Ethics WSLCA 1.16.13 OKC

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  • 1. Ethics AwarenessAndrew L. Urich, J.D.Puterbaugh Professor of Ethics & Legal Studies Spears School of Business Oklahoma State

2. Ethics Awareness I am NOT here to moralize. Awareness changes human behavior. 3. Who Am I to Discuss Ethics? I am a hypocrite. I play favorites. I interpret rules to my benefit. I have been known to ignore rules that get in my way. I hate to admit Im wrong even in those rare situationswhen it looks like I might be. I am much more likely to believe things that benefit me. I like my ideas better just because theyre mine. When things go wrong, I look for someone to share theblame. 4. Who Am I to Discuss Ethics? Sometimes I think its fun to say no just because Ihave the power to do so. Here is how I make decisions: I decide what I wantthe answer to be and then make up the logicalreasons to support my decision. I tend to judge myself by my intentions rather thanmy actions. I tend to judge others by their actions rather thantheir intentions. 5. Key Points to Remember Human nature is not naturally ethical. Ethics is gray not black and white. (In other words, you cant just say youre an ethical person andthats all there is to it) It is difficult to be ethical all of the time. 6. Ethical Lapses in the News Enron inflated earnings by $586 million investors lost $60billion Adelphia founder used corporate assets as collateral for $3.1billion in personal loans company bankrupt WorldCom overstated profits by $7.1 billion 17,000 workerslaid off Barings Banks Nick Leeson caused his employers collapse in1995 after losing US$1.3 billion in unauthorized derivativestrading. 7. The Tyco PartyTyco CEO looted company of $600 million 8. Why am I here today?Because yourreputation isworth it! Please rememberEnrons real problem! 9. Do Ethics Change With theTimes? The Thrifty V.P. Just following orders Ethics and young people Entrapment Does everyone have their price? 10. Its Easier Not To Be Ethical Easier to do whats convenient Easier to conform to norms Easier to do whats profitable Easier to win if you cheat It is very difficult to overcome the challengesof human nature 11. Its Easier Not To Be Ethical But Its Worth the Trouble Ethics is the key to leadershipand influence.A lie can travel halfway around theworld while the truth is putting onits shoes.Mark Twain 12. Self-Delusion Rationalization: polite term for self-delusion The greatest of all faults, I should say, is tobe conscious of none.--Thomas Carlyle (1795 1881) Scottish writer 13. The Secret to Happiness Self-delusion Hypocrisy Ignorance 14. The Secret to Happiness Ignorance is Bliss People who do things badly are supremely confident intheir abilities more confident, in fact, than people who do things well. Not onlydo they reach erroneous conclusions and make unfortunate choices, but theirincompetence robs them ofthe ability to realize it.Dunning, David Journal of Personality and Social Psychology December 1999. 15. Thank You! 16. Case ProblemBedlam Football 17. Guideline for Ethical Decision Making1. Is there an applicable law or organizationalpolicy?2. Should I ask about this before acting?3. Have I taken time to think carefully before acting?4. Would I disclose my decision to my supervisor, CEO, mother, etc.? (What if everyone found out?) 18. Guideline for Ethical Decision Making5. Am I avoiding the appearance of impropriety?6. Am I defining the problem correctly?7. Am I rationalizing?8. Finally, when in doubt, do I know who to contact? 19. References Ailes, Roger. You Are the Message. New York. Doubleday, 1988. Bazerman, Max H. Smart Money Decisions, Wiley & Sons, 1999. Blanchard, Kenneth, The Power of Ethical Management. William Morrow and Company,Inc., 1988. Buckingham, Marcus, First, Break All The Rules. New York: Simon & Schuster, 1999. Cialdini, Robert B. Influence: The Psychology of Persuasion. Harper Collins, 2007. Cohen, Randy. The Good, The Bad, & The Difference. Broadway Books, 2002. Covey, Stephen R. The 7 Habits of Highly Effective People. New York: Simon & Schuster,1989. Covey, Stephen C.R. The Speed of Trust, New York: Simon & Schuster, 2006. Fisher, Roger and William Ury. Getting to Yes. New York: Viking Penguin, Inc., 1981. Koch, Charles G., The Science of Success, Wiley & Sons, 2007. Lakoff, George. Moral Politics: How Liberals and Conservatives Think . The University ofChicago Press, 2002. Lattal, Alice Darnell, et. al. Ethics at Work. Performance Management Publications, 2005. Lewicki, Roy J., et. al. Negotiation. 2nd Edition., Irwin, 1994. Lewicki, Roy J., et. al. Essential of Negotiation, 4th Ed. McGraw Hill, 2007. Maxwell, John C. Theres No Such Thing as Business Ethics . Warner Business Books,2003. Nelsen, Jane, et. al. Positive Discipline, Three Rivers Press, 1998. Paul, Richard. Critical Thinking. Santa Rosa, CA: Foundation for Critical Thinking, 1993.