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The session will start at 12:45, in

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for you..

Does your company have a

set of ethical principles or
values?
If so, has this ever changed
your behaviour?
LEARNING &
DEVELOPMENT

Ethical principles in
engineering: Why being
good, is good for business.

“THE MOST SUCCESSFUL

PEOPLE AND BUSINESSES
NEVER STOP LEARNING”
Facilitator: Penny Taylor
This session will start at 12:45
 User guide

 Questions/ comments: chat box

(NOT Q&A box) Write here…..

 Host only
 All participants
 Third in a series of Webinars
1. Why you should know your values and know your
company’s values. - 12th September

2. A new addition to UK-SPEC – Ethics (competence

E5) and looking at what the Code of Conduct
means for you as a Professional Engineer. – 13th
October

3. An exploration of Ethics for engineers and why it is

increasingly important in business.
Friday 5th December
Penny Taylor
 IMechE Fellow.

 25 years in the car industry.

 Facilitates the ‘Applying

Ethical Principles in
Engineering’ course.

 Vice-Chair of Professional
Review Committee,
scrutinising all C.Eng
applications.
 Objectives -
At the end of this webinar, you will:

 Know why being ethical is good for your business ;

 Understand that ethics is important in engineering;

 Be more aware of ethical issues in your working

life.
Is being good, good for
business?
 The Ethics boom…..
2005 2008

57% 78%

Source: London Business School and Arthur Andersen

Driving the ethics boom -
The Roundabout and the
Traffic Light-
“A business that makes
nothing but money is a
poor business.”

- Henry Ford
 Ethics successes -
1. Not about compliance but about values;
2. Integrated with other policies;
3. Management are seen to be held
accountable.

Results-
 Where managers uphold ethical standards:
 80%+ recommend Co. to potential recruits
 80%+ customers recommend the Co.
 Where managers don’t support ethical
standards:
 <20% recommend Co. to potential recruits
 <40% customers recommend the Co.
 Tension:
 Management tend to emphasize
corporate efficiency and productivity.

 Engineers tend to emphasize excellence

in creating useful, safe and quality
products.

Difference in emphasis only

RMS Titanic
 Being a responsible engineer:
1. A conscientious commitment to
live by moral values.
2. A comprehensive perspective on
the experimental nature of the
project.
3. Moral Autonomy for all steps of a
project.
4. Accepting accountability for the
results of a project.
Conscientiousness -
Comprehensive Perspective -
Moral Autonomy-
Accountability -
 Objectives -
At the end of this webinar, you will:

 Know why being ethical is good for your business ;

 Understand that ethics is important in engineering;

 Be more aware of ethical issues in your working

life.
 Third in a series of Webinars
1. Why you should know your values and know your
company’s values. - 12th September

2. A new addition to UK-SPEC – Ethics (competence

E5) and looking at what the Code of Conduct
means for you as a Professional Engineer – 13th
October.

3. An exploration of Ethics for engineers and why it is

increasingly important in business.
Friday 5th December
 If you want to know more-
1-day course in London
‘Applying Ethical Principles’
21st May 2015

 Engineering case studies

 Moral frameworks for decision making
 Using the engineering design process as a
model for making moral decisions.
Any questions?
 Thank you for attending
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