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Ethics: The Fabric of Business
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  1. Ethics: The Fabric of Business A DVD and Discussion Guide presented by the

  2. Video Overview • SHRM Foundation’s 4th DVD • Filmed at Lockheed Martin Headquarters • Featuring Wayne Cascio • Comprehensive Interviews • Officers, Managers, and Employees

  3. Introduction Ethical Violations Company Overview Lead by Example Walk the Talk Good Ethics is Good Business Role of HR Business Information Advice for CEOs Advice for Small Firms Issues and Solutions Performance Reviews Conclusion Five Important Lessons Video Synopsis

  4. Lockheed Martin Overview • Global Operations • 135,000 Employees • 5 Business Areas • Aeronautics • Space Systems • Electronic Systems • Information and Technology Services • Integrated Systems and Solutions

  5. Ethics at Lockheed Martin • Foundation • Corporate Vision and Values • Far Reaching • All levels of the Organization • Training • Awareness, Business Conduct, Code of Ethics • Accountability • Ethics HelpLine, Department, Committee

  6. 5 Important Lessons • Buy-in from top management • Delivery of consistent message • Repetition through internal communication • Annual training for everyone • Ethics component in performance reviews

  7. Why is management buy-in critical to building an ethical organization? • Consistency • Demonstration • Emulation

  8. How can organizational communication build an ethical foundation? • Management demonstration • Internal accountability controls • Communication mediums

  9. What are some important aspects of an effective Ethics Reporting System? • Familiarity and Accessibility • Security • Resolution

  10. What role does training play in fostering organizational ethics? • Increases awareness • Communicates expectations • Transfers skills and behaviors

  11. What are the benefits of linking performance to ethical standards? • Diagnosis • Accountability • Method

  12. How do ethical companies start down the road to becoming unethical? • Management • Culture • Employees

  13. What is HR’s contribution to the ethical framework of an organization? • Decision-making process • Policies and procedures • Positive work environment

  14. How does the culture of an organization impact its ethical behavior? • Defines values • Models integrity • Creates buy-in

  15. How does employee empowerment foster ethical decision-making? • Trust • Psychological contracts • Unbiased experts

  16. What are the ethical challenges in managing a global workforce? • Adaptation • Local Practices • Accountability

  17. HRCI Certifications • PHR • Operations/Technical Generalist • SPHR • Strategic/Policy Generalist • GPHR • International Generalist

  18. SHRM • Founded in 1948 • 200,000 members • Resources • SHRM website • HR Magazine • White papers • Research surveys • SHRM Information Center

  19. Presented by theSHRM Foundation • 501(c)(3) • Founded in 1966 • Educational initiatives • Books, videos, DVDs, and scholarships • Funding of HR research projects • >85% - published book, article, presentation