Working for a management consultancy, you are reviewing and advising on the current ethics of a multinational organization (public, private or third sector). In particular you are required to evaluate its ethical performance in its response to one of the megatrends.
There are a number of Megatrends across the world that are affecting how organizations operate including:
Climate change (e.g. environmental degradation, resource scarcity, etc),
Political shifts in global power and new international agreements (e.g. on trade – Brexit, on climate change – Paris Agreement, etc),
Digitalization (e.g. automation, Artificial Intelligence, advanced analytics, blockchain),
Urbanization (e.g. majority of global GDP generated in cities, increasing infrastructure investment needs, cities consume the most resources and emit the most greenhouse gases, etc),
Demographic and social changes (e.g. growing inequality, ageing population, etc).
Describe the organization, its CSR approach, code of ethics/ conduct, and activities.
Describe what the megatrend is, how the megatrend is affected by the covid pandemic, how it is affecting the organization (and organization’s industry) and what the organization is doing about it.
Critically evaluate the organization’s ethical performance, what has helped/ hindered, and assess the limitations of ethical theories you used.
Propose recommendations for the organization to improve how they could be more responsible/ ethical in their response to the megatrend.