CORE PRINCIPLES OF

FAIRNESS,
ACCOUNTABILITY,
TRANSPARENCY,
AND STEWARDSHIP
AT THE END OF THE LESSON,
STUDENTS ARE EXPECTED TO:
 EXPLAIN THE MEANING OF FAIRNESS, ACCOUNTABILITY,
TRANSPARENCY, AND STEWARSHIP.
 ILLUSTRATE HOW FAIRNESS, ACCOUNTABILITY,
TRANSPARENCY, AND STEWARDSHIP ARE PRACTICED IN
BUSINESS ORGANIZATIONS.
 VALUE THE IMPORTANCE OF FAIRNESS,
ACCOUNTABILITY, TRANSPARENCY, AND STEWARDSHIP
TO BE OBSERVED IN BUSINESS ORGANIZATIONS.
FAIRNESS
 IT IS THE
QUALITY OF MAKING JUDGEMENTS THAT ARE
FREE FROM DISCRIMINATION.
 IN THE CONTEXT OF BUSINESS ORGANIZATION –
INVOLVES BALANCING THE INTERESTS INVOLVED IN
ALL DECISION-MAKING INCLUDING ANY DECISIONS
RELATED TO HIRING, FIRING (including the investigatory
process), AND THE COMPENSATION AND REWARD
SYSTEM.
 FAIRNESS
HAS TO DO WITH JUSTICE – TO GIVE TO
ANOTHER WHICH IS DUE TO HIM OR HER.
ACCOUNTABILITY
 TOBE ACCOUNTABLE IS TO BE LIABLE TO EXPLAIN OR
JUSTIFY ONE’S ACTIONS OR DECISIONS.
 THE
OBLIGATION TO DEMONSTRATE THAT WORK HAS
BEEN CONDUCTED IN COMPLIANCE WITH AGREED
RULES AND STANDARD.
 ACCOUNTABILITY IMPLIES RESPONSIBILITY – it is
reasonable only to hold people to account for those things for
which they are responsible.
TRANSPARENCY
THE QUALITY OF BEING EASILY SEEN THROUGH.
CORPORATE TRANSPARENCY ISSUES:
Ethical justifications for information disclosure
Ethical nature of corporate information transparency
Use of transparency in management-employee
relationships.
STEWARDSHIP
 The job of supervising or taking care of
something; such as an organization or property.
 It is an ethic that embodies the responsible
planning and management of resources.
NOTIONS OF COMPETENCE,
PROFESSIONALISM AND RESPONSIBILITY
 MINIMUM COMPETENCIES EXPECTED OF PROFESSIONALS
1. TECHNICAL SKILLS – encompass the ability apply
specialized knowledge or expertise.
2. HUMAN SKILLS – the ability to understand, communicate with,
motivate, and support other people, both individually and in
groups.
3. CONCEPTUAL SKILLS – are the skills and the mental ability
that managers must have to analyze and diagnose complex
situations.
SERVANT LEADERSHIP
 go beyond own self-interest
 focus on opportunities to help followers grow and develop
 do not use power to achieve ends; emphasize persuasion
 characteristic behaviors include listening, empathizing, persuading,
accepting stewardship, and actively developing follower’s potential.
 increase team potency (a belief that one’s team has above-average
skills and abilities)
ORGANIZATIONAL DIVERSITY
 THREE DISTINCT COMPONENTS:
1. Legal framework of equal employment opportunity and encourage fair
treatment of all people regardless of their demographic characteristics.
2. Diverse workforce will be better able to serve a diverse market of
customers and clients.
3. Foster personal development practices that bring out the skills and abilities
of all workers, acknowledging how differences in perspective can be a
valuable way to improve performance for everyone.
 Illustrate how fairness, accountability,
transparency and stewardship are practiced in
business and non-profit organizations.

 CONTENT 20 PTS.
DELIVERY 20 PTS.
TOTAL 40 PTS.
AS A STUDENT, HOW DO YOU
APPLY FAIRNESS,
ACCOUNTABILITY,
TRANSPARENCY AND
STEWARDSHIP?