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In today’s business environment, managers make crucial decisions that affect the longevity of their organizations. We propose that Mary Parker Follett’s theories enhance the perspective of ethical standards and promote an organization’s overall value. The 21 st century will require organizations to create overall value for all stakeholders; these constituent groups include employees, partnerships, national consumers, international consumers, domestic markets and global markets. The ethics in creating value for the organization is based on the internal and external perception of value by all stakeholders. The goal of this essay is to provide an understanding of the role of ethics in an organization.

journal of business and economics research

The Early Organizational Management Theories: The Human Relations Movement &amp; Business Ethical Practices Pioneered By Visionary Leader Mary Parker Follett