The first course of action is to address the growing threat of insider attacks and prevent employees from making any public disclosures that are not supported by strong evidence and approved by higher management. Strict confidence is required because it will serve as a means of protecting the company from negative backlash and security breaches (Saxena et al., 2020). The growing popularity of different channels of communication created a lengthy chain of issues for contemporary businesses that have to mediate their operations both online and offline.
All the inside information should be carefully encrypted and only conveyed to parties or individuals who have all the required authorizations to access that data. There are different types of information that have to be effectively protected by Marcus Marietta, such as mergers and acquisitions, financial reports, significant contracts, and managerial decision agendas (Edwards et al., 2017). The presence of improved security practices would positively affect the company’s image while also protecting it from any unexpected damages.
The management should motivate Marcus Marietta’s stakeholders to participate in civic activities more often so that they could gain more political power as well. The existing authority could be multiplied with the help of personal contributions and maintained via a series of executive decisions aimed at unifying employees (Pilemalm, 2018). Industry policies should be monitored vigilantly in order to have the company adjust to any upcoming transformations effortlessly.
The company should also look deeper into the benefits of trade associations and establish more positive partnerships with international actors in the field. Corporate positions are going to change irrespective of the state of affairs in the market, which means that personal contributions cannot be overlooked in terms of trade either (Ferrell et al., 2019). The impact of trade associations can be viewed as multifaceted due to the presence of multiple ethical dilemmas affecting Marcus Marietta.
References
Edwards, M. R., Lipponen, J., Edwards, T., & Hakonen, M. (2017). Trajectories and antecedents of integration in mergers and acquisitions: A comparison of two longitudinal studies. Human Relations, 70(10), 1258-1290.
Ferrell, O. C., Harrison, D. E., Ferrell, L., & Hair, J. F. (2019). Business ethics, corporate social responsibility, and brand attitudes: An exploratory study. Journal of Business Research, 95, 491-501.
Pilemalm, S. (2018). Participatory design in emerging civic engagement initiatives in the new public sector: Applying PD concepts in resource-scarce organizations. ACM Transactions on Computer-Human Interaction (TOCHI), 25(1), 1-26.
Saxena, N., Hayes, E., Bertino, E., Ojo, P., Choo, K. K. R., & Burnap, P. (2020). Impact and key challenges of insider threats on organizations and critical businesses. Electronics, 9(9), 1460.