Large Assignment Needed
Edward1111
MHR538_EthicalLeadership_Fall2020Lesson6.pptxEthical Leadership
Admin…Plan for Today
Guest Speaker: Jim Savina, VP, Wyndham Destinations
Discussion of readings
A New Model for Ethical Leadership
Why good companies go bad
Honor and Deception
Our Buggy Moral Code (Video)
Giving Voice to Values (Optional)
Nortel Networks (Optional)
Light Brain Stretching…
The consolidated trial of which oil company began in February of 2013?
Which company recalled 130,000 cases of Velveeta Shells & Cheese in 2011?
Name the CEO of Enron who took the company to financial disaster?
Which company was #1 in the world in market capitalization for all of 2012?
Which company was #1 in the world in market capitalization as of 30 Sept 2020?
Cogitate the following...
What do you get when you cross an elephant and a fish?
How do pickles enjoy a day off?
BP
Kraft
Kenneth Lay
Apple
Apple (others in the past ten years, in any given quarter, that held the number 1 spot: Exxon Mobile, Microsoft…30/39 for Apple (77%))
Swim trunks
They relish it
3
A New Model for Ethical Leadership
Instead of “don’t lie, don’t cheat” we should be saying what?
How can we create the most value for society
What’s the challenge?
Systematic cognitive barriers can blind us to our own unethical behaviors and decisions
Hampers our ability to maximize the value we create
What are motivation blinders?
What is bounded rationality/bounded ethically?
4
Intuitive versus deliberate approaches to ethical decision making
Which is better and why?
How to practice ethical decision making
Compare options rather than evaluate them singly
Disregard how decisions would affect you personally
Make tradeoffs that create more value for all parties in negotiations
Allocate time wisely
Integrate your ethical self
Increase your impact as a leader
A New Model for Ethical Leadership
Why Good Companies Go Bad
What is Active Inertia?
What previous course concept relates to active inertia?
Does “success breed complacency”?
How might active inertia turn into an ethical-related issue for firms?
Why Good Companies Go Bad
Five categories of commitments comprise the success formula:
Strategic frames: What we see when we look at the world, including definition of industry, relevant competitors and how to create value.
Processes: How we do things around here entailing both informal and formal routines.
Resources: Tangible and intangible assets that we control which help us compete, such as brand, technology, real estate, expertise, etc.
Relationships: Established links with external stakeholders including investors, technology partners or distributors
Values: Beliefs that inspire, unify and identify us.
Honor and Deception
What was the issue?
Was the AFA wrong to have an informant program?
Was it all bad? Were there any good reasons to have such a program?
How does this relate to a previous course concept/topic?
What would you do if you were in charge?
Our Moral Buggy Code
What was the issue at hand?
What was the speakers position on the issue?
Do you agree? Why or why not?
What are fudge factors? Do you use fudge factors in your daily lives?
Optional Readings
Giving Voice to Values
Nortel Networks
Next Time…
Leading in HR
Another Guest Speaker
Cathy Peffen, VP, Marriott Vacations
Readings
Army Crew HB Case
Creating the Best Workplace on Earth
Assignment
Army Crew paper due before class begins
Do a good job, but don’t make it harder than it is
4 questions, only 600 words
