Submitted by: Submitted by pamulaparthy
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Category: Business and Industry
Date Submitted: 03/11/2012 09:06 PM
How an individual Reconciles Shared Values to Ethics in Global Setting
Pradeep Pamulaparthy
CMGT/530
Sep 12, 2011
Ed Naser
How an individual Reconciles Shared Values to Ethics in Global Setting
Introduction
A person should combine his personal, organizational and cultural values that he learned or developed in his life to be able to succeed in the global setting. Organizations and employees have struggled hard to find balance between personal, cultural and organizational values. Reconciling personal and cultural values compared to organizational values have long caused difficulties and to employees and employers especially in global setting. Analyzing potential conflicts between personal and organizational values allows for a better understanding of the types of reconciliation that can occur.
In today’s competitive world, organizations need to have firm ethical values and sticking to those values when making decisions will help those organizations to be successful in the global market. It also helps in building trust among employees. After the shocking financial scandals in the last two years, organizations have done little to secure employees trust.
• Ethics
Values or Ethics are important to any person or organization. Ethics can be defined as the choices which people make to distinguish between what is good and what is bad. Once ethics are established, they provide guidance throughout the life of a person or an organization. Merriam-Webster dictionary defines ethics as “the principals of conduct governing an individual or groups” (Merriam-Webster, 2011).
Ethics are not defined by any one individual, group or organization; they change from one individual to another and from one society to another society depending upon what people pursue as ethics. A survey released a few years ago showed that, “for the first time in a decade, Americans named ethics, or rather a decline in ethics as...