Preview

Case Study: Alcoa's Core Values

Good Essays
Open Document
Open Document
377 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Case Study: Alcoa's Core Values
Ethics is based on a set of moral and ethical values. These values must be absolute - that is, you must take them seriously enough to override any human rationalization, weakness, ego, or personal faults. Alcoa’s ethical work climate is diverse, encourages open communication and learning, and community outreach. Alcoa’s core values are held to a high standard. Standing by these values: Integrity; Environment, Health, and Safety; Customer; Accountability; Excellence; People; and Profitability helps improve the moral of the company, employees, and consumers. By setting these as core values, Alcoa has made a commitment to improving quality of life among employees and community. Alcoa’s company used the ethical criterion of principles. Personal morality, company rules and procedures, and laws and professional codes were a higher priority to Mr. O’Neill. Regardless of the fact that the Mexico manager increase profits and had high marks of quality and satisfaction, Mr. O’Neill took the interest of the company’s value of safety and compliance. Alcoa made sure that employee’s and management had plenty of education and resources that there should have been no room for misunderstand or this kind of misconduct. "The emphasis on safety had deep meaning to Alcoa’s management team. The company’s management firmly believed that no employees should be forced to work in an environment where their safety and the safety of other employees might be jeopardized. Alcoa’s management supported the ethical principle that no employees should leave work in a worse condition than when they arrived (Lawrence & Weber, 2011)."
When going down to investigate the allegations himself, showed a great leader that has morals and beliefs that go hand and hand with the core values and ethics of the company. With such serious allegations, it was imperative for management to see what was going on first hand and take action. By sending an open letter to the entire company, Mr. O’Neill showed that there



References: Lawrence, A. T. & Weber, J. (2011). Business and Society: Stakeholders, Ethics, Public Policy (13th ed.). New York: McGraw-Hill/Irwin. ISBN: 978-0-07-813715-0 Putnam, Mark S (2002). Ethical Values for Business Success, Global Ethics University, www.character-ethics.org

You May Also Find These Documents Helpful

  • Powerful Essays

    References: Carroll, A. B., & Buchholtz, A. K. (2009). Business & society: Ethics and stakeholder…

    • 2450 Words
    • 10 Pages
    Powerful Essays
  • Satisfactory Essays

    Bus 250 Week 4 Disc1

    • 323 Words
    • 2 Pages

    Lawrence, A., Weber, J. (2010). Business and Society: Stakeholders, Ethics, Public Policy. New York, NY. McGraw-Hill/Irwin.…

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Dillon V. Jogbra

    • 1383 Words
    • 6 Pages

    References: Jennings, M. M. (2006). Business: Its legal, ethical, and global environment (7th Ed.). New York, NY: McGraw-Hill.…

    • 1383 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Alcoa’s work environment was not always the best job place in the world it was a very busy and very stressful work place. For some of the employees they was not always treated right for a lot of people but was a job. If someone did not do their work right or they were to find something wrong with the product in the manufacturing the product. The people that worked there were treated bad and were cured at in front of each other until the “main “people were called in to find the problem. Then environment was very egoism. As I read this I have seen that it isn’t a very professional business if co-workers are getting cursed at their main manger. As you know you cannot do this in a professional work place…

    • 286 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    bus 682 sfsu

    • 438 Words
    • 2 Pages

    Bibliography: Lawrence, A. T., & Weber, J. (2011). Business and society: stakeholders, ethics, public policy (13th ed.). Boston: McGraw-Hill Irwin…

    • 438 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    References: Lawrence, Anne (2010). Business and Society: Stakeholders, Ethics, Public Policy. 13th Edition. McGraw-Hill Learning Solutions, 2010. VitalBook file. Bookshelf.…

    • 4314 Words
    • 13 Pages
    Powerful Essays
  • Satisfactory Essays

    References: Lawrence, Anne T (2010-02-01). Business and Society: Stakeholders, Ethics, Public Policy (Page 23). Business And Economics. Kindle Edition.…

    • 501 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    How would you classify Alcoa’s ethical work climate? Which ethical criterion, as shown in Figure 5.1, was used by the company: egoism (self-center...…

    • 509 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Alcoa was established in 1888 under the name of the Pittsburgh Reduction Company, later on in 1907, changing it 's name to Aluminum Company of America (Alcoa). In a few years time, Alcoa had industrialized into a broad vertical integration with complete input control over aluminum production. This company 's value-based culture was solid. According to Alcoa, “ In all of our operations, our values and integrity remain the driving force as we achieve our objectives”.(Alcoa, para. 1)…

    • 334 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Every organization has a standard or code of ethics every employee is expected to adhere to. Not everyone within an organization share the same moral values or principles, this is due to cultural differences and understanding ethics competency. Ethics competency is described as the knowledge, skills and abilities to incorporate values and principals that distinguish right from wrong when making decisions and choosing behaviors ( Hellriegel & Slocum, 2011p.10). How one determines right from wrong is based on their personal beliefs but behavior and conduct within an organization should be universal, in order for an organization to be effective. Ethical issues within an organization is common because of personal differences , these ethical issues influence the decisions employees make daily (Hellriegel & Slocum, 2011). Lawrence Kohlberg’s model of moral development suggests there are stages through which individuals evolve, ranging from the lowest stage obedience and punishment orientation, to the highest stage; universal ethical principles (Hellriegel &…

    • 934 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Syllabus

    • 1864 Words
    • 8 Pages

    This course emphasizes the theories and practices of the ethical, social, environmental, political, and legal aspects of business decision-making and leadership practices. These areas reflect the mutual impacts of profit, non-profit and government organizations in the U.S. and globally on business stakeholders. Course activities will hone your critical analysis and interpersonal verbal, presentation, and writing skills. In this seminar, you will contribute to the collective learning environment reflective of a business meeting:…

    • 1864 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    In underscoring the importance of social responsibility Hollender and Breen (2010) point out that in today’s world the society has become a ‘virtual’ licensor for businesses in operation. It has therefore become increasingly important to win the approval of the society: that has become the prerequisite for business survival and therefore a prescription for success since it paves the way for business organizations to begin producing stellar economic and social goods. (p. 9)…

    • 1301 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Ethics is an extremely important aspect of the culture of a company. Ethics is a set of moral principles: a theory or system of moral values. It is vital that each company adhere to an ethical code. Often times the morale of employees decrease for a variety of reasons. This decrease or lack of morale causes employees to begin to act in an unethical manner. Unethical behavior tends to be a common practice within some companies. “Larger companies sometimes decide that breaking laws and paying the fines involves lower costs than the financial gain made from breaking those laws” (Zeiger, n.d.) Despite the fact the unethical behavior occurs with the workplace, there are still several employees that are loyal to the law, the community and society as a whole. They report knowledge of illegal acts within the workplace. This group of people is known as whistleblowers.…

    • 1292 Words
    • 6 Pages
    Better Essays
  • Good Essays

    This course considers business’s macroenvironment, consisting of the three key segments of business, government and society, and examines each segment on its own followed by an exploration of their interaction. An ethics and responsibilities approach is used to develop a number of key issues facing business and managers, including internal and external stakeholders, ethical practice, lobbying, globalization, and the cultural dimension of business and society.…

    • 2652 Words
    • 13 Pages
    Good Essays
  • Satisfactory Essays

    Lawrence, A. T., & Weber, J. (2011). Business and society: Stakeholders, ethics, public policy (13th ed.). New York, NY: McGraw-Hill/Irwin.…

    • 372 Words
    • 2 Pages
    Satisfactory Essays

Related Topics