Stakeholder Values and Ethics

Stakeholder Values and Ethics – Major Assessment (Group)
This is a team based assessment. A maximum of four team members Once teams are formed, they are locked in and cannot be changed without the approval of your lecturer.
It is each team member’s responsibility to ensure they are aware of what their role is within the team. Confidential peer review will form part of your individual mark. If an individual does not contribute to the task they can expect to be awarded a zero for this assessment.
What if I have a problem within my team?
If you have any concern/s about a team member’s contribution to the assessment task, you are recommended to approach the lecturer and state your concerns.
To help substantiate performance issues, you should keep a diary of all groups activities. Include emails sent to team members supporting agreed outcomes of meetings, etc.
You should highlight concerns well well before the due date (defined as at least 2 week before the due date).
Your Task
Select an organisation that you are either familiar with (you may, or may have, worked there) or have researched. Ideally choose an organisation within the professional services sector (eg: Financial, Legal, insurance, medical, etc). You may choose to focus on an organization in another industry but you should seek advice from your lecturer first.
For this organisation, identify ethical issues or aspects from a range of areas covered in the lectures. These include:-
1. Ethics at the Individual Level
2. The dynamic of Groups and Ethics in the organisation
3. The Organisational Ethics Construct (How does the organisation ensure ethical behaviours?)
In your response you should:-
A. Identify and define the Stakeholders and their stake.
B. Determine the key issues facing management when managing these stakeholders.
C. Evaluate the Stakeholder value management response. This may include:-
(i) rational, process and transactional levels
(ii) stakeholder inclusiveness and relationships
(iii) stakeholder power: awareness, knowledge, admiration, action
(iv) monitoring and communicating with stakeholders
(v) winning stakeholder support
(vi) tangible and intangible resources to deliver stakeholder value
D. For the following Stakeholders, identify, discuss and evaluate the organisation’s ethical construct.
(i) Shareholders
(ii) Customers
(iii) Employees
(iv) Suppliers
(v) Community (Publics)
(vi) Determine associated accounting constrains and enabling processes
You may decide to take on the role of a consultant and conduct an ‘ethical health check’ of the organisation incorporating the above elements.
Another approach may be to identify a ‘star performing’ organisation or Strategic Business Unit within the organiastion and use it to benchmark the industry.
Make appropriate recommendations based on your findings.
You are required to prepare a report based on the above incorporating relevant theory and additional readings when analysing your chosen company.
4,000 word written report demonstrating critical ethical analysis benchmarking relevant organisational strategy against best practice. You will be required to analyse and critique financial forecasting techniques in your report.
You will be required to choose an organisation in the Professional Services sector. You must seek approval from your lecturer for your chosen organisation.
You must identify and choose your case study by Week 6. Bring a detailed brief to class on this date. Tutorial time will be spent addressing any key issues or any problems you may have.
This assignment is due Friday of Week 10 (upload on moodle).
3,000 words, appropriately referenced using the Harvard style of referencing.