Business decisions are rarely black and white. Take that new data analysis tool, offering unprecedented understanding of your customers. What’s the cost to their privacy and peace of mind? Or that building proposal that promises huge profits; how much is it going to harm the local environment and wildlife?
Managers and leaders face ethical dilemmas all the time, and it’s important to handle them sensitively. Acting in a way that’s deemed to be morally means includes aspects such as leading with integrity, championing inclusivity and committing to sustainability, according to CMI’s Professional Standard.
But ethical quandaries are rarely solved by following regulations or guidelines, they can involve tough choices for managers, who have to weigh up all the potential consequences for the organisation and its stakeholders – and judge them against their own moral compass.
The good news is that every such choice is a chance to show your commitment to doing the right thing, even when it’s difficult.
We spoke to three managers about ethical dilemmas they’ve faced in the workplace. They shared how, by being bold, open and systematic in their approach, they helped their organisations steer the right course.
