Sustainability and Ethics in Business Management

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The business management foundation relies on the personal qualities as well as professional abilities of a leader. Thus, a person, who embraces a role of a project manager, is responsible for every individual activity and process that stipulates the program development. The demands that are put on the project coordinator are extremely high since the creation of a separate model is a multidimensional task that implies matching the outcomes to the priorities of certain society groups as well as an employment of minimal input costs with an aim of devising a successful project (Gido & Clementes 2014).

According to the experts, the efficiency of a project director’s work may be evaluated through the verification of his/her achievements against the standards of sustainability and ethics. The scopes of sustainability are analyzed through a triple system of values, which are environment, economy, and society. Thus, the idea implies that every project activity, which is controlled or devised by a manager, has to comply with the laws of nature, as well as the parameters of social interaction. Moreover, is has to be financially-efficient so that to prevent economic instability (‘Key concept: Sustainability and ethics’ 2014).

The concept of management ethics stems from the idea of appropriate conduct standards that are maintained by the leader of a working team. The principles of ethical behavior imply the support of human morality at the workspace. A project manager performs a key role in the process of maintaining these standards since he/she exemplifies occupational relations and serves as a model of interaction both between the members of a project team and with the external stakeholders. Consequently, it may be claimed that a project manager should possess perfect negotiation skills as well as the ability to motivate people for further work and to control the major outcomes of group work activities (Lee 2009).

The basic guidelines on a project management conduct are interpreted in multiple ways. Therefore, a leader of a team is entitled to overtake one model of ethical work coordination and to keep to the standards in his/her further occupational activities. One of the fundamental accounts of professional behavior principles is exemplified by a system of values, which shows that a manager’s work has to be estimated through the analysis of separate abilities. First, it is acknowledged that a successful leader must establish long-term objectives as well as correlate the actual results of work processes to the initial aims. Second, a project director is both responsible and respectful, for he/she is in charge of the team’s downfalls and mistakes as well as precludes any evictions of discrimination or biased attitudes at work. Finally, an efficient leader should possess an innate honesty and fairness, for a manager holds the so-called duty of loyalty, which implies that a project director always stays devoted to the profession and truthful with the subordinates (Code of ethics and professional conduct 2014).

The domain of Advanced Power Management (APM) offers one more model of project management behavior. This account outlines some additional abilities of a project director. Specifically, it dwells on the favorable working environment support, the legal background of project activities as well as public health and safety implications (APM code of professional conduct 2013).

Reference List

APM code of professional conduct 2013. Web.

Code of ethics and professional conduct 2014. Web.

Gido, J & Clementes, J 2014, Successful project management, Cengage Learning, Boston.

‘Key concept: Sustainability and ethics’ 2014, Laureate Education, vol. 1, p. 7.

Lee, M 2009, ‘E-ethical leadership for virtual project teams’, International Journal of Project Management, vol. 27, no. 1, pp. 456-463.

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