1. Ethics Management notes

2. Ethics – morals or personal rules for conduct

3. What are business ethics?  Definition : Rules about how businesses and their employees ought to behave.  Core Values – a set of written rules guiding employee actions  Worded as acceptable behavior NOT prohibited behavior  Definition : Rules about how businesses and their employees ought to behave.  Core Values – a set of written rules guiding employee actions  Worded as acceptable behavior NOT prohibited behavior It is lawful Not intended to harm a few so others can benefit Consistent with company values and policies If results became public, the company would not look bad

4. Who is responsible for ethical behavior?  EVERYONE in the company BUT… it starts with the corporate executives and management.

5. Common Concern  The most common ethical concern is a conflict of interest.  Occurs when the action by a company or individual results in an unfair benefit.  EXAMPLE: Joseph serves on the MVISD school board. Joseph encourages schools to buy all office products from the local office supply company, which his brother owns.  The most common ethical concern is a conflict of interest.  Occurs when the action by a company or individual results in an unfair benefit.  EXAMPLE: Joseph serves on the MVISD school board. Joseph encourages schools to buy all office products from the local office supply company, which his brother owns.

6. Basic Model for Ethical Decision Making 1. Identify the Problem2. Identify all parties involved3. Diagnose your options4. Analyze the cost and benefits of your options5. Act on your decision

7. Group Think Aloud  In groups of 3-4 students, read and evaluate an ethical dilemma. As a group, analyze the dilemma using the 5 step model. Complete the worksheet and be prepared to share.

8. Leadership notes

9. What is leadership by management?  Definition: the ability to motivate leaders and groups to accomplish important goals. Characteristics of Effective Leaders Understanding Dependable Confident Stable Cooperative Honest Courageous Good Communicator Intelligent

10. How can leaders influence others? Informal Influence Power resulting from the personal characteristics of the leader Formal Influence Power based on a person’s position within an organization.

11. Preparing to be a leader You don’t have to be a manager or captain to be a good leader! Just prepare:  Study leadership  Participate in clubs and organizations  Practice leadership at school / work  Observe leaders  Work with a mentor  Do a self analysis You don’t have to be a manager or captain to be a good leader! Just prepare:  Study leadership  Participate in clubs and organizations  Practice leadership at school / work  Observe leaders  Work with a mentor  Do a self analysis

12. Self Assessment & Reflection  Are you a strong leader? Click on the link below and take the self assessment.  https://www.mindtools.com/pages/article/newLDR_50.htm https://www.mindtools.com/pages/article/newLDR_50.htm  Prompt: Identify and evaluate your own leadership abilities.  How did you rate on the quiz? Do you agree or disagree with the results. What areas did you score well in? What areas can you improve.  List the things you have done and activities you can been a part of that contribute to your leadership skills.  Explain how your leadership skills may affect your life / career goals in your school and community.  Are you a strong leader? Click on the link below and take the self assessment.  https://www.mindtools.com/pages/article/newLDR_50.htm https://www.mindtools.com/pages/article/newLDR_50.htm  Prompt: Identify and evaluate your own leadership abilities.  How did you rate on the quiz? Do you agree or disagree with the results. What areas did you score well in? What areas can you improve.  List the things you have done and activities you can been a part of that contribute to your leadership skills.  Explain how your leadership skills may affect your life / career goals in your school and community.