Ethical Reflection
Ethics Reflection Paper
Carlos Duran
STR/581
September 25, 2015
Dr. Wyatt
Ethics Reflection Paper
The purpose of writing the paper is so that it can reflex on issues of ethics in strategic planning. Another purpose is to explain how ethics and social accountability in evolving a strategic plan for a company. Lastly, the paper will consider how both ethics and social responsibility considers stakeholder(s) needs. The Role of Ethics and Social Responsibility in Strategic Planning Knowing that ethics is a major fundamental principle in people or groups of people, such as businesses, importance of this awareness these groups have to achieve working knowledge of ethics so that they do not upset others around them. Socially businesses have to also take in their responsibility in the strategic planning because businesses have a responsibility to do their activities to meet bigger commitments towards the society and the environment (Abdullah, 2013). Strategic planning is very important and is a primary action in the corporate world which the company uses their upper level management to articulate the organization’s strategy, direction, and in deciding important elements for the organization (Abdullah, 2013). Stakeholders Needs
Stakeholders are part of strategic planning because they hold a major part of influence in how a company will do things to satisfy their needs. Stakeholders are basically everyone that has a stake in the business. The stakeholders view of a corporations responsibility are Stockholders, Creditors, Employees, Customers, Suppliers, Government, Unions, Competitors, Local communities, and the general public (Pearce, 20110). Personal Ethical Perspective Evolved as requested from the class syllabus Patricia Holt retook the Ethics Awareness Inventory for better understanding of her personality traits. After taking the Ethics Awareness Inventory she found that she was high in the ethical perspective of Character (C). This showed her that she tended to
Carlos Duran
STR/581
September 25, 2015
Dr. Wyatt
Ethics Reflection Paper
The purpose of writing the paper is so that it can reflex on issues of ethics in strategic planning. Another purpose is to explain how ethics and social accountability in evolving a strategic plan for a company. Lastly, the paper will consider how both ethics and social responsibility considers stakeholder(s) needs. The Role of Ethics and Social Responsibility in Strategic Planning Knowing that ethics is a major fundamental principle in people or groups of people, such as businesses, importance of this awareness these groups have to achieve working knowledge of ethics so that they do not upset others around them. Socially businesses have to also take in their responsibility in the strategic planning because businesses have a responsibility to do their activities to meet bigger commitments towards the society and the environment (Abdullah, 2013). Strategic planning is very important and is a primary action in the corporate world which the company uses their upper level management to articulate the organization’s strategy, direction, and in deciding important elements for the organization (Abdullah, 2013). Stakeholders Needs
Stakeholders are part of strategic planning because they hold a major part of influence in how a company will do things to satisfy their needs. Stakeholders are basically everyone that has a stake in the business. The stakeholders view of a corporations responsibility are Stockholders, Creditors, Employees, Customers, Suppliers, Government, Unions, Competitors, Local communities, and the general public (Pearce, 20110). Personal Ethical Perspective Evolved as requested from the class syllabus Patricia Holt retook the Ethics Awareness Inventory for better understanding of her personality traits. After taking the Ethics Awareness Inventory she found that she was high in the ethical perspective of Character (C). This showed her that she tended to
References: Abdullah, A., (2013). Five Important Issues of Ethical and Social Responsibility in the Strategic Planning Process, eHow Contributor. Retrieved from http://www.ehow.com/info_8618109_five-responsibility-strategic-planning-process.html Ethical Awareness Inventory (2012). Ethical Awareness Inventory, Gain New Insight Into Your Ethical Perspective. Retrieved from https://ecampus.phoenix.edu/secure/aapd/Vendors/TWI/EAI/ Pearce, J. A., II, & Robinson, R. B. (2011). Strategic management: Formulation, implementation, and control (12th ed.). Boston, MA: McGraw-Hill/Irwin.