Transcript Week 3

Week 3
DIFD 321
Ethics
• Standards of moral behavior, that is, behavior that
is accepted by society as right versus wrong.
Ethics
Let’s Get Ethical… Ethical
http://www.youtube.com/watch?
v=wkaozXsKrcs
Dilbert
http://www.youtube.com/
watch?v=2sSWusph3ig
Office Ethics
http://www.youtube.com/watch?
v=vstg5c3c3g8
Ethics in the workplace
http://www.youtube.com/
watch?v=loXqK6D6lbk&f
eature=related
Monsters inc.
http://www.youtube.com/
watch?v=CUCSK1QFwt
s&feature=related
Ethical Decision Making
Recognize an
ethical issue
One
Reflect on your
decision
Two
Five
Three
Act on your
decision
Four
Get the facts
Evaluate
alternative
actions
Ethics
Compliance
Based
Prevent unlawful
behavior by
increasing control
and penalizing
violations
Define the organizations
guiding values and create an
environment that supports
ethically sound behavior
Ethics
Integrity Based
Sarbanes-Oxley
• 2002 Act
• Set new standards for ethical codes within
publically traded businesses.
Ted Talk – Dan Ariely
Why we think it’s okay to cheat and steal (sometimes)
http://www.youtube.com/watch?v=nUdsTizSxSI
Ted Talk – Philip Zimbarbo
The psychology of evil
http://www.youtube.com/watch?v=OsFEV35tWsg
Corporate Philanthropy
• Those activities that companies voluntarily undertake to have a
positive impact on society, including cash contributions,
contributions of products and services, volunteerism, and other
business transactions to advance a cause, issue or nonprofit
organization.
• Donating money and other corporate resources to social causes.
• Corporate philanthropy refers to the practice of companies of
all sizes and sectors making charitable contributions to address
a variety of social, economic and other issues as part of their
overall corporate citizenship strategy.
• Corporate philanthropy is a key component of a corporation’s
broader social responsibility and includes cash gifts, product
donations and employee volunteerism. It serves as a major link
between the corporation and its communities.
Corporate Responsibility
• Obeying the letter and spirit of the law; mitigating or
remedying operational harm; and sustainable
development of natural resources.
• Achieving commercial success in ways that honor
ethical values and respect people, communities, and
the natural environment. Addressing the legal, ethical,
commercial and other expectations society has for
business, and making decisions that fairly balance the
claims of all key stakeholders.
• Companies that consciously integrate strategies that
seek to maximize the creation of environmental and
social value within their core business models,
operations and supply chains.
Management - Review
Controlling
Organizing
Planning
· Prioritizing
· Strategy
· Scheduling
· Optimizing
· Ordering
· Developing
· Leading
· Directing
· Informing
Leading - Review
Leadership
Motivating
Empowering
Concentration & Creation
By
Actions
By
Integrity
By
Character
Leaders vs. Managers
• Are all Managers Leaders?
• Are all Leaders Managers?
Leadership Qualities
• Integrity
• Ethics
• Self-knowledge
• vision
• understand of business and tasks
• approachable
• open to change
• decisive
• committed
• enthusiastic
• and they take care of people
Motivation
• intrinsic reward
• extrinsic reward
Homework
• Watch the following 3 videos and write a 1
paragraph response to each. Email it to me at
[email protected] by 11:59PM on
9/18/2014
• Simon Sinek – Why?
• Malcom Gladwell – our potential
• Drew Dudly – everyday leadership