Personal Values In today’s society, we live our lives and make our future depending “on what we believe has value.” What we do with our time, our money and our lives are all directly influenced by our capacity to make clear, balanced and valued decisions. Each individual brings a set of personal values into the workplace. These values and the moral reasoning associated with them translate into behavior that are considered important aspects of ethical decision making in organizations. For example, the family background and spiritual values of managers provide principles by which they carry out business. Moreover, people go through stages or levels of moral development that affect their ability to translate values into behavior. …show more content…
Robert Jackall (1997) states that today’s businesses have created a "society within a society" in which there is a set of ethical standards that is not consistent with those of the larger society. Consequently, the current capitalistic society often goes along with these special societies, as long as they are successful. For example, for five years in a row Fortune magazine hailed Enron as one of the most innovative company. However, we not know that personal integrity and reputation took a back seat. There is often a tendency to stretch the standards for larger and complex organizations. As with these organizations, when faced with moral and ethical dilemmas, we experience situations in which professional responsibilities come in conflict with our deepest values. Managers and employees face ethical dilemmas daily in organizations. When choices are unclear, individuals will more than likely violate long-held basic values. How dilemmas are managed can have a significant impact of the organizational success.
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Culture, a set of values, beliefs, common understanding, thinking and norms for behaviors that are shared by all members of a society, provides guidance to societal behaviors profoundly impacts decision making. It varies in distinct and significant ways as it affect ways of thinking, feeling, and behaving. In the past, many people believed that organizations were beyond the influence of culture. It was thought that
The term "culture" has been used more and more recently but what exactly does it mean? Some have even regarded culture as "the most central problem of all social science" (Malinowski, 1939). According to Merriam Webster (2016), culture is defined as the arts and other manifestations of human achievements. If culture was as simple as Merriam-Webster defines it then the lives of anthropologists, sociologists, and psychologists would be much easier. As we know, culture varies greatly across religion, countries, and some cases in just states; the difference between the north and the south. We can conclude that culture is a set of shared thoughts, values, and cognitions (Geertz, 1973). With culture in itself varying tremendously based on values and location, then surely organizational culture is no simple concept either. The term "organizational culture" has just recently become to be used more (Barley, 1988). Though there may be disagreements on defining culture universally, researchers tend to agree that culture is of vital importance in an organizational context, whether that organization is a company or a government (Kilmann, Saxton, & Serpa, 1986).
Culture is an observable, powerful force in any organization. “Made up of its members’ shared values, beliefs, symbols, and behaviors, culture guides individual decisions and actions at the unconscious level. As a result, it can have a potent effect on a company’s well-being and success” (One Page, n.d.).
Past research has discovered that managers react to ethical dilemmas according to the situation. If specific values that are related to ethical behavior can be identified, they would offer strong tools for managers who want to retain high standards of ethical behavior in their society.
This article attempts to explain how personal, cultural, and organizational values play significant parts in decision-making. In addition, the foundation of ethical dilemmas can
“Culture consists of the symbols, rituals, language, and social dramas that highlight organizational life, including myths, stories, and jargon. It includes the shared meanings associated with the symbols, rituals, and language. Culture combines the philosophy of the firm with beliefs, expectations, and values shared by members. It contains the stories and myths about the company's founder and its current leading figures. Organizational culture consists of a set of shared meanings and values held by a set of members in an organization that distinguish the organization from other organizations. An organization's culture determines how it perceives and reacts to the larger environment (Becker, 1982; Schein, 1996). Culture determines the nature
Individual ethics refer to the ability to differentiate what is right from what is wrong. This may entail personal values, norms and beliefs. The influence of individual beliefs and values as well as the values of the coworkers has a great impact on an individual’s decision making (Ferrell, Fraedrich and Ferrell, 2006). While some organizations encourage their employees to come up with ethical choices, other organizations lead to promotion of immoral conduct within their employees. There is an assumption that many people make choices which are grounded on their personal values and beliefs. According to social scientists, there are various factors that influence ethical decision making, and individual factors are among the significant factors to consider.
The biggest dilemma that we as humans face in the work place is what we as individuals see as personal values may not be the same values that everyone else holds. We are each our own individual and we have all been raised in different cultures with different values. We all come together within the work place to not just do a job, but to try and work together with people that are different from ourselves. When we find ourselves in a dilemma that goes against our ethics, one has to ask themselves, “how does this affect my values, and does it affect our values so much that we need to report it to a higher authority”. “Educating the mind without educating the heart is no education at all” (Quotes About Ethics, 2012). If one see something that goes against their personal values and does nothing about it than they need to reevaluate their values. If it is something important to them, than they will do everything within their power to stop whatever they see is wrong.
Culture within an organisation is a system of shared values, beliefs and norms of individuals in the organisation and how the value consensus creates a way in which people behave. The shared values have a strong influence on the individuals in the organisation and dictates how a person acts, dresses and performs in their job. A unique culture is developed and maintained by an organisation which provides guidelines and boundaries, through informal means, for the behaviour of the people within the organisation.
Everyday individuals are faced with issues associated with ethical dilemmas. Ethical dilemmas involve an individual’s behavior toward a moral standard, which may have been established from previous generations and passed along. In upholding the standards taught individual may be forced to take a particular action involving a decision when a behavior is considered non-ethical is when an ethical dilemma occurs. It can become difficult at times in making the correct decisions or solutions to the situation, which is why a code of ethics is established in the workplace. The code of ethics in the
The attitude, values, ideals and beliefs of individuals are greatly influenced by the culture in which they live. Precisely, culture is the sum total of the ways of life of people in a particular society.
Management constitute amongst major components of a company, organization or a business. As such, management oversees employees interactions with their supervisors and also control of people within a particular organization. Also, it includes critical and ethical decision-making process so as to address various ethical dilemmas experienced by employees while undertaking their respective assigned duties within the company. Ethical dilemmas are hereby to stay as issues usually arise now and then and place a variety of options that bear different repercussions. Therefore, it calls for ethical and critical decision-making skills so as to make the most appropriate option that bears more benefits in comparison to other options presented. While making ethical decisions, it 's substantially important to play heed to a certain ethical decision-making theory. This would enable an individual making the decision to ripe best possible consequences rather than living to regret. Moreover, ethical decision making is typically important in business as making a wrong decision may result not only in huge losses but also poor relationship amongst colleagues and miserable life for employee(s) working in a particular company or business in question.
Certainly, many models for ethical decision making exist. The increasing strife increasing business profitability evokes a unique set of challenges for businesses alike. Moral, immoral means, do the right thing, for the right reasons, the right way are viewed as personal decision making. (Ciulla, J., (2003). As leaders, ethical decision making encompasses personal values and beliefs. Therefore, one of the ways a leader’s effectiveness may be viewed, how did, does, their decisions effected the greater good. Over eight years I was employed by Home Depot the core organizational values are, and remain so, doing the right thing each and every day, for the benefit of the companies associate, customers, vendors, suppliers and the communities the company serves is critical to Home Depot’s ongoing success. (Orange Blooded: 2007, March 7).
Our economy has been built upon for decades creating growth within the business industry. Businesses provide jobs, finances, and security for individual’s within society and is a main source of what defines our prosperous country. Every business has an ethical responsibility to its members and employee’s and to society at large. Ethical responsibility is a major component in which society needs to reinforce because it helps create principles, values, and standards, all of which help to guide a person’s behavior (Ferrel et al. 2013). Ethics help to create balance which in turn will have positive results for the business versus negative results. It seems that no matter where we look today, companies like Enron, WorldCom, AIG and many, many
Personal values may conflict with ethical decision making if those personal values are different than the organizational norms of the business or institution. Constructing, and maintaining personal ethics in the workplace rests with the individual, and how willing he or she is in assimilating to the evolving cultural dynamic of the corporate world. Many times a person find their personal, cultural and/or organizational ethics conflicting and must reconcile a course of action that will mitigate cognitive dissonance. In order to be a productive member of society, in small groups and globally, one must reconcile these conflicts on a daily basis and continually move forward while maintaining personal integrity and
In their personal and professional lives, people can and, unfortunately, sometimes do go against their moral and ethical standards. Ethical standards are what it means to be a good person, the social rules that govern our behavior. Ethics in business is essentially the study of what constitutes the right and wrong or the good or bad behavior in the workplace environment. A business is an organization whose objective is to provide goods or services for profit. The organization has a group of people that work together to achieve a common purpose. The moral challenges that these men and women face each day along with a whole range of problems that could occur, are why ethics plays such an important