values and ethics in management
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VALUES & ETHICS
IN MANAGEMENT
Ethics in teaching
“To see what is right and not to do it is want
of courage”
--Confucius
ETHICS
Ethics–
the
discipline
concerned
with
what
is
morally good and bad, right
and wrong
What are ethics?
• Societal norms adopted by a group
A conception of conduct that is right or wrong
• Deal with fundamental human
relationships
• Are a universal human trait
Ethical Principles – What are they?
• Guides to moral behaviour
– Good: honesty, keeping promises, helping
others, respective rights of others
– Bad: lying, stealing, deceiving, harming
others
• Universality of ethical principles: should
apply in the same manner in all
countries, cultures, communities
• Relativity of ethical principles: vary from
country to country, community to
community
Lack of Ethics
Greed & Jealous
Bad career
Disastrous life
In democratic culture, if we want to produce people
who share the values of a democratic culture, they
must be taught those values and not be left to acquire
them by chance
-- Cal Thomus
Empowering individuals
Helping other
Responsibility for unethical activity
Practice what you Preach
-- Ghandi
Society is expectations from development managers
make decisions about issues with a social dimension
In competitive environment organization cannot afford to be seen
as socially irresponsible
Demonstrate social Responsibility
∗ Social Responsibility
∗ Social Obligation
∗ Social Responsiveness
Managerial Ethics
Rules and principles that define right and
wrong conduct
Views of Ethics
Utilitarian view (vu loi)
Ethical decisions made on their basic of
their outcomes
Rights view
Respects and protects individual
privileges(quyen cong dan)
Theory of Justice
Manages enforce(lam cho co hieu luc)
rules fairly and impractically
