what does it mean to you to be ethical and have integrity? sdn

Upstanding Dilemma

Ethics are the moral standards and principles by which entities (individuals and organizations) govern their behaviors and decision-making. When these standards and principles conflict with each other in a controlling situation, an upstanding dilemma may occur.

What is an Ethical Dilemma?

An ethical dilemma takes identify in a controlling context where whatsoever of the available options requires the agent to violate or compromise on their upstanding standards.

We detect that ethical dilemmas can be characterized past the following three elements:

1. The amanuensis must be faced with a choice or the need to brand a decision.
2. The agent must have more than one course of action available.
3. The agent recognizes that all available courses of action crave them to compromise on some personally held ethical standard or value.

Ethical standards are the moral frameworks that individuals and organizations use to guide their conclusion-making and differentiate between right and wrong. Companies and professional organizations may adopt their ain ethical standards and require that employees/members adopt those standards as office of their personal business concern ethics.

Common upstanding practices in the workplace include:

• Telling the truth
• Taking responsibility for one's actions
• Following company policies
• Fulfilling professional obligations
• Following through on commitments
• Following the law
• Interim in the best interests of shareholders
• Acting in the all-time interests of customers
• Acting in ane'southward own all-time interests
• Treating others as
• Conducting sustainable business practices
• Maximizing profits
• Avoiding layoffs

Ethical dilemmas happen because ideals are inherently contradictory. Employees may face situations where compromising on telling the truth or post-obit the law seems to serve other valued goals, such as maximizing profits or avoiding layoffs.

Types of Ethical Dilemma

There are several different types of ethical dilemmas that agents may encounter in the form of performing their roles and responsibilities:

1. Epistemic dilemmas take identify in a decision-making context where moral standards conflict and the agent cannot readily determine which ethical principle should accept precedence over the other.
2. A cocky-imposed dilemma is one created past the agent'due south ain errors in judgment, such every bit making competing promises to multiple organizations that cannot be fulfilled simultaneously. In contrast, a world-imposed dilemma is acquired by circumstances outside the agent's control.
3. An obligation dilemma is one where an agent has multiple options and more than than i of them is obligatory, while a prohibition dilemma occurs when all bachelor options are prohibited.

What is an Instance of an Upstanding Dilemma?

Ethical dilemmas occur regularly in the concern environment where employees make decisions that impact the success and profitability of organizations.

Employees may experience an upstanding dilemma when deciding whether to report an incident of workplace harassment or declare a conflict of involvement. In the get-go case, the employee might sympathise that the harassment is wrong, merely experience guilty about getting their colleague in trouble. In the latter case, the employee might recognize their fiduciary duty to the arrangement, just feel a sense of loyalty to their family and friends that makes information technology difficult to do the right thing.

How Practice You Identify an Ethical Dilemma?

Experts concord that identifying an ethical dilemma starts with recognizing your gut reaction to a problematic state of affairs. If a decision seems to challenge your moral compass, it's time to accept a step back and investigate further.

You might proceed by writing downward:

1. The conclusion you need to make.
2. The diverse options or courses of activeness bachelor.
3. The upstanding pros and cons of each available activity.

How Practise You Resolve an Ethical Dilemma?

An upstanding dilemma does non always offer a clear solution that conforms with upstanding norms. Here's how entities can cope with the most challenging ethical dilemmas:

1. Talk it Out – The all-time way to determine whether a dilemma exists is to discuss it with other people. A collective analysis of the state of affairs can shed lite on whether a dilemma really exists and the moral implications of each available selection. This might involve reporting the incident to your company's hotline so that you may talk over the situation with the compliance squad and get proper guidance.
2. Understand Duties & Obligations – A slap-up way to approach whatsoever ethical dilemmas is from the standpoint of understanding the agent's duties in the situation. In a business context, a fiduciary duty to the organizations legally obligates the agent to deed in the all-time interests of shareholders. Contractual obligations tin can also play a role in determining how to resolve an ethical dilemma.

Maximize the Practiced & Minimize the Bad – When a problem has no perfect solution, the best approach is to analyze the outcomes of each potential action and choose the action with the greatest positive touch on and least negative impact.

Proceed Learning

• Best Practices

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Source: https://www.ganintegrity.com/compliance-glossary/ethical-dilemma/

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