Week 6 Flashcards
Ethics defintion
What should I do?
Should I do this at all?
Instead of giving you instant solutions or
telling you to follow wise men with long beards, ethics is about enabling YOU to figure out for yourself what you should do.
The point of ethics is to improve your
decision-making & critical reflection
skills. And that’s something you need to
practice every day.
-> learning by doing
roles and responsibilities
-> 3 areas
- professional -> Zünfte / people working in a specific industry (Verband)
- private & civic
- organizational -> working place
What is CSR?
The responsibility of entreprises for their impact on society. CSR should be company led. Public authorities can play a supporting role through a smart mix of voluntary policy measures and, where necessary, complementary regulation.
Companies can become socially responsible by:
* follwoing the law
* integrating social, enviromental, ethical, consumer, and human rights concerns into their business strategy and operations
Modern CR gets established in the 1990s
-> the history of CSR
Milton Friedmann was a very famous economic
-> the social responsibility of business is to increase its business
Edward Freeman (1984):
Strategic Management: A Stakeholder Approach
Stakeholder Management
Every business creates, and sometimes destroys, value for customers, suppliers, employees, communities and fiinanciers. The idea that business is about maximizing profits
“A stakeholder in an organization is … any
group or individual who can affect, or is
affected by, the achievement of the
organization’s objectives.”
Stakeholder
groups:
Deloitte survey (2015): Importance of stakeholder dialogue
engaging the dialogue with stakeholders
Apple supply chain approach: Environmental issue
apple hat einfach seinen Zulieferer Regulation aufgezwungen
Coop stakeholder meeting
Coop hat alle stakeholder eingladen und ein Meeting gemacht, Anliegen besprochen
Corporate social responsibility: impact along a company’s entire value chain -> internal view
the entreprise is responsible for the whole supply chain
-> circular economy / circular business model
Corporate social responsibility: external view -> sustainable developement goals
Guiding principles on business and human rights
-> United Nations “Protect, Respect and Remedy” Framework
United Nations “Protect, Respect and Remedy” Framework
* Protection: Nation states has to protect human rights
* Respect: Business responsibilty
* Remedy: justice system, courts
Guiding principles on business and human rights
-> Bluewashing
-> UN Global Compact
Blue -> Colour of United Nations
* ehtical radar
* club of business
* CEO writes a nice letter and then the companies was a member
* the companies make a comitment to the 10 pricinples
Human Rights
Labour
Enviroment
Anti-Corruption
For the longest time they didn’t control the companies. Now they have to do an annual report. Hold each other accountable.
Guiding principles on business and human rights
-> PRIME
- PRIME: principles responsible manamgent education
- ZHAW is a champion member
Guiding principles on business and human rights
-> SDG
- sustainalbe development goal
- 169 related targets that address the most important economic, social, enviromental, goveranance challenges of our time
CSR within organizations
Companies give themselves all kinds of normative
guidelines in order to define right and wrong behaviors, including:
* corporate values
* corporate mission & vision
* code of conduct
* membership in networks like the UN Global Compact
Framework for the Management of CSR Issues
- Stakeholder are the most important part
- Implementation -> managing for organizational integrity
Managing for organizational integrity
Two options
* compliance: rules (lawyers, code of conduct)
* integrity: to be (ungespalten) one unit, enabling a culture that poeple want to do the right thing
-> both are equally important
Diversity
- Allowing people to be who they really are
Managing CSR within an organization is quite challenging
-> 3 areas
- Compliance: defining what’s accepatable
- Integrity: being whole or undivided
- Diversity: being who we really are
moral intuition & moral reasoning
system 1: autopilot
* fast, automatic,
* default, low effort,
* subconscious (intuition)
system 2: pilot
* slow, conscious,
* high effort, reasoning (rationality)
Managers often doesn’t have time to do a critical reflection
Individual biased perspective
We always view the world from our own individual perspective, which is biased
goal: critical self-reflection
Ethical awareness
understand both your context & yourself
* e.g. alberta tar sand (mining company) -> huge enviroment impact, impact on the first native people -> impact on the socitety
Privilege
Become aware of your privilege!
Privilege is the assumption that a problem
can’t be THAT bad or relevant because it
does not personally affect YOU.
Empathy
Try putting yourself in
someone else’s shoes
and taking their perspective without
resorting to projecting your own
perspective and values onto them.
In order to make good decisions,
you need not only “how-to” knowledge,
but also:
- ethical awareness
- ethical principles
- empathy for others & yourself
- self-reflection skills
- a reflexive community
- the occasional external shock
- critical thinking skills
Top 3 missing soft skills
