EG7036 Business Procurement and Contractual Practice
Introduction
Organizations still struggle to uphold ethical standards despite the potential advantages of “ethical decision-making”. Examples of factors that might lead to unethical decision-making include the need to reach financial targets, competing stakeholder demands, and personal prejudices. Making sure that workers at all organizational levels are aware of ethical standards and the significance of ethical decision-making is another difficulty. The construction industry can establish a culture of integrity and trust by comprehending and putting ethical frameworks and concepts into practice in UK and India.
On the other hand, it can examine the “ethical decision-making process” in selected organizations and identify the “ethical frameworks and principles used”, qualitative research methods such as interviews and case studies can be used. The first step in examining the “ethical decision-making process” is to identify the organizations to be studied. Once the organizations are identified, interviews can be conducted with key decision-makers to understand the ethical frameworks and principles used in their “decision-making process” in India (Bello et al. 2021). The challenges of procurement and supply chain can include questions about how they balance competing demands from stakeholders, how they evaluate the potential consequences of their decisions, and how they prioritize ethical considerations.
Summary
In addition to interviews, case studies can provide valuable insights into the ethical decision-making process. Thus, it is analyzing real-life examples of decision-making, researchers can identify the ethical frameworks and principles that were applied, as well as any challenges or dilemmas faced by the decision-makers (Abioye et al. 2021). However, some commonly used frameworks include the “Utilitarian approach, the Deontological approach, and virtue ethics”. Utilitarianism involves evaluating decisions based on their overall impact on society, while “deontological approaches prioritize” adherence to moral rules and principles. “Virtue ethics emphasizes” the importance of character traits such as honesty and integrity.
It is also important to consider the organizational culture and values that shape the decision-making process in a construction industry (Hossain et al. 2020). Therefore, it has been observed that organizations may prioritize social responsibility and sustainability, while others may “prioritize financial performance” above all things along with implication of supply chain management. Therefore, it is examining the ethical decision-making process in selected organizations, researchers can gain a deeper understanding of the frameworks and principles used to guide decisions in UK and India (Hossain et al. 2020). This can provide valuable insights into the factors that contribute to ethical decision-making, as well as any challenges that organizations may face in maintaining ethical standards.
Employee Engagement: Employee engagement can benefit from ethical decision-making as well. Employee motivation and commitment to their work may increase by they feel that their company supports ethics and integrity. Surveys can be used to collect information on employee engagement, including indicators like job happiness, dedication, and intention to stick with the company. The amount of employee engagement in organizations that place a priority on ethical decision-making can then be compared to those that do not use data analysis (Rodríguez-Espíndola et al. 2020).
Conclusion
In addition, discovering and correcting ethical transgressions can be difficult for organizations which is a major challenge faced in supply chain and procurement. The application of ethical standards uniformly across all business divisions and regions is another problem that organizations could encounter. Organizations can employ several techniques to address these issues. Developing a strong ethical culture that emphasizes the value of moral decision-making and empowers staff to raise ethical issues is one strategy. This can be accomplished by educating staff members about ethical norms and the repercussions of breaking them through communication and training programs. Another strategy is to set up explicit principles and guidelines for moral decision-making, along with channels for addressing issues and reporting ethical transgressions within construction industry in UK and India.
Reference list
Abioye, S.O., Oyedele, L.O., Akanbi, L., Ajayi, A., Delgado, J.M.D., Bilal, M., Akinade, O.O. and Ahmed, A., 2021. Artificial intelligence in the construction industry: A review of present status, opportunities and future challenges. Journal of Building Engineering, 44, p.103299.
Bello, S.A., Oyedele, L.O., Akinade, O.O., Bilal, M., Delgado, J.M.D., Akanbi, L.A., Ajayi, A.O. and Owolabi, H.A., 2021. Cloud computing in construction industry: Use cases, benefits and challenges. Automation in Construction, 122, p.103441.
Hossain, M.U., Ng, S.T., Antwi-Afari, P. and Amor, B., 2020. Circular economy and the construction industry: Existing trends, challenges and prospective framework for sustainable construction. Renewable and Sustainable Energy Reviews, 130, p.109948.
Rodríguez-Espíndola, O., Chowdhury, S., Beltagui, A. and Albores, P., 2020. The potential of emergent disruptive technologies for humanitarian supply chains: the integration of blockchain, Artificial Intelligence and 3D printing. International Journal of Production Research, 58(15), pp.4610-4630.
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