Ethics in Performance Management

Ethics in Performance Management

1. Ethics in Performance Management Sheetal Wagh

2. Ethics is the backbone of an organization and all its activities Ethical performance management is defined as the ‘process of planning, managing, appraising, and monitoring employee performance based on the principles of fairness, objectivity, transparency and good corporate governance

3.    Ethics in Performance Management Ethics is a process of rational thinking aimed at establishing “What values to hold and when to hold them”   A Moral principle or a set of moral Values held by an individual or group Ethical- of or Based on a system of moral beliefs about right and wrong, in accordance with principles of professional Conduct. Managerial Ethics - Standards and Moral Judgment managers use in their Business.

4. Ethical Behaviour   Higher employee loyalty Encouragement of personal sacrifice Honouring of Organisational policies Reduction in Turnover Satisfied Customers Unethical Behaviour Manufacturing- Use of inferior quality of material Marketing- Misleading customers about product features or service differentiations . Distribution- Changing priority of booked orders without informing customers. Customer Care- Not keeping commitment on Guarantees.

5. Objectives and Significance of Ethics in Performance Management Building a better society Cultivates high-performance teams Attracts and retains talent Maintains legal sanctity Improves reporting Promotes a strong corporate image

6. Ethical Issues and dilemmas in Performance Management Managerial malpractice Value Conflict Moral Mazes Corporate goal achievement Employee engagement Managerial favoritism Peer Pressure Workplace politics Violation of ethics

7. Ethical Strategies in Performance Management Education and training on ethics Employment Accountability Communication Resolving value conflict Increasing employee engagement C ulture of dissent

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