Today's business leaders regularly face difficult ethical issues that affect them, their businesses and other interested parties. Unfortunately, they often unconsciously make decisions using the fundamental principles that predispose them biases and errors in judgment. Recognizing some of these problems, they can learn to avoid the ethical danger zone "and become more effective leaders. The authors explain that the development of a framework to improve the ethical decision-making leads to focus on three key areas: quality, breadth, and fairness. By identifying and overcoming prejudices, in this document, managers can make more rational and ethical decisions
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by Max H. Bazerman, David M. Messick, Lisa Stewart Source: Rotman School of Management, 5 pages. Publication date: 01 Sep, 2007. Prod. #: ROT052-PDF-ENG