Scribd Logo
Upload

Welcome to Scribd!

  • 125 views

    3 - 8 Steps To Making An Ethical Decision

    Uploaded by

    DennisBriones
    The document outlines an 8-step process for making ethical decisions in business: 1) Gather facts; 2) Define the ethical issues; 3) Identify affected parties; 4) Identify consequences for each party; 5) Identify obligations of stakeholders; 6) Consider your character and integrity; 7) Think creatively about potential actions; 8) Check your gut feeling about the decision. Key aspects of each step are defined, such as considering short-term vs long-term consequences and whether a decision would pass the "disclosure rule".

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd

    3 - 8 Steps To Making An Ethical Decision

    Uploaded by

    DennisBriones
    125 views6 pages
    The document outlines an 8-step process for making ethical decisions in business: 1) Gather facts; 2) Define the ethical issues; 3) Identify affected parties; 4) Identify consequences for each party; 5) Identify obligations of stakeholders; 6) Consider your character and integrity; 7) Think creatively about potential actions; 8) Check your gut feeling about the decision. Key aspects of each step are defined, such as considering short-term vs long-term consequences and whether a decision would pass the "disclosure rule".

    Original Description:

    ethical

    Original Title

    3- 8 Steps to Making an Ethical Decision

    Copyright

    © © All Rights Reserved

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The document outlines an 8-step process for making ethical decisions in business: 1) Gather facts; 2) Define the ethical issues; 3) Identify affected parties; 4) Identify consequences for each party; 5) Identify obligations of stakeholders; 6) Consider your character and integrity; 7) Think creatively about potential actions; 8) Check your gut feeling about the decision. Key aspects of each step are defined, such as considering short-term vs long-term consequences and whether a decision would pass the "disclosure rule".

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    125 views6 pages

    3 - 8 Steps To Making An Ethical Decision

    Uploaded by

    DennisBriones
    The document outlines an 8-step process for making ethical decisions in business: 1) Gather facts; 2) Define the ethical issues; 3) Identify affected parties; 4) Identify consequences for each party; 5) Identify obligations of stakeholders; 6) Consider your character and integrity; 7) Think creatively about potential actions; 8) Check your gut feeling about the decision. Key aspects of each step are defined, such as considering short-term vs long-term consequences and whether a decision would pass the "disclosure rule".

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    of 6

    Ethics: 8 Steps to Ethical Decision

    Making In Business

    Step 1: Gather the


    Facts
    Asking questions about
    the issue is
    important!
    ?) How did the situation
    occur?
    ?) What issues do both
    sides bring to the
    table?
    ?) Is there any
    background information
    I am given?

    Step 2: Define the


    Ethical Issues
    ?) Why are people
    upset?
    In most cases, one side
    or the other does not
    agree on what the
    issue really is. You
    need to define the
    ethical issue for
    yourself before you
    can make a sound
    decision.

    Ethics: 8 Steps to Ethical Decision


    Making In Business
    Step 3: Identify the
    Affected Parties
    The affected parties
    are anyone who is
    effected by the
    consequence of the
    ethical issue.
    Sometimes not all of
    the effected parties
    are mentioned,
    however, they still
    need to be
    considered.
    ?) Who are all of the
    effected parties

    STAKEHOLDER: Those
    who have a stake in
    the organization and
    how it performs.
    These can include:
    Owners, managers,
    customers,
    employees,
    suppliers, the
    community, the
    government, the
    natural environment,
    and of course
    stockholders.

    Ethics: 8 Steps to Ethical Decision


    Making In Business
    Step 4: Identify the
    Consequences
    After you identify
    each party involved,
    identify the
    consequences for
    each party.
    ?) How does each
    partys consequences
    fair when compared
    with the outcome?

    Long Term vs.


    Short Term
    Consequences
    ?) How will the
    ethical decision
    effect the
    parties in the
    long term and
    the short term.

    Ethics: 8 Steps to Ethical Decision


    Making In Business
    Symbolic
    Consequences
    Every decision and
    action sends a
    message.
    ?) What message will
    be sent by the
    ethical decision?
    ?) What will happen if
    it is misunderstood?

    Consequence of
    Secrecy
    Sometimes a decision
    is made in private
    to avoid
    confrontation or
    negative reaction.
    ?) Is it a sound
    ethical decision if
    the decision must be
    hid from some
    stakeholders?

    Ethics: 8 Steps to Ethical Decision


    Making In Business
    Step 5: Identify the
    Obligations
    When determining an
    ethical issue it is
    important to look at
    the obligations of
    the stakeholders and
    make sure that each
    is justified.

    ?) What are each


    parties obligations?

    Step 6: Consider Your


    Character and Integrity
    Society defines what
    ethics is for us,
    however, the community
    of the stakeholders may
    have a different view
    than you. When making
    an ethical decision you
    must consider the
    following
    ?) Disclosure Rule: If you
    do not want others to
    know about it then you
    should not be doing it!

    Ethics: 8 Steps to Ethical Decision


    Making In Business
    Step 7: Think
    Creatively about
    Potential actions
    Before a final decision
    is rendered make sure
    you have unnecessarily
    forced yourself into a
    corner. Many ethical
    decision are not A or
    B choices, get
    creative about other
    ways to solve the
    problem.
    ?) What is another way
    to solve the problem?

    Step 8: Check
    your Gut

    ?) How do you feel


    about the ethical
    decision?
    ?) Was the
    conclusion easy
    for you to come
    up with?

    You might also like