Business Ethics- Ending Perspectives - Daniel J. Stone

Business Ethics- Ending Perspectives

Daniel J. Stone
Ohio Dominican University In international education as an English language provider to students of an intensive English for Academic Purposes program, the study of business ethics has brought new insights and awareness to my view of ethical decision making in the areas of stakeholder analysis, corporate social responsibility, and globalization.? For example, having spent the past two years with my current landlord, it is important that relationships are formed with the various departments and groups on campus to ensure that the common good of the organization that I represent is shown in a positive way.? By assessing the nature of each group that plays a stake, I can ensure that I keep that group engaged and on point (Weiss 2009).???
Next, the corporate social responsibility of a business is to blend profit making with acknowledging that the most valuable asset of the business are its people and balance the materialistic and humanistic aspect of life in the workplace.? Without this basic concept, loyalty will fall by the waist sides and the business will never meet its full potential due to turnover (Weiss 2009).?????
In terms of globalization, I see things from a different perspective, think about things more deeply and appreciate a global point of view because of my time spent overseas and my relationship to my wife.? This aspect of globalization gives me credibility with international students and in the field of cross culture consulting (Weiss 2009).?????
Since starting this class, I have learned many things about myself.? For example, the negative aspects of downsizing that I experienced and the aftermath were a psychological toll which is common for those that go through that experience.? Therefore, if there are any issues from that experience and my most recent experience of being a survivor of a downsizing and was overworked which brought out some of my negative characteristics, I need to find ways to better protect myself and the organization as a leader (Weiss 2009).?????
The most valuable information that I have gathered throughout this course was stakeholder management?s defining purpose, mission, and values.? Early on, I would often be approached by potential customers and since the products and services offered did not quite match, I would feel uneasy turning them away.? However, by asking the four questions to identify a strategy and leading the organization correctly, I should be aligned with the company?s purpose.? Those questions are:? What business are we in?? What is our product or service?? Who are our customers?? What are our core competencies?? By defining the organization?s purpose, mission, and values, the time and effort of my future decision making in the workplace will be central to internal alignment, external market effectiveness, and responsibility towards stakeholders (Weiss 2009).??? ???????? To conclude my six weeks of business ethics, my philosophy as it pertains to the practice of business in today?s dynamic business environment is that making a profit and having that profit maximized is paramount.? However, the most valuable asset to an organization is its people and the infrastructure of the workplace.? Therefore, the corporate social responsibility of my employer will need to reflect this to ensure my longevity with the organization.? Also, by exercising discipline to not borrow against the future is essential.? When a company does this, I believe that stakeholder analysis will lead me to ?win-win? collaborative outcomes since I will have evaluated the corporate strategy with stakeholders.? Also, people will meet their full potential when an organization exercises discipline to not borrow against its future.? This is because endless exchange of ideas in the present is not hindered by decisions for the future such as whom to layoff and who to keep in a downsizing.? Nobody will be left to languish meaning that precious time is stolen from them that could be used for them to move onto something else.? As the old saying goes, ?It is best to give bad news early.??? Prior to the start of this class, my ethical philosophy as it pertained to the business world was to know my values since my values are the foundation for everything that I do.? Therefore, it is important to keep my behavior in line with my values.? This would lead me to success and happiness in all aspects of my life.? The further my behavior is away from my values, the more stress I would receive.? As a result of this course, my current philosophy has changed since ethical and moral issues in business can be examined from at least five levels which are individual, organizational, association, societal, and international.? Weaknesses in an organization?s business ethics can be detected when core values and beliefs are applied at each of the five levels.? The problem then comes from having individual values of the universal belief system and dealing with people on the opposite side of the business ethic level which is international which has the utilitarian belief system which is the greatest good for the greatest number of people (Weiss 2009).????

Weiss, J. (2009).? Business Ethics:? A Stakeholder & Issues Management Approach.? Fifth

http://daniel-j-stone.blogspot.com (C) 2009-12

Source: http://daniel-j-stone.blogspot.com/2012/09/business-ethics-ending-perspectives.html

monta ellis election results wiz khalifa taylor allderdice mixtape reggie wayne taylor allderdice vincent jackson vicki gunvalson