CHAPTER 7

Values, Ethics and the Human Spirit for Responsible Management

Radha R. Sharma and Saleha Ahmad

You may fool the whole world down the pathway of life

And get pats on your back as you pass,

But your final reward will be heartaches and tears

If you’ve cheated the man in the glass.

—Peter “Dale” Wimbrow Sr. (1934)

Introduction

A discussion on “responsible management” does not imply that managers are irresponsible. Managers, guided by their innate human nature, are predominantly responsible in their thoughts and actions. However, they regularly face dilemmas that are not only economic, financial, and technical in nature but also involve ethical choices and complexities. The very fact that such issues raise conflicts within the individual ...

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