Ethical Decision Quality: Building an Ethical Decision Culture
Title: Ethical Decision Quality
Subtitle: Building an Ethical Decision Culture
Subject Classification: Business and Management, Decision Making, Economics and Finance, Corporate Governance
BIC Classification: KJG, GPQ, KJR
BISAC Classification: BUS008000, BUS019000, BUS104000
Binding: Hardback, pp.376
Publication date: 15th September 2023
ISBN (printed book): 978-1-80441-220-6
ISBN (web pdf): 978-1-80441-221-3
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Organizational decision-making and ethics have often been treated as different topics. This separation impacts both the ethical quality of decisions and the quality of ethical decisions. Decision analysis provides a wealth of tools that can help decision-makers achieve clarity of action and can capture uncertainty and preferences in decisions with ethical implications. Further, decision analysis provides many insights into decision traps that are relevant to decisions with (and without) ethical implications. Decision analysis also highlights situations where individuals become reluctant to change a course of action because of the sunk cost bias, even if a change is appropriate and even if it has ethical implications.
Despite these (and many other) well-known human biases in decision-making, decision analysis has not been fully integrated into the teachings of ethics. On an organizational level, teaching ethics without a focus on decision analysis can render the teachings irrelevant to organizational decisions and can steer the focus towards deterministic reasoning that overlooks uncertainty and ignores a wealth of knowledge on traps, biases, and normative methods for making decisions.
This book is written for anybody interested in learning about and researching ethical decision-making. It can be used in classroom discussions that combine ethics and organizational decision-making. It is also particularly relevant for MBA and Executive MBA programs.
Author: Dr. Ali E. Abbas is Professor of Industrial and Systems Engineering and Public Policy, University of Southern California, Los Angeles, USA
"C.P. Snow famously concluded that the gap between what he called “the two cultures”—science and the humanities—seemed impossible to bridge. But in these pages Ali Abbas shows a way to do so. A distinguished Professor of Engineering, he is as at home in the domains of ethics and human behavior as he is in the “harder” tech world. Moreover, he demonstrates impressive business chops acquired through actual managerial experience. He offers the reader practical ethical lessons based on wise (and not so wise) decisions made by executives in leading corporations."
- James O’Toole, author of The Enlightened Capitalists