Term
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Definition
| who you are when you take away all of the titles and possessions, what would you never do to get results in your life. |
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Term
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Definition
| A higher standard then law (honesty, fairness, justice) |
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Term
| Philosophical groups (list 8) |
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Definition
1. Divine Command Theory Based on Religious Beliefs – guidance from a supreme being. Natural Law – rights created by God. (Dec. of Ind.)
2. Ethical Egoism Theory - We all act in our own self-interest.
3. Utilitarianism – greatest happiness principle. greatest good to most. Minimize harm, maximize benefits. Balance effects on all affected.
4. Categorical Imperative - cannot use others to give you a one-sided benefit. Context is major. “One standard for all.”
5. The Contractarianists and Justice - (Social Contract) Start with blank slate … all agree to rational rules
6. Rights Theory - Everyone has rights the government protects. Human Rights to Abortion. Political issues.
7. Moral Relativism - Circumstance Ethics. Situational.
8. Virtue Ethics - Plato and Aristotle - (Requires training. Must nurture a set of virtues.) |
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Term
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Definition
Ability
Acceptance
Amiability
Articulateness
Attentiveness
Autonomy
Caring
Charisma
Compassion
Cool headedness
Courage
Determination
Fairness
Generosity
Graciousness
Gratitude
Heroism
Honesty
Humility
Humor
Independence
Integrity
Justice
Loyalty
organization
Pride
Prudence
Responsibility
Saintliness
Shame (capable of)
Spirit
Toughness
Trust
Trustworthiness
Wittiness
Zeal |
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Term
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Definition
Taking things that don’t belong to you
Saying things you know are not true
Giving or allowing false impressions
Buying influence or engaging in a conflict of interest
Hiding or divulging information
Taking unfair advantage
Committing personal decadence
Perpetrating interpersonal abuse
Permitting organizational abuse
Violating rules
Condoning unethical actions
Balancing ethical dilemmas |
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Term
| How We Avoid Ethical Dilemmas: Rationalizing |
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Definition
“Everybody else does it.”
“If we don’t do it, someone else will.”
“That’s the way it has always been done.”
“We’ll wait until the lawyers tell us it’s wrong.”
“It doesn’t really hurt anyone.”
“The system is unfair.”
“It’s a gray area.”
“I was just following orders.”
“We all don’t share the same ethics.”
“If you think this is bad, you should have seen . . .”
Calling it by another name
“Copyright Infringement” vs. “Peer-to-Peer File Sharing”
“Cooking the Books” vs. “Smoothing Earnings”
“Fraud” vs. “Financial Engineering”
“Earnings Manipulation” “Lying?” vs. “Aggressive Accounting”
“Illegal” vs. “Aggressive Legal Opinion”
“Manipulating Results” vs. “Deseasonalizing the Data” |
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Term
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Definition
| Primum non nocere - Above all, do no harm. |
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Term
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Definition
Have you defined the problem accurately?
How would you define the problem if you stood on the other side of the fence?
How did this situation occur in the first place?
To whom and to what do you give your loyalty as a person and as a member of the corporation?
What is your intention in making this decision?
How does the intention compare with the likely results?
Whom could your decision or action injure?
Can you discuss your decision with the affected parties?
Are you confident that your position will be as valid over a long period of time as it seems now?
Could you discuss your decision with your CEO, board, friends, boss, family?
What is the symbolic potential of your action if understood? If misunderstood?
Under what circumstances would you make exceptions to your position? |
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Term
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Definition
| 1.Is it legal? 2. Is it balanced? 3. How does it make me feel? |
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Term
| Jennings’ National Enquirer Model |
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Definition
| “Make up the worst possible headline you can think of, because that’s what you are going to get.” |
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Term
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Definition
Am I in compliance with the law?
What are the consequences of my actions and decisions?
What contribution will my conduct make to the company, the shareholders, the employees, the community?
C3 : Compliance, Contribution, Consequences |
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Term
| Resolving Ethical Dilemmas: |
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Definition
Kant and the Categorical Imperative
The Golden Rule
Ethical Analysis |
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Term
| Kant and the Categorical Imperative – |
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Definition
cannot use another to your own ends.
Am I willing to live in a world that is subject to my rules or would I resent those who behave by my rules?
What if the world behaved according to my rules? Would I be comfortable or would I be nervous?
Note of interest: Kant wants you to do things for the right reason not simply to avoid being caught. |
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Term
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Definition
| Treat others as you want to be treated, and How would you feel if you were on the receiving end of your conduct? |
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Term
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Definition
Make sure you have a grasp of all of the facts available.
List any information you would like to have but don’t and what assumptions you would have to make, if any, in resolving the dilemma.
Take each person involved in the dilemma and list the concerns they face or might have. Be sure to consider the impact on those not specifically mentioned in the case.
Develop a list of resolutions for the problem. Apply the various models for reaching this resolution.
Evaluate the resolutions for costs, legalities and impact.
Make a recommendation on the actions that should be taken |
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Term
| Differences between ethics and business ethics – two views |
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Definition
Ethics are ethics. Right and wrong don’t change when you leave the house. People don’t change when they become CEO. Unethical at work, unethical at home … you are who you are.
Business is a game … nobody expects you to be completely honest. It is a dog-eat-dog world out there … |
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Term
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Definition
| Primum non nocere: First (knowingly) do no harm. There is neither separate ethics for business nor should there be. |
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Term
| Albert Z Carr - Is Business Bluffing Ethical? |
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Definition
The basis for private morality is a respect for truth.
Bluffing in business is game strategy. (like in poker) bluffing is not held against the player
Falsehood is not falsehood if truth is not expected by all players. (diplomacy, poker and business.) |
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Term
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Definition
Would you dye your hair to look younger?
What about contact lenses?
What about covering up tattoos for an interview?
Would you donate to a political candidate you do not support personally because your employer asked you to make that donation? |
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Term
| How Leaders Lose Their Way |
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Definition
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