Phase 2 Discussion Board 2 - Coursework Example

Ethics Ethics; Aaron Feuerstein Aaron Feuerstein felt his decisions were appropriate because he cared for the welfare of the company and his employees. He was concerned about the employees who had served him for years. It is the same employees who had helped his company to flourish, and abandoning them at the time of need would be unfair. He even interacted with the employees at personal levels and were, therefore, more of friends than employees (Gill, 2011). Aaron too had the vision of rebuilding the company and hoped that he would get the same employees back.

He thought they would serve him well and with determination. It is also important to note that the company was his and the passion for seeing it back on its feet overpowered him. He had the desire to revamp the business under a state-of-the-art facility regardless of the expenses. He believed the company would reap profits and pay the loans. The only advantage of his decision is that the employees did not suffer because they continued to receive their salaries. The decision also helped retain the same experienced and focused employees after rebuilding the company.

His decisions, however, failed to account for the financial future of the company (Gill, 2011). He is to blame for the failure that has seen the company declared bankrupt twice since then. I would have certainly handled the situation differently. I would have paid the employees’ full salary in the next one month and decrease by half for the next two months. That would have been their last package to receive from me. I would also have moved the company to a cheaper labor market and build a medium-sized facility.

Other developments would come later. Aaron followed the concept of virtue ethics that contrasts with normative corporate social responsibilities. Instead of doing what was right for the company, he concentrated on personal and character disposition. In virtue ethics, Aaron actions were right because that is what a virtuous person should do (Mcghee 2013). ReferencesGill, D. (2011, June 25). Was Aaron Feuerstein Wrong? Retrieved May 29, 2015, from http://ethix.org/2011/06/25/was-aaron-feuerstein-wrongMcghee, P. (2013). Virtue Ethics and CSR.

Encyclopedia of Corporate Social Responsibility, 2666-2674. Retrieved May 29, 2015. From http://link.springer.com/referenceworkentry/10.1007%2F978-3-642-28036-8_616