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CHALLENGES TO ETHICAL CONDUCT - Coggle Diagram
CHALLENGES TO ETHICAL CONDUCT
. Failure to acknowledge, understand, or consider challenges
poor decision making
people believe their ethical standards are higher than average
overconfidence
we are more likely to overestimate the morality of our own behavior
fail to recognize and/or significantly underestimate the effect of situational influences
Situational influences
external factor
include money and prestige
environmental or cultural elements
to act in their own short-term self-interests
is loyalty
Loyalty can tempt individuals to make compromises and take actions that they would reject
extremely powerful situational influence. Our colleagues can influence our thinking and behavior in both positive and negative ways
long-term considerations often have less immediate consequences than short-term situational influences
, we tend to ignore and/or minimize the longer-term risks and/or costs and consequences to ourselves and others
strong compliance programs
focus on adherence to rules may not be sufficient
to consider the larger picture and can oversimplify decision making
firm focused primarily on compliance, employees may adopt a “check the box” rather than an ethical decision-making approach
Professionals:
responsible
to adhere high moral standards