Ethical Issues in Management Essay

Every so often we hear the phrase Business is business and a shape of tea is a cup of tea. The contemporary business conductors think quite on the contrary. Morals and ethics are the new paradigm and consider pay offn the driving seat in the day to day working of the Management. Ethics contains code of conduct for a person to blend with others keeping in view the righteousness and ingenuousness of the trade whereas, morals are not primarily written but acted upon by most of society with rectitude. The modern manager faces several issues on the moral and ethical front as more than teamwork is required to accomplish collective goals.Fraud, discrimination, nepotism, false marketing in advertorial manner is the create of the game for unethical pseudo professionals and to cope with them always remain a challenge for the socially and ethically obligated manager. The moral values of a professional lie deep within, starting with the core communications between his superiors, peers an d subordinates. The levelheaded working style of a manager speaks volume of not only his good ethical behavior but also keen sense of judgment and ability to lead his subordinates in a fair and square manner.An ethically responsible manager not only tells people what to do but shows them how to do it. A Manager must be the role model to other employees of the beau monde therefore, he is accountable for the training and guidance of his coworkers and associates. The way must device an ethical education management and assessment of behavioral integrity of the employees to extract more productivity (Wankel, 2011). It is rightly said that Charity begins at home, the same is applied to morals of the management.Ethically responsible management practices enforced by a comp whatsoever ensure that the company declines any shady business practices and eventually fraudulent functioning of the employees. The old business model has drastically changed over the eld as accountability and transpa rency have become norms of progressive business (Carroll, 2012). In this context, the burden on the shoulders of talks blowers have increased radically. They should be encouraged to musical theme organizational misconduct in any form or manifestation. It is the responsibility of the management to encourage its employees to report any fraud or delinquency.Fortification of the whistle blower from coworkers is the responsibility of the company also which in return shall endorse the trust of the employees on the management. There are many example of ethical predicament which arises due to the fact that the people in power not realize the repercussion of their decisions. Although society gives so much for the business to prosper, mostly none is returned to the society. A classical example would be the industrial waste coming out of a process industry which gravely affects the flora and fauna of the milieu.The decision of the management to spill industrial drainage without treatment is a solemn ethical breach. The environmental agencies have formalized various codes and standards like OSHAS which should have been followed prior to any drainage of detrimental waste water. Ethically responsible management practices and social issues bear close rapport. Hence the management must always have an sagacity to resolve these issues as they are always involved in dealing with the community directly or indirectly related to the business. The managers may have to take stern decisions to alleviate unethical demeanor yet it is bound to return back in folds.