Ralph Potter developed a box in the 1960s to help reason through ethical dilemmas called Potter's Box. It organizes questions into 44 main categories including facts, loyalties, values, and principles. When using the box, one lists all known facts, considers relevant loyalties like shareholders and customers, determines key values that could influence the decision, and allows values to be the most important factor. An example is a pharmaceutical company deciding whether to take a drug off the market based on weighing facts like safety studies and costs against loyalties to stakeholders and prioritizing values like customer health over profits.
Ralph Potter developed a box in the 1960s to help reason through ethical dilemmas called Potter's Box. It organizes questions into 44 main categories including facts, loyalties, values, and principles. When using the box, one lists all known facts, considers relevant loyalties like shareholders and customers, determines key values that could influence the decision, and allows values to be the most important factor. An example is a pharmaceutical company deciding whether to take a drug off the market based on weighing facts like safety studies and costs against loyalties to stakeholders and prioritizing values like customer health over profits.
Ralph Potter developed a box in the 1960s to help reason through ethical dilemmas called Potter's Box. It organizes questions into 44 main categories including facts, loyalties, values, and principles. When using the box, one lists all known facts, considers relevant loyalties like shareholders and customers, determines key values that could influence the decision, and allows values to be the most important factor. An example is a pharmaceutical company deciding whether to take a drug off the market based on weighing facts like safety studies and costs against loyalties to stakeholders and prioritizing values like customer health over profits.
I/ Potter’s Box=useful guide for resoning through this process.
A. Dev. By ethicist Ralph Potter (1960s)
B. Questions organized into 44 main categories - equal and interrelated. 1. Facts 2. Loyalties 3. Values 4. Principles II/ Facts A. Listing everything that is known about it. 1. Ex: a pharmaceutical co. Sells drug w/negative side effects. 2. Facts, e.g: cost of talking the drug off the market, Safety studies, beneffits of keeping on the market, how much corp. knows, What has been done re:problem. III/ Loyalties A. Giving a clear picture of what the repercussions. 1. In the corporate world, loyalties often extend to more than just shareholders. 2. Ex: In the hypothetical pharmaceutical company: included shareholders, customers, broader community, etc. IV/ Principles A. Values can be the most determine factor in dilemma. 1. Ex: a pacifist opposed to working for a co. serving a war. 2. Ex: In the hypothetical pharmaceutical company: the leaders detemine values in the decision-making process (e.g. reputation, the health of the customers, etc) 3. worldview prior other’s values (e.g. earning a steady paycheck)