As the world becomes more complex, the need for ethical business choices has shifted to the forefront. The company's decisions can influence the world in a positive or negative way on a larger scale. The five steps of principled reasoning provide some order and meaning for a topic that is too open to interpretation. Having a clear ethical decision-making process eliminates bias and provides a simplified path to better business.
As a business owner, the easiest way to develop this process is to shorten it to five steps and three simple questions. These five steps are:
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Clarification
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2. Evaluation
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3. Decide
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4. Implementation
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5. Monitoring and modification
The three questions assessed are:
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Do you want to treat others?
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If your reasoning and decision are to be announced, would you feel comfortable?
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If your child is watching you, will you feel comfortable?
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[Josephson Institute of Ethics, 1999]
The pressure to balance company growth and profits and the decisions that benefit everyone are more complex than just a few. In the Ethics Scorecard Rules Handbook, the ProEthics project at the Josephson Institute of Ethics lists five main steps in ethical decision making. Another reason to complicate the situation is to work hard to ensure that everyone within the company is thinking about your ethical ideals. By using the guidelines of Josephson College, one can begin to set standards for ethical decision making and, in turn, create a template for others.
"The basis of ethical decision-making involves choice and balance; it is a guide to abandoning bad choices to support good choices" [Chmielewski, 2004].
The first step is to clarify what decision you made? What are your choices for solving the problem? First eliminate any illegal or infeasible options. Then, decide on the clear choices of the three races. Check them and determine the ethical principles involved in each option.
Next, you will evaluate and see if there are any options that need to sacrifice any ethical principles. Review each option and determine the benefits, burdens, and risks for your company and consumers. Identify any location of your assessment based on facts or beliefs that do not support conclusions or opinions. Determine if all sources of information are valid.
Once you have thoroughly evaluated all the options, you should decide on the best option. Consider the remaining options based on your conscience. Give priority to your values so that you can decide which choices to make and which choices to give up. Find out who will benefit the most and who will receive the least damage from your choices. Think about the worst situation and how to avoid it.
Once you delve into all aspects of the options, make decisions and set the direction, you will implement your choice. It is best to implement it by developing a plan for how to implement the decision and implement it to the final plan.
The final step in ethical decision-making is supervision and revision. This can be done by monitoring the impact of the decisions you make. An important part of the change is the willingness to change your plan or try another idea completely. According to your plan, you can adjust accordingly based on any other information. Projecting potential problems is not foolproof, and reacting to problems in real time is the only way to ensure the best intentions to succeed.
These three questions are quick touchstones of how you feel about the choices you can make. By running through these and assessing your feelings about the answer, you can quickly determine if the decision makes you feel like you are a bad moral choice. It can lead to red flags, allowing you to slow down and further research your potential choices.
If potential employees share the same business ethics with their employers, it is almost impossible to know from the application or work experience. Therefore, employers should educate their employees to detail their own expectations and procedures for handling ethical decisions. Helping them understand and use this approach will align your company with pages that respect ethical standards [Mayhew, 2017].
Chmielewski, C. [2004]. Values and culture in ethical decision making. Retrieved on November 16, 2017 from https://www.nacada.ksu.edu/Resources/Clearinghouse/View-Articles/Values-and-culture-in-ethical-decision-making.aspx
Ethics Scorecard Rules Book, ProEthics Ltd. Josephson Ethics Institute Project. "Five steps of principled reasoning." 1999.
Mayhew, R. [2017]. What are the ethical challenges facing companies? Retrieved on November 16, 2017 from http://smallbusiness.chron.com/challenges-business-face-involving-ethics-20160.html
Orignal From: Principle reasoning and moral decision
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