Corporate Decision Making Essay by premium papers

This paper explains that managers who are responsible for decision making in corporate strategy planning have a significant burden placed on their shoulders because not only their decisions need to be substantive, timely and acceptable by those whom the decision will affect but also the decisions must have an element of ethical appropriateness. The author points out that, in order for employers and managers to evaluate the moral implications of an issue, it is first important that they be able to recognize that the issue does involve a moral aspect. The paper relates that managers and corporate executives involved in leading major change efforts within an organization, which must be kept confidential for certain period, may experience significant ethical dilemmas in their interactions with other managers, employees and consultants both inside and outside the organization.