hosted by dr. william j. frey 100 200 400 300 400 team work adem statement of values stakeholders...

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Hosted by Dr. William J. Frey

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Page 1: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

Hosted

by

Dr. William J. Frey

Page 2: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

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Page 3: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

Row 1, Col 1

a situation in which groups come to agreement at the

expense of critical thinking

What is Groupthink?

Page 4: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

1,2

Acknowledge the inherent dignity present in diverse constituents by recognizing and respecting

their fundamental rights

What is respect?

Page 5: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

1,3

An interest in—or a claim on—a business enterprise.

What is a stake?

Page 6: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

1,4

Information gained by analyzing customer, competitoreconomic, technological, social, political, legal, and geophysicalenvironments surrounding a

firm..

What is environmental intelligence?

Page 7: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

2,1

This phenomenon occurs when members exaggerate

non-agreement and convert it into disagreement

and opposition

What is Group Polarization?

Page 8: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

2,2

Recognize and fulfill obligations to constituents by caring for

their essential interests, honoring commitments and balancing

and integrating conflicting interests

What is responsibility?

Page 9: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

2,3

This theory sees the firm as the property of its owners.

What is the ownership theory of the firm?

Page 10: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

2,4

Identify issue, analyze issuegenerate options, take action

and evaluate results

What are the five steps or stages of issue management process?

Page 11: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

3,1

A group makes unnecessary compromises because of a

breakdown in group communication.

What is Going to Abilene?

Page 12: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

3,2

Be impartial, objective and refrain from discriminationor preferential treatment

in the administrationof rules and policies.

What is a justice / fairness?

Page 13: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

3,3

This theory argues thatcorporations serve a broad

public purpose: to create value for society.

What is the stakeholder theory of the firm?

Page 14: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

3,4

A corporation should act in a way that enhances society and

its inhabitants and be heldaccountable for any of its

actions that affect people, theircommunities and the environment.

What is corporate social responsibility or CSR?

Page 15: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

4,1

Designate one member a devil’s advocate who is

responsible for criticizing the group’s decision,

no matter what

How does one avoid groupthink and going to Abilene?

Page 16: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

4,2

Characterized by sincerity, honesty, authenticity, and the pursuit of excellence.

What is integrity?

Page 17: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

4,3

This term refers to individuals that own shares of a

company’s stock.

What is stockholder?

Page 18: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

4,4

The idea that the wealthiestmembers of society should

be charitable toward those lessfortunate.

What is the charity principle?

Page 19: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

5,1

Finding a higher order interest on which both parties agree,

and then constructing a solution that serves that agreed-upon

interest.

What is Bridging?

Page 20: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

5,2

Solidifies communities by creating an environment where each can expect

ethically justifiable behavior from all others.

What is a trust?

Page 21: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

5,3

People & groups who—although they do not engage in direct

economic exchange with the firm—are nonetheless

affected by or can affect its actions.

What are nonmarket stakeholders?

Page 22: Hosted by Dr. William J. Frey 100 200 400 300 400 Team Work ADEM Statement of Values Stakeholders Public Issues and CSR 300 200 400 200 100 500 100

5,4

Corporate managers have an obligation to see that

everyone—particularly those in need or at risk—benefits from their firms’ actions

What is the stewardship principle?