management ethics & csr final
TRANSCRIPT
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8/2/2019 Management Ethics & Csr Final
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Subject: Principles of Management
Topic: Management Ethics & CSR
Suffyan wazir (55380)
Adeel Ahmed Kirmani (55510)
MBA- EveningPresented to: Sir Khan Kashif
Class ID: 55019
http://islamiccenterofcarolinas.wikispaces.com/file/view/bismillah.jpg/79687007/bismillah.jpg -
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Ethics is the study of standards of behavior whichpromote human welfare and the good
Business Ethics is the study of standards ofbusiness behavior which promote human welfare
and the goodEthics involves learning what is right or wrong, andthen doing the right thing
What is ethics?What is business ethics?
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Ethics is about how we behave about thestandards we hold ourself to
Ethics is about relationship, how we treat eachother, even those we dont know
What is ethics about?
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Just feelingsThe same as religion
Just following the law
Following what every body does
Technology or sciencewhat can be done
Ethics is not . . . .
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Levels of ethics
How we act as an individual
How we structure our organization & theirwork
How we structure our society, our laws, oursystem
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CSR is about how companies manage thebusiness processes to produce an overall
positive impact on society.(By Mallen Baker)
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Corporate Social Responsibility
Social Obligation: A firms engaging in social actionsbecause of its obligation to meet certain economic & legalresponsibilities
Classical View: The view that managements only socialresponsibility is to maximize profits.
Socioeconomic View: That managements socialresponsibility goes beyond making profits and includesprotecting and improving societys welfare.
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Social Responsiveness: A firms engaging in social
actions in response to some popular social need.
Social Responsibility: A business intention beyond itslegal & economic obligations, to do the right things and act in
ways that are good for society
Corporate Social Responsibility
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GREEN MANAGEMENT
A number of environmental disaster brought anew spirit of environmentalism to individuals, groupsand organizations. Increasingly managers havebegun to consider the impact of their organizations
on the natural environment.
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Different EnvironmentalApproaches
LEGAL APPROACH
Is simply doing what is required legally. They obeylaws, rules and regulations without legal challengesand thats the extent of their being green.
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MARKET APPROACH
The market approach respond to environmentalpreference of customer. Whatever customersdemand in terms of environmentally friendlyproducts will be what the organization provides
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STAKEHOLDER APPROACH
An organization works to meet the environmentaldemands of multiple stakeholders, such asemployees, suppliers or community.
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ACTIVIST APPROACH
It looks for the ways to protect the earths naturalresources. The Activist approach reflects thehighest degree of environmental sensitivity.
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STAGES OF MORAL DEVELOPMENT
There are three levels of moral development:
Principled:
5. Valuing rights of others and upholding absolutevalue and rights regardless of the majoritysopinion
6. Following self chosen ethical principles even ifthey violate the law
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REASON FOR SOCIAL
RESPONSIBILITIES
The social responsibility of management, it is nowrecognized that besides taking care of the financialinterest of owners, managers of business firm mustalso take into account the interest of various other
group such as employees, consumers, thegovernment and the community as a whole.
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KPMG Global CSR
Initiative
"There are many underprivileged people living in our owncommunity who have not had the same opportunities that wehave had, I see it as my responsibility to give them a helping
hand."
Carlson TongChairman, KPMG China
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KPMG Global Green
Initiative
With our global goal to reduce our carbon footprint by 25 percent(from a 2007 baseline), we have completed our internal carbon
emissions assessment for the calendar years 2007 to 2009
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KPMG Global Green
Initiative
The two KPMG ambassadors witnessed first-hand theimpact of climate change on Antarctica's fragile
ecosystems and wildlife and shared their experiences.
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Pakistan State Oil CSR Initiative
Education:
PSO has undertaken a wide range ofinitiatives to support several educational
programs. Such initiatives includeinstituting gold medals, cash awardsand scholarships for top students of
leading professional institutes including
IBA, LUMS, UET, NED University
HealthcareCommunity BuildingWomen EmpowermentSpecial Children Welfare
Sports DevelopmentRelief Activities
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PIA CSR Initiative
HSE Management System (Health,
Safety & Environment)As part of this program, PIA conductsorganization wide HSE trainings, development
of HSE objectives, implementation of HSEsystem procedures and management reviews to
assess the continual effectiveness of the HSEsystem. These accomplishments will make PIA
a safer airline.
Training and EducationPIA Training CenterPIA Model SecondarySchool
PIA Training CenterMedical Services
Social ServicesPIA PlanetariumsPIA Horticulture
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Is CSR the same as Business Ethics
There is clearly an overlap between csr & businessethics
Both concepts concern values, objectives and decisionbased on something than the pursuit of profits
and socially responsible firms must act ethically
The difference is that ethics concerns individual
actions which can be assessed as right or wrong byreference to moral principles