Describe the ethical and/or socially-responsible opportunity that the organization currently faces, and the current adverse impact on the business, society, and/or the physical environment.
Describe the ethical and/or socially-responsible opportunity that the organization currently faces, and the current adverse impact on the business, society, and/or the physical environment.
November 24, 2020 Comments Off on Describe the ethical and/or socially-responsible opportunity that the organization currently faces, and the current adverse impact on the business, society, and/or the physical environment. Uncategorized Assignment-helpEthical Dilemma Case Study Ethical Dilemma Case Study Individual assessment Six- to eight- page Individual paper Individual Assignment: Each student identifies an ethical and/or socially-responsible opportunity that his or her organization (or an organization the student researches) currently faces, and develops a leadership plan that addresses the opportunity in a way that ensures improved organizational results and the sustainability of the business; the plan must also address how it will reduce the opportunity’s current adverse impact on society and/or the physical environment. The written plan should: • Describe the ethical and/or socially-responsible opportunity that the organization currently faces, and the current adverse impact on the business, society, and/or the physical environment. Examples include: competitive initiatives that cross the line in terms of corporate ethics (e.g., data mining of online customers’ use of the Internet without their approval); sponsorship of “scientific” studies designed to substantiate corporate initiatives (e.g., smoking is not addictive, burning of fossil fuels does not contribute to global warming or pollution, etc.); off-shoring of work to low-wage countries (e.g., where goods are produced for export under near slave-like working conditions). • Describe a plan that addresses the ethical and/or socially-responsible actions that the student proposes • The plan should include: a. Its objectives in addressing the opportunity b. A concrete measurement of what success will look like if the plan is effective c. Definitions of the roles of leadership and other stakeholders in implementing the plan d. The specific elements of the plan e. A timeline of dates and accountabilities for each element of the plan f. Interim metrics to monitor the effectiveness of each element of the plan as it is implemented, as well as for the plan as a whole g. Specific initiatives that address the communication of the plan and the resistance to change that it will evoke • The plan should also include a final assessment of its effectiveness, planned for some time following the completion of the implementation of the plan, which addresses not only the effectiveness of the plan in reducing the adverse impact to the business, society, and/or the physical environment, but also the plan’s unintended consequences and any “lessons learned” that the organization can benefit from when addressing its next ethical and/or socially-responsible opportunity • Finally, each plan should end with a statement of the student’s personal code of ethics – the statement, paragraph, or set of “bullets” that the student will utilize as their guidelines for ethical behavior throughout his or her career in business. Topic for Case Study The company I have selected to research is Wells Fargo (I do not work for them) and the socially irresponsible actions that have transpired in the last several years. In reading various articles online, it appears that artificial intelligence (AI) is new component that many companies are having to embrace and address as a social responsibility. AI compounded with the previous infractions that Wells Fargo has incurred will make for an interesting challenge as the financial sector facdfpes strenuous regulations and guidelines.