Leaders must deal with a variety of experiences on a daily
basis. Therefore, it is important for them to know how to respond to conflicts
or issues in an ethical way.
Review
the following ethical scenario.
Imagine
you are the newly hired chief executive officer (CEO) of a
large pharmaceutical company with major investment in medical equipment,
prescription drugs, and other health-related supplies to companies throughout
the United States. The company experienced tremendous growth in revenue for
several years prior to the COVID-19 pandemic while maintaining a six-figure
profit margin. However, the COVID-19 pandemic has caused both sales and profits
to dramatically drop, resulting in the reduction of personnel and other
organizational restructuring efforts. To help recover, you enlisted the help of
a shell organization to inflate your company’s debt to secure federal relief
funding. You publicly announced that you would reduce your salary
significantly, while covering up an increase in personal stock holdings from
the company. Kickbacks were offered to the shell organization to show a
continued loss in revenue and services for your company to receive government
assistance.
Write
a 750-word paper describing the key ethical issues raised
in the case scenario and evaluate the individual’s character in the case based
on the 4 steps to conducting a utilitarian analysis of an ethical problem.
Address
the following items:
·
Describe the ethical conflicts or
issues observed in this scenario.
·
Explain how you would resolve these
issues.
·
Explain whether you agree or
disagree with what was done and why.
·
Evaluate what could have been done
differently to improve the leadership decisions that were made.
Format
your paper according to APA guidelines.
Url:
my.phoenix.edu
Username:
stampley
Password:
Gamerhyst0413!
Please
use the url, username, and password to complete this assignment.