Skills Related to Ethical Learning and Practices for Business

S.Bhavana
Department of Commerce, Sri Krishna College of Arts and Science, Coimbatore, Tamil Nadu, India
International Conference on Transcending Boundaries in Corporate World (CRYSTAL – 2017)
PG and Research Department of Commerce with Computer Applications,
Hindusthan College of Arts and Science (A), Coimbatore, Tamil Nadu, India
Shanlax International Journal of Commerce
Volume 6, Special Issue 1, December 2017, ISSN: 2320-4168, Pages: 96-98

Abstract

The social dimensions of running a business, including core values, corporate individuality, and ethical behavior – often thought of as the “soft issues” — have become critical competencies for filling a company’s future. Most of us do not make transformative changes as long as what we learn fits tidily into our already construed worldview. We have to learn to change.
The challenge is to figure out a practical course of action that will enable the company to remain competitive while upholding its value and minimizing the security harm caused by its activities. This requires new learning, skill development and leadership training. Corporate delinquency has repeatedly been traced to factors such as unrealistic performance pressures, careless hiring practices, and insufficient training and leadership failures.
This summarises the findings from a study of practicing managers which explored experiences of and views on decision making about actual ethical issues in organizations. Data gathering is being based on a combination of an intensive case study of an organisation and in‐depth interviews with senior managers and management consultants from 32 organizations. A rigorous qualitative analysis of the observed experiences, strategies, and responses to ethical issues and problems resulted in the categorisation of skills associated with; judgment, integrity, courage and humanity. The different ways in which these skills are being integrated led to approaches identified as; legalistic, entrepreneurial, navigation and worried modes. The repertoire of skills which contributes to the selection of these alternative approaches and implications for the development of ethical decision-making practices are being discussed.

Keywords

Decision making, Ethics, Skills, Top management
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