Organizations of all sizes are vulnerable to critical material supply disruptions. Although there is a significant body of literature that examines how large entities such as nations and governments can assess and mitigate criticality, there is very little work that addresses firm-level criticality in a way that is actionable for businesses. This work uses literature review and case
In recent years, the teaching of ethics in business schools has become more common. However, despite positive interest and the quantity of literature, there remain serious shortcomings and incidents of unethical behavior by corporations. Unfortunately, rules, principles, values and virtues are usually presented in a fragmented fashion, often confusing ethical theories. Rarely is the role of character and virtue in moral reasoning considered and little has been written to illustrate moral judgment as integral to practical reasoning in ethical decision making. This chapter defines the strengths and weaknesses of duty and organizational values and illustrates the interconnectedness of rules, values and virtues. Unless the crucial element that character plays in organizational ethics is considered, it becomes a simple philosophical comparison of ethical theories. An integrated component of duty, values and virtue provides a clearer definition of virtues and their relationship to personal development, the professional role and the public good.
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