2) Apply moral values of right and wrong to all aspects of business behaviour
3) Guides how both an organization as a whole and individual employees should conduct themselves
4) The application of business ethics goes beyond legal requirements – they determine whether and how an organization applies the value of respect for cultural diversity
– Involves disclosing company information in full, accurately and honestly, and in a timely manner
– Complying with the letter of the law as well as with the spirit of the law – businesses should respect and uphold the principles that form the basis of laws, as well as the laws themselves
3) Conflict identification
– Identify conflicts of interest and handle these appropriately. If a conflict of interest arises, a business needs to address the situation quickly and irrevocably
– Encourage accountability – an obligation to accept responsibility for one’s actions, no matter what those actions are
2) Is it simply a matter of compliance with regulations forbidding “wrong” behaviour?
3) What are the underlying values driving the situation? Is there a conflict between these values?
4) Are there alternatives to the dilemma that are equally justifiable?
5) Will the situation have significant consequences for stakeholders?
2) Cultivates teamwork and productivity
3) Supports personal growth and meaning in your work
4) Helps avoid lawsuits and fines
5) Promotes a positive leadership image for your team
6) Enables you to manage diversity better
3) Highly publicized ethical scandals
2) Nonmembers who
– Hold a PMI certification
– Commence a PMI certification process
– Serve PMI in a volunteer capacity
2) Any behavior transgressing the law can be regarded as transgressing a mandatory standard
2) They don’t specify exactly what is and isn’t allowed – they’re principles you should apply generally
2) Accept assignments consistent with your background, experience, qualifications or skills
3) Honestly disclose weaknesses in your experience, qualifications or skills
4) Fulfil commitments – do what you say you will do
5) Take ownership of errors or omissions and make corrections promptly
6) Protect confidential information that has been entrusted to you
7) Uphold the PMI Code and hold others accountable to it
2) Report unethical or illegal conduct to appropriate parties and, if necessary, to those affected by the misconduct
3) Ensure that any allegations of misconduct or illegal activity are substantiated – file only complaints that are supported by facts
4) Never take part or help someone else take part in illegal activities
2) Listen to and explore all perspectives in order to improve your understanding of other people’s needs and concerns
3) Approach others directly and honestly with any issues, conflicts or disagreements
4) Never undermine another’s reputation because this is both unethical and unprofessional
5) Conduct yourself professionally in all situations, both as a sign of respect to others and to earn their respect
6) Hold people accountable for behaving unprofessionally and maintain a standard within PMI community
2) Not using the power of your position or expertise to influence the decisions or actions of others for personal gain
3) Avoiding abusive manner toward others, this includes abuse that leads to physical harm or other emotional stress
4) Respecting the property rights of others, which, at the very least, means don’t take what doesn’t belong to you
2) Constantly reexamine impartially and objectively, taking corrective action where appropriate
3) Provide equal access to information to those authorized to have that information
4) Make opportunities equally available to qualified candidates
2) If there is a conflict of interest, withdraw from the decision making process until a full disclosure is made
3) Do not base actions on personal considerations
4) Refrain from discrimination
5) Apply the rules of the organization without favoritism or prejudice
2) Provide accurate and timely information
3) Keep your commitments and promises
4) Foster an environment where truth telling is encouraged
2) Don’t behave dishonestly for personal gain or at the expense of others
2) Including ethical dimensions in all procedures of decision making
3) Ensuring a transparent decision-making process
4) Defining a joint process and mutually agreeable criteria for ethical decision-making
5) Tap into cultural diversity and focus this resource on the promotion of interdependent working relationships and mutual trust
6) Be aware of cultural differences, differing regional policies and local applicable law and regulations
– Clarify what values are involved in the decision. Is it responsibility? Respect? Fairness? Honesty? Or some combination of these?
2) Identify stakeholders
– Determine who will be affected by the decision and which stakeholders need to be considered. These may include customers, your organization, the public, and the environment.
3) Determine which standards need to be followed
– Using the values you identified in step 1 to guide you, review the PMI® Code of Ethics and Professional Conduct for relevant aspirational and mandatory standards. Which ones need to be prioritized in this case? Why?
4) Consider decision options
– Draw up a list of the decision options available to you, and then analyze each option to find the course of action that best suits your sense of ethics and what is required and expected of you as a project manager.