Performance Management Systems and Strategies

INTRODUCTION

Compliance with the ethical issues by any organization is possible when they balance the bottom-line and the social welfare. Such a process of balancing may not always be without conflict, because of the differences in the stakeholders’ interest. Obviously for this reason, organizations feel constrained in the process of balancing opposing objectives. Being multi-dimensional, an organization has to meet such opposing expectations of stakeholders, who even encompass society, culture, religion, diversity issues, religions, socio-politico-economic issues, or for that matter any possible issues which may have direct or indirect linkages with the organizational activities. Ethical practices cascade to compliance with the corporate social ...