In this age of rapid technological innovation, the introduction of sophisticated technologies in various industries has raised complex ethical dilemmas. As businesses strive to achieve financial goals and keep stakeholders happy, they also have to mitigate the adverse effects of technology implementation. In this article, we’ll examine how implementing enterprise resource planning, particularly custom ERP solutions, can affect employee well-being, data privacy, cybersecurity, and fairness in the workplace, and how organizations can minimize or mitigate the negative effects.
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Balancing stakeholder obligations
Although ERP implementation can streamline workflows in many industries, managers are often faced with the ethical dilemma of balancing the maximization of financial returns, fulfilling obligations to stakeholders, and prioritizing the well-being of employees.
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