Subject category:
Ethics and Social Responsibility
Published by:
NACRA - North American Case Research Association
Abstract
This is part of a case series. A non-executive independent director on the board of directors of Himachal Fertilizer Corporation (HFC), Neil is faced with the challenge of how to address an attempt to subvert the process of bidding for a lucrative contract. He must navigate the board processes to restore the integrity of the bidding process. In doing so, Neil is confronted with dilemmas pertaining to his own values. He incurs a huge personal risk to restore fairness in the bidding process and faces the challenge of upholding ethical principles and promoting organizational goals without jeopardizing his colleagues on the board. The maze of issues that arise highlights the interconnectedness of concepts and ideas from corporate governance, ethics and Giving Voice to Values (GVV). The case demonstrates that decision making by an individual from awareness, to analysis and to action is fraught with pitfalls, unintended consequences and complexities that are difficult to recognize and deal with. Neil epitomizes the equivocal choices executives and board members face in real organizations.
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Abstract
This is part of a case series. A non-executive independent director on the board of directors of Himachal Fertilizer Corporation (HFC), Neil is faced with the challenge of how to address an attempt to subvert the process of bidding for a lucrative contract. He must navigate the board processes to restore the integrity of the bidding process. In doing so, Neil is confronted with dilemmas pertaining to his own values. He incurs a huge personal risk to restore fairness in the bidding process and faces the challenge of upholding ethical principles and promoting organizational goals without jeopardizing his colleagues on the board. The maze of issues that arise highlights the interconnectedness of concepts and ideas from corporate governance, ethics and Giving Voice to Values (GVV). The case demonstrates that decision making by an individual from awareness, to analysis and to action is fraught with pitfalls, unintended consequences and complexities that are difficult to recognize and deal with. Neil epitomizes the equivocal choices executives and board members face in real organizations.
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