Required
Select an organisation that you are either familiar with (you may, or may have, worked there) or have researched. Ideally, choose an organisation within the professional services sector (eg: Financial, Legal, insurance, medical, etc). You may choose to focus on an organisation in another industry but you should seek advice from your lecturer first.
For this organisation, you may identify ethical issues or aspects from a range of areas covered in the readings and lecture notes. These include:-
1. 2. 3.
Ethics at the Individual Level
The dynamic of Groups and Ethics in the organisation
The Organisational Ethics Construct (How does the organisation ensure ethical behaviours?)
In your response you should:-
1. Identify and define the Stakeholders and their stake.
2. Determine the key issues facing management when managing these stakeholders.
3. Evaluate the Stakeholder value management response. This may
include:-
1. (i) rational, process and transactional levels
2. (ii) stakeholder inclusiveness and relationships
3. (iii) stakeholder power: awareness, knowledge, admiration, action
4. (iv) monitoring and communicating with stakeholders
5. (v) winning stakeholder support
(vi) tangible and intangible resources to deliver stakeholder value
D. For the following Stakeholders, identify, discuss and evaluate the organisation's ethical construct from a range of stakeholders which may include:
1. (i) Shareholders
2. (ii) Customers
3. (iii) Employees
4. (iv) Suppliers
5. (v) Community (Publics)
6. (vi) Determine associated accounting constraints and enabling processes (Hint: Enron insights).
You may decide to take on the role of a consultant and conduct an 'ethical health check' of the organisation incorporating the above elements.
Another approach may be to identify a 'star performing' organisation or Strategic Business Unit within the organiastion and use it to benchmark the industry.
Make appropriate recommendations based on your findings.
You are required to prepare a report based on the above incorporating relevant theory and additional readings when analysing your chosen company.