Despite the world 's trend toward upholding business ethics, the major corporate scandals in the past decade including the familiar Enron, WorldCom, Tyco, AIG, and Madoff cases along with Toshiba 's disgrace in the recent days, send a clear and consistent message and that is: we are still living in an era of immaturity in ethical awareness. You may be thinking to yourself, "I have a high morale and I know I won 't give in to pressures to do something to make such a scene". While a high morale makes it more likely to act ethically, the problem is in reality when people face scenarios involving ethical issues, often they are not even aware of the ethical implications of their actions and so they think they 're doing the right thing. This is probably mainly because we subconsciously rely on the "ethical efficiency" of our guts to make judgments and internally carry an illusion of morality. Take Dennis Gioia, the Management and Organization Department Chair at PennState University, as an example. The …show more content…
Dennis, as a Recall Coordinator, had multiple opportunities to recall the Pinto but he didn 't; and a review of his reflections on the case proves that he became a victim of the subtlety of ethical dilemmas and a …show more content…
In this context, one of Stephen Covey 's studies about the impact of ethics in the workplace, reveals some shocking statistics. According to this study, time theft, employee disengagement, under-productive meetings, and dishonesty accounts for a total of $637B in employers ' money. Does this make you wonder how much you 're costing your organization? Does it make you wonder if you 're a "good"