What is Ethics?
Ethics is a set of moral principles or values which is concerned with the righteousness or wrongness of human behavior and which guides your conduct in relation to others (for individuals and organizations). Ethics is the activity of examining the moral standards of a society, and asking how these standards apply to our lives and whether these standards are reasonable or unreasonable, that is, whether they are supported by good reasons or poor ones.
Role of Ethics in HRM
The Human Resources Management has a code of ethics. It offers guidance in the areas of professional responsibility, professional development, ethical leadership, fairness and justice, conflicts of interest, and use of information. Among other things, it establishes an expectation that an HR professional: • Add value by contributing to the ethical success of their organization, • Practice HR at high level of professional competence, • Serve as a role model for others to follow in ethical matters, • Encourage fairness and justice,
• Protect the legitimate business interests of stakeholders, and, • Honor the rights of individuals with regard to the use of information. An ethical decision considers six important factors. Individuals and organizations often consider the factors after an action. The challenge for an HR Professional is to build them into the decision process. The six factors include: 1. Facts
An ethical decision starts with a careful analysis of the facts. It sets aside emotion and investment. It collects information about dates, times, numbers and other objective information. It uses that information to develop a clear picture of the issues involved in the decision. 2. Ethical Issues
Each situation is unique. It requires a careful analysis to determine the ethical issues that are involved. Those issues may range from fairness to honesty. They may include social or environmental responsibility. A law, regulation, or policy may be involved. A past practice, decision, or commitment might play a role. 3. Stakeholders
Decisions affect people. They go far beyond the profit and loss statement. They involve employees, Board Members, customers, communities, and others. An ethical decision takes pause to consider who is affected and how they will be affected. 4. Consequences
An ethical decision considers the potential cost of an action. Cost is relative. It can be financial or personal. It can be immediate or long term. An individual or an organization can suffer the consequences of an unethical decision. 5. Obligations
A decision is not made in a vacuum. The parties involved in the decision have a history with each other. They have developed real or perceived obligations between each other. They expect each other to live up to those obligations which must be taken into consideration when a decision is made. 6. Values
An ethical decision is one that allows the decision-maker to sleep well. It does not require complex rationalization. People sometimes ask, “How will it read in the newspaper?” The point is that an ethical decision is consistent with both personal and organizational values. It is not just the value system of an individual or a department in an organization. It is the generally accepted value system within society, the organization or similarly situated individuals.
2. intro to jet
Jet Airways is a major Indian airline based in Mumbai, Maharashtra. It is India's largest airline and the market leader in the domestic sector. It operates over 400 flights daily to 67 destinations worldwide. Its main hub is Chhatrapati Shivaji International Airport Early years
Jet Airways was incorporated as an air taxi operator on 1 April 1992. It started Indian commercial airline operations on 5 May 1993 with a fleet of four leased Boeing 737-300 aircraft. In January 1994 a change in the law enabled Jet Airways to apply for scheduled airline status, which was granted on 4 January 1995. It began...
Please join StudyMode to read the full document