Management Ethics
The statement that doing the right thing does not automatically lead to success while doing unethical ones lead to failure applies in my workplace and also in personal life. The reason for that is the assured consequences of engaging in unethical practices. The major task of any manager is not to impress the society, but to generate profits for the investors. This can drive the managers into having questionable deals and underhanded tactics in a bid to post better financial reports (Wadhwa, 2013). In the same breath, the management can be tempted to treat the executive members in a privileged manner, compared to the regular employees. This can make the executive members get away with misconduct, while the junior employees get victimized over the same (Wadhwa, 2013). This can create a rift between the management and workers.
The three major ethical issues faced in the workplace include gender relations and inclusion; the treatment of the investors; and employee-management relations. Sexual harassment is an challenge in many organisations (Wadhwa, 2013). This is because its definition is evolving. What was considered harmless interaction in the past now classfied as harassment. This makes it difficult for the males and females at the workplace to interact productively. The males, in particular, have to consider their utterances and expressions in the presence of female workers, and this is taking a toll on their productivity. Investors are concerned about the yields that the company is making for them and the management has to balance that with guarding of the reputation of the company and its members. The employee-management relations are usually antagonistic, especially during appraisals. This requires the manager to have intergrity in order to handle these issues effectively.
References
Wadhwa, V. (2013). Wall Street Journal: Corruption in Business and the Importance of Ethics – Vivek Wadhwa. Wadhwa.com. Retrieved 6 September 2017, from http://wadhwa.com/2013/06/29/wall-street-journal-corruption-in-business-and-the-importance-of-ethics/