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1、PowerPoint Presentation by Charlie Cook Copyright 2005 Prentice Hall, Inc. All rights reserved.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,52,L E A R N I N G O U T L I N E Follow this Learning Outline as you read and study this chapter.,What is Social Responsibility? Contrast the classi

2、cal and socioeconomic views of social responsibility. Discuss the role that stakeholders play in the four stages of social responsibility. Differentiate between social obligation, social responsiveness, and social responsibility. Social Responsibility and Economic Performance Explain what research s

3、tudies have shown about the relationship between an organizations social involvement and its economic performance. Explain what conclusion can be reached regarding social responsibility and economic performance.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,53,L E A R N I N G O U T L I N E

4、 (contd) Follow this Learning Outline as you read and study this chapter.,The Greening of Management Describe how organizations can go green. Relate the approaches to being green to the concepts of social obligation, social responsiveness, and social responsibility. Values-Based Management Discuss w

5、hat purposes shared values serve. Describe the relationship of values-based management to ethics.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,54,L E A R N I N G O U T L I N E (contd) Follow this Learning Outline as you read and study this chapter.,Managerial Ethics Contrast the four view

6、s of ethics. Discuss the factors that affect ethical and unethical behavior. Discuss the six determinants of issue intensity. Explain what codes of ethics are and how their effectiveness can be improved. Describe the important roles managers play in encouraging ethical behavior.,Copyright 2005 Prent

7、ice Hall, Inc. All rights reserved.,55,L E A R N I N G O U T L I N E (contd) Follow this Learning Outline as you read and study this chapter.,Social Responsibility and Ethics in Todays World Explain why ethical leadership is important. Describe how managers can provide ethical leadership. Describe s

8、ocial impact management.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,56,What Is Social Responsibility?,The Classical View Managements only social responsibility is to maximize profits (create a financial return) by operating the business in the best interests of the stockholders (owners

9、of the corporation). Expending the firms resources on doing “social good” unjustifiably increases costs that lower profits to the owners and raises prices to consumers.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,57,What Is Social Responsibility? (contd),The Socioeconomic View Management

10、s social responsibility goes beyond making profits to include protecting and improving societys welfare. Corporations are not independent entities responsible only to stockholders. Firms have a moral responsibility to larger society to become involved in social, legal, and political issues. “To do t

11、he right thing”,Copyright 2005 Prentice Hall, Inc. All rights reserved.,58,Exhibit 5.1,To Whom is Management Responsible?,Copyright 2005 Prentice Hall, Inc. All rights reserved.,59,Exhibit 5.2,Arguments For and Against Social Responsibility,For Public expectations Long-run profits Ethical obligation

12、 Public image Better environment Discouragement of further governmental regulation Balance of responsibility and power Stockholder interests Possession of resources Superiority of prevention over cure,Against Violation of profit maximization Dilution of purpose Costs Too much power Lack of skills La

13、ck of accountability,Copyright 2005 Prentice Hall, Inc. All rights reserved.,510,From Obligation to Responsiveness to Responsibility,Social Obligation The obligation of a business to meet its economic and legal responsibilities and nothing more. Social Responsiveness The capacity of a firm to adapt

14、to changing societal conditions through the practical decisions of its managers in responding to important social needs. Social Responsibility A firms obligations as a moral agent extends beyond its legal and economic obligations, to the pursuit of long-term goals that are good for society.,Copyrigh

15、t 2005 Prentice Hall, Inc. All rights reserved.,511,Exhibit 5.3,Social Responsibility versus Social Responsiveness,Source: Adapted from S.L. Wartick and P.L. Cochran, “The Evolution of the Corporate Social Performance Model,” Academy of Management Review, October 1985, p. 766.,Copyright 2005 Prentic

16、e Hall, Inc. All rights reserved.,512,Does Social Responsibility Pay?,Studies appear to show a positive relationship between social involvement and the economic performance of firms. Difficulties in defining and measuring “social responsibility” and “economic performance raise issues of validity and

17、 causation in the studies. Mutual funds using social screening in investment decisions slightly outperformed other mutual funds. A general conclusion is that a firms social actions do not harm its long-term performance.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,513,The Greening of Mana

18、gement,The recognition of the close link between an organizations decision and activities and its impact on the natural environment. Global environmental problems facing managers: Air, water, and soil pollution from toxic wastes Global warming from greenhouse gas emissions Natural resource depletion

19、,Copyright 2005 Prentice Hall, Inc. All rights reserved.,514,How Organizations Go Green,Legal (of Light Green) Approach Firms simply do what is legally required by obeying laws, rules, and regulations willingly and without legal challenge. Market Approach Firms respond to the preferences of their cu

20、stomers for environmentally friendly products. Stakeholder Approach Firms work to meet the environmental demands of multiple stakeholdersemployees, suppliers, and the community. Activist Approach Firms look for ways to respect and preserve environment and be actively socially responsible.,Copyright

21、2005 Prentice Hall, Inc. All rights reserved.,515,Exhibit 5.4,Approaches to Being Green,Source: Based on R.E. Freeman. J. Pierce, and R. Dodd. Shades of Green: Business Ethics and the Environment (New York: Oxford University Press, 1995).,Copyright 2005 Prentice Hall, Inc. All rights reserved.,516,V

22、alues-Based Management,Values-Based Management An approach to managing in which managers establish and uphold an organizations shared values. The Purposes of Shared Values Serving as guideposts for managerial decisions Shaping employee behavior Influencing the direction of marketing efforts Building

23、 team spirit The Bottom Line on Shared Corporate Values An organizations values are reflected in the decisions and actions of its employees.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,517,Exhibit 5.5,Purposes of Shared Values,Copyright 2005 Prentice Hall, Inc. All rights reserved.,518,E

24、xhibit 5.6,Stated Values of Organizations,Percentage ofStated ValueRespondents Customer satisfaction 77% Ethics/integrity 76% Accountability 61% Respect for others 59% Open communication 51% Profitability 49% Teamwork 47% Innovation/change 47% Continuous learning 43% Positive work environment 42% Di

25、versity 41% Community service 38% Trust 37% Social responsibility 33% Security/safety 33% Empowerment 32% Employee job satisfaction 31% Have fun 24%,Source: “AMA Corporate Values Survey,” (), October 30, 2002.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,519,Managerial Ethic

26、s,Ethics Defined The rules and principles that define right and wrong conduct. Four Views of Ethics The utilitarian view The rights view The theory of justice view The integrative social contracts theory,Copyright 2005 Prentice Hall, Inc. All rights reserved.,520,Managerial Ethics (contd),Utilitaria

27、n View Ethical decisions are made solely on the basis of their outcomes or consequences such that the greatest good is provided for the greatest number. Encourages efficiency and productivity and is consistent with the goal of profit maximization. Rights View Concerned with respecting and protecting

28、 individual liberties and privacy. Seeks to protect individual rights of conscience, free speech, life and safety, and due process.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,521,Managerial Ethics (contd),The Theory of Justice Organizational rules are enforced fairly and impartially and

29、 follow all legal rules and regulations. Protects the interests of underrepresented stakeholders and the rights of employee. Integrative Social Contracts Theory Ethical decisions should be based on existing ethical norms in industries and communities in order to determine what constitutes right and

30、wrong. Based on integration of the general social contract and the specific contract between community members.,Copyright 2005 Prentice Hall, Inc. All rights reserved.,522,Factors That Affect Employee Ethics,Moral Development A measure of independence from outside influences Levels of Individual Mor

31、al Development Preconventional level Conventional level Principled level Stage of moral development interacts with: Individual characteristics The organizations structural design The organizations culture The intensity of the ethical issue,Copyright 2005 Prentice Hall, Inc. All rights reserved.,523,

32、Exhibit 5.7,Factors That Affect Ethical and Unethical Behavior,Copyright 2005 Prentice Hall, Inc. All rights reserved.,524,Factors That Affect Employee Ethics (contd),Moral Development Research Conclusions: People proceed through the stages of moral development sequentially. There is no guarantee of

33、 continued moral development. Most adults are in Stage 4 (“good corporate citizen”).,Copyright 2005 Prentice Hall, Inc. All rights reserved.,525,Individual Characteristics Affecting Ethical Behaviors,Values Basic convictions about what is right or wrong on a broad range of issues Stage of Moral Development A measure of an individuals independence from outside influences,Copyright 2005 P

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