Ethics & Corporate Social Responsibility
ETHICS AND SOCIAL RESPONSIBILITY
Often times, many business decisions are not always black and white and there are ethical dilemmas that leaders sometimes face. “Leadership must know how the myriad human behaviors and interactions fit together like puzzle pieces to create a whole picture” (Kehoe, pg. 201). Ethics is the study of honest behaviors and decisions, examining what should be done in relation with Corporate Social responsibility (CSR). Corporate social responsibility is a business’s commitment to contribute to economic development while improving the quality of life of the workforce and their families as well as the community and society at large. (Investopedia, 2014) This case discusses Ethics and Corporate Responsibility by observing Cinco, a pulp processing plant.
As a newly promoted plant manager for Cinco, Jim is required to prove his ability to effectively manage several employees who have been with the company much longer than he has, and as a result, are more experienced and insensitive to change. “Cinco’s policy is to give each manager a freehand in dealing with employees, the community and the plant itself. It’s main measure of performance is the bottom line and the employee’s are keenly aware of this fact” (Ferrell, pg. 1). With this in mind, we can assume that if Jim attempts to change the way the plant is managed, his efforts could very well be overlooked and ignored.
The first time Jim understood an ethical dilemma was upon his discovery of the fraudulent water sample data reports being sent to the Environmental Protection Agency (EPA). In order to avoid a shutdown, the plant’s waste disposal into the river needed to be in compliance with the EPA standards. After Jim was told that the mill’s waste disposal into the river exceeded the EPA’s guidelines, Jim ordered tests of the water for the last 6 months. After comparing the reports against EPA standards,
Bibliography: A Framework for Thinking Ethically. (2009, May 1). A Framework for Thinking Ethically. Retrieved from http://www.scu.edu/ethics/practicing/decision/framework.html Boatright, J.R. (2013) Confronting Ethical Dilemmas in the Workplace. Financial Analysts Journal