Academic journal article Management : Journal of Contemporary Management Issues

The Professional Ethics of Slovene Management in Light of Globalization Processes and Historical Heritage

Academic journal article Management : Journal of Contemporary Management Issues

The Professional Ethics of Slovene Management in Light of Globalization Processes and Historical Heritage

Article excerpt

This article examines the problems of modern Slovene management in the context of the history of management in Europe and the adoption of management models and theories from the US. The purpose of the article is to identify the key characteristics of management and its relationships with other social actors in the context of shaping the image of the modern Slovene manager as a person required to take responsibility for ethical decisions. Taking into account various factors which influence the structuring of European management, the paper briefly presents theoretical and practical methods for studying professional ethics in management.


Organizations, be they for profit or not, are an integral part of society. All their activities are taking place in the environment, which can be conceptualized as a complex network of individuals and organizations, interacting with the organization. Thus, the assertion that a high degree of social and ethical responsibility, and not just business success, is expected from top management, could be supported1.

It is essential to have knowledge of the humanistic sciences and an awareness that the whole of a person's life fluctuates constantly and periodically. This is also characteristic of social movements which renew society and create conjunctures of the economies of different nations. Through these movements, societies change and mutually interact; each society as an ordered environment has an influence on its members, particularly on the organized units in society and economic subjects. In all societies, from the most primitive to the most developed, in capitalist and in other kinds of socioeconomic systems, it is necessary to coordinate or regulate relations among institutions and especially to manage the production processes. This principle raises the question of how to remain faithful to values originating from antiquity while subjected to constant change.

Socrates once said: "People commit evil doings not for the cause of evil, but because of ignorance. To do well, one must know what good is..."2. However, when contemporary experts wish to give advice to managers, they claim: "The circumstances in which the managers' work is changing so quickly and so profoundly, that we cannot learn anymore from past experiences, how we could today, let alone tomorrow, ensure business success" (Michlethwhait & Wooldridge, 2000, p. 11).

These two seemingly contradictory statements open up new lines of thought and point out the new continuous responsibility of managers to integrate these two ideas into a modern and fresh point of view, which will encompass the right basis for action, and they bring forth the idea that "the manager has to be eager for knowledge and learning" (Michlethwhait & Wooldridge, op. cit.).

Society, families and individuals have been institutions tending to maintain social stability. On the other hand, the contemporary organizations need to be capable of changing constantly and developing new knowledge, which commonly creates ground for conflict. Innovative organizations and their management induce the conflict between elements of stability and triggers of economic/social change. In such a dynamic environment, the social responsibility of managers, i.e. their responsibility to all stakeholders, becomes an ever more important element for commercial success (Hocevar & Jaklic, 1999, 32.). Here, the question arises as to whether such demands toward leaders existed throughout the history, regardless of the type of society, or is the rapid pace of change in the business environment that has placed these issues at centre stage, particularly given the greatly intensified competition.


2.1. Contemporary challenges to management

As most developed economies are being wrecked by the current financial crisis and the mounting problems of unemployment, economic recession, environmental issues, etc. …

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