MGT7019-8, ETHICS, WEEK 3
MGT7019-8, ETHICS, WEEK 3 MGT7019-8
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This 9 page Class Notes was uploaded by JC11 on Saturday April 9, 2016. The Class Notes belongs to MGT7019-8 at Northcentral University taught by in Spring 2016. Since its upload, it has received 40 views. For similar materials see ETHICS in General at Northcentral University.
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Date Created: 04/09/16
NORTHCENTRAL UNIVERSITY ASSIGNMENT COVER SHEET Student: THIS FORM MUST BE COMPLETELY FILLED IN Follow these procedures: If requested by your instructor, please include an assignment cover sheet. This will become the first page of your assignment. In addition, your assignment header should include your last name, first initial, course code, dash, and assignment number. This should be left justified, with the page number right justified. For example: Save a copy of your assignments: You may need to resubmit an assignment at your instructor’s request. Make sure you save your files in accessible location. Academic integrity: All work submitted in each course must be your own original work. This includes all assignments, exams, term papers, and other projects required by your instructor. Knowingly submitting another person’s work as your own, without properly citing the source of the work, is considered plagiarism. This will result in an unsatisfactory grade for the work submitted or for the entire course. It may also result in academic dismissal from the University. MGT701983 Thomas Schaefer, DBA Ethics Assignment 3 Faculty Use Only Thank you for the opportunity to review your assignment. This week you were asked to prepare a paper in which you evaluate the Tyco International case study provided in Kaplan (2009) and Stephen et al. (2012). You needed to address the following in your paper: •Briefly summarize the historical scenario surrounding Tyco International. •How do you think the spending and the loans were able to go on for so long? •Evaluate the outcome of events. •Was the punishment justified? Why or why not? •Is it difficult for us to see ethical breaches that we ourselves commit? Support your paper with a minimum of five (5) scholarly resources in 2 addition to required resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included. Length: 57 pages not including title and reference pages. Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University's Academic Integrity Policy. It is important for us as business leaders to review what others have done in the past, and to reflect on what could and should have been done differently. This allows us to learn from the mistakes from the past, and may help prevent them occurring in the future. You shared some good information in your paper, but you did have some minor format issues with your internal citations. Incorrectly formatted citation. Note that the citation format does change based on placement and use. For more help click here: http://owl.english.purdue.edu/owl/resource/560/02/. In future assignments, I encourage you to continue to use the writing prompts as headings in your paper. Keep up the good work. If I can be of any assistance, or if you would like to discuss my comments, please let me know. Dr. Tom 3 Introduction The purpose of this week’s paper is to review and evaluate the Tyco international case study and provide a discussion on a variety of factors. The following items will be discussed here within: 1) Summarizing the historical scenario surrounding Tyco International, 2) How do you think the spending and the loans were able to go on for so long? 3) Evaluate the outcome of events, 4) Was the punishment justified? Why or why not? and 5) Is it difficult for us to see ethical breaches that we ourselves commit? In addition to the above discussion items, I will take a moment to identify ethical values and gives forethought to my own ethical processes. Historical scenario surrounding Tyco International The scenario surrounding Tyco International stemmed from the CEO, Dennis Kozlowski. The historical scenario states that Kozlowski took the company from 1.5billiondollar toy company to a 100billiondollar company Kaplan (200 9). He became a star CEO and was widely known for how well he could run a corporation. The problem then began as he decided that he should be entitled to reap the benefits from his hard work by issuing himself various gifts from the company inclusive of money, art, and a yacht. While he made sure that what he was gifting himself with these items he ensured they were listed on the books almost making the transactions seem reasonable and appropriate. He had altered his sense of reality to work a bit outside of the ethical range. At some point, after acquiring onehalf of a billion dollars, the District Attorney (DA) began looking into Kozlowsi’s tax documentation. Upon investigation he DA initially found almost a million dollars of unpaid sales tax. The DA then pushed to open the investigation to other areas in Kozlowsi’s life even further. As the investigation continued, the DA was able to 4 show and prove that Kozlowsi was embezzling funds from his company. This type of crime is considered a felony that holds up to a 25year sentence. How do you think the spending and the loans were able to go on for so long? In these types of scenarios there are a number of factors that can play into the reasoning of how it could go on for so long. From what I’ve seen in my lifetime, it starts as one single incident of a small loan or a gift and begins to progress from there. The person receiving the benefit is most likely in a powerful position and those in subordinate roles are taught to do as the boss says. The person in power could later threaten the subordinate if they were to cause a problem. Take for instance an abused woman. If she would begin dating an individual and he went all in abuse on the first date, she would drop him like a hot cake. This is rarely ever the case. Abuse in most forms are progressive and gets more and more intense with time. This places fear into the weaker person making it impossible for the individual to fight back or even leave. In this case, I am sure the subordinates were in fear of losing their jobs or worse. As I have worked for five years in the Middle East, I have seen the power that people in these positions hold and have heard of the associated death threats when the powerful were threatened. Stephens, Vance, and Pettegrew (2012) discuss Kohlbeg’s six stages of moral reasoning as to why people actually make an attempt at a moral and ethical lifestyle. If one of the items below are met, there is a strong chance that the individual will make the ethical choice. These items are as follows: “1) Stage one: being ethical for fear of being caught or punished, 2) Stage two: being ethical out of concern for one’s selfinterest, 3) Stage three: being ethical because of peer pressure to do so 4) Stage four: being ethical because it’s the rule, regulation, law, or standard 5) 5 Stage five: being ethical out of concern for the good of others, because of a sense of social responsibility, and 6) Stage six: being ethical out of a concern for the moral principle involved and knowing that it’s simply the right thing to do .” (Stevens et al, 201 2) Evaluate the outcome of events In this case, Mr. Kozlowsi was sentenced and ended up serving six and a half years of his sentence Kaplan (200 9). According to Kaplan (2015) and the New York Times, Mr. Kozlowski also had to pay $167 million in restitution and fines. He is now out and living a more moderate life with his new wife and is happier than he’s ever been. He found an appreciation and a gratitude for life in his time away. Was the punishment justified? Why or why not? No, in no way was this punishment justified. A maximum sentence of 25 years in prison for a crime of this nature is absurd. Our criminal justice system is so out of whack and those yielding the power are as guilty or guiltier than the criminal. The abuses of power extend far and wide and while Mr. Kozlowski did take something that wasn’t his, he was not a murderer. We as a society place far too much emphasis on money and it seems that when an actual life is at stake it is valued much less. Our legal system has the ability to sentence those who knew about the crime, under the title “conspiracy” and give the one who knew abut it considerably more time than the person that actually did the crime. In this particular case, the individual was made to go to prison and was only sentenced $167 million of his worth. If they truly want to see equity, they should have hit him in the pocketbook hard enough that he would have to start his life over. This would have been a humbling experience for him, as the 6 ½ years in prison did. He certainly did not deserve to lose that much time in his life for a monetary crime, especially when those 6 committing heinous crimes are still on the streets. We as a nation seriously need to get our priorities straight. Is it difficult for us to see ethical breaches that we ourselves commit? Yes, I believe it is difficult to see all ethical breaches that we ourselves commit. We as humans have a tendency to justify our actions. If we can find a way to place reason on a certain decision, it validates our actions. It may be something simple, or in the case of Kozlowsi, he may very well have felt that he earned what he was receiving. He was responsible for a huge success within the company and felt justified in taking what he believed was his. We do this often within our own lives. How many of us would take the time to turn around and go back into the store if we recognized we received too much change? The justifications of why we would not turn around are endless. After many years of working within the government and the business environment, I realized the level of corruption and lack of ethical decision making increased the further up in government I went. From how promotions were conducted to who had to deploy to war zones, to which people were selected for an award. There was almost always a level of decision making that fell far beyond the ethical scope. These are truly just the small items on the list. One major point to identify is the fact that humans, while people want to find others “inherently good”, people are human and are tuned to survival. People will under most circumstances protect the ones they love or push for their own agenda whether it is fully ethical or not. This concept begs the question of whether or not teaching ethics and professional ethic in school actually makes a difference. Borstner and Gartner (2014) address this question and find that it does have an impact on society. They discuss that by bringing topics to light, discussing 7 and understanding the ethical issue at hand, a person can be taught to become more ethical. I am in agreement with the concept that teaching ethics does have an impact. I believe it will take a person more time to make a poor choice with the education at hand, although I do not believe that teaching will ever take over the human factor. Ethics are in the eyes of the beholder and are taught as such. Determining what is right is based upon someone’s answer of what thy believe to be right. This definition may or may not be true for everyone. I believe all we can truly hope for at this point is that people have a foundation of ethical concepts and evaluate the big picture and identify the best possible outcome. Martinez (2014) wrote an article that talks to the points I’ve discussed above. Her article discusses ethics and loyalty and how thy may play into one another. This article refers to serving as an assistant principal in a school where her cousin’s son was enrolled and was causing issues. She was asked to handle the situation and while she wanted to do her job, it was difficult to go against the family. She found herself making an exception for the boy to protect him from embarrassment. Later a second issue with her cousin’s husband and she was once again asked to take sides. The difficulty of making a decision between family and ethics. One would have to consider if she would have made the same decision if it was a direct relative, a sister perhaps. The conflict of interest here is great and I would certainly have to recommend removing the family member from the decision making process to remove bias. Conclusion In conclusion, purpose of this week’s paper was to review and evaluate the Tyco international case study and provide a discussion on a variety of factors. The following items were discussed here within: 1) Summarizing the historical scenario surrounding Tyco 8 International, 2) How do you think the spending and the loans were able to go on for so long? 3) Evaluate the outcome of events, 4) Was the punishment justified? Why or why not? and 5) Is it difficult for us to see ethical breaches that we ourselves commit? In addition to the above discussion items, I will take a moment to identify ethical values and gives forethought to my own ethical processes. 9 References Borstner, B., & Gartner, S. (2014). Teaching ethics and critical thinking in contemporary schools. Problems of Education in The 21St Century, 61917 Friedman, M. (1970). The social responsibility of business to increase its profits. The New York Times Magazine. Retrieved from http://www.colorado.edu/studentgroups/libertarians/ issues/friedmansocrespbusiness.html Kaplan, D. A. (2009). Koz makes his case. Fortune, 160(11), 1416 Kaplan, D., (2015). Tyco’s ‘Piggy,’ Out of Prison and Living Small. Retrieved from: http://www.nytimes.com/2015/03/02/business/dealbook/denniskozlowskispathfrom infamytoobscurity.html?_r=0 Martinez, M. A. (2014). Questions of Ethics and Loyalty: An assistant principal's tale. Journal of Cases in Educational Leadership, 17(4), 6677 Stephens, W., Vance, C. A., & Pettegrew, L. S. (2012). Embracing ethics and morality. CPA Journal, 82(1), 1621
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