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 organization in another industry but you should seek advice from your lecturer first.
For this organisation, identify ethical issues or aspects from a range of areas covered in the lectures. These include:-
1. Ethics at the Individual Level
2. The dynamic of Groups and Ethics in the organisation
3. The Organisational Ethics Construct (How does the organisation ensure ethical behaviours?)
In your response you should:-
A. Identify and define the Stakeholders and their stake.
B. Determine the key issues facing management when managing these stakeholders.
C. Evaluate the Stakeholder value management response. This may include:-
(i) rational, process and transactional levels
(ii) stakeholder inclusiveness and relationships
(iii) stakeholder power: awareness, knowledge, admiration, action
(iv) monitoring and communicating with stakeholders
(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.
(i) Shareholders
(ii) Customers
(iii) Employees
(iv) Suppliers
(v) Community (Publics)
(vi) Determine associated accounting constrains and enabling processes
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.
4,000 word written report demonstrating critical ethical analysis benchmarking relevant organisational strategy against best practice. You will be required to analyse and critique financial forecasting techniques in your report.