Reference no: EM132400658
Company: Aetna
Ethics: Your team must research and find an ethical issue which each of your companies or the industry has wrestled with within the past 24 months.This could mean that your company is a leader in ethical decision-making reflecting many of the theories you learned throughout the semester, or it could mean that your company seems to use short-term thinking to the exclusion of more well-reasoned analysis. Each team must find at least one ethical issue.You will need to read current articles in relevant newspapers, magazines, websites, news outlets, which will reinforce your understanding of the concepts that you have read in the text, used in lecture and in discussion to identify a recent business ethics issue with your company or its industry.
This analysis must include:
a. Stakeholder analysis: who are the stakeholders and what is the impact of this issue on various stakeholders that you identified throughout your analysis?
b. What business function is most impacted or identified in this struggle?
c. What responsibilities, economic, legal, ethical and philanthropic does the company have to its stakeholders?
d. Use two frameworks to work through decision-making in this struggle. Do not manipulate the framework to justify your response, but apply the principles to the struggle to identify key thoughts and ideas that should factor into any decision on this matter.
e. Blind Spot Analysis: what blind spots do you see that may have impacted the decision-making in this dilemma? Can you suggest alternative perspectives that could have helped avoided succumbing to these pitfalls?
f. If the issues have been resolved, what are your thoughts on the resolution given you above analysis? Do you agree or disagree and why? If there has been no resolution, propose one using your above analysis. Did one company respond more favorably to the incident than the other
g. Which of the two companies is living its values? Looking at your companies' mission statements/values statements/ credos, are they fulfilling their promises? Are their actions and decisions reflections of a legitimate values statement or merely a business decision to retain/attract customers? Does this matter?
h. Which company should the Social Impact Investors add to their portfolio? Why?