Code of Ethics: Dilemmas of Managers
I need some help answering the following questions about managers and ethical dilemmas. Can you please help me get started?
Managers have many opportunities to pursue their own interests and can use their power to take advantage of subordinates, limit their freedom, and even steal their ideas. At the same time, managers may have a natural tendency to become risk averse. In light of these ethical dilemmas, answer the following:
1) What kind of ethical code should an organization create to try to prevent the selfish managerial behaviors that can contribute to inertia? Give an example
2) How can your organization use ethics to encourage managers to maintain a risk-taking attitude that benefits all stakeholders? Give an example.