Ethics & Decision Making

5 inter-related components
to consider
Ethical Considerations

1.Ethical Intensity

1.determinates of
Magnitude
Social Probability
Ethical Intensity Of
Consensus of Effect
Consequence

Concentration
Temporal
Of Proximity
Immediacy
Effect

1
1.Ethical Intensity

Magnitude
g of
Magnitude Consequences
Of
Consequence

1.Ethical Intensity

Social
Social Consensus
Consensus

2
1.Ethical Intensity

Probability
y
Probability of
of Effect
Effect

1.Ethical Intensity

Temporal
p
Immediacy

Temporal
Immediacy

3
1.Ethical Intensity

Proximity
y

Proximity

1.Ethical Intensity

Concentration
Of Effect

Concentration
Of
Effect

4
1.Ethical Intensity Pop Quiz #2

“Managing to be ethical…” article (Trevino & Brown)

Magnitude 1. Briefly describe two business ethics

Social Probability
Of + + myths.
Consensus of Effect
Consequence

+
Briefly describe one of the guidelines
+

2.
executives can use to promote effective
Concentration + + Temporal ethics management
Of Proximity
Immediacy
Effect

2.Ethical Principles & Rules Self-Serving Principles

5
 Hedonism Might
g equals
q Right
g

Organization
g
Interests Balancing Interests

6
Ends-Means Utilitarian

Professional
Standards Concern for Others

Olympic Gold Medalist

Marion Jones Pleads
Guilty in Steroids Case

7
Disclosure Distributive
Justice

Golden Exercise:
Rule Ethical Assessment of a
Decision

8
3. Concern for Others 4. Benefits & Costs

Consider interests & values of

affected
ff t d
Who receives benefits/
who incurs costs?
Don’t assume that others share
your values
Changes over time
Conflicting values lead to
different interpretations of
responsibilities

5.Determination of Rights

Who is entitled to benefits? Ethical

Myths
Who should participate in
decisions to change benefits &
costs?

9
 just a
f
few b
bad
d
It’s easy to apples
be ethical

all we need is a formal ethics

code & program

It’s all about

leader
integrity
g y

10
We are
less
ethical
than we
used to
be

11