ETHICS FOR MANAGERS:

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 ETHICS FOR MANAGERS:

• MANAGER: The managers are the persons who perform the functions of
management. A manager is a person who is tasked with overseeing one or more
employees or departments to ensure these employees or departments carryout assigned
duties or not.
• MANAGERIAL ETHICS: Managerial ethics is a set of principles and rules dictated
by upper management that define what is right and what is wrong in an organization. It
is a guideline that helps to direct lower manager’s decisions regarding job when a
conflict of values is presented.
 ETHICAL ACTIVITIES BY MANAGERS:

A study conducted by BARRY POSNER and WARREN SCHMIDT highlights following ethical activities
by managers.
• The foremost goal of managers is to make their organization effective.
• Attending to customers is also important by being updated with changes in their needs and expectations.
• Integrity is the characteristic most highly rated by managers at all levels.
• Seeking advice of others at the time of dealing with complex ethical problems.
• Enforce the code and related policies consistently.
• Supporting employees, who is good faith, raise issues or concerns.
 TYPES OF MANAGEMENT ETHICS:

• 1.IMMORAL MANAGEMENT: Immoral management not only lacks ethical principles but also opposed to
ethical behavior. This is characterized by,
• Concern for company gains
• Emphasis on profits
• Emphasis on company success at any price.
• 2. MORAL MANAGEMENT: Moral management follows ethical principles and percepts. Here, moral
managers also have desire to succeed but they seek to do so within the ethical standards fairness, justice etc.
• 3. A MORAL MANAGEMENT: Amoral management is neither immoral nor moral but, rather ignores is
obvious to ethical considerations. It may be intentional or unintentional.
 ETHICAL PRINCIPLES FOR MANAGERS:

• i. LAW ABIDING: Managers should abide by laws, rules and regulations relating to their
business.
• ii. COMMITMENT TO EXCELLENCE: Managers should pursue excellence in performing
their duties, are well informed and prepared and tend to raise proficiency in all areas.
• iii. COMMON GOOD: The actions performed by managers should have greatest good for
greatest number of people by protecting their rights.
• iv. FAIRNESS: Managers should be fair, commitment to justice, equal treatment of
individuals open-minded willing to admit they are wrong and so on.
• v. LOYALITY: Managers should be loyal regarding promise keeping, keeping public trust, excellence
in quality of work commitment to laws etc.
• vi. HONESTY: Managers should be honest by understanding their company’s policies and guidelines,
as well as its mission, laws of government and so on.
• vii. ACCOUNTABILITY: Good managers expect their workers to take responsibility for their actions
and overall performance. This means answering to ownership when things don’t go right, accepting
blame and coming up to solutions.
• viii. INTEGRITY (MEANS QUALITY OF BEING HONEST): Managers who possess integrity are
often consistent in their decisions-making and resolution of issues.
• ix. RESPECT: Managers need to treat staff member’s customers and their own supervisors with the
same respect they would expect for themselves.
• x. FLEXIBITIY: Good managers show their workers how jobs are best performed then monitor
workers and other suggestions and tips.
THANK YOU
ANY QUIERIES ?