María de Querol
Essay week 6
What are some of the ethical issues that arise when managers act in a manner that is counter to their
firm’s best interests? What are the long-term implications for both the firms and the managers
themselves?
In a firm it happens like in many situations in life such as for example politics, governors rule for a
maximum of 8 years and sometimes, or now a days most of the times it seems that they rule for
themselves instead of for the country, and all the measures they take, they do it for themselves,
therefore they focus mainly on the short term rather than the long term, and that have very harmful
consequences for everyone. Similar things may happen in within a firm, where managers only focus
on their own wealth and see the firm as a merely job to fulfill immediate needs. This is very
dangerous, because like all things in live, if you want ti to sustain in the future, you have got to take
decisions taking the future into account, and those decisions sometimes are not the most appealing
ones… Good managers must behave as householders and administrate resources and make
decisions like one, not being too optimistic at good times, or surrendering at bad time, being
realistic, and always giving their best.
When you work in a big firm and you are the CEO, with great responsibilities, and very often you,
in an effort to be the best, overemphasis on growth, which not always is the best alternative for a
firm or its employees and can end up destroying it. A firm is much more than just money or growth,
is a very complex organism where managers have to take into account every concerning factors, and
where each “player” has to take into account that he/she works for the best of the firm, playing a
decisive role the core values a firm has.