The Christmas Conundrum: When Making Exceptions is the Best Ethical Decision

Thomas Corbin; Udo Braendle

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The Christmas Conundrum: When Making Exceptions is the Best Ethical Decision

Thomas Corbin and Udo Braendle

American University in Dubai, Dubai UAE

Volume 16: 2019 pp. 283-288: ABSTRACT

Often conflicts arises between stakeholders of a firm. Instances where one stakeholder’s needs conflict with the rights of other stakeholders can put managers in a precarious situation. Strict adherence to contract rules, for example, may be the absolute right of the firm but at the same time enforcement of that contractual right or rule may be unduly damaging to another stakeholder. Managers in these situations may seek to find a balancing act between the two conflicting sides in order to maintain the balance that prioritizes the competing and conflicting responsibilities. The following case study, based on an actual managerial decision in an industrial setting, seeks to bring the lessons of balancing competing interests into harmony as best as possible in order to pursue the survival and success of enterprise while realizing that all stakeholders are vital to said success and survival.