Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.4 Discuss the impact of organisational values and ethics on management decision making Values: At Danone the four values that shape the culture of the

1.4 Discuss the impact of organisational values and ethics on management decision making

Values:

At Danone the four values that shape the culture of the company form the acronym "HOPE": Humanism, Openness, Proximity and enthusiasm.

  • Humanism:

Humanism means that the human part is always central in the thinking. Every action or decision must take into account the humans that are possibly affected.

  • Openness:

Openness means being open toward people about information and involves open communication. Every decision needs to be openly communicated across the company.

  • Proximity:

Proximity means being close and connected to people. Decisions need to be made as close as possible to the people. The direct team leader has a very important role to play.

  • Enthusiasm:

Showing enthusiasm but also being able to spark enthusiasm within people is an important value. Decisions must be able to enthusiasm the people that are affected by the decision.

Impact on management decision making? For example:

  • Takes longer
  • Internal policy about equality
  • Ethical stand on environment
  • Policy on carbon emissions
  • No child labour

Ethics:

Also, the "One planet, One health" slogan stands for environmental ethics, health ethics and food chain ethics

  • Environmental ethics: Always taking the natural resources of the planet into consideration when making decisions. This means not going for the fastest or cheapest solution on the short term, but for a durable solution on the long term.
  • Health ethics:
  • Food chain ethics:

Impact on management decision making? For example:

  • Takes longer
  • Internal policy about equality
  • Ethical stand on environment
  • Policy on carbon emissions
  • No child labour

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Information Technology Project Management

Authors: Kathy Schwalbe

6th Edition

978-111122175, 1133172393, 9780324786927, 1111221758, 9781133172390, 324786921, 978-1133153726

More Books

Students also viewed these General Management questions