Management ethics as a type of business ethics

Поласова Акнур Сахаевна

Магистр, специалист по закупу

ТОО «Электровоз курастыру зауыты»

Ethics is a large and important part of universal human culture, morality developed over many centuries of life by all peoples, in accordance with their ideas of justice, humanity – in the field of moral culture. It helps to study the moral significance of actions, motives, and characters. Ethics, while remaining a serious philosophical science, simultaneously becomes the life position of both society as a whole and its individual members [1].

Management has recently exerted a great influence on society – on the direction of its development, the system of spiritual values, culture, improvement, on the system of assessing lifestyle, standard of living, etc. Professional ethics of management is a system of qualities that an entrepreneur, manager, or any business person relies on to achieve their goal.

This science considers the actions and behavior of a person acting in the field of management, in the aspect in which the actions of a manager correspond to universal ethical requirements. It focuses on a wide range of behaviors of managers and subordinates [3].

There is a complex of reasons that have caused the emergence of interest in business ethics and management ethics in particular. The main is the total harm of unethical, dishonest business behavior, felt not only by consumers, but also by producers, business partners, employees, society as a whole, the excess of this public harm over individual or group benefit. Local researchers agree that modern Kazakhstan is a system in which the formation of the most important social subsystems occurs simultaneously: socio-economic and political. Together they form a special transitional model. Accordingly, those ethical norms and principles that take place in the modern business environment are also in the process of formation and can be considered as transitional. They represent a kind of synthesis of behavioral stereotypes that have passed from the era of totalitarian and authoritarian economics, borrowings from Western and Russian business culture and unformed rules that take shape in the process of transition to a market economy.[4]

Managing people’s activities requires exceptionally high art, a wide arsenal of techniques and methods used, managerial and entrepreneurial skills. Ethics is a huge number of options for decisions and certain actions in management. Thus, each manager has to comply with certain rules of conduct, and comply with management ethics.[5]

Management ethics is a culture of managing people in an organization that provides opportunity to achieve corporate goals based on respect for human dignity and promotion of the public good [1].

Currently, technologies and innovations are increasingly affecting on routine, free markets and the global economy are growing, various innovations are being introduced, etc., along with this, responsibility increases, any requirements or restrictions are introduced. And this means that we are talking about the obligation of business to follow management ethics. Society obliges to observe norms, rules, values and standards. Modern business is expected to use public resources more responsibly, acting not only for the benefit of the interests of its companies, but also for the benefit of society as a whole [5].

The result of the new prospects for the development of managerial ethics in management is the formation of a manager model, according to which person could be characterized as a strategist, an expert in computer technology, taking into account not only market but also non-market sectors, being an innovator, a leader with charismatic qualities.

Management ethics helps not only to formulate the necessary ethical values for each person and to orient businessmen more freely in complex problems that arise when making decisions, but also to create an ethical infrastructure that should make it possible to introduce and operate a market economy and market relations. The transition to the market in the Kazakh economy requires the restructuring of the structures responsible for decision-making. To work in such structures, each person needs self-confidence and the ability to judge what is happening with an open mind, whether it is the head of the entire enterprise, the head of the middle management, the bank manager or a specific consumer of products [2].

The current state of business ethics in Kazakhstan is a consequence of inattention to the ethical aspects of the formation of Kazakh entrepreneurship, and, above all, on the part of the state, which is designed to create an integral and coherent system of laws and regulations. Regulating the activities of entrepreneurs and government officials. The majority of entrepreneurs do not want to limit themselves to ethical limits, since the state itself does not yet create conditions that make a «moral» business more profitable than a «non-moral» one. Entrepreneurs work for the future demand and need to think about how both they and their partners adhere to moral norms. And then, together, they would be able to have a noticeable impact on the process of moving towards ethical business.

Thus, there is a certain connection between ethics in general and business ethics. The norms, principles, and values indicate how participants in business relations should behave. There must be certain standards of behavior. Making a profit is an important point in business, but at the same time one should not forget about ethics, and remember about the interests of society, and not just one’s own. In this regard, various researchers, public figures and managers are currently paying special attention to the concept. There has a place ethics courses that are taught in business schools. This is especially important in personnel management, in the introduction of any sanctions by the authorities that introduce order, regularity, as well as when concluding transactions or choosing a business partner [4].

References and notes:

[1] Ethics Express course, Mishatkina T.V. Minsk 2018

[2] Corporate Ethics, Textbook, edited by Kuznetsov I.N. Moscow 2018

[3] Ilyin A.I. Enterprise planning: Textbook, Minsk 2018

[4] Zaretskaya E.N. Business communication. – M., 2018

[5] Innovation management. Grinev V.F. 2017