Ethics in production and operations management. Responsibly Managing Our Operations 2022-11-16
Ethics in production and operations management
Ethics in production and operations management refers to the principles and values that guide decision-making and actions in the production and operations function of an organization. This function is responsible for the design, planning, and control of the processes that produce goods and services, and it plays a critical role in ensuring that an organization operates efficiently and effectively. As such, it is essential that those working in production and operations management adhere to high ethical standards in order to ensure that the organization's actions align with its values and goals.
One key ethical consideration in production and operations management is the impact of an organization's actions on stakeholders. Stakeholders include customers, employees, suppliers, shareholders, and the community at large. An ethical organization will consider the needs and interests of all stakeholders and strive to balance them in a fair and responsible manner. This can include ensuring that products are produced safely and sustainably, that employees are treated fairly and with respect, and that suppliers are paid on time and are provided with the resources they need to fulfill their orders.
Another important ethical consideration in production and operations management is the use of resources. Ethical organizations will aim to use resources efficiently and effectively, minimizing waste and maximizing value. This can involve adopting lean manufacturing techniques, implementing recycling and waste reduction programs, and investing in energy-efficient technologies. Ethical organizations will also ensure that they are complying with relevant laws and regulations regarding resource use, including environmental regulations and labor laws.
In addition to considering the impact on stakeholders and the use of resources, ethical organizations will also prioritize transparency and honesty in their operations. This includes being open and honest about their business practices, including their supply chain and the sourcing of materials, and being willing to listen to and address concerns raised by stakeholders. It also involves being transparent about the organization's performance and any challenges it may be facing, and being willing to take responsibility for any mistakes or shortcomings.
Finally, ethical organizations will strive to be responsive to the changing needs and expectations of stakeholders. This can involve regularly soliciting feedback from customers and employees, and adapting processes and practices to meet changing demand or expectations. It can also involve being open to new ideas and ways of doing things, and being willing to take calculated risks in order to innovate and improve operations.
In conclusion, ethics in production and operations management is an essential aspect of running a responsible and sustainable organization. By considering the needs and interests of all stakeholders, using resources efficiently and effectively, prioritizing transparency and honesty, and being responsive to change, organizations can ensure that their operations align with their values and goals, and contribute to the well-being of their employees, customers, and the broader community.
Production and Operation Management Syllabus in MBA (UTU Dehradun)
Giving justifications to certain ethical conclusion is essential to ethics. Charles Street Baltimore, MD, USA Deputy Editor Professor Subodha Kumar Fox School of Business Temple University Philadelphia, PA 19122, USA. Employees often do unethical actions or misconducts due to their lack of trust over their company leaders and the situation is even worsened by the poverty and weak economy. A company cannot establish its definite ethical standards since cultures in other nations may be conflicting. Ethical and Sustainable Supply Chain Management in a Global Context uses cases, qualitative studies, empirical results, and analyses of legal frameworks to focus on ethics and sustainability as they relate to the management of global supply chains. One area of operations which is faced with an increased vulnerability of engaging to unethical behavior is the procurement since the employee assigned in this process handles a significant amount of company resources Carter, 2000. Its significance shall be seen in a way that it examines the ethical trends and changes that occur in the business sector from the traditional era to the modern era.
Ethics in Production Operations Management Prof Seema Menon
The power and control they once had over judging and handling ethical issues has faded and now there is a democratization of moral authority. This cost efficiency is sometimes achieved at the cost of quality. The news also made a comparison by analysts with a recall of batteries by Sony Corp in 2006, which estimated to cost the company around 51 billion yen Rs. The goal of philosophical ethics is to deal with ethical issues without regarding to any religious views. A government affidavit in 2006 stated the leak caused 558, 125 injuries including 38, 478 temporary partial and approximately 3, 900 severely and permanently disabling injuries. Furthermore, it is not enough that operations strategy be comprehensive, it must also be coherent.
Ethics In Production And Operations Management PDF
The lithium-ion extended-life battery packs, jointly designed by Lenovo and Sanyo and tested by Lenovo alone, might overheat and spark if it is dropped hard on to the ground, said by the two companies. Setting a standard in case of dissimilar technologies is often very difficult. With this trend, corporate entities are required to establish their own self-regulation policies especially that the government has recognized the fact that fully controlling the business sector is not always an efficient way of influencing corporate behavior. In the past, moral authority often rests among a few groups in the society including the Church, the government, and the theorists. The controversy began when a newspaper article was published saying that Mc Donalds used beef products in their French fries. Featuring research on topics such as production planning, consumer awareness, and labor laws, this book is ideally designed for managers, policymakers, professionals, researchers, and students working in the field of sustainable development and related disciplines including marketing, economics, finance, operations management, supply chain management, environmental science, and waste management.
The second theory, on the other hand, states that the leader should possess the character of devotion to change the ethical views of the followers. This means that referring to an act as either a rightful act or a wrongful act is equivalent to judging or evaluating it. In 1994, the Supreme Court of India allowed UCC to sell its 50. Corporations and businesses have developed a lot of systems and codes of conduct to incorporate ethical issues into their decision making process. This book has all the updated information about Ethics In Production And Operations Management , and you will be satisfied reading all about Ethics In Production And Operations Management. At present, the opinions of the mentioned authorities are now considered as a regular opinion which can be aligned with the opinions of a regular entity. In certain products the danger is greater i.
They may use similar or dissimilar technologies for the same. The importance of ethics in managing business operations is stressed out in the article. To counter this, companies have to spend considerable amount of money and time, to prevent such thefts. Customers were becoming extremely health conscious and they wanted to avoid red meat and fried foods. Finally, service is an operations activity which involves changing of the condition of the customers.
Ethical Issues faced in operations management
Production and Operation Management, in short, POM is an important subject in management study and courses like PGDM, MBA, B. The financial position of the company started depriving. In may 2001 a lawsuit was filed against Mc Donalds in Seattle. UCC was purchased by Dow Chemical Company in 2001. Ethics in production is a subset of business ethic that is meant to ensure that the production function or activities are not damaging to the consumer or the society. Vee and Skitmore 2003 listed three things that contitute ethics as follows: 1 ethics refers to a system of moral principles which serves as a basis for judging actions as right or wrong; 2 ethics refers to the rules of conduct which illustrates a particular accetable group of human actions; and 3 ethics refers to moral principles of an individual.
Responsibly Managing Our Operations
It reflects the cultural awareness of an individual during the process of decision making. This again puts pressure on the business sector to manage their ethical affairs seriously since everyone seem to have the authority to criticize their business practices are compliance to ethical standards. Some of these include the changing social role of corporate entities, globalization, developments in technology, and moral authority democratization. Individual differ in ethical decision-making. Social perceptions also create an impasse sometimes. From period to period, operations strategy may be modified but one important thing is noted, it should be consistent through time.
Ethical Issues In Operations Management Commerce Essay
Complexity occurs when operations in home market differ from the operations done in foreign markets. An operations strategy is also required to be comprehensive where all aspect of operations is tackled. Home users are the biggest markets for RTI. The official immediate death toll was 2, 259 and the government of Madhya Pradesh has confirmed a total of 3, 787 deaths related to the gas release. UCIL was the Indian subsidiary of Union Carbide Corporation UCC. Actually, having to follow the standards is an easy task. Reputation loss Cost the company around 51 billion yen Rs.