Global Impact: Business Ethics
School: University of Illinois
Registration Link: REGISTER HERE
Start Date: February 5, 2018 (4 Weeks Long)
Workload: 4-6 Hours Per Week
Instructor: Patricia Werhane
Credentials: Werhane is a force of nature in the academic world. Currently a professor emeritus at the Darden School and Wicklander Chair of Business at DePaul University, she is a recognized leader in the areas of business ethics, employee rights, and female leadership. A prolific author who has written or edited 30 books, her most famous works include Moral Imagination and Management Decision-Making and Organization Ethics for Health Care. In addition, she is the founder of the Business Ethics Quarterly Journal.
Graded: Students can choose to explore course videos, discussions, and ungraded assignments for free, but they won’t be able to submit graded assignments, earn a certificate, or complete a specialization without paying a $49 fee.
Description: There is a saying that ‘you don’t toss your garbage where you eat.’ Translation: Don’t engage in unsavory conduct in an area that’s essential to your well-being. Increasingly, that wisdom is applicable to organizations. In a world with different regulations and expectations, businesses are realizing that they can’t act in two different ways in two different settings. From wages to safety to environmental impact, companies are beginning to better align their behavior towards a more consistent framework, with the understanding that they operate in a global village – and have obligations greater than just to shareholders and the balance sheet.
In this course, students will look at the interconnectedness between ethics and global business through the proverbial “Do the right thing” prism. According to Werhane, the class will focus on helping students look at issues from alternative viewpoints and better conduct stakeholder analysis in order to better make value-based decisions that respect local needs and cultural differences in emerging markets.
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Additional Note: This is the sixth course in the University of Illinois’ “Global Challenges in Business” specialization. To learn more about this specialization and register for it, click here.