business ethics & golf 97 % of executives believe golf is a good way to establish business...

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Business Ethics & Golf 97 % of executives believe golf is a good way to establish business relationships 87% bet money on golf (especially 55+) 82% of Executives admit to cheating on the golf course 87% have played with a someone who cheated 86% admit to cheating in business 82% say they hate people who cheat when they play golf 59% of executives believe how a person plays golf is similar to how they conduct business – 73%: shows a person’s “true” character 67%: person cheating in golf would cheat in business 57%: hot head on course would have temper in office 10% of men, 19% women, feign sick to play golf 11% would rather hit hole-in-one than see son hit a home-run From: Starwood Hotels’ Study: www.hotelonline.com/News/PR2002_2nd/June02_HOTGolf.html

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Page 1: Business Ethics & Golf 97 % of executives believe golf is a good way to establish business relationships 87% bet money on golf (especially 55+) 82% of

Business Ethics & Golf• 97 % of executives believe golf is a good way to

establish business relationships• 87% bet money on golf (especially 55+)• 82% of Executives admit to cheating on the golf course

– 87% have played with a someone who cheated– 86% admit to cheating in business– 82% say they hate people who cheat when they play golf

• 59% of executives believe how a person plays golf is similar to how they conduct business– 73%: shows a person’s “true” character– 67%: person cheating in golf would cheat in business– 57%: hot head on course would have temper in office– 10% of men, 19% women, feign sick to play golf

• 11% would rather hit hole-in-one than see son hit a home-run

From: Starwood Hotels’ Study: www.hotelonline.com/News/PR2002_2nd/June02_HOTGolf.html

Page 2: Business Ethics & Golf 97 % of executives believe golf is a good way to establish business relationships 87% bet money on golf (especially 55+) 82% of

Reasons Business People Act Unethically

• Desired outcome• Self-serving• Image (look better)• Flawed / different ethical

framework.• Justifying / rationalizing• Lack of consequences• Peer expectations / culture• Help others• Direction from superior• Unclear (awareness) ethics

• Survival• Rebellion• Harm others / revenge /

pleasure• Competitiveness

Page 3: Business Ethics & Golf 97 % of executives believe golf is a good way to establish business relationships 87% bet money on golf (especially 55+) 82% of

6 Reasons Business People Act Unethically

1. Rationalization

2. Bad role models in the organization

3. Peer pressure

4. Difficulty in defining what is ethical

5. Corporate culture

6. Pressure from Superiors

From: “What is Ethical: Politics, Circumstances, Excuses Can Blur What is Right” by Michael S. Jones, ABC News.com, Feb. 21, 2002

Page 4: Business Ethics & Golf 97 % of executives believe golf is a good way to establish business relationships 87% bet money on golf (especially 55+) 82% of

Plasma International.• Utility

– Cost / benefit – $.90 is high payment context

• Rights– PI right to make a profit– Patients right to

uncontaminated blood– Know all costs– Protect company information

• Care– Paying Africans

• Justice– No regulation on price of

blood– Same price for all?