Gender and Business Ethics Module 12 PDF

Gender and Business Ethics Module 12   Meet The Group Jhellene Federes Andrea Bantolo   Meet The Group Annethasya Lanuza Mark Dhaniel Ma. Mae Panonce Pacheco  ...

Gender and Business Ethics Module 12   Meet The Group Jhellene Federes Andrea Bantolo   Meet The Group Annethasya Lanuza Mark Dhaniel Ma. Mae Panonce Pacheco   Meet The Group Joice Ann Rosie Joy Dizon Beatrice Budta Pantollano  Learning Outcomes 1. Understand how gender influences ethical decision- making in business contexts. 2. Identify and analyze different forms of gender-based discrimination and harassment in the workplace. 3. Recognize the importance of gender diversity in corporate governance and its impact on ethical practices and company performance. Gender Perspectives in Ethical Decision-Making: It's Not Just About Men  Ethics Ethics is the moral standard that a person uses to determine if a choice is ‘right’ or ‘wrong’. Ethical decision making is a cognitive process that considers various ethical principles, rules, and virtues or the maintenance of relationships to guide or judge individual or group decisions or intended actions.  Does Gender Play A Role in Ethical Decision Making?  Women are considered more ethical than men because women have a higher sensitivity towards ethical issues, are less likely to be involved in illegal activities, and tend to be more apt in making decisions whenever there are odd business practices (Glover et al., 2002). According to the World Economic Forum in 2016, only 59% of the gender gap in economic opportunities has been closed around the world. At the current rate of change, it will take another 170 years to close it.  "Women are just as good as men. Businesses should value gender diversity not only because it is the right thing to do, but also because gender diversity brings more abilities and experiences to the workplace.” - Louise Antonas, Head of Talent Acquisition at PlayPlay.  Designing Inclusive Products and Services Diverse Design Teams Hiring individuals from various backgrounds, Gender-Neutral Design including women and Avoid using gender- gender-diverse people, specific color schemes, you can incorporate imagery, or language diverse perspectives that may alienate into the design certain groups. process. Inclusive Language Cultural Sensitivity Avoid making assumptions about Consider local users' gender identities customs, traditions, or sexual orientations. and values to avoid Instead, use inclusive any unintentional language that respects offense or everyone's misunderstandings. individuality.  Accessibility Feedback and Iteration: Adhere to accessibility Prioritizing user guidelines such as feedback and making WCAG to ensure that necessary your products can be adjustments, you can used by everyone, create products and regardless of their services that are truly abilities. inclusive.  Addressing Gender-Based Discrimination and Harassment: Creating a Workplace Where Everyone Feels Safe What is Gender based discrimination?  Examples of gender based discrimination Unequal pay Lack of promotion opportunities Job segregation Exclusion for decision making What is Harassment?  Examples of harassment Sexual harassment Verbal harassment Physical harassment Creating a culture of Respect and Equality. 1. Establish a clear and comprehensive human rights policy. 2. Conduct a human rights due diligence. 3. Provide training and education on human rights. 4. Promote diversity and inclusion in your workforce. Steps can company take to prevent and address gender based discrimination and harassment. 1. Develop clear policies. 2. Provide education and training. 3. Establish safe Reporting mechanism. 4. Investigate and resolve complaints promptly. 5. Promote an inclusive workplace culture. 6. Monitor and evaluate progress.  Resources Available for Employees who Experience Discrimination or Harassment Human Resource Department Department of Labor and Employment National Labor Relation Commission Commision on Human Rights Legal Counsel It's Not Just About the Bottom Line  IMPORTANCE OF GENDER DIVERSITY IN CORPORATE GOVERNANCE Companies that understand the importance of diversity in the workplace are known to perform better both financially and culturally. By embracing diversity, companies can unlock their full potential, drive innovation, and create long-term value. When employees work with other people from different gender, they have the opportunity to learn from one another to produce higher quality products and services. Having a diverse workplace will also foster a positive working environment in which your employees will grow and thrive.  IMPORTANCE OF GENDER DIVERSITY IN CORPORATE GOVERNANCE Improved Decision-Making Gender diversity are more likely to bring a variety of perspectives, ideas, and experiences to the table. This can lead to more well-rounded decision-making, as diverse teams are better at identifying risks, opportunities, and innovative solutions. Enhanced Innovation and Creativity Gender-diverse boards are better equipped to innovate and meet the needs of a diverse customer base. Women, in particular, may bring unique insights based on different experiences, helping to uncover new markets, products, or services that male-dominated boards may overlook. Improved Financial Performance Multiple studies have linked gender-diverse leadership teams and boards to improved financial performance, including higher profitability, better stock market returns, and greater long-term value creation. Promoting gender diversity on boards of directors requires a comprehensive and proactive approach. This not only aligns with ethical and social responsibility principles but also contributes to improved financial performance, enhanced decision-making, and a stronger reputation for the company.  The Key Steps to Promoting Gender Diversity on Boards of Directors: 1.Fostering an Inclusive Culture: Creating a welcoming environment where everyone feels valued and respected. 2.Actively Seeking Qualified Women Candidates: Expanding your search for board members to find qualified women. 3.Collaborating with External Organizations: Partnering with groups that promote women in leadership to access resources and expertise. 4.Companies can create a more equitable and representative boardroom: By taking these steps, companies can have a more diverse board, leading to better decisions and a stronger company. STRATEGIES TO ENSURE WOMEN AND GENDER- DIVERSE IN CORPORATE DECISION-MAKING: 1. Implement Quotas Mandate a minimum percentage of women on corporate boards. 2. Mentorship Programs Connect women and gender-diverse individuals with mentors. 3. Inclusive Policies Create policies that support work-life balance and equality. 4. Leadership Development Offer training programs for leadership roles. 5. Transparent Recruitment Ensure recruitment processes are fair and unbiased. BENEFITS OF HAVING A MORE BALANCED BOARDROOM: Diverse Perspectives A balanced boardroom brings together varied experiences and viewpoints leading to more comprehensive and innovative decision-making. Enhanced Reputation Companies that prioritize gender diversity often build a positive reputation, attracting top talent and investors who value inclusivity. Improved Employee Morale Seeing diverse representation in leadership can boost morale and foster an inclusive workplace culture, leading to higher employee satisfaction. 3. Gender Considerations in Corporate Governance "Why Gender Diversity Matters in Corporate Leadership?’’ Thank You!