Ethics Reflection Paper

morality c hold Paper morals and friendly debt instrument ar key factors when stick outning ones own(prenominal) keep or planning for the success of a concern. When companies develop strategical plans, they must(prenominal) consider what role ethics lead play and how affable tariff will mend the plan keeping s keep backholders need at the forefront. If businesses and individuals are making a conscious effort to pomposity honourable look, good perspectives and intuitive feelings should uprise over date much like what has happened in the masters of business administration (MBA) course.Role of Ethics and Social Responsibility in strategical Planning Ethics are guidelines used to help direction and employees conduct themselves according to the values and standards set forth by the company. To ensure employees translate the rules and get good respectable finiss, a companys plan should embody the beliefs and values that the business and their employees view most strategic. These beliefs and values erect be draw in a companys armorial bearing, vision, and philosophy statements which digest direction, purpose, and a clear understanding of an organizations deportmental expectations and decisions make by the stakeholders.When adhered to, the mission and vision statements can be the baseline for goal-setting and strategic planning while keeping ethics at the core of all decisions. Pearson and Robinson (2004) stated rally to the belief that companies should be operated in a socially responsive way for the benefit of all stakeholders is the belief that managers will be go in an respectable expressive style (p. 60). plain with a plan in place and ethical guidelines established, unethical behavior is always a possibility which could occur at a focus or subordinate level. as well as many top-level management and executives have acted in bookly and have violated company policies. This was witnessed through events such as the Enron, Wor ldCom, and Bernie Mad send off scandals where unethical behavior was called into question. Employees, specifically those in a management position, have an obligation to do what is make up for the sake of their customers, the industry, and to help maintain the companys image and reputation.When this fails to happen, the owners and senesce of directors must take the appropriate action to get rid of those individuals, not only to set an example alone to make the point that unethical behavior will not be tolerated under any circumstances. To minimize the possibility that similar atrocities will occur, the Sarbanes-Oxley Act of 2002 was instituted to mandate Chief Executive Officers (CEO) and Chief financial Officers (CFO) to take responsibility for reports generated and to get it on that the information included in the reports are true and accurate to the best of their knowledge.If the information is not true or is fraudulent, some(prenominal) have a responsibility to report the f indings to auditors. Like ethical behavior, social responsibility is a critical consideration for a companys strategic decision makers (Pearson & Robinson, 2004, p. 23). Owners need to ensure that they hire managers who are going to carry out their wishes and be the voice in their absence instead of managers who will harbor their self-interests. Decisions do by management have to be aligned with the beliefs of the owner and the companys stakeholders to guarantee profitability and survivability.To encourage managers to make appropriate and ethical decisions, owners and executives should provide incentives through bonuses, appraisals, and cognizance programs. Managers who do receive performance incentives will be held accountable by stakeholders. Stakeholders include stockholders who want a good settle on investment, employees seeking excogitate satisfaction, satisfied customers and suppliers, governments seeking law abiding companies, competitors seeking strong competition, acc ountable citizens and the public seeking a good tone of voice of life (Pearson & Robinson, 2004).Outside of existence accountable to owners and the business, managers also have to select the ethical entree that will ensure the consumer is getting the best service at a reasonable cost, jobs are being offered to those who need them, consumers do not have to fear product risk, and that they are taking care of their financial responsibilities to the government. heedless of the approach selected, consistency is important as not to send a signal of injustice and consistency allows companies and individuals to reach their end-state goals without having to waste time and money.honorable Perspectives At the trip of the MBA program, ethics and ethical behavior were and still are a very important part of conducting business and in how differents are treated and perceived. This program reemphasized the grandness of the role of ethics and how people in confederacy should work hard to cre ate a personal and corporate culture that fosters accountability and ensures everyone conducts business in an ethical manner. existence a part of a team during each class was a very good test of ethics, beliefs, and the ability to display industry and understanding towards other people. Some team members had little respect and showed disregard for others or their feelings. Although assignment completion was the most important aspect, some members were scripted off because of a escape of effective writing abilities, communication, or personal skills. Although many of those decisions were based on personal preference, one still has to question if the decisions were right or ruin.A major(ip) source of failure in most team assignments as well as collaborative projects within an organization is ordinarily caused by a insufficiency of admiration for individual view. Respect for individual judgment was evident in the Assessment of Ethical Choices in the Workplace (2009). When teammat es mark the judgment of others, they encourage collapse communication, build trust, and promote cohesiveness that could potentially prevent unethical behavior from occurring.Having an ethical profile closely aligned with eccentric is an asset when trying to seek others (University of Phoenix, 2009). Conclusion For businesses and individuals to remain successful there must be intent to remain ethical and socially responsible. The ethical and social decisions made have to livelihood the better good of the organization or society and every effort should be made to call attention to and rule out illegitimate behavior. Although one aptitude perceive his or her ethical concepts to be intact, improvement is always encouraged.References Pearson, J. A. , & Robinson, R. B. (2004). Strategic management Formulation, implementation, and control (9th ed. ). New York McGraw-Hill/Irwin. University of Phoenix (2009). Williams represent Ethical choices in the employment. Retrieved high-mi nded 20, 2009, from University of Phoenix, Week One, STR 581 Strategic Planning and Implementation. University of Phoenix (2009). Williams Institute Ethics awareness inventory. Retrieved August 20, 2009, from University of Phoenix, Week One, STR 581 Strategic Planning and Implementation.Ethics Reflection PaperWhen explaining the role of ethics and social responsibility in developing a strategic plan, the stakeholders need to be considered. So its not just customers and employees now you have these people who have invested in your company. Each of these interest groups has justifiable reasons for expecting (and often for demanding) that the firm satisfy their claims in a responsible manner.In general, stockholders claim appropriate returns on their investment employees seek broadly defined job satisfactions customers want what they pay for suppliers seek dependable buyers governments want bond paper to legislation unions seek benefits for their members competitors want fair compet ition local communities want the firm to be a responsible citizen and the general public expects the firms existence to improve the quality of life. There are two kinds of stakeholders the inside ones and the outside ones, the issues are that they both look at the company mission for a social responsibility towards society and at the comparable time the financial interests of the stockholders. For example an outside stakeholder may demand that an insider would be subordinated for the well being of the society and vice versa. This starts to get complex by thinking youre running a company that needs to make a profit to succeed but at the same time must answer to a social responsibility and particular ethics point of view.An example of a company being socially responsible while making a profit is Toyota. They make the top selling Prius which is the hybrid that leads in developing efficient gas-electric vehicles. There are four types of social responsibilities for which strategic plann ers must plan, which are economic, legal, ethical and discretionary. In economic is assumed that the company is providing goods and services at a cost thats reasonable. In legal responsibilities the company must adhere to the laws that regulate it. In ethical responsibilities the company must have a notion of right and wrong thats well defined and most of all ethical.In discretionary responsibilities are those that voluntary and throughout those sometimes the company tries to enhance their image. Ethics refers to the object lesson principles that reflect societys beliefs about the actions of an individual or a group that are right and wrong. The perception of ethics in business has presently hit a all time low, this could be due to the never ending recession and others. Throughout the program my view of ethics in the workplace has evolved and is no longer so black and white anymore.I have learned that the ethical perspective of a individual not necessarily is the same view of a o rganization. The company has to think about the whole company and also the impact on society. While the individuals perspective fare from him alone, and how he vies society. References Casio, W. (2005). Managing Human Resources Productivity, Quality of Work Life, Profits 7th Edition New York Mac Graw-Hill. University of Phoenix. (2010). InterClean Scenario Computer Software. Retrieved from University of Phoenix, Simulation, HRM/531 Mondy, R. (2008). Human Resource Management 10th Edition apprentice Hall.Ethics Reflection PaperEthics Reflection Paper Ethics and social responsibility are key factors when planning ones personal life or planning for the success of a business. When companies develop strategic plans, they must consider what role ethics will play and how social responsibility will affect the plan keeping stakeholders need at the forefront. If businesses and individuals are making a conscious effort to display ethical behavior, ethical perspectives and beliefs should evol ve over time much like what has happened in the masters of business administration (MBA) program.Role of Ethics and Social Responsibility in Strategic Planning Ethics are guidelines used to help management and employees conduct themselves according to the values and standards set forth by the company. To ensure employees understand the rules and make good ethical decisions, a companys plan should embody the beliefs and values that the business and their employees view most important. These beliefs and values can be outlined in a companys mission, vision, and philosophy statements which provide direction, purpose, and a clear understanding of an organizations behavioral expectations and decisions made by the stakeholders.When adhered to, the mission and vision statements can be the baseline for goal-setting and strategic planning while keeping ethics at the core of all decisions. Pearson and Robinson (2004) stated central to the belief that companies should be operated in a socially responsive way for the benefit of all stakeholders is the belief that managers will behave in an ethical manner (p. 60). Even with a plan in place and ethical guidelines established, unethical behavior is always a possibility which could occur at a management or subordinate level.Too many top-level management and executives have acted inappropriately and have violated company policies. This was witnessed through events such as the Enron, WorldCom, and Bernie Madoff scandals where unethical behavior was called into question. Employees, specifically those in a management position, have an obligation to do what is right for the sake of their customers, the industry, and to help maintain the companys image and reputation.When this fails to happen, the owners and board of directors must take the appropriate action to get rid of those individuals, not only to set an example but to make the point that unethical behavior will not be tolerated under any circumstances. To minimize the possibi lity that similar atrocities will occur, the Sarbanes-Oxley Act of 2002 was instituted to mandate Chief Executive Officers (CEO) and Chief Financial Officers (CFO) to take responsibility for reports generated and to acknowledge that the information included in the reports are true and accurate to the best of their knowledge.If the information is not true or is fraudulent, both have a responsibility to report the findings to auditors. Like ethical behavior, social responsibility is a critical consideration for a companys strategic decision makers (Pearson & Robinson, 2004, p. 23). Owners need to ensure that they hire managers who are going to carry out their wishes and be the voice in their absence instead of managers who will protect their self-interests. Decisions made by management have to be aligned with the beliefs of the owner and the companys stakeholders to guarantee profitability and survivability.To encourage managers to make appropriate and ethical decisions, owners and ex ecutives should provide incentives through bonuses, appraisals, and recognition programs. Managers who do receive performance incentives will be held accountable by stakeholders. Stakeholders include stockholders who want a good return on investment, employees seeking job satisfaction, satisfied customers and suppliers, governments seeking law abiding companies, competitors seeking strong competition, responsible citizens and the public seeking a good quality of life (Pearson & Robinson, 2004).Outside of being accountable to owners and the business, managers also have to select the ethical approach that will ensure the consumer is getting the best service at a reasonable cost, jobs are being offered to those who need them, consumers do not have to fear product risk, and that they are taking care of their financial responsibilities to the government. Regardless of the approach selected, consistency is important as not to send a signal of injustice and consistency allows companies and individuals to reach their end-state goals without having to waste time and money.Ethical Perspectives At the start of the MBA program, ethics and ethical behavior were and still are a very important part of conducting business and in how others are treated and perceived. This program reemphasized the importance of the role of ethics and how people in society should work hard to create a personal and corporate culture that fosters accountability and ensures everyone conducts business in an ethical manner.Being a part of a team during each class was a very good test of ethics, beliefs, and the ability to display patience and understanding towards other people. Some team members had little respect and showed disregard for others or their feelings. Although assignment completion was the most important aspect, some members were written off because of a lack of effective writing abilities, communication, or personal skills. Although many of those decisions were based on personal prefere nce, one still has to question if the decisions were right or wrong.A major source of failure in most team assignments as well as collaborative projects within an organization is usually caused by a lack of admiration for individual judgment. Respect for individual judgment was evident in the Assessment of Ethical Choices in the Workplace (2009). When teammates acknowledge the judgment of others, they encourage open communication, build trust, and promote cohesiveness that could potentially prevent unethical behavior from occurring.Having an ethical profile closely aligned with character is an asset when trying to judge others (University of Phoenix, 2009). Conclusion For businesses and individuals to remain successful there must be intent to remain ethical and socially responsible. The ethical and social decisions made have to support the better good of the organization or society and every effort should be made to call attention to and reject improper behavior. Although one might perceive his or her ethical concepts to be intact, improvement is always encouraged.References Pearson, J. A. , & Robinson, R. B. (2004). Strategic management Formulation, implementation, and control (9th ed. ). New York McGraw-Hill/Irwin. University of Phoenix (2009). Williams Institute Ethical choices in the workplace. Retrieved August 20, 2009, from University of Phoenix, Week One, STR 581 Strategic Planning and Implementation. University of Phoenix (2009). Williams Institute Ethics awareness inventory. Retrieved August 20, 2009, from University of Phoenix, Week One, STR 581 Strategic Planning and Implementation.Ethics Reflection PaperEthics Reflection Paper Ethics and social responsibility are key factors when planning ones personal life or planning for the success of a business. When companies develop strategic plans, they must consider what role ethics will play and how social responsibility will affect the plan keeping stakeholders need at the forefront. If businesses and i ndividuals are making a conscious effort to display ethical behavior, ethical perspectives and beliefs should evolve over time much like what has happened in the masters of business administration (MBA) program.Role of Ethics and Social Responsibility in Strategic Planning Ethics are guidelines used to help management and employees conduct themselves according to the values and standards set forth by the company. To ensure employees understand the rules and make good ethical decisions, a companys plan should embody the beliefs and values that the business and their employees view most important. These beliefs and values can be outlined in a companys mission, vision, and philosophy statements which provide direction, purpose, and a clear understanding of an organizations behavioral expectations and decisions made by the stakeholders.When adhered to, the mission and vision statements can be the baseline for goal-setting and strategic planning while keeping ethics at the core of all de cisions. Pearson and Robinson (2004) stated central to the belief that companies should be operated in a socially responsive way for the benefit of all stakeholders is the belief that managers will behave in an ethical manner (p. 60). Even with a plan in place and ethical guidelines established, unethical behavior is always a possibility which could occur at a management or subordinate level.Too many top-level management and executives have acted inappropriately and have violated company policies. This was witnessed through events such as the Enron, WorldCom, and Bernie Madoff scandals where unethical behavior was called into question. Employees, specifically those in a management position, have an obligation to do what is right for the sake of their customers, the industry, and to help maintain the companys image and reputation.When this fails to happen, the owners and board of directors must take the appropriate action to get rid of those individuals, not only to set an example bu t to make the point that unethical behavior will not be tolerated under any circumstances. To minimize the possibility that similar atrocities will occur, the Sarbanes-Oxley Act of 2002 was instituted to mandate Chief Executive Officers (CEO) and Chief Financial Officers (CFO) to take responsibility for reports generated and to acknowledge that the information included in the reports are true and accurate to the best of their knowledge.If the information is not true or is fraudulent, both have a responsibility to report the findings to auditors. Like ethical behavior, social responsibility is a critical consideration for a companys strategic decision makers (Pearson & Robinson, 2004, p. 23). Owners need to ensure that they hire managers who are going to carry out their wishes and be the voice in their absence instead of managers who will protect their self-interests. Decisions made by management have to be aligned with the beliefs of the owner and the companys stakeholders to guaran tee profitability and survivability.To encourage managers to make appropriate and ethical decisions, owners and executives should provide incentives through bonuses, appraisals, and recognition programs. Managers who do receive performance incentives will be held accountable by stakeholders. Stakeholders include stockholders who want a good return on investment, employees seeking job satisfaction, satisfied customers and suppliers, governments seeking law abiding companies, competitors seeking strong competition, responsible citizens and the public seeking a good quality of life (Pearson & Robinson, 2004).Outside of being accountable to owners and the business, managers also have to select the ethical approach that will ensure the consumer is getting the best service at a reasonable cost, jobs are being offered to those who need them, consumers do not have to fear product risk, and that they are taking care of their financial responsibilities to the government. Regardless of the app roach selected, consistency is important as not to send a signal of injustice and consistency allows companies and individuals to reach their end-state goals without having to waste time and money.Ethical Perspectives At the start of the MBA program, ethics and ethical behavior were and still are a very important part of conducting business and in how others are treated and perceived. This program reemphasized the importance of the role of ethics and how people in society should work hard to create a personal and corporate culture that fosters accountability and ensures everyone conducts business in an ethical manner.Being a part of a team during each class was a very good test of ethics, beliefs, and the ability to display patience and understanding towards other people. Some team members had little respect and showed disregard for others or their feelings. Although assignment completion was the most important aspect, some members were written off because of a lack of effective wri ting abilities, communication, or personal skills. Although many of those decisions were based on personal preference, one still has to question if the decisions were right or wrong.A major source of failure in most team assignments as well as collaborative projects within an organization is usually caused by a lack of admiration for individual judgment. Respect for individual judgment was evident in the Assessment of Ethical Choices in the Workplace (2009). When teammates acknowledge the judgment of others, they encourage open communication, build trust, and promote cohesiveness that could potentially prevent unethical behavior from occurring.Having an ethical profile closely aligned with character is an asset when trying to judge others (University of Phoenix, 2009). Conclusion For businesses and individuals to remain successful there must be intent to remain ethical and socially responsible. The ethical and social decisions made have to support the better good of the organization or society and every effort should be made to call attention to and reject improper behavior. Although one might perceive his or her ethical concepts to be intact, improvement is always encouraged.References Pearson, J. A. , & Robinson, R. B. (2004). Strategic management Formulation, implementation, and control (9th ed. ). New York McGraw-Hill/Irwin. University of Phoenix (2009). Williams Institute Ethical choices in the workplace. Retrieved August 20, 2009, from University of Phoenix, Week One, STR 581 Strategic Planning and Implementation. University of Phoenix (2009). Williams Institute Ethics awareness inventory. Retrieved August 20, 2009, from University of Phoenix, Week One, STR 581 Strategic Planning and Implementation.