Author:M. Azim Ulfati
Management Decisions
- How a company’s ethical standards are aligned with its decision-making approach (es) and how you would be certain that ethical decisions were being made?
- From the perspective of an executive suite, prioritize three of the responsibilities of management and justify your selections.
I
think that any company’s success relates to its ethical standards which
are aligned with its decisions making approach. Understanding how we
make and follow through on ethical decisions is the first step to making
better choices and the second one is taking a systematic approach. It
is very important for the entire manager to make sure that all employees
know all do’s and don’s and how to deal and behave with customers and
use the daily conduct, moral values and corporate culture of the company
as well as the individual and eventually they perform their tasks in
the best possible way in order to achieve the company’s goals.
It
is also very important for decision makers (Managers) to decide wisely
and follow step-by-step process for choosing and performing a job in an
ethical and legal way.
For instance, I work in a company where the mangers make wise decisions in ethical standards.
If
the manager wants to lay off an employee or changes his/her duty
location, he/she makes sure that every thing can flow better, then he
lays off or changes his/her duty location.
Ethical
decisions are made through these five steps. First the manger makes
sure and thinks that is it an ethical issue?, he gets the facts,
evaluates alternative actions, tests his decision and once the decision
is made then he/she does not waste time in implementing it. Sets a date
to review his/her decision and makes adjustment if necessary, Often he
makes decisions with the best information to hand at the time, but
things change and he makes a flexible decision making to be able to
change that decision, then he lays off or changes his/her duty location.
Managers also need to practice these steps in their businesses accordingly.
The
steps are planning; they have to plan a head of time or on time and
must know what is needed in their businesses. The next one is organizing
their daily, weekly and monthly schedules in order to plan and use the
resources in the right places for the right plans.
Directing,
leading, influencing is also one of the steps for using the skills and
making effective plans in business. And the last one is controlling and
checking all the planned resources, skills and progresses of all the
plans.
It is
important to know that ethical decision-making is a tricky business and
managers must make more palatable workable decisions.
I think three responsibilities of management and my selections out of them are the following.
Establishing
the corporate culture of the business from top executive management to
lower level management. Making sure all do’s and don’s are complied
within the corporate culture of company.
The
second management responsibility is to motivate and encourage employees
of the company in a democratic style, where the employees perform their
daily job in the best way possible and can bring new innovate ideas in
the meetings for the growth and progress of company.
The third one is coordination of leadership with the employees in a coaching style.
It
is important for all mangers to have and perform all the mentioned
responsibilities in the best possible way to achieve company’s goals
toward success.
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