KARE 11: Ethics a main course for today’s business students
Front and Center at the University of St. Thomas: Nice piece by KARE 11 as part of their “Work It Wednesday” series, featuring Dr. Kenneth Goodpaster.
Ethics should be a main course, with a philosophical and practical emphasis.
Business decisions often concern complicated situations which are neither totally ethical nor totally unethical. Therefore, it is often difficult to do the right thing, contrary to what many case studies will have you believe! Moral values such as respect, honesty, fairness and responsibility are supposed to dictate our (ethical) behaviour, but are often ignored in times of stress and confusion, when one must stand by one’s principles.
Leaders have to deal with potential conflicts of interest, wrongful use of resources, mismanagement of contracts, false promises and exaggerated demands on resources. In a proposed sale, is it the seller’s duty to disclose all material facts regarding the product /service in question or is it the buyer’s responsibility to conduct due diligence? Should the seller answer each question exactly as it was asked, and ignore some pertinent information or merely address the spirit of the question?
For free abridged books on leadership, ethics, teamwork, women, write to firstname.lastname@example.org. Maxwell Pinto, Business Consultant & Author
© 2010 University of St. Thomas · Minnesota2115 Summit Avenue · Saint Paul, Minnesota 55105 · USA1-651-962-5000 · email@example.com
Alumni · Maps & Directions · Giving Jobs at UST · EEO Statement · Directories Social Media