Ethic Reflection Paper

ETHICS REFLECTION PAPER 1

Ethics Reflection Paper

Esther Calice

STR/581

Carline SZostak

February 3, 2014

Ethic Reflection Paper

In this week one assignment paper, Esther will explain the role of ethical and social responsibility in the developing of a strategic plan, including the consideration of stakeholder needs as well as explaining how her ethical perspective has evolved throughout this program.

Ethic is a code of conduct that is very important in an individual's daily life and this plays a vital part in business. Organizations usually take into consideration of the vital part that ethics play during the process of creating a strategic plan. Social responsibility may be affected in planning because it ensures the stakeholders' needs in a business are gratified.

Ethic is an essential tool that is used in any organization to help workers within the organization to understand how each individual must go about conducting his or herself in a workplace setting. This should go along with the values and standards, which the organization the workers are employed with goes by. The organization must clearly address the expectations that it has laid out for the workers in the strategic plan to make sure the workers acknowledge the expected way the organization wishes they conduct themselves. Each individual worker should make sure ethical behavior is a top priority with the values set forth within the workplace (Pearce & Robinson, 2014). In an organization, values are usually stated in the mission and vision that clearly defines the route and expectations of the organization and including the direction the stakeholders hope to go in (Pearce & Robinson, 2014). In most organizations, a person can depend on either or both the mission and the vision to set standards on the principle in which organizations will establish strategic plans and goals with ethics as the centerpiece in decisions made.

To construct ethical guidelines, a business utilizes their strategic plan as a baseline. Businesses have to take into consideration that there might be a chance that unethical behavior will occur from employees including both or either the subordinates and executives (Pearce & Robinson, 2014). An example is the time Enron, WorldCom, Arthur Anderson who was in the spot light for committing fraud causing some employees to lose their retirements because of top executives' unethical actions concealed valuable information from the external and internal stakeholders.

Ethics are the moral rules and beliefs an individual grows up with, which the individual believes is right or wrong (Pearce and Robinson, 2014). Each individual's ethic may be different from another individual. Both, ethics and social responsibilities play a crucial part in the strategic plan and decision making of an organization (Pearce & Robinson, 2014). For this reason, it is necessary that an organization employ upper management who comprehend