Ethics
What would make business people behave more ethical?
It seems unavoidable these days that it is all about dot com or tech company going through downsizing or layoff due to economy hard times, evolving business climate, product profitability and operation cost decision. Although corporate downsizing is an existing and accepted management tool but the morality is still in doubt. Sadly, most of the time it is unclear at the worker level why he or she is being terminated at an already profitable business. All forms of downsizing are unethical and there is no evidence shows that there is real upside to the company after eliminating the employee in terms of profit increase. In any case, the affects can be serious for the company business itself and employee.
How a company treats immorally downsized employee has in impact to the company itself:
It hurts business’s reputation and affects business partner’s confident of whether their financial support is warranted.
If downsized or doing layoffs are used repeatedly without a thoughtful strategy, it can destroy an organization’s effectiveness in terms of employee’s morale,
Regardless of the severance pay for downsized employee, company usually executed with a brisk, compassionless efficiency that leaves laid-off employee angry
Surviving employees feeling helpless and demotivated which produces a work environment of withdrawal, risk-averse decisions, severely impaired morale and excessive blaming
Often the lack of advance notice about downsizing would also increase mistrust of management among surviving workers. Trust is base on mutual respect and by not giving employees information on the downsizing would create disrespect of each other in the company.
Many managers believe that after a layoff, the less said about it is the better. The more the company tries to hide this discussion and act as if nothing has happened, the more subversive the discussion becomes.
In all case of downsizing, the
It seems unavoidable these days that it is all about dot com or tech company going through downsizing or layoff due to economy hard times, evolving business climate, product profitability and operation cost decision. Although corporate downsizing is an existing and accepted management tool but the morality is still in doubt. Sadly, most of the time it is unclear at the worker level why he or she is being terminated at an already profitable business. All forms of downsizing are unethical and there is no evidence shows that there is real upside to the company after eliminating the employee in terms of profit increase. In any case, the affects can be serious for the company business itself and employee.
How a company treats immorally downsized employee has in impact to the company itself:
It hurts business’s reputation and affects business partner’s confident of whether their financial support is warranted.
If downsized or doing layoffs are used repeatedly without a thoughtful strategy, it can destroy an organization’s effectiveness in terms of employee’s morale,
Regardless of the severance pay for downsized employee, company usually executed with a brisk, compassionless efficiency that leaves laid-off employee angry
Surviving employees feeling helpless and demotivated which produces a work environment of withdrawal, risk-averse decisions, severely impaired morale and excessive blaming
Often the lack of advance notice about downsizing would also increase mistrust of management among surviving workers. Trust is base on mutual respect and by not giving employees information on the downsizing would create disrespect of each other in the company.
Many managers believe that after a layoff, the less said about it is the better. The more the company tries to hide this discussion and act as if nothing has happened, the more subversive the discussion becomes.
In all case of downsizing, the