Ethics

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MGF1010: Introduction to Management
Week 11:
Social Responsibility and
Managerial Ethics

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Your Tutor (me)
Nathan Eva
– nathan.eva@monash.edu
– 9903 4065
– Building N Level 5 Room 14
– www.slideshare.net/nathaneva

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Last Week
• Explain how the force field analysis can be used to implement
change.
• Examine how change can occur in structure, technology and
people.
• Examine the two views of the change process.

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SETU
• Student Evaluation of Teaching and Unit
• Telling Monash what is good and bad
• 1-7 scale (but check – 6 used to be I haven’t been to class
and 7 was not assessable)
• More importantly you can say how much you love me
• Or not love me if that is the case….
• Helps me improve
• Helps me get jobs =)

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Ethics
• What are they?
• Can I teach people to be ethical?
• Who should teach ethics?
• If I was training future leaders, what percentage of the
program should be towards ethics
• Gen Y are ethically minded – Why
– Saturation of media; Ethical based companies;
– Social Media; and Extra curricular activities

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Corporate Social Responsibility
• What is CSR?
• Why is CSR gaining so much attention these days?
• Why would we ever argue against CSR?
• So, what is shareholder and stakeholder theory or as it is in
the textbook classical or socio-economic view

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Ethical Questions
At your weekly breakfast meeting, a friend of yours tells you they
have been courted by a rival company. They want him to stay at
your company and feed them information about a new product
over the next month – then he will start full time there. Do you tell
your boss or keep quiet?

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Ethical Questions
You are the head of a major organisation in a small country town
(5000 people). You employ 500 of the townspeople, which
provides food and income for 2000 (their families). Further the
money goes into the town allowing shops to be open, kids to go
to school, etc. You have recently found out that your pollution
levels were a lot higher than originally thought. You are dumping
into the river which is slowly killing off wildlife and animals. You
are friends with the Department of Sustainability and
Environment so you know if you don’t say anything you’ll get
away with it. To change your practices it would mean raising
extra funds which would cause you to layoff 250 workers. Do
you layoff the workers or continue polluting?

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Ethical Questions
You’re the CEO of a major drug company who has just
discovered a rare cure for Andy-disease – which your pregnant
wife has. Upon making the cure, the 3 scientists contracted the
disease and need the medicine as well. As your wife is pregnant
she needs 3 doses (the amount you made). The 3 doses could
also be used to save the 3 scientists. Currently these are the
only doses available and you do not have time to make more.
You have the choice – your wife (and unborn child) or the
scientists.

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Prisoners’ Dilemma
You are the board of rival organisations. You are well versed in
the issues surrounding climate change and have the option to
either continue to pollute (P) or cab your carbon emissions (C) –
and the game goes from there.

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If you liked this week you will love…
MGX3100 - Management ethics and corporate governance
MGX3991 – Leadership practices and principles

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Next Week
• Revision
• Be here or be square