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Ethical Management

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Submitted By tayre001
Words 324
Pages 2
Thomas Ayres
19 Nov 11
Ethical Management
I. The Role of Managers differs depending on the corporate vision for the business.
A. The duties of managers are to lead the company in an ethical manner consistent with the corporate vision.
B. The code of conduct for managers is different for each organization.
C. The availability of “golden parachutes” allows managers to make decisions that are not in the best interest of their companies.
1. There is no need to be accountable to workers for poor decisions made by managers.
2. The responsibility to shareholders is less of a factor due to the separation packages given to managers when they are hired.
II. The enforcement of company ethics is largely left to managers, who aren’t left accountable to answer for their actions.
A. Ethics for managers is less important than making a profit for the company.
B. There is virtually no accountability for ethics standards in most companies today.
C. The violations of company ethics is not taken as seriously as it should be taken.
D. The recourse for violation of ethics is for managers to take their “golden parachutes” and move to another job.
III. The ethics training and monitoring is non-existent in today’s companies.
A. The effectiveness of training is questioned because most is computer based to save money.
B. The cost of constant monitoring of ethics by the company is costly.
C. The reporting violations of company ethics leads to a better working environment.
1. The reporting by company workers typically leads to retaliation by employers.
2. The reporting by managers typically leads to a demotion in company.
IV. The punishment for violations of ethics isn’t severe enough to cause changes for the company.
A. The company punishments are equivalent to the amount of publicity the violation attracts.
B. The effects on company policy are directly proportionate to the amount of money the violation causes the company.

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