▪ Introducing straight talk about ethics, where are we going and why?
▪ The approach to this course. What makes a course excellent?
▪ Why be ethical? The importance of trust and values
1. Moving Beyond Cynicism:
□ Edelman Trust Barometer (2009):
o More than half of respondents say they trust business less than they did a year ago
▪ Worse in the U.S.
▪ No decline in BRIC countries (Brazil, Russia, India, China)
o Business case for trust:
▪ 91% of consumers purchase products from companies they trust
▪ 77% of consumers refuse to purchase products from companies they don’t trust
2. MBA Oath …show more content…
Deindividuation – People Fulfill Assigned Roles
■ Research: Zimbardo Prison experiment ■ Roles at work ■ Conflicting roles can lead to unethical behavior ■ Roles can support ethical behavior ■ Practical advice for managers ■ Roles influence behavior ■ Analyze roles and role conflicts ■ Determine whether jobs need to be altered
6. People Do What They’re Told
■ Research: the “shocking” Milgram experiment ■ Obedience to authority at work ■ Practical advice for managers ■ Recognize the power managers hold as legitimate authority figures ■ Use this power to set high ethical standards
7. Diffused Responsibility
■ “Don’t worry – we’re taking care of everything” ■ Workers encouraged to turn over responsibility to those in higher levels ■ Diffusion of responsibility in groups ■ Bystander research ■ Groupthink and “illusion or morality” ■ Ensure that alternative views are aired ■ Divide responsibility ■ Specialization ■ “Fragmentation of conscience” ■ Create psychological distance ■ Practical advice for