Sustainable management futures Essay Example | Topics and Well Written Essays - 2250 words

Sustainable management futures - Essay Example iv) The employee involved in whistle blowing should have stumbled with credible documentary evidence that convinces observers of the correctness of the circumstance where the product brings grave harm to the public. iv) The whistle blower should have a valid reason in believing that by informing the public, the necessary corrective measures will effected. v) The situation involving death or serious body injuries should be treat as severe than non physical harm and that the whistle blower is ready to take responsibility. Loyalty and integrity: The role they play in whistle blowing Personal loyalty is steadfastness of an individual in asserting allegiance, perseverance and upholding faithfulness to others. Integrity on the other hand refers to consistency of truthfulness to ones value system and moral principles by showing this consistency in ones day to day life. Loyalty informs the power of mutual respect, being confidential and keeping promises. In some cases, loyalty can be misplac ed or blind so that it diminishes from being a virtue as harm and not good emanates. Loyalty puts the profit motive of a firm in collision with loyalty to values, beliefs and ethos. Whistle blowing is not a capricious issue as it can cause an end to organizations or a person’s existence. ... It comprises employee protection for disclosing some information including evidence of activities that are illegal or adverse to the environment.They also protects employees from employer retribution like dismissal and promotional blackmail. The victimised individuals can obtain a remedy in the courts for compensation. The prescribed persons are the registrar for data protection, executives for health and safety, environmental agency, certification officer, and trade and industry secretary of state. Is â€Å"Whistle blowing a negative or positive force within society?† Whistle blowing has been a useful force to the society since many employers have started to constitute internal processes of reporting emerging issues. There is a new desire by companies to solve problems internally before they become public. Employers would find it apprehensive when employees choose to use the Act and not the internal processes created. Though it does not force employers to come up with policie s regarding disclosures, many do not know the existence of such policies. Examining the extent the ethics of lying in business transactions Lying in most situations is indispensable. It is the only way to keep the business moving when the stocks and profits are crippling. Investors would hear none of the failures that is shouted truthfully. Robert Diamond the CEO of Barclays Group did not acknowledge the deception that the bank gave to the London Interbank Offered Rate which affected the transactions of a huge amount. They had misreported interest rates. Even the bonuses to be paid to employees were clawed back. Mr. Diamond was forced to resign. Lying is unethical and results in poor business practices as seen the case