Ethics Taxonomy Dimension 6: Value Chain



Employment rights and labor practices are an essential component of the value chain in two main respects. Firstly, labor adds value along the chain, for neither a corporation’s primary business activities nor its support activities can function without people working in them. Secondly, the management of “human resources” is itself an activity within the value chain. This separate activity is a core responsibility of all corporations because managing employees is essential for business performance. Due to these key reasons, employment issues can be best categorized in the “value chain” dimension of our ethics taxonomy.


Income Marketing Explosive Expense Posit 


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Copyright information

© Springer Fachmedien Wiesbaden 2014

Authors and Affiliations

  1. 1.Frankfurt OfficeMcKinsey & Co., Inc.Frankfurt am MainGermany

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