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Strategic Management- Case study - Essay Example

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This may be true in the civil society, but in the business world there are norms, behavioral standards, ethical and moral expectations, fiduciary…
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Strategic Management- Case study
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"Strategic Management- Case study"

Download file to see previous pages In the corporate world the chief executive officer position with the corporate hierarchy outside the board of director of a public company. This paper analyzes a scenario of a high level executive who had romantic affair with another manager inside the company he was suppose to lead.
The setting of our analysis takes place at Boeing Corporation where Harry Stonececher its chief executive officer (CEO) and a board member of the corporation got involved in an unethical act by starting a romantic relationship with a subordinate. His affair was discovered through unofficial information channel known as whistle blowing. A whistleblower is a person that revels to the general public or the authorities. Unethical or illegal activity within an organization (Schermerhorn, Hunt, Osborn, 2003). The situation was very awkward and let a bad taste in the minds of many stakeholders who did not take this news lightly. When something like this happens the general public gets ideas that bad things may be happing within the organization such as collusion, favorism, corruption, money laundering, human rights violations and cooking up the books scenarios such as the infamous Enron case (Kotler, 2002).
The bylaws of the corporate which are part of its corporance governance framework are against such type of behavior generally speaking. If such a things happens between two floor workers the course of action a supervisor should take is simply separating the workers between division and areas of work to prevent labor efficiencies from occurring as a result of unnecessary socialization. The case at hand takes the rules to another level because the Boeing situation involved executive laborers at the peak of the chain of command. The fact that such individuals have so much power implies that there action affect all stakeholders thus social responsibility comes into play as an integral part of the equation.
There are many stakeholders group whose company’s action are relevant and ...Download file to see next pagesRead More
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