Transcript Business Ethics

Business Ethics
For My Friends in BSAD 101
By Thomas Hilton
Trust
• Do you want to be trusted?
• Do you want to trust your
associates?
• What happens to relationships
as trust decreases? Increases?
Topics for Today
• Definitions
• Examples
• Assignment
Definitions:
Ethics
Rules of right and wrong
behavior in a particular field
Definitions:
Business Ethics
• Rules of right and wrong behavior in
business
• Foundation of the trust essential for
commerce
• Sometimes arbitrary: “Gaming Ethics”
• Based on universal moral principles
Definitions:
AACSB International
Association to Advance Collegiate Schools of Business
• Accredits Virtually all Reputable US Business
Schools, Including UWEC
• Aims to Educate Business Leaders
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“Business and society are mutually interdependent: Society depends on
business for wealth creation while business depends on society for an
environment wherein it can meet its obligation to create that wealth.”
•
“…business schools cannot be expected to assume total responsibility for
ethical debacles in [business]… Nonetheless, …the time has come for
business schools…to renew and revitalize their commitment to the centrality
of ethical responsibility at both the individual and corporate levels in
preparing business leaders for the twenty-first century.”
Ethics Education in Business Schools
Report of the Ethics Education Task Force to AACSB International’s Board of Directors
http://www.aacsb.edu/resource_centers/ethicsedu/eetf.asp
Definitions:
AACSB International’s Four
Broad Ethics Themes
• Responsibility of Business in
Society
• Ethical Decision-Making
• Ethical Leadership
• Corporate Governance
Definitions:
AACSB Core Business Ethics
• Produce Wealth for Society
• Distribute that Wealth
Appropriately
• Enhance these Abilities for the
Future
Three Questions…
• What is “Wealth”?
• Who is “Society”?
• What is “Appropriate”?
Cases
Answer the Three Questions
• Hint: Use the Systems View
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Mayo Health System
Statz Construction
Aldi International
Accenture
Harley Davidson, Inc.
Personal Connections
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Professional Ethics
Learn Them
Use Them
Influence Others to Use Them
Support Ethical Management
Conclusion
• The world runs on information
systems
• People run information systems
• The people who run the
information systems run the
world
• Be careful not to break it
Assignment
• Memo
– One-page Defending Your Opinion of
Illegal Music File Trading
• Grading
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Content
Organization
Language mechanics
Format
• Deadline
– Email it to me by the start of Wednesday’s
class