• Why do we thing doing something specific in ethics (classes, organizational training and initiatives.. ) is important? examples: social trends such as going green, etc. ; diversity; communication and new technology allow us to be better informed about what organizations are doing, ETC. • Why focus on ethics?
A management perspective (increased diversity of values, cultures, beliefs about what is “right, good, fair, honest, respectful”; increasing public expectations towards organizations; increased expectations of transparency and accountability; need trust to live together and to do business-trust is related to perceived integrity and concern for others; employee commintiment and motivation-renewing with the meaning of one’s work; equilibrium between the coomon good and indivudalism and rights; increasing complexity of issues; globalization; etc. The Cost of a Lack of Ethics in Organizations (increased risks of a crisis, lawsuits, accidents, fines; loss of trust of key stakeholders “clients, partners, public, employees, shareholders…”; increased costs due to lack of quality or efficiency or poor client service; inaccurate information affecting decision making; loss of key employees or difficulty in recruiting the best; …plus the social and human costs! ) • What is Ethics? (ethics is more than just compliance with the law or obeying company policy? oing the best we can