Today's business world is becoming increasingly unstable and competitive. The current economic situation reinforces this design. Many companies are struggling to emerge from the three year long crisis that the economy is facing. The strategies adopted had to take into account the difficulties being encountered to allow firms to stay operational and not suffer the adverse effects caused by this global crisis.
In this scenario, the business leaders will need to regroup under the designation of "manager" to ensure the survival of their business. The right strategy involves making the best decision possible in order to successfully tide over the difficulties facing the organization.
[...] The courage of the manager is seen in his strength to stand by his principles. Instead of looking for excuses to justify his divergence, he needs to have the courage to act in accordance with his ethics. This gives rise to a new concept called "the manager morale." Morality is above ethics. Morality precedes the essence of every ethical decision; it is the only factor that can preserve the dignity of the worker. It is for the manager to choose to accept the decision. [...]
[...] The manager needs to look beyond the short term benefits of reducing the work-force, and focus on the numbers necessary to revive the business. The logic of enhancing income by removing workers may benefit an organization in the short term, but prove to be counter-productive in the long run. The long-term recovery of production necessarily requires more manpower and this will eventually lead to the manager re-hiring the numbers laid-off. The layoffs seem a reasonable alternative in this case. We may now analyze the ethics of the manager. [...]
[...] .Here the term” dignity of the worker” is used to refer to the concept of human respect and dignity. The manager who upholds the respect of the employee will command more obedience. Dignity is thus seen both, as respect for authority respect and integrity shown to workers. This term is used to convey that human values can survive in a capitalist framework. Man, may thus be seen as an Individual, rather than as a unit that constitutes a group. An idea of the "humanization" of a capitalist economy may be idealistic, but the company cannot exist and without the men who compose it; and the worker can not survive without the business. [...]
[...] The manager had to be responsive to f the crisis and keep in mind the interest of his employees A. The importance of responsiveness in times of crisis The economy is faced with layoffs, rising unemployment, instability, and financial crisis. Although the situation is due to the economic downturn, it is but natural that some of the responsibility should be appropriated to the managers for being unable to anticipate the crisis. In fact, as any economist knows no crisis occurs overnight and that there are indications of any impending crisis that the director of a company should be able to detect. [...]
[...] The ideal situation is to try and the two The human factor is of great importance for the performance of the production chain. No economic strategy can be successful without the involvement of the employees. The responsibilities of the manager during a crisis are manifold. The efficiency of the manager consists in making taking the best moral and ethical decision, in any given circumstances. The idea of a moral manager is not universal. It s dependant on the prevailing business environment, and the employees involved. Every man is able to distinguish between right and wrong. The [...]
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