Ethics in Modern Management

(Hardback)

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This book confronts business managers with media accounts of alleged ethical misconduct by business people and the low opinion the public has of the honesty of business people in general. Gerald Williams agrees that greed and self-interest are surely at work here, but he points out that these vices can be found in just about every area of human endeavour. He asks whether business people might think there is some special characteristic of the business enterprise that sometimes justifies acting in ways that would be considered immoral if they were done in non-business situations. Does the impact, for instance, that a business may have on the economic welfare of its shareholders, employees, and the social and political communities in which it operates sometimes require its managers to follow a "double ethic", one that applies to their business lives but not to their private lives Not so, according to the author, who argues that there is no such thing as "business ethics"; there are only ethical principles applicable to all circumstances and conditions of human life. It is Williams' belief that only business people can restore their tarnished reputation by acting ethically, but that they have to know first something about moral theory and understand how different theoretical approaches to morality may yield different moral principles. Business people need to reflect on the set of moral principles they hold, conscientiously satisfy themselves that they are comfortable with those principles and, if not, modify them and apply them consistently in both business and nonbusiness situations. This book is designed to help managers with the process of education and moral reflection by describing three approaches to morality: cultural moral relativism, utilitarianism, and Thomistic natural law. The book the goes on to show how each hands-on approach can address and attempt to solve concrete, real-life ethical conflicts in the business world. The book offers a hands-on technique for teaching business ethics. It should interest business managers at all levels as well as teachers and students of business ethics.

Reviews

Managers, corporate officers, and trainers will find this an excellent sourcebook for reflection and training on ethics. (R.W.)-Training and Development ALERT
"Managers, corporate officers, and trainers will find this an excellent sourcebook for reflection and training on ethics. (R.W.)"-Training and Development ALERT

Author Bio

GERALD J. WILLIAMS is an Adjunct Assistant Professor of Philosophy at Seton Hall University, the College of New Rochelle, and Keene College of New Jersey. For nearly 33 years he managed various operations, staff, and training functions for the C&P Telephone Company of West Virginia, AT&T, and Bell Communications Research, Inc., from which he retired in 1989. He has published articles on business ethics in The Journal of the Eastern Academy of Management, The Training and Development Journal, and in Philosophers at Work, an introductory textbook in philosophy.