Best Buy CEO Chairman Relationship Research Paper

Best Buy chief operating officer Chairman Relationship - Research Paper Example17). As expounded, the narrativeed improper relationship, despite the allegations beingness denied by both Dunn and the employee, has caused a damaged examplee within the organization, supposed distractions, and speculations on the true disposition of the relationship. Issues Being Addressed The issues being addressed in this case are violations of transparency, violations of conformity to ethical and lesson standards, and failures to disclose critical information to the Board of Directors, which could assist in addressing the issues in a more victor manner consistent with the standards posed under corporate social responsibility. The World Business Council for Sustainable cultivation (WBCSD) has defined corporate social responsibility (CSR) as the continuing commitment by business to feed to economic development while improving the tone of voice of life of the workforce and their families as well as of the community and society at large (WBCSD par. 4). Obviously, the violations and issues noted from the case at Best Buys undermined improving the quality of life of the workforce due to causing apparent distractions and speculations. Likewise, the improper relationship of Dunn, a married man, with a 29-year old employee caused conflicts in the marital relationship with Dunns spouse and the relationship with his children. The relationship is deemed as violating the standards of moral philosophy and moral codes. The situation was exacerbated by Schulzes failure to disclose the investigations made by him to the Board base on previous reports, which was an apparent violation of the rules of transparency and the rules on partnering to stop misconduct (Best Buy, n.d.). Rules According to the report written by Clifford (2012) and published in The New York Times, the rules and society policies on adherence to ethical and moral codes of conduct have patently been applied to all em ployees except the CEO. As cited, the C.E.O.s relationship with this employee guide some employees to question senior managements commitment to company policy and the ethical principles the company champions (Clifford par. 17). Best Buy has a rule of Business Ethics that explicitly states rules on responsibility to individually other, responsibility to shareholders, and responsibility to the companys business associates the areas where some violations have been noted. Analysis Upon closer exam of Best Buy Code of Business Ethics, the violations noted were on the rules pertaining to the following (1) responsibility to each other, specially honoring our differences (2) responsibility to our business associates, particularly conflict of interest (3) gift giving (4) partnering to stop conduct. The Code of Business Ethics stipulated that one of our values is to show respect, humility and integrity. Creating a positive work surroundings supports this value (Best Buy 14). The action s of Dunn and the female employee have been reported to cause conflicts in the work environment that apparently led to low morale. Likewise, the inability of Schulze to disclose the information immediately was a weakness on his character, consistent