ethics

4 Standards that Sustain Public Trust:

4 Standards that Sustain Public Trust Avoidance of Conflicts of Interest Maintenance of Impartiality Avoidance of Appearance of Impropriety Submission to Extensive Public Disclosure to Ensure Fitness for Public Office (transparency

When Managers Go Ethically Wrong:

When Managers Go Ethically Wrong Non-managerial roles: embezzlement, stealing, sexual harassment, etc. = Malfeasance Managerial role failure: superficial performance appraisals, poor planning = nonfeasance or misfeasance (incompetence) Managerial role distortion: bribery, price-fixing, etc. = malfeasance Managerial role over-exertion: high risk investments, resisting regulation = malfeasance or misfeasance

Public-Private Differences:

Public-Private Differences Private Optimize market value Individual ownership, customer sovereignty Reductionist economic value system Power: Meet economic demands Efficiency Business as major institution Public -Optimize public value -Collective public interest and citizen sovereignty -Diverse value system -Power: Meet political demands -Fairness -Government as major institution

Management Process Integrity:

Management Process Integrity Ethical Awareness (perception, sensitivity) Ethical Judgment (analysis, resolution) Ethical Intention (cognitive readiness to act or intellectual virtue; volitional readiness to act or emotional virtue) Ethical Conduct (action, responsible responsiveness)