Foxconn Ethical Analysis Essay - 813 Words

Foxconn Ethical Analysis: In order to run a profitable business, maximize shareholder value, and incorporate an ethical framework, management style is very important. Management includes using a firms resources in order to conduct various tactics to achieve the firms overall strategy. Each tactic carried out within a firm needs to have a ethics framework enforced through management to provide the stakeholders with an effective business developed through conscious and sincere decision making. An ethical management style is one that incorporates community building, respect for one another and instilling the firm’s values into the employees in order to empower them. Unfortunately at Foxconn, this isn’t always practiced by the†¦show more content†¦When this theory follows, results can tend to be disastrous. The workers at Foxconn are honest individuals trying to generate income for their families, although the management team continues to monitor them closely and harass them as if they are being forced to work well. This type of management is destructive to their productivity and also the workers themselves. The pressure and harassment is a major reason for the suicides committed at Foxconn, the management techniques and communication styles play a huge role in the cause of depression, without it those who took their life at Foxconn would still be with their families today. One of methods to connect values and ethics with leadership is through the Amoral leadership theory. Under this theory, leaders are viewed as being capable based on the efficiency in their outcomes, ethics plays no role is determining how effective the leader is.[iii] At Foxconn, the management team can be categorized as being Amoral leaders. They are able to continuously produce high profits accompanied with great production efficiency, thus classifying them as great leaders under the Amoral leadership theory. Although this theory doesn’t see a need to apply ethics and value-based decisions to the leadership process, it would be beneficial for not only the individuals who are working but the overall company. As foxconn, the leaders are classified as being effective, although in reality they are lacking the necessary skills inShow MoreRelated2 BE2601 S08 NgSuYingOlivia Ethical Assignment1719 Words   |  7 Pagesglobal forefront. Businesses are challenged to act beyond their economic well-being, with the ethicality and sustainability of a firm determined largely based on its ability to meet the â€Å"Triple P bottom line† of People, Planet and Profit10. In 2012, Foxconn Technology Group, a supplier to electronics giants Apple, Microsoft, Sony and Amazon.com16 came under public scrutiny for multiple unethical issues. 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