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What Are the Possible Alternatives Henry Chan Could Chalk out with Regards to All Ethical Crises

Autor:   •  March 22, 2015  •  Case Study  •  338 Words (2 Pages)  •  1,035 Views

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3. What are the possible alternatives Henry Chan could chalk out with regards to all ethical crises? (Discuss from utilitarian perspective, right perspective and justice perspective)

Henry could be impartial and prompt in dealing with any corrupt practices, in order to convey a clear message of 'zero tolerance' of corruption to his employees and create a culture where staff like Ms Wei are encouraged to speak up about corrupt activities, or simply when things go wrong, such as the issue of
the faulty tableware. As long as employees at all levels abide by the law and value integrity, illegitimate
acts and unethical behavior will not emerge.

Henry should take decisive measures to immediately stop malpractice by employees and report them to the appropriate law enforcement agencies. Then, he must adopt a new integrity-based management style with well-established systems and procedures, as well as strengthening corporate governance. He should also formulate an effective code of conduct for staff as building a corporate culture of integrity is essential to the future success of any company.

Henry Prevent employees from getting involved in any situations where conflict of interest could arise, and protect them from potential temptations of corruption and bribery. Where a conflict of interest is unavoidable, if circumstances permit, the employee concerned should not take part in the decision-making process, instead, his/her duties should be delegated to another employee and/or the process should be closely supervised by an independent person.

Henry can provide clear guidelines on employee expense reimbursement. These could include: setting
a maximum limit for each reimbursement of staff at different levels, requesting prior approval for reimbursement of entertainment expenses, verification of receipts by the claimant’s supervisor and settling of payments using a corporate credit card.

Henry can clear guidelines to employees on how to handle conflicts of interest, and should also consider asking the suppliers who take part in tendering exercises to declare any relationships with any of the company’s employees. This will serve as a cross-check on internal declarations, enable managers to gather more information, and help staff handle potential conflict of interest.

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