Basic Business Ethics Two fundamental ethics that apply to PurpleSky, Inc. scenario, are integrity/trust and decision making. Ethics is defined by Merriam Webster’s Dictionary, as a guiding philosophy, or the discipline dealing with what is good and bad and with moral duty and obligation (ethic, 2017). Lightbulb moment, ethics is doing the right thing, adhering to a moral guiding philosophy, so is the CEO behaving in an ethical manner? No, plain and simple he is not, he is undermining himself, his management team, his staff, and the organization. Now, does this make him a bad guy, no, he is just limited in his understanding of effectively running an organization, I would assume he has some trust issues, and he believes that he must have …show more content…
Ethically, he should be serving the role as CEO, and allow the managers to serve their roles, and the managers can allow the employees to server their respective roles. With that said, it is important to realize that he identifies a problem within the staff, he has hired me to complete team building, his ability to sense the issues, signal that he is willing to change, although this may not be his history, perhaps he will be willing to embrace the changes. Therefore, at this moment in time, Purplesky, Inc. lacks integrity, trust, and effective decision making. A similar example is a case study that I worked with, XYZ spa, is an organization that I worked with, the owners began the company as massage therapists, and in ten years, they had grown to more than a dozen locations. Their theory had always been to run each location exactly as they had run their first location. This had proved to be an unrealistic goal, they were so busy trying to split their time, and energy evenly, and ensuring that each employee understood their personal goal for the business. The Managers and staff felt micro-managed, lack of trust, poor communication as well as a …show more content…
I was able to develop a business protocol, outlining their ethical profile, with the necessary division of responsibilities to effectively allow each manager to run their location, with their own management style, while adhering to the company’s core values. Although the owners came to me to create a team-building program, I was able to identify obstacles that would hamper the success of a team-building program on its own. The overall value of a complete analysis, provides clarity in pinpointing the problem itself, allows for comprehensive successful business model, creating the necessary steps in building a positive and productive foundation to build upon. XYZ Spas, had now expanded to more than two dozen locations, they have an annual team-building event, in which they learn from each other, and are challenged by various team-building exercises. The owners have become one of my most proactive, references, spreading the story of their success and the valuable lessons I was able to teach them. Often you will find that an individual that has built the business themselves, can have a little problem relinquishing control, there is a pride and devotion that engrained in an individual that has dedicated
The President is the organization’s one primary stakeholder. He ultimately decides who is hired or remains
I would advise the CEO that to better serve the company’s desire we would start with a strategic plan by setting goals and objectives. It would be best to elicit the opinions of every staff member on how they feel about the company’s goal. After listening to the staff opinions on how best to implement the goals, a plan is to be put in place detailing the steps by steps on how to achieve each tasks. I would emphasize to the CEO the importance of setting goals and communicating them effectively to the staff members, especially those who will be the managers. Additionally, the CEO is to consider the needs of each individual in the company. It is important to address both the task and the needs of the employees ( Phillips & Gully, 2014).
The members in this type of team collaborate to share in management and decision-making roles, while maintaining accountability for organizational responsibilities under their direction. Although, this team method system may not be suited for all companies, in order for self-directed to be successful, managers and supervisors will need to become facilitators or coaches. Proper planning and communication plays a vital role in this transition, as is examined in the case study presented.
One of the most successful companies of recent memory is Whole Foods, the all-organic grocery store that caters to customers who are concerned about the 'sourcing' of their foods. A cornerstone of Whole Foods' success is its use of team leadership to enable the organization to fulfill its functions and mission. This paper will evaluate how Whole Foods uses teams to advance its interests and create a positive corporate culture.
Recent years, there is an increasing rate on sexual scandals of Chief Executive Officers from business and political area. As a result, these CEOs not only lost their jobs because of bad influence from sexual harassment, but experience a higher chance of ruining company’s reputation and firm future performance. Under this circumstance, an increasing number of companies decide to add code of moral into the area of corporate governance and declare that CEOs should resigned or be fired when they related to some scandals. However, other corporations choose to not fire the CEO and at the meantime to help them hide this news from the media and the public.
What does a builder, manufacturer, and software company owner all have in common? The ability to work together to gain the experience, insight, and wisdom to help each other obtain success in their individual businesses, all while improving their work-life balance.
This scenario is difficult to understand. The utilitarian debate argues that the status of bringing helpful financial consequences is something that is worth obtaining (Mill, 2007). Bill Gates thereby must be permitted to attain the corporation and manage it as he deems it appropriate. Nonetheless, ethical leadership grows into all factors of management. For instance, it’s
running one group for six months or longer seems quite exorbitant! The theme of this book was based on an organizational approach to effective team building skills. The fable began by giving a brief background of the cooperation, DecisionTech, Inc. which was what this story was centered around. There was a new CEO, of the corporation, Kathryn, and her main task was to create effective teamwork among her staff who were the key leaders of this company. After observing the interaction and dialogue of all team members for several weeks, she finally decided to call an off-site meeting and invited her staff members to attend. The meeting was to take place just far enough to where
(Panza & Potthast, n.d.) Ethics is very important to a company’s success. Ethical behavior can bring benefits to a business. They can attract customers, which can lead to a boost in sales and profits. It can attract the right employees and increase productivity. It can also attract investors and keep the company’s share price high. Unethical behavior on the other hand can damage a company’s reputation and make it less appealing to stakeholders. It could also result in lower profits.
It is only during moral lapses and corporate scandals that interest groups and the broader public ask themselves the fundamental ethical questions, who are the managers of the organization and were they acting with the ethical guidelines. For a long time, the issue of ethics was largely ignored, with organizations focusing on profit maximization. However, this has changed, and much attention is now focused on ethics management by researchers and leaders. The issue of ethics has arisen at a time when public trust on corporate governance is low, and the legitimacy of leadership is being questioned. Leaders are expected to be the source of moral development and ethical guidance to their employees.
In today’s world people would have you believe that ethics is a questionable requirement. That ethics is based on perception. Wither we see ethics the same way or not in the business world we should all agree that right is right and wrong is wrong. In business we should all live by a certain standard of fairness that includes an amount of personal morals that prevent you from simply following the crowd. If you want to be a true leader in the business world it requires a certain amount of courage to do what is right regardless of the personal consequences.
Mr. Stonecipher was hired to “clean up” Boeing, and to keep the company out of the “ethical spotlight.” It was therefore his duty to live by the standards he enforced. If he was unable to do that, then he should have stepped down as CEO before this extra-marital affair was brought to light. Hypocrisy is no way to lead a company. It will only cause dissension among peers and employees.
The company has no receiving department, nor receiving report, and for proper separation of duties, the employee responsible for receiving should have been separate from the storeroom personnel clerks.
Leadership is by all means a special talent that not all people possess. A leader must also have ethics to be effective for the long term in the corporate world. These leaders generally implement ethical programs in order to influence an organizations climate (Yukl, 2010). I will evaluate the importance of ethical leadership and the role it plays into today’s organizations. In addition, I will discuss the repercussions a company may have when its leadership allows and even rewards unethical business practices. Lastly, I will apply my personal leadership perspective. My perspective will include the path-goal theory and ethical practices that I find important to
A recent meeting of managers unveiled a concerning issue to corporate management. Many of the teams created during a recent merger have failed to perform to the expectations of the company’s leadership. During this meeting a discussion occurred as to why some managers were successful and others were not. The root of the issues revealed that amongst the successful teams was found a positive attitude and willingness to work together not seen on the teams that were struggling. The heart of the positivity and team cohesion was the manager who fostered an environment of openness and self- management, yet kept the team focused on company’s strategy at all times.