Organizational Ethics and the Law Classification of Ethical Work Climate Discussion case “Alcoa’s Core Values in Practice” exemplifies Aluminum Company of America’s implementation of a strong values-based ethical climate by insisting decisions of employees and what they do be aligned with company values. Analysis of Alcoa’s core values relative to Victor and Cullen’s typology, suggest Alcoa follows a principled-local method to ethical climate where personal morality; company rules and procedures;
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Alcoa’s Core Values in Practice The Aluminum Company of America (Alcoa) was founded in 1888 as the Pittsburgh Reduction Company. In 1907, they changed their name to Alcoa and had strong values based culture. “In 1985, Fred Fetterolf, then president, decided the company needed to document the values that all employees must live by: Integrity; Environment, Health, and Safety; Customer; Accountability; Excellence; People; and Profitability” (Lawrence & Weber, 2011, pg 137). CEO, Paul O’Neil, built
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as discussed in this chapter, was Alcoa’s approach more compliance or integrity? Alcoa since its inception had a very strong values and the people itself enforce these values, all the employees knew clearly that all the decisions should be done according to the Alcoa’s Core standards. Since my point of view the corporate culture sets the ethical work climate of the firm as principle (integrity approach) because Alcoa expected personal morality from their workers, the rules and procedures with to be
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Alcoa began under the name of the Pittsburgh Reduction Company in 1888, changing its name to the Aluminum Company of America (Alcoa) in1907. The company was originally founded on a $20,000 investment to capitalize on Charles Martin Hall’s invention to smelt bauxite ore into the metal known as aluminum. Within a few years, Alcoa had developed into a model of large-scale vertical integration with control over all the inputs to aluminum production. Since its inception, Alcoa has had a very strong
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Alcoa’s Core Values in Practice Amanda Ponshock BUS 250 Corporate and Social Responsibility Instructor: Sheila Fry February 2, 2015 “Alcoa began under the name of the Pittsburgh Reduction Company in 1888, changing its name to the Aluminum Company of America (Alcoa) in 1907” (Lawrence, 2011). This company developed into a large-scale vertical integration that had control over the inputs on aluminum production. In 1985 Fred Fetterolf decided the company needed to document that all employees
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ethical or not for Chiquita to pay the terrorist organization? A. People in business can analyze ethics dilemmas by using four major types of ethics reasoning virtues ethics, utilitarian reasoning, rights reasoning and justice reasoning. The values and character of the company were right in trying to protect its people. The company was definitely seeing utilitarian benefits by having net benefits than actual costs. However these benefits were attained at the expense of human and social costs
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Alcoa Case Study Alcoa, as a company, has a strong commitment to safety. The CEO has publicly announced that safety was his top priority, and this could be evidenced in accident rates that were well below industry standards. The Mission Valley Plant was no exception. However, there had been some recent concerning events, and there is always room for improvement in the identification, analysis, recommendation, and implementations of a safety-centric environment. #1 There are seven
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positive contribution to society. CSR is the practice of managing the social, environmental and economic impacts of the company, being responsive to 'stakeholders' (those who are affected by a business operation) and behaving according to a set of values which are not codified in law. In practice the term can refer to a wide range of actions that companies may take, from donating to charity to reducing carbon emissions. By CSR here we refer to the practice of major companies, rather than 'ethical pioneers':
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demonstrated accountability to people, to its community, and to its environment. Be specific with your examples. Respond to at least two of your classmates' postings Week 2 Assignment Case Study Alcoa's Core Values in Practice Case Study: Alcoa's Core Values in Practice Read the Alcoa's Core Values in Practice
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demonstrated accountability to people, to its community, and to its environment. Be specific with your examples. Respond to at least two of your classmates' postings Week 2 Assignment Case Study Alcoa's Core Values in Practice Case Study: Alcoa's Core Values in Practice Read the Alcoa's Core Values in Practice
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