Provide an example of a recent corporate scandal involving charges of ethical violations.

Ethical Strategies

At the beginning of the 21st century, numerous organizations were found to have made ethical violations, starting with the highly publicized Enron scandal in 2001 (Investopedia, 2017), shocking those who assumed that corporate leaders’ intentions are universally benevolent and that they operate in a way that is best for all stakeholders.
A consultant must assess the intention of leaders when called to assist. In the past three decades, many organizations have used outsourcing, downsizing, and job enlargement as a strategy to increase shareholder value (Chang, 2010). A consulting psychologist today must navigate this ethical minefield in deciding who to work with and which goals are ethical for all stakeholders. Describe how you will decide which clients to work with and ensure that their intentions are ethical. Include the following:

  1. Provide an example of a recent corporate scandal involving charges of ethical violations.
  2. Discuss your strategy for sorting clients and their intentions before offering your services.
  3. Describe what you would do if you discovered after hire that a leader’s intention was not what you thought.

Resources

Chang, H. J. (2010). 23 things they don’t tell you about capitalism. New York, NY: Bloomsbury Press.
Investopedia. (2017, Oct 23). The Enron scandal: The fall of a Wall Street darling [Blog post]. Retrieved from http://www.investopedia.com/updates/enron-scandal-summary/

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