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Management Philosophy Toward an Ethical Worldview

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Paradigm Shift in Management Philosophy

Abstract

The ethical task confronting the management of organisations in modern society is enormous, and it would be folly to think that organisations on their own can bring about a major change of heart. In a society of limited resources and a shrinking global economy with increasing unemployment and environmental risks and uncertainty, the need for ethical insights and guidelines has never been more urgent and important. The ethical battle is about fighting for something you love and cherish, namely, the moral values of humanity.

In this chapter, ethics is portrayed as an integral part of our whole being, attitude and behaviour, and not a mere observance of certain rules and precepts. Understanding the meaning of ethics cannot be arbitrary or ambiguous. It needs to be seen from all its various modes of interpretation as core moral principles upon which credible decisions are produced. The cascading impact of unethical decision making is discussed using relevant contemporary practical examples. The decision makers who form the dominant coalition in an organisation need to observe stringent governance norms, rules and standards to prevent a cascading consequence of unethical behaviour filtering down to their employees. Subordinate workers in an organisation will become infected by the behaviour of those making the decisions.

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Ram, I.G. (2020). Management Philosophy Toward an Ethical Worldview. In: Thakkar, B. (eds) Paradigm Shift in Management Philosophy. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-29710-7_8

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