February 25, 2013
Ethics Reflection Paper
The purpose of writing this paper is to reflex on the issues of ethics in strategic planning. Another purpose is to explain how ethics and social responsibility in developing a stategic plan for a company. Lastly, the paper will consider how both ethics and social respnsibility considers stakeholder(s) needs. The Role of Ethics and Social Responsibility in Strategic Plannig Knowing that ethics is a major fundamental principle in people or groups of people, such as businesses, importance of this awareness these groups have to achieve working knowledge of ethics so that they do not upset others around them. Socially businesses have to also take in their responsibility in the stategic planning because businesses have a responsibility to do their activities to meet bigger commitments towards the society and the environment (Abdullah, 2013). Strategic planning is very important and is a primary action in the corporate world which the company uses their upper level management to articulate the organization’s strategy, direction, and in deciding important elements for the organization (Abdullah, 2013). Stakeholders Needs
Stakeholders are part of strategic planning because they hold a major part of influence in how a company will do things to satisfy their needs. Stakeholders are basically everyone that has a stake in the business. The stakeholders view of a compay responsibility are Stockholders, Creditors, Employees, Customers, Suppliers, Government, Unions, Competitors, Local communities, and the general puplic (Pearce, 20110). Personal Ethical Perspective Evolved
As requested from the class syllabus Patricia Holt retook the Ethics Awareness Inventory for better understanding of her personality traits. After taking the Ethics Awareness Inventory she found that she was high in the ethical perspective of Character (C). This showed her that she tended to base...