Ethics

Is ethical capitalism possible?



Ethical Organizations Rest on Three Pillars

• Ethical Individuals
• Ethical Leaders
• Ethical Processes and Structures

How does a company get each of these pillars?
What happens if you are missing one pillar?

Stakeholder Model of Social Responsibility

• Shareholders
• Customers
• Employees
• Suppliers
• Local Communities
• Governments
• Special Interest Groups
• Media
• Trade Associations

Think about about your company - can you describe each of these groups and think about their stake in the company.







Social Responsibility

• Economic responsibility
• Legal responsibility
• Ethical responsibility
• Discretionary responsibility