Ethical decision making report

General Guidelines for Ethical Decision Making General Guidelines for Ethical Decision Making It is useful when making ethical decisions to understand that different considerations enter the picture for each of us. Nonetheless, there are some overarching principles we can use in approaching ethical decision making. The effect of the actions on the decision maker egoism ; everyone potentially involved utilitarianism ; and the fundamental principles deontology represent three major systems of theoretical ethical systems.

Ethical decision making report

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How to Apply the Ethical Decision-Making Framework Game-based Course Ethical Decision-Making for Investment Professionals This self-paced, minute online course presents the ethical decision-making framework and uses multi-media case studies to show you how to apply the framework in the real world.

Your score is the number of clients earned as a result of the decisions you make. This course is offered through our Learning Management System which is optimized for the following browser versions: ET Exploring Additional Case Studies This minute webinar builds on the introductory webinar, using additional case studies to practice applying the framework.

Ethics Cases - Ethics in Practice Test your ethical decision-making skills with these short cases based on real-world scenarios. About the Ethical Decision-Making Framework We developed this Identify-Consider-Act-Reflect framework for ethical decision making to help investment professionals like you analyze and evaluate ethical scenarios where there is not a clear "right" and "wrong" path.

This framework is not a linear checklist, but a summary of the key elements of making ethical decisions. Although you will likely encounter unique influences, conflicts, and actions beyond those detailed below, this framework can help you make ethical decisions in common day-to-day situations.

Which fundamental investment professional principles fair dealing, full disclosure, loyalty, diligence, etc. To whom do you owe a duty? Your client, employer, colleagues, others? Some duties, such as protecting the integrity of the capital markets, may be more important than others.

What facts do you know and what additional information do you need to make an informed decision? Are there any encumbrances, relationships, or incentives influencing your actions?

Ethical decision making report

Are outside pressures such as conforming to the group or obeying authority or internal biases such as overconfidence affecting your decision? Have you brainstormed multiple solutions and avoided a particular preconceived path?

Have you sought the independent, objective assessment of other people to gain additional perspective? Act Make a decision: The specific action required depends on the individual aspects of the situation.

Your decision may require multiple actions or steps, or none at all.

Ethical Decision Making in the Workplace | Reports | CIPD

Elevate the issue to a higher authority: Alternatively, the best course of action may be to elevate your concerns to a more appropriate person. You may need to follow up with the other person to ensure appropriate action was taken.

Reflect What did you learn?: After you take action, review the path you chose. The lessons you learn will help you reach ethical decisions more quickly in the future. Know your strengths and weaknesses: Regardless of the consequences your decisions and actions bring, understanding your strengths and weaknesses will help you make ethical decisions in the future.STEPS OF THE ETHICAL DECISION DECISION--MAKING PROCESSMAKING PROCESS EESE Faculty Development Workshop.

Douglas R. May, Professor and Co-Director. International Center for Ethics in Business. SUMMARY OF THE STEPS OF THE ETHICAL DECISION MAKING PROCESS 1.

One approach to ethical decision making is to consider the effect of your decision on yourself as the decision maker, anyone else potentially involved, and the bigger picture – the impact of your actions on your institution, your profession, and the world. Perspectives on ethical workplace decision-making A review focused on helping practitioners navigate their choices about designing and implementing HR systems and practices The world of work is evolving fast and is growing more diverse. Ethical Decision Making Management March 22, Ethical Decision Making Halliburton is a corporate giant in the world and in the oil industry. Halliburton is notorious for their poor legal, ethical, and social attheheels.come of these poor ethical practices, many organizations have tightly watched Halliburton’s business practices.

2. Gather the facts 3. Define the ethical issues 4.

Ethical Decision-Making

Identify the affected parties. Ethical Decision Making Management March 22, Ethical Decision Making Halliburton is a corporate giant in the world and in the oil industry. Halliburton is notorious for their poor legal, ethical, and social attheheels.come of these poor ethical practices, many organizations have tightly watched Halliburton’s business practices.

Ethical Decision Making Management March 22, Ethical Decision Making Halliburton is a corporate giant in the world and in the oil industry. Halliburton is notorious for their poor legal.

Ethical Decision-Making for Investment Professionals This self-paced, minute online course presents the ethical decision-making framework and uses multi-media case studies to show you how to apply the framework in the real world.

Ethical decision making report

• The ethical action is the one that best protects and • Having a method for ethical decision making is essential. Ethical Decision Making Report Form.

Making ethical choices requires the ability to make distinctions between competing options. Ethical decision-makers monitor the effects of their choices.

Ethical decision - Wikipedia