In the last byte, we looked at the three components of Decision Making in Virtual workplace in detail. In today's byte, we look at some ethical issues that arise in decision making and what steps one could take in decision making.
With the increasing visibility of corporate decisions, it is all the more crucial in today's settings to be careful of the ethical implications of the decision one takes. The ethical angle of decision making in organizations could be influenced by many factors like - individual differences, organizational rewards, and punishments.
Through a study conducted by Kenneth Blanchard and Norman Vincent Peale - there are some "ethics check" that decision makers could take. Refer for greater detail their book - "The Power of Ethical Management". Three major questions they encourage the decision maker to ponder over are:
With the increasing visibility of corporate decisions, it is all the more crucial in today's settings to be careful of the ethical implications of the decision one takes. The ethical angle of decision making in organizations could be influenced by many factors like - individual differences, organizational rewards, and punishments.
Through a study conducted by Kenneth Blanchard and Norman Vincent Peale - there are some "ethics check" that decision makers could take. Refer for greater detail their book - "The Power of Ethical Management". Three major questions they encourage the decision maker to ponder over are:
- Is it Legal?
- Is it balanced? (Would it be fair to all concerned in the short and long term? Does it promote win-win partnership?)
- How will it make me feel about myself? (Will it make me proud of my actions? How will I feel when others become aware of the decisions?)
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