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Impact of ethics and values on decision making
Importance of values & ethics
Impact of ethics and values on decision making
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In this paper, I attempt to define values-based leadership and explain how the individual and organisational ethics influence the international decision making. Values based leadership carries with it the notion of success without being ignorant to the basic human values. Earmarks of values based leadership are: Loyalty and Respect, History of Fair Dealing, Building Trust, Basing Decisions on Values rather than Beliefs, Gain Team Member and Customer Commitment, Stimulate Vision and Inspire Others. Individual and organisational ethics are interrelated to ethical intentions and their behaviours show that how they influence international decision making. Leaders arrive at ethical decision making with their own experiences and values, but they …show more content…
INTRODUCTION
Values are what define us; they provide us the basis for all our actions and activities. These are values only which can make it clear what we do and what we need to do. If leaders have some fundamental values, then their leadership will not only be personally beneficial for them but will also contribute to community outcomes. When values are reformed in standard rules for any governance or profession, they become ethics. These are developed to have an effective workability in organisations, without undermining the human values.
Ethics of individual and organisation vary from organisation to organisation and individual to individual based on ethnicity, culture and local customs. Individual and organisational ethics together affect the decision making process. Decision makers are affected by their own ethics and values that are in congruence with the organisational
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Morals have a greater social element to values and tend to have a very broad acceptance. Morals are far more about good and bad than other values. We thus judge others more strongly on morals than values. A person can be described as immoral, yet there is no word for them not following values. Morality can be described as a core set of values and beliefs that act as a guide when formulating courses of action.
• Ethics are professional standards.
Ethics are thus internally defined and adopted, whilst morals tend to be externally imposed on other people. Ethics is the branch of philosophy concerned with human values and conduct, moral duty, and obligation. Basically, ethics is concerned with what people might describe as right and wrong human conduct.
What are Human Values?
Human values are the foundation of social order, justice and progress. Human values are social and ethical norms common to all cultures and societies, as well as religions. They represent a melding of social progress and spiritual growth. Timeless Human Values are
• A Deep Caring For Life
• Responsibility
• Non-violence
• Love & Compassion
• Friendliness & Co -operation
• Generosity & Sharing
• Integrity, Honesty and
Ethics are the principles that shape individual lives in modern society. It is a subjective idea that seems to have a standard in society. Ethics and morals are the major factors that guide individuals to make right and wrong choices. Something that is morally right to one person might be the very opposite of what another person would view as right. There are many factors that can trigger a change in an individual’s view of morality.
Value is someone’s moral standard of right and wrong, and is based off of one’s motivations or aspirations of life. Common values include loyalty, patriotism, and trust.
Values are standards of behaviour and include what society considers being acceptable and what is not.
Establishing and implementing a strategic approach to improving organizational ethics is based on establishing, communicating, and monitoring ethical values and legal requirements that characterize the firm's history, culture, and operating environment” (p. 129). Ethics programs ensure satisfactory relationships with all stakeholders by aligning with all of their demands and needs, and determine conduct with customers and relationships with regulators, shareholders, suppliers, and employees (Ferrell, 2004). Values are a core set of beliefs and principles, one or many. A number of factors contribute to the development of values. These include membership in a community or culture, attitudes, beliefs, and behaviors.
It is important to note that morals only apply to individual action and consequence. Ethics, however, apply to the actions of two or more people. Ethics are meaningless unless applied in a social context. Ethics serve to define the acceptable actions of the individual within the social structure. Ethics are established through the consensus of many people and with the guidance of human experience. Ethics serve the purpose of deciding what is right in society according to your peers, subordinates, and superiors.
Morality is the set of norms and values embedded in the society and ethics is the study of morality and application of reason to imply certain rules that determine what is right and wrong.
"A value determines what a person thinks he ought to do, which may or may not be the same as he wants to do, or what is in his interest to, or what in fact he actually does. Values in this sense give rise to general standards and ideal by which we judge our own and others conduct; they also give rise to specific obligations” (CCETSW,
I have a long list of values that I find very important to me, but there is a few that stand out the most. Those values are family, friendship, hard work, responsibility, respectfulness, independence, equality, and honesty. My personal values are extremely important
Every individual has certain values and ethics that he/she stands by. Values give us a sense of what is important while ethics gives us a sense of what is right and wrong. Together, these qualities help guide us through our everyday life: what actions to take and what decision to make. Sticking to ethical standards allows you to stay clear of trouble; therefore, strengthening people’s trust in you. In return, this leads to gaining people’s respect and cooperation, which may result in leadership responsibilities. Therefore, we believe that personal values and ethics will affect a person’s career success. However, there are times where individuals will make unethical choices--some situations might question your resolve. This can be caused by
[1] Ethics is defined as “the code of moral principles and values that governs the behaviour of a person or a group with respect to what is right or wrong” (Samson and Daft, 2005, p.158)
Values remind me of ethics and morals, necessary in any walk of life and imperative in the work place. These concepts are guidelines in which employees need to follow to be successful. “Values represent basic convictions that a specific mode of conduct or end-state of existence is personally or socially preferable to an opposite or converse mode of conduct or end-state of existence.” (Robbins, 136) Integrity, courage, service, wisdom, respect and goal setting are a few of the values that are most crucial to me and what I hope to achieve within any work place setting. Values should be lived every day in the work place and should exemplify the
The human value is the root of my moral vision. It is the care of human value that makes me to think about fairness that treats others fairly, truth that won’t deceive others, and justice that won’t hurt others.
Value-based leadership, in essence, becomes the enduring guiding principles that capture the organization’s strength and character. For the reason that the core values represent the soul of the organization, they are likely to remain steadfast in the face of changing market trends and fads (Warwick Business School, 2015).
The first type of ethic is,descriptive ethics or morals is best studied as psychology,sociology or anthropology. Different societies have different moral codes. This is true because, every society has a different religion,culture or specific routine or belief.Morals are classified as descriptive science. They are studied by many,many people and are all looked upon differently.Morals are also considered to be the shared ideas of a group irrespective of whether they are practiced.or how they are practiced.Different persons,groups,and societies have different moral standards, this is seen true by all sides. As you well know everyone has an opinion, moral ethics is all based on opinion. Second is,normative ethics or perspective ethics. This is the study of moral problems which seek to discover how one might act, not in fact how they act. Normative ethics also applies to how one might think one should act. Normative ethics are based solely on the opinion of another person, unlike descriptive ethics.More specifically (normative) ethics are the discipline concerned judgements of setting up norms.Although moral ethics go hand in hand they are different.Morals define personal character, while ethics stress a social system in which those morals are applied. Meaning morals inform you on human behavior whereas...
During everyone 's lifetime, there is always something we hold closest to our hearts; it maybe our principles we live by, values, and even our own beliefs. Values are those things that are very important to us but never really realize how much we actually value them in our life. Have you ever been asked to define three of your main values and rip them up? I have and I never noticed how much they meant to me. Each and every one of us believes in our own personal values. These values are what gives us strength and strive us to do what makes us happy. These values are very important to us and are standards that we live by whether we realize it or not. Everyone has something we value including me. Some of the values I might think highly of,