Professional Documents
Culture Documents
The Individual in The Organisation: Thinking and Managing Ethically
The Individual in The Organisation: Thinking and Managing Ethically
THE INDIVIDUAL IN
THE ORGANISATION
Dr. Keith Y.N. Ng
Ph.D., MBA, MCIM
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Computer Theft
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Trade Secrets
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Insider Trading
Information can lead to other types of unethical behavior.
Insider trading, the act of buying or selling company stock on
the basis of confidential or proprietary information, is illegal and
unethical.
Some argue that insider trading is actually ethical and socially
beneficial; it does not harm anyone and helps the stock price
reflect its true value, they maintain.
These arguments ignore basic facts about insider trading: the
information being proprietary, does not belong to the trader
(stolen property).
Research shows that insider trading violates people's rights, based
on unjust advantage, harms overall utility of society.
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Wages
Setting a fair wage is both important and difficult,
so employers will need to consider these factors:
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Freedom of Conscience
Workers may think they have freedom of conscience,
If they found their firm doing something that harms
society, few legal options available if management does
nothing
Company has legal right to punish employee who informs
against the firm with firing or blacklisting.
May have a clear violation of an individual's right to
freedom of conscience, the law states that employee's duty
is to maintain loyalty and confidentiality towards employer
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Whistleblowing
Whistle blowing - attempt by employee to disclose wrongdoing
in an organization,
Take two forms:
Internal - reported only to management within organization.
External - reported to others (such as governmental agencies or the
media).
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Exploitive Authoritative
Benevolent Authoritative
Consultative
Participative
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1.
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5.
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advance notice,
severance pay,
health benefits,
early retirement,
transfers, retraining,
and phasing out local taxes.
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Organizational Politics
Organizational politics is defined as the process by which
individuals or groups within an organization use nonformally sanctioned tactics (political tactics) to advance
their own aims
Such aims are not necessarily in conflict with the best
interests of the organization.
Because organizational politics aim to advance the
interests of an individual or group, political individuals
tend to be covert, which means that they can easily become
deceptive or manipulative.
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1.
2.
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6.
Controlling information.
Developing a base of support for one's ideas.
Image building.
Ingratiation.
Associating with the influential.
7.
Creating obligations.
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