management ethics & csr final

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

management ethics & csr final

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