped provide those necessities. The main concern with GMP is the clash between the truthfulness principle and actual reporting practices. After finding problems with one of Mexico’s Mattel plants, operational level managers greatly pressured MIMCO to change its draft report, and suggested that the council overreacted to “isolated instances” (Sethi et al., 2011, p. 497). MIMCO received a “list of changes in language” and were asked to include them in the draft report (Sethi et al., 2011, p. 497). This challenge shows the difference between operational managers’ and top management’s commitment to GMP. Apparently, commitment discrepancy exists between the top and operational managers, which undermine the truthfulness of GMP. Courage is another virtue that does not depend sacrificing people’s lives, but on moral courage, where people are not afraid to know and to accept the truth, as well as to use the truth to do what is right (Harper, 2008, p. 197). Solomon (1993) argued that moral courage concerns a process of understanding the big picture, the mission and goals of the organization, and how the organization can attain the best intentions (p. 48). It refers to sticking to the best intentions, however difficult it might be. Being courageous can then be related to truthfulness, because the brave does not fear the truth. When Mattel asked Sethi to lead the...
Justice is fundamental to Mattel because it affects GMP’s policies, procedures, and outcomes. Justice concerns being fair to others and responding to unjust policies, procedures, and outcomes. In business, justice refers to the rules and procedures that people use to attain justice, when making decisions . Justice concentrates on giving people what is due to them, by respecting their rights and fairly rewarding perceived performance in the workplace. To evaluate the fairness of ethical decisions, three kinds of justice are often used. Distributive justice is the first form of justice, and it pertains to evaluating the outcomes of business decisions and transactions. For Mattel, it seeks to promote distributive justice because it is concerned about the equity of its decision outcomes. The company promotes fair hiring and workplace conditions, for instance, that served workers’ interests. On the contrary, Mattel cannot attain distributive justice, when its licensees are concerned. GMP applied only to companies owned and/or managed by Mattel, which does not include licensees. Justice for all employees cannot be attained through selective auditing policies. ...Download file to see next pagesRead More
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