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Self Reflection

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In this self reflective paper, I would like to reflect on personal insights, areas of growth and lessons learned.
Going into this class I did not know what to expect, learning about how company’s operate and how can a business be profitable while treating employees, suppliers, customers, and the community on a hold the way they should be treated. The answer that comes to mind is providing ethical as well as moral framework, which starts with managers. Remember that a company’s leadership starts at the top and one of the criteria’s in being a good leader is strategic planning.
Strategic planning is a tool used by management to assist organization in doing a better job. The plan is used to develop the best way the organization will deal with environment circumstances, and ensure that the organization employees are working toward the same goals.
There’s a question of rather or not decision makers should be responsible only to shareholders and increasing profit, or do they have a broader responsibility to society beyond the maximizing of profits (Wheelen & Hunger, 2006, p.56). According to Milton Friedman , “there is one and only one social responsibility of business to use its resource and engage in activities designed to increase its profits so long as it stays within the rules of the game, which to say, engages in open and free competition without deception or fraud” (Wheelen & Hunger, 2006, p. 57).
It is however frustrating when addressing dilemmas which occur when ethical considerations appear to be tacked onto real business of organizational decision making-almost as an afterthought (The William Institute, 2006). I personally think the role of manager in promoting an ethical workplace is leading by example. Rules and policies alone do not make an ethical organization, but acting on the morals behind these rules and policies do. My personal insights are

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