SM 896

Human Values in Management

Sem 2, 2010--2011

Course Outline and Semester Schedule

Course Coordinator

Dr. Kanika T. Bhal

Department of Management Studies

Indian Institute of Technology, Delhi.

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 SM 896
HUMAN VALUES IN MANAGEMENT
(1—0—0)
Introduction

Among all living beings only human beings are endowed with the faculty of choice and free will.
Only a human being can consciously choose the ends he/she wants to pursue and the ways of
achieving them. Values are the guiding principles that help the individual in making a choice. It
indicates the regard for a thing, situation or attitude which for some reason is esteemed or prized
for the value holder and individual is the source of all value application. Current incidents of
various scams and other unethical issues are forcing the organizations to realign their value
systems. This course focuses on sensitizing the students to some of the values and their relevance
to organizational life and practice.

Methodology

The course is predominantly readings and case based. The text is Reclaiming Higher Ground
however other inputs will also be included. Classes will be held for two hours every alternate
week. The dates for the classes are given, please follow them strictly unless otherwise announced.

Schedule
There will be 2 hour sessions (from 6.15 pm to 8:15 pm) every alternate week. Specific dates for
the classes are given in the schedule. Students are required to follow the given schedule unless
advised otherwise.
The schedule indicates the topics and cases to be covered

Week Topic Case

Jan 27 Ethics and Business: An 1. Enron’s Fall

Introduction
Feb 10 Ethical Principles in Business 1. Phillip Morris’ troubles
CT 1: Ethical Relativism

Feb 24 Corporate Governance Lecture & discussion

March 10 Ethics in the Marketplace 1. Playing Monopoly:
Microsoft
March 31 Ethics and the environment 1. Bhopal Gas
Tragedy
April 7 The ethics of consumer production 1. Dow Corning
and marketing. 2. The new beer
3. Toy wars
April 27 The ethics of HRM (discrimination) 1. Wage differences at
Robert Hall

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Readings
Text:
Velasquez, M.G. (1998). Business Ethics: Concepts and Cases. Prentice Hall.

Assessment
Class Exercise : 10
Assignment 1 : 20
Assignment 2 : 20
Major : 50
_____________________________
TOTAL : 100

Minimum Marks for NP = 40%

Minimum Attendance for NP = 70%