Changes in Rubric Ethics and CSR (Workshop)_PGP

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INDIAN INSTITUTE OF MANAGEMENT INDORE

Post Graduate Programme in Management2015-16Term: II

TITLE OF THE COURSE: Ethics and Csr (workshop)CREDITS: 2 CreditsName of the Faculty member:Prof. Abha ChattarjeeProf. G. Venkat RamanProf. Biswanath Swain

Faculty Block and Room no.:A 204B 111 C 104

Email: [email protected]@[email protected]

Telephone Number:0731-2439-5270731-2439-585 0731-2439-570

Course DescriptionIn todays rapidly changing milieu, society increasingly demands ethical and social responsibility. The business ethics course is designed to provide an ethical dimension to the conduct of commerce. It not only highlights at what is, but also what can be and what ought to be. The course intends to help participants to think more deeply about the ethical choices they make and will have to make in their business and professional lives.

COURSE OBJECTIVES To make participants aware of ethical issues and their place in business To apply different frameworks to ethical issues that arise in business activity To develop critical thinking for decision making

Pedagogy/Teaching Method:The course is structured to be a combination of lectures, discussions, classroom activities, and projection of some video clips.

Expected Learning Outcomes and Associated MeasuresAt the end of the course student is expected to accomplish the following learning outcomes (CLO). Alignment of CLO with the Programme Level Goals & Objectives and Assessment of the learning outcomes of the course is presented below.Course Learning OutcomeProgram Level Goals/ OutcomeAssessment Tool(s)

1. Will be able to appreciate differences between ethical and non-ethical dilemmasPLG 8: Prepare business leaders of integrity with a sound understanding of ethics8.1Identifies and differentiates ethical issues from unethical ones pertaining to a business

Individual Activity (Includes ethical compliance Tests, Quiz)

2. Will be able to apply ethical approaches to solve workplace dilemmas8.2 Analyse the given perspective in the light of ethical principles

Group Presentation

3. Will be able to appreciate the moral corporation through CSR initiatives8.4Demonstrates understanding of the current issues of leadership behavior

PLG 4: Inculcate Integrative Thinking ability4.3 Adopts or develops own perspective or position4.6 Devises necessary strategies or tactics as part of action plan to address the problem

Research exercises. Students will be individually evaluated

EVALUATION ToolsQuizPoor, Satisfactory, Good, Excellent

ActivityPoor, Satisfactory, Good, Excellent

Research exercisePoor, Satisfactory, Good, Excellent

Schedule of Sessions

Module I: Introduction to Business Ethics

Module Objective: To appreciate the relevance of ethics in business today

Sessions and Objective

Session 1: Why Business Ethics?

Objective: To comprehend the nature of business ethics and to analyze why there is a requirement of ethics in Business.

Reading: 1. Badaracco, J.L Jr., Right versus Right: When Managers Are Faced with Tough Ethical Choices, HBR 1997, Product no. 3052BC2. Gellerman, Saul W., Why Good Managers Make Bad Ethical Choices, HBR July 1986.

Activity1: Ethics Compliance Test

Session 2: Contemporary Issues in Business

Objective: To familiarize with relevant concepts in Ethics. Some of the concepts to be introduced in this session include ethical fading, motivated blindness, indirect blindness, slippery slope, Dan Arielys concepts like the ego motivation and financial motivation and the fuzz factor. In addition to that there would be a discussion on various contemporary issues in Business and their ethical solution.

Reading: Bazerman, H. Max and Tenbrunsel, Ann E., Ethical Breakdowns, HBR April 2011

Activity 2:Test to be conducted by taking one or two issues happened/happening in an organization or organizations and to identify the ethical issue in the same.

Module II: Ethical Decision Making

Module Objective: To hone the ethical decision making skills

Sessions and Objective

Session 3: Ethical Approaches

Objective: To know, analyze, and appreciate the developed/given ethical frameworks. Alternatively we can say: To introduce students to the basic premises of some of the well-established ethical frameworks like teleology, deontology, virtue ethics

Reading: Kvalnes, Oyvind and Overenger, Einar., Ethical Navigation in Leadership Training, EtikkPraksis: Nordic Journal of Applied Ethics, 2012, 6(1), pp. 58 71

Case: Approaches to Ethics: The Study of Ethics, 1984, Darden Business Publishing, University of Virginia, UVA-E-0020

Activity: Choose film/literature/incident to present in session 4 through one framework

Session 4: Application of Ethical Approaches

Objective: To apply ethical approaches in resolving workplace dilemmas

Activity: Analysis of the write ups submitted by participants

Module III: Corporate Governance and Accountability (special session to be handled by Prof Rishikesha T Krishnan)

Module Objective: To critically examine and discuss various facets of corporate governance

Session 5:Corporate Governance

Objective:To enable grappling with the questions like in whose interest the corporate should be run and what group/groups ought to have ultimate decision power?

Reading: None

Case:Pandey Satish C and VermaPramod, World Com Inc; Vikalpa, Vol 20, No. 2, April-June 2005,pp 137-148

Activity: Group Discussion

Module IV: Corporate Social Responsibility

Module Objective: To analyze and appreciate the ethical issues in Corporate Social Responsibility

Sessions and Objective

Session 6: Introducing Corporate Responsibility; The origins of Corporate Responsibility

Objective: To create an awareness of corporate responsibility which is one of the contested issues in business arena

Reading: Blowfield, Michael and Murray, Alan. Corporate Social Responsibility. Oxford University Press, 2011, chapter 1 & 2. Documentary: The Corporation

Session 7: Corporations, Morality, and Corporate Social Responsibility; Concept of the Corporation: Shareholder vs. Stakeholder; Corporate Codes.

Objective: To assess the interwoven relationship between corporations, morality, and Corporate Social Responsibility

Reading: DeGeorge, Richard T., Business Ethics, Pearson Publication, 2011, chapter 10.

Session8:Various Models of Corporate Social Responsibility

Objective: To create awareness of various models of corporate social responsibility and Best Practices of CSRReading: Kleinrichert, Denise. Ethics, Power and Communities: Corporate Social Responsibility, Journal of Business Ethics 78, pp. 475 485, 2007. Albareda, Laura et al., The Changing role of Governments in Corporate Social Responsibility: Drivers and Responses, Business Ethics: A European Review 17, no. 4, 2008 Ghosh, B N. Business Ethics and Corporate Governance, Tata McGraw Hill Education Private Ltd., 2012, chapter 12.

Case: Corporate Social Responsibility at ONGC Ltd., IBS Centre for Management Research, Case Code: BECG066, 2006.

Research Exercise: Investigate the companys website and set out the main aspects of their corporate responsibility, sustainability, or corporate citizenship programme. What are the benefits and drawbacks of the corporation taking over these responsibilities?

Session 9:Corporate Social Responsibility in Private and Public Corporations

Objective: To assess the CSR initiatives in companies whether these initiatives are well-worn or not. ToDiscuss and deliberate on the role of industry in solving public problems, especially in the contextin the context of a developing society where the government is constrained by various limitations infulfilling its roleReading: Porter, Michael E. and Kramer, Mark R. Creating Shared Value, HBR January-February, 2011.

Case: Rishikesha T Krishnana, The Pune Power Model, HBS, IIM B 441

Session 10: Revisit into Ethics, Ethical aspects of Corporate Governance, and Corporate Social Responsibility

Objective: To gauge whether the participants have inculcated the ethical perspectives Corporate Social Responsibility and

Case: None

Activity: Analysis and class discussion on the write ups submitted by students

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