Respond to two or more of your colleagues in one or more of the follow

Respond to two or more of your colleagues in one or more of the
follow

Respond to two or more of your colleagues in one or more of the
following ways:
Share with a colleague an insight you have gained about the
importance of a manager being aware of the legal and ethical risks
that may occur in the work environment. Share whether you think
such awareness could have avoided the ethical dilemma posted by
your colleague. Share with a colleague some specific resources you
know of that can assist managers in the situation described in his
or her original post. Discuss how to access or utilize resources,
such as, human resources managers, legal/regulatory departments, or
outside assistance.
Ethan:
In a recently published article by Fortune Magazine, Maryam K.
explained how Wells Fargo acted unethically, specifically at the
management level, to create a number of fake bank accounts with
real customer money. When speaking about this specific scandal,
Kouchaki states Instead of a select few employees doing bad
things, the unethical behavior was widespread at the bank (pp. 1).
The managers at Wells Fargo elected to turn away from the unethical
behavior conducted by their employees, and ultimately took part in
the crimes. As a result of the behavior, more than 5,300 Wells
Fargo employees were fired. Banaji states Often, people have
difficulty recognizing when they may be compromising their own
personal ethics. This does not mean that they are unethical people,
per se. Unconscious prejudices and unintended biases can taint a
managers decisions, choices, and actions to the detriment of
employers, employees, partners, and clients (pp. 4). In this case,
it does not appear that management unintentionally let this happen,
which makes it much worse.
If I were a manager in this type of role, the first order of
business would be to weed out those that do not have the companies
best interested in mind, find out why and look to create a
solution. Bazerman states the vast majority of managers mean to
run ethical organizations, yet corporate corruption is widespread
(pp. 3). I would find a way to single out where the events started
from and look to other managers that were deemed to not be involved
to utilize their ethical behavior as an example to other potential
hires and current staff members. Bazerman states part of the
managerial challenge is that employees and organizations require
goals in order to excel (pp. 6). As manager I would implement some
sort of positive goal or incentive program for the employees who
work hard to get the organization back to a place of ethical
business practices. My one concern as the manager would be to make
sure the changes are felt company wide, and that all success would
be shared the same way. Banaji states In business, claiming too
much credit can destabilized alliances (pp. 6). The worst thing
you could do is damage the alliances remaining at the company. In
business you do develop closer relationships and friendships.
Unfortunately, there is the possibility that you would be faced
with an ethical dilemma interacting with a friend who is not
conducting themselves in the appropriate fashion. As a manger, I
would need to set all feelings aside and have a very honest
conversation as manager and employee, keeping the emotions out of
it. If it were a matter of breaking the law, there is no option for
me but to report my manager or my employee to an internal source or
external if need be.
References:
Banaji, M. R., Bazerman, M. H., Chugh, D. (2003). How unethical
are you? Harvard business review, 81(12), 56-64.
Retrieved from:
hbsp.harvard.edu/cmpb/pl/53437748/53439086/1d58d7b32410224ea361be108f0a6556
Bazerman, M., H., & Tenbrunsel, A., E. (2011). Ethical
Breakdowns. Harvard Business Review, 89(4), 58-65.
Retrieved from:
hbsp.harvard.edu/cmpb/pl/53437748/53438596/9b1c02422819ee41a0f6049d5ce0c500
Kouchaki, M. (2016). How Wells Fargos fake account scandal got
so bad. Fortune 1-4.
Retrieved From: http://fortune.com/2016/09/15/wells-fargo-scandal/