Ethical Analysis of Westpac Bank: Management Ethics Report BMA735

This report critically analyzes the ethical dimensions of Westpac Bank, focusing on customer practices, employee treatment, and supply chain management. It applies the 'ethics of care' framework, emphasizing interdependence and relationships within the organization. The study evaluates the bank's governance structure, community involvement, and environmental considerations. Key ethical concerns are identified in human resource management, including compensation practices and respect for stakeholder rights. The report provides solutions to address the identified ethical issues and emphasizes the importance of integrating various ethical principles into business operations to ensure the smooth functioning of Westpac Bank. The analysis draws upon academic sources to support its findings and recommendations.

Ethics of Care

Ethics of Care
 The study evaluates how the WESTPAC undertakes business in areas
of customer practices.
 The study also examines the employee practices as well as the
supply chain management practices conducted by the WESTPAC
while executing their daily operation.
 According to Groot et al., (2019), the ethics of care emphasizes the
interdependence of individuals and the significance of a precise
relationship within an organization and individuals.
 Ethics of care stress on altruism, which entails being concerned about
others, their feelings, and need not neglect the care for oneself.
 Further, the study will evaluate the governance structure of the
WESTPAC and community involvement in various activities of the
Company. Moreover, the study will determine the care for the
environment(www.westpac.com.au, 2020).

Community of care
 It facilitates in creating firm and inclusive communities; by supporting
social enterprises, creating jobs which in turns support the
subsistence and small charities. It positively impacts in their local
communities.
 It invests in the potential generation of Australians in venturing and
improving their innovative, creative skills.
 The Westpac does not retain security standards so that the nearby
residents are not impacted by the waste the bank disposes to the
surrounding(Ferrell 2016).
 Westpac Bank has a poor plan while handling cash in the human
resource department as well as during the compensation of
employees. The organization has a poor plan has some employees
earn more than others without proper justification on the same(Fryer
2018).
 The management of the Westpac Bank does not show respect for
human rights, privacy, interest as well as autonomy to all
stakeholders who involve in the decision-making process within the
bank.

Conclusion
 The study focused on the evaluation of various issues facing Westpac
Bank while giving a solution.
 The study evaluates organization ethics and corporate governance.
 Further, the study analyzes human resource ethics, as it is crucial for
the effective operation of the bank.
 Moreover, the research determines management ethics, traditional as
well as business ethics.
 Furthermore, the solution provided will effectively solve the identified
issues within the Westpac bank.
 The incorporation of various ethics into business operations will ensure
the smooth running of the Westpac Bank.

References
 de Koning, M., Meyer, B., Moors, A. and Pels, P., 2019. Guidelines for
anthropological research: Data management, ethics, and
integrity. Ethnography, 20(2), pp.170-174.
 Ferrell, O.Ce Koning, M., Meyer, B., Moors, A. and Pels, P., 2019. Guidelines
for., 2016. A framework for understanding organizational ethics.
In Business ethics: New challenges for business schools and corporate
leaders (pp. 15-29). Routledge.
 Fryer, M., 2018. HRM: an ethical perspective. In Human Resource
Management (pp. 98-116). Routledge.
 Groot, B.C., Vink, M., Haveman, A., Huberts, M., Schout, G. and Abma, T.A.,
2019. Ethics of care in participatory health research: Mutual responsibility
in collaboration with co-researchers. Educational Action Research, 27(2),
pp.286-302.
 www.westpac.com.au, 2020. Home. [online] Westpac.com.au. Available at:
<https://www.westpac.com.au/> [Accessed 7 April 2020].