Lesson plan for FND2610

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Lesson plan for FND2610Polartec case day

1. Case discussion business decisions and ethical
   issues elucidated
2. A framework for ethical decision-making
3. Group activity
4. Sixty Minutes video clip

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A framework for ethical decision-making

• Identify business decisions, underlying ethical
  issues, and stakeholders affected
• Brainstorm alternatives
• Evaluate alternatives from different ethical
  perspectives (e.g. universal rule, utilitarian
  approach, etc.)
• Evaluate in light of producing the most business
  value
• Propose solution and reflect

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Applying the framework a template
Business decision/issue identified (phrased as a question) ___________________________
Underlying ethical issues identified (phrased as questions) 1.__________________________ 2.__________________________ 3.__________________________
Stakeholder groups identified ________________________ ________________________ ________________________ ________________________
Brainstorm alternative solutions 1.__________________________ 2.__________________________ 3.__________________________
(go to next page) (go to next page)
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Template page 2For each ethical issue
identified, complete one impact table
Cells to record impacts of solutions on stakeholders Cells to record impacts of solutions on stakeholders Cells to record impacts of solutions on stakeholders Stakeholder groups identified Stakeholder groups identified Stakeholder groups identified Stakeholder groups identified
Ethical Issue identified __________________ Ethical Issue identified __________________ a) a) b) c) d)
Solutions proposed 1.
Solutions proposed 2.
Solutions proposed 3.
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Template page 3Evaluate solutions using
different ethical frameworks
Framework considered best alternative solution identified
1. Universal rule e.g. golden rule, or Kants categorical imperative
2. Utilitarian approach e.g. cost/benefit, or Pareto-optimization (i.e. there is no other solution that could make everyone either the same or better off and no one worse off).
3. other
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Template page 4
Other considerations identified (e.g. legal requirements, prohibitions) ___________________ ___________________
Identify alternative solution that maximizes business value (e.g. maximize NPV, supports strategy, mission) ___________________
Decide on your proposed solution ___________________
Comments on your proposed solution?