Mulugeta Zewdu ( Bu Saleh )’s Post

BUSINESS & SOCIETY-PART 2 Ethics and Stakeholder Management Seventh Edition Archie B. Carroll University of Georgia Ann K. Buchholtz University of Georgia Business & Society: Ethics and Stakeholder Management, Seventh Edition, employs a stakeholder management framework that emphasizes business’s social and ethical responsibilities to external and internal stakeholder groups. A managerial perspective is embedded within the book’s dual themes of business ethics and stakeholder management. The ethics dimension is central because it has become increasingly clear that ethical or moral considerations are woven into the fabric of the public issues that organizations face. Economic and legal issues are inevitably present, too. However, these aspects are treated more directly in other business administration courses. The stakeholder management perspective is essential because it requires managers to (1) identify the various groups or individuals who have stakes in the firm or its actions, decisions, and practices, and (2) incorporate those stakeholders’ concerns into the firm’s strategic plans and daily operations. Stakeholder management is an approach that increases the likelihood that decision makers will integrate ethical wisdom with management wisdom in all that they do.

BUSINESS & SOCIETY-PART 4 Ethics and Stakeholder Management Seventh Edition Archie B. Carroll University of Georgia Ann K. Buchholtz University of Georgia Business & Society: Ethics and Stakeholder Management, Seventh Edition, employs a stakeholder management framework that emphasizes business’s social and ethical responsibilities to external and internal stakeholder groups. A managerial perspective is embedded within the book’s dual themes of business ethics and stakeholder management. The ethics dimension is central because it has become increasingly clear that ethical or moral considerations are woven into the fabric of the public issues that organizations face. Economic and legal issues are inevitably present, too. However, these aspects are treated more directly in other business administration courses. The stakeholder management perspective is essential because it requires managers to (1) identify the various groups or individuals who have stakes in the firm or its actions, decisions, and practices, and (2) incorporate those stakeholders’ concerns into the firm’s strategic plans and daily operations. Stakeholder management is an approach that increases the likelihood that decision makers will integrate ethical wisdom with management wisdom in all that they do.

BUSINESS & SOCIETY-PART 1 Ethics and Stakeholder Management Seventh Edition Archie B. Carroll University of Georgia Ann K. Buchholtz University of Georgia Business & Society: Ethics and Stakeholder Management, Seventh Edition, employs a stakeholder management framework that emphasizes business’s social and ethical responsibilities to external and internal stakeholder groups. A managerial perspective is embedded within the book’s dual themes of business ethics and stakeholder management. The ethics dimension is central because it has become increasingly clear that ethical or moral considerations are woven into the fabric of the public issues that organizations face. Economic and legal issues are inevitably present, too. However, these aspects are treated more directly in other business administration courses. The stakeholder management perspective is essential because it requires managers to (1) identify the various groups or individuals who have stakes in the firm or its actions, decisions, and practices, and (2) incorporate those stakeholders’ concerns into the firm’s strategic plans and daily operations. Stakeholder management is an approach that increases the likelihood that decision makers will integrate ethical wisdom with management wisdom in all that they do.

Business & Ethics webinar Lunch & Learn with Mike Nally on Tuesday, September 10th! Join us as we dive deep into defining ethics in HR, exploring real-world examples, and assessing your organization’s ethical alignment. Human Resource Professionals can be the catalyst for ensuring an organization is aligned around the company’s ethical business standards. During this session, participants will define ethics, examine real, “everyday” examples of ethical dilemmas in the workplace, and practice a process for managing those situations. The tools acquired in this session will help participants work through dilemmas they experience first-hand as well as prepare them to guide others through situations where ethics is in question. Session Objectives: ✅ Define ethics and how it relates to your role in HR. ✅ Analyze examples of ethical and unethical practices. ✅ Explore business ethics and what that means for organizational leaders. ✅ Assess your organization’s ethical alignment and determine a process for handling ethical dilemmas in the workplace. Key Details: 🗓️ Tuesday, September 10th, 12pm - 1pm 📍 Zoom Virtual Meeting 🌟 1 SHRM & HRCI Credit 🎟️ Free for ASHRM Members | $5.00 for Non-ASHRM Members - https://lnkd.in/ewyp59mA

**It’s All About Ethics: A Reflection on Real Estate Leadership and Integrity** Professor Chris MacDonald and I are attending the leadership retreat organized by the Real Estate Institute of Canada (REIC) | Institut canadien de l'immeuble (ICI) at a serene Niagara-on-the-Lake resort. The central theme of the retreat is ethics in real estate. Professor MacDonald, a renowned philosopher specializing in business ethics, delivered a compelling address, illustrated with simulations, underscoring how ethics intersects with decisions we make every day at work and beyond. In December 2022, Stephen Moranis and I highlighted in the The Financial Post the significance of ethical behaviour in real estate, prompted by a critical report from the Auditor General of Ontario examining the Real Estate Council of Ontario (RECO), the regulator overseeing real estate activities in the province. We wrote: “The AGO report said the Real Estate Council of Ontario (RECO), the agency responsible for regulating the provincial industry, is not fulfilling its mandate to protect consumers’ interests. 'The activities RECO performs ... are not always effective and timely,' it concluded.” You can read the full article [here](https://lnkd.in/gKnwZznH). It is hardly surprising that the real estate industry, represented by organizations such as the Real Estate Institute of Canada and the Ontario Real Estate Association are making significant strides in educating their members about the necessity for higher ethical standards in the real estate business. These industry-led initiatives, which emphasize self-imposed higher ethical standards, are likely to yield more transparent and efficient real estate outcomes than those imposed by top-down regulations. The commitment to ethics showcased at this retreat reaffirms the profession's dedication to fostering a culture of integrity, ultimately benefiting consumers and enhancing the industry's credibility. Ted Rogers Tim Hudak Toronto Metropolitan University The Canadian Real Estate Association | L'Association canadienne de l'immobilier

Just read an interesting article on the importance of business ethics. It compares business ethics to the guiding values and behavior that steer our personal decisions. Here are some key takeaways and insights from the article: - Ethics for business have changed over time but they're important for every company. - Leadership sets the tone for ethical behavior and is crucial for attracting and retaining talent. - Employee morale and productivity are boosted in an ethical work environment. - The devastating impact of bad behavior, as exemplified by the Enron Corporation's collapse. - A look at how business ethics differ across industries and how each faces unique ethical quandaries. - The importance of ethical behavior for companies in terms of their reputation and investor support. - The concept of business ethics and the benefits they provide to companies - A thought-provoking question: Why do some companies have bad business ethics? The importance of business ethics is clear, especially in creating a positive public image and investor confidence. What are your thoughts on the impact of business ethics? Share your views! https://lnkd.in/gtekH3Ke

LEADERSHIP, ETHICS, AND OUR SHARED SECURITY: A MOMENT FOR REFLECTION Recent news has shed light on a troubling issue: the admission by President Lopez Obrador of his efforts to influence judiciary decisions through coordination with former Supreme Court Chief Justice Arturo Zaldivar. This revelation strikes at the heart of what we hold dear - the rule of law and the balance of power that keeps governance fair and just. What does this mean for us in the broader sense? It’s a vivid reminder of the critical role ethics plays in leadership. When the lines between branches of government blur, it doesn’t just threaten the integrity of our legal system; it shakes the foundation of trust and security across all sectors, public and private. The backlash from legal experts, academics, and the Mexican Bar Association underscores the broader implications: a call for transparency, integrity, and the strict separation of powers to maintain the confidence and security of our institutions. This situation invites us to reflect on the importance of ethical leadership. It’s an opportunity for all leaders to reaffirm their commitment to principles that safeguard our institutions against the misuse of power. Let’s take this moment to champion the values of fairness, integrity, and accountability. Our collective security and trust depend on it.

🚨 Ethics – It’s Not Meant to Make Things Easier!🚨 What’s the difference between compliance and ethics? Why does ethics go deeper, making us question not just what we do, but who we are as an organization? In the latest episode of the The Eight Mindsets podcast, Jason Meyer and myself go BEYOND COMPLIANCE to tackle the big questions with Roderick Noordhoek, Head of the Global Ethics Office at Rabobank. 🎙️ 🔑 Key points we’re diving into: 💡 Why ethics is essential to sustainable business practices (even if it slows you down). 🌍 How global companies balance universal principles with local cultural differences. 🤝 Ethics as dialogue: Facilitating tough conversations, not dictating rules. ⚖️ The ethical tightrope of stakeholderism—making decisions that align values with impact. Spoiler Alert: Ethics isn’t a quick fix or an easy road, but it’s what separates a good organization from a great one. It’s about making decisions we can proudly own—today, tomorrow, and years from now. 💬 Join us as we explore how ethics shapes business, culture, and leadership. Ready to think beyond compliance? 🎧 Tune in now! https://lnkd.in/gGVbGnua

What makes ethics more than compliance? Why should corporate norm-setting involve dialogues when “Compliance” is often more about edicts? On this episode of The Eight Mindsets, Jason Meyer, Nicole Rose, and Roderick Noordhoek of Rabobank dig deep into the challenges and rewards of ethical leadership. We’re proud to bring you this thoughtful discussion on how ethics shapes decision-making, culture, and sustainable business practices. This is a must-listen for anyone committed to pushing beyond check-the-box compliance to create truly values-driven organizations. Listen, reflect, and join the dialogue: https://lnkd.in/gGVbGnua

Just read a thought-provoking article on the importance of business ethics. Here are some key takeaways worth contemplating: - Business ethics serve as a guiding standard for values, behaviors, and decision-making, influencing the entire organizational culture. - The role of ethics in leadership sets the tone for the ethical conduct of all employees within an organization, impacting the company's reputation and stability. - Ethical behavior at work increases employee morale, productivity, and loyalty, leading to long-term benefits for the organization. - The impact of bad behavior, as seen in cases like Enron Corporation, can lead to severe consequences, affecting not only the company but also external stakeholders. - Ethics vary across industries and can present complex dilemmas, such as the balance between client interests and company profits, as well as environmental and privacy considerations. - Companies operating with high ethical standards gain a positive public image, attract talented individuals, and build stronger relationships with investors. What are your thoughts and feelings on the role of business ethics in today's corporate landscape? https://lnkd.in/g_mhp8k