Bart J. Van Dissel and Joshua D. Margolis’s Martha McCaskey, is a case study about Martha McCaskey, a young, inexperienced graduate in her first full-time job facing an ethical dilemma. McCaskey has to make decisions between promotion from successfully completing a project but conflicting her ethics and professional integrity and alienation from losing 20% of the division’s total revenue and future businesses due to failure of completing the project. To further analyze the case and derives ideal solution, we should understand that McCaskey is not the only major stakeholders influenced by the event. Other major stakeholders and their problems have to be identified. By understanding goals, concerns a problems of each stakeholder, we could then conduct analyses of alternative solutions in order to derive recommended solutions for McCaskey.
McCaskey, our major stakeholder, is working her way up in the company. She finds her first assignment in Seleris to be relatively easy and that she successfully completes it by herself with compliments from Richardson, senior vice president, and Malone, vice president, that “her analysis was the best they had yet seen by anyone in the division”(Dissel & Margoils, 2004, p.4). The second assignment though is challenging. After unsuccessful attempt at trying to get help from recognized team leaders, she decides to work on her own. McCaskey has made efforts to work seven days a week, 10 to15 hours each day over 6 months, and in the end she is
Ethics is the guiding force in any respectable organization. With a moral compass, especially in the leadership of organization, a company can become compromised and fall into a quagmire of legal issues, a tarnished reputation, and devaluation of company stock if it is a publically traded company. In pursuit of examine my own ethical lens I will analyze the ethical traits of an admired leader, my own traits as exhibited in the Ethical Lens Inventory, and how I make a decision concerning a particular ethical dilemma.
What principles would you need to be aware of when dealing with the ethical dilemmas in this case study?
At a minimum of once a year, the entire company will convene for an Ethical Situations Round Table. Topics will include newsworthy stories of other companies and any closed ethical issues within the company. This is a time not only to discuss ethical situations but to work as a group in finding the ideal solution to how the company should handle similar issues. We want to be a step ahead and be prepared for events that could affect the company.
Organization leaders have a responsibility for upholding the proper standards as they pertain to ethical behaviors in the workplace. Leaders are constantly faced with making the best decisions possible for their corporations and to increase profits for company stakeholders. Unfortunately, some stakeholders do not always make the right choices, especially when the wrong one choice is more enticing. My research will determine the stakeholders invested in PharmaCARE, analyze the ethics of their treatment of the indigenous population and its rank-and-file workers versus the executives, and determine whether Allen can legally fire a few of his employees. Also, determine
The workplace is littered with ethical dilemmas no matter where you work. For Pacific Trust the primary ethical issues that need attention are Jack Ryan’s negligent behavior toward his work with the Palisades Produce contract. His negligence caused him to be faced with lying to his superior or taking responsibility for his mistakes. The necessity for a course of action to help Jack comes partly from the underlying issue of Stephen Wood’s misconduct within the Middle-market Group.
The problem to be investigated is the application of business ethics. In the business world, ethics are extremely important. Ethics are prime elements that help a business to grow and to become more productive. It is by applying proper business ethics that a business can operate in a moral or ethical business environment and managed to conduct all activities in a manner that maximizes profits while not compromising all other non-economic concerns(Schwab, 1996). Businesses have over the years failed to nurture business ethics in order to fulfill shareholders' interests and to have a culture that is oriented towards profit maximization and high performance(Jennings, 2012; Sims & Felton, 2006). This has led business to have gray areas in their activities. Gray areas are those situations or problems that do not fit exactly into any ethical analysis. These are the activities which may be represented to be immoral as a result of lying and false representations on the part of the business.
Though Fletcher has enjoyed long-term success as a portfolio manager, he stumbles as a team manager. One example is in his relationship with Stephanie Whitney. Though he described is as a “mentor-protégé” relationship, he admits to having little time to train her. While he provided her with general career guidance, he explains that it was her own resourcefulness and initiative that allowed her to ascend from an administrative assistant position to the role of analyst. This transition, as noted by one of her colleagues, was difficult for Whitney and she struggled with establishing her identity as an aspiring portfolio manager. Because of Fletcher’s hands-off approach to managing people, Whitney’s growth was stifled under his management, which was a contributing factor to her eventual resignation.
Ethics are values and principles that individuals use to govern his decisions and activities. Ethics are about moral judgment of an individual about right and wrong. In an organization, code of ethics refers to set of guiding principles and organizations use these principles in their policies, programs, and decisions for business. Within organizations, decisions are taken by groups or individuals and these decisions are influenced by the culture of the company. Decision making and relevance of ethics may also differ for nonprofit and for profit organizations. In contemporary business environment, organizations must have a clear ethical policy and implement it in proper manner. There are many social, legal and economic outcomes that company has to face in case of any ethical dilemma, so there must be a smart strategy to deal with ethical dilemmas. In this paper, we will address the ethics for nonprofit and profits organizations, ethical dilemmas being faced or faced by each of these companies and the outcomes of these ethical dilemmas. Critique of actions of each of these companies will be provided from the point of view of applicable philosophical theories of organizational ethics.
Abstract: Martha McCaskey has been consistently outperforming herself maintaining high levels of integrity in each project assignment. Currently, she was the project lead for a critical project entitled ‘Silicon 6’ which apart from having high significance for her personal career also had high significance from her company’s future perspective. The project required Martha to research upon manufacturing technologies and plant setup costs for a computer chip that the client’s competitor was planning to launch soon. Martha has been promised a promotion to group manager and the organization has been offered interest in assigning approximately 10 new projects. The project presents an ethical dilemma in front of Martha wherein she needs access
It is a relevant ethical dilemma because it is a situation in which an ethical decision needs to be made by a businessman (CFO of Gabriel Resources) where viable options to this case are available which will be judged further in this essay by applying ethical theory and concepts.
In an industry overwhelmed with fraud and corruption, Martin Marietta was ready to revamp their reputation to become an ethical company. This concept catapulted a decade of creating, developing, and tweaking an ethics program. Martin Marietta's goal was to maintain a work place with "descent people doing quality work" (page 1). But with this idea came a series of difficult challenges the company needed to overcome. Martin Marietta arose to the challenge and executed an elaborate ethics program. The programs successes were hard to measure at best. A SWOT analysis was designed to reflect upon all aspects of the ethics program. A case study was used to discuss Martin Marietta's
Prepared for HU 432 007 Ethics for Managers & Engineers Professor Paul Hudec and submitted 5/4/2016
This case study will analyse the ethical dilemmas faced by David, audit manager at C & A who is hired to do the financial year-end audit for MAL. The six step ethical framework will be adopted to gain an understanding of principles and obligations for analysing the situation faced by David and arrive to a professional and responsible resolution.
Today, employees can be considered as the greatest strength of the company. They are the ones who help build the reputation of the company, it is their job to ensure the success of the business, which is why it is very important to keep them satisfied. A recent statistic shows that an American worker has an average of eight jobs in his career (Rudman, 2003). This stat shows how difficult it is to retain a core strength of a company. In this essay, an analysis of a case study is made. The case includes at first, a discussion between Chip Brownlee and Arch carter, the CEO and lead director of Galvatrens respectively. During this conversation, they discussed a lawsuit that a former employee sent to the company for being wrongfully relieved of his duty. Also in the case study after investigation the board of Galvatrens and their CEO made a meeting in order to tackle the problems and know what really happened. In this essay, it will explain the main ethical dilemmas in the case study, and according to these dilemmas a comparison will be made between utilitarian, libertarian, deontological and virtue ethics perspectives. Finally, as a form of an ethical point of view will be used to be the best solution to solve the dilemma of the recommendation.
This case study was a powerful example to illustrate the presence of ethics within the