1. Lesson plan for FND2610 “Polartec case” day 1.Case discussion: business decisions and ethical issues elucidated 2.A framework for ethical decision- making 3.Group activity 4.“Sixty Minutes” video clip

2. * based on work by Livingstone et al to be published A framework for ethical decision- making* Identify business decisions, underlying ethical issues, and stakeholders affected Brainstorm alternatives Evaluate alternatives from different ethical perspectives (e.g. universal rule, utilitarian approach, etc.) Evaluate in light of producing the most business value Propose solution and reflect

3. Applying the framework: a template Business decision/issue identified (phrased as a question) ___________________________ Underlying ethical issues identified (phrased as questions) 1.__________________________ 2.__________________________ 3.__________________________ Stakeholder groups identified a)________________________ b)________________________ c)________________________ d)________________________ Brainstorm alternative solutions 1.__________________________ 2.__________________________ 3.__________________________ (go to next page)

4. Template – page 2 For each ethical issue identified, complete one “impact” table: Cells to record impacts of solutions on stakeholders Stakeholder groups identified: Ethical Issue identified __________________ a)b)c)d) Solutionsproposed: 1. 2. 3.

5. Template – page 3 Evaluate solutions using different ethical frameworks Framework considered:“best” alternative solution identified: 1. Universal rule e.g. “golden rule”, or Kant’s “categorical imperative” 2. Utilitarian approach e.g. “cost/benefit”, or “Pareto-optimization” (i.e. there is no other solution that could make everyone either the same or better off and no one worse off). 3. other

6. Template – page 4 Other considerations identified (e.g. legal requirements, prohibitions) ___________________ Identify alternative solution that maximizes “business” value (e.g. maximize NPV, supports strategy, mission) ___________________ Decide on your proposed solution ___________________ Comments on your proposed solution?