Ethical conduct is a representation of leader’s self-expression of who they really are, and with past multi-billion dollar companies reported committing unethical and unmoral acts of behavior, it is imperative that leaders fully comprehend the ramifications related to their unethical behavior. Furthermore, an ethical virtue demonstrated by a leader paves the foundation for their followers to behave with the same ethical behavior established within the organization thus establishing a followers’ commitment to their constitution. Additionally, the rise in corporate ethical scandals today representing the unethical behavior and, raising awareness relevant to the probe into their illegal and unethical acts of behavior. The fact that leaders represent the key ingredient within an organization expected to exhibit the utmost ethical behavior has become the cutting edge of issues involving acts of unethical conduct. . Leadership in organizations obtain ethical responsibilities to both the establishment and their followers, their responsibilities revolve around human values and complying with ethical conduct and codes of ethical behavior. And, the knowledge that corporate scandals including those of Enron, Worldcom, and others have brought up the public and media’s attention to the huge number of unethical conduct occurring within organizations today (Gamble, & Gamble, 2013). Furthermore, human value defined as a leaders understanding regarding the manner in which
Ethical leadership is vital for the success of any business; this case study illustrates that the lack of moral values and a healthy ethically incline corporate culture, can lead to scrupulous behavior from the CEO all the way down the company. Scrushy had a demanding and cunning personality, and it was easy for his to influence others in his business to go along with the fraud. Also, having Stanwick and Stanwick, (2013) an active board of directors does have a positive impact on the performance of the firm. Also, good corporate governance supports the ethical requirements established by the stakeholders. A moral leader must cultivate a real ethically driven organization, which has no tolerance for unethical behavior.
This paper will first discuss briefly what ethics are and provide the definition for an ethical issue. An ethical leadership issue is identified and explained for this author’s practice area. We will then identify and discuss key strategies for leadership that are pertinent to the ethical issue. Next, empirical evidence which supports the strategies discussed will be analyzed. Then, the impact and importance of the strategies will be stated. The final step will be to provide a conclusion to the reader that summarizes the content and strategies.
According to Johnson (2012) leaders are powerful role models, and policies will have a little effect if leaders do not follow the rules they set. In Enron case, corruption and ethical misconduct were deeply embedded in their business culture where profitability was more important than ethics. In this paper, I will address the factors that had led to the development of the culture of profit before principle at Enron. Also, I will create my personal code of ethics that will guide me in my professional and personal decision making and doing the right thing when faced with ethical challenges.
Joe Smith a sales representative is one of Tom Tramlins top people in sales for UWEAR and PALEDENIM. Bill Bateman the CEO of the Peninsula Hotel chains met with Joe through Tom through the last contract and is meeting with him again to discuss the renewal of the contract for supplying uniforms for their employees at the hotel. Joe has become good friends with Bill and his wife and have received many perks since the last signing of the contract, like being invited to go on their yacht, social events, and staying at the hotel which is very beautiful and has an excellent swimming pool with a waterfall that the kids absolutely love. Joe landed the last contract by pricing the uniforms
1. What are some ways that you can “promote an ethical culture” where you work?
Top executives within an organization exercise their due diligence to find the most effective and ethical leader to enhance the company. However, time after time organizations will uncover an ugly truth, that not all leaders, and employees alike have the best intentions and consistently behavior ethical. Ferrell, Fraedrich & Ferrell (2013), examines the scenario in which Warren Buffett discovered a leader for one of his conglomerate businesses, David Sokol acted unethically (p. 138). This leads to question whether Buffet was too trustworthy or should he be more intentional on making his leaders adhere to ethical compliance? In short, the answer to that question is “ that ethical leadership includes role modeling through visible actions,
Ethics is the guiding force in any respectable organization. With a moral compass, especially in the leadership of organization, a company can become compromised and fall into a quagmire of legal issues, a tarnished reputation, and devaluation of company stock if it is a publically traded company. In pursuit of examine my own ethical lens I will analyze the ethical traits of an admired leader, my own traits as exhibited in the Ethical Lens Inventory, and how I make a decision concerning a particular ethical dilemma.
It is only during moral lapses and corporate scandals that interest groups and the broader public ask themselves the fundamental ethical questions, who are the managers of the organization and were they acting with the ethical guidelines. For a long time, the issue of ethics was largely ignored, with organizations focusing on profit maximization. However, this has changed, and much attention is now focused on ethics management by researchers and leaders. The issue of ethics has arisen at a time when public trust on corporate governance is low, and the legitimacy of leadership is being questioned. Leaders are expected to be the source of moral development and ethical guidance to their employees.
The purpose of this paper is to study the ethical leadership of a leader within a fortune 500 company. The paper will discuss the history and current information of British Petroleum (BP). It will describe their mission, vision, and value statements. It will provide detailed information on Tony Hayward and his leadership style. It will discuss the company’s culture of command and control, cost cutting, and lack of accountability. It will review their stance on ethics and corporate social responsibility. It will discuss the impact corporate culture can have on ethical leadership. And finally, it will point out the lesson to be learned from the historic troubles of British Petroleum.
Leadership is by all means a special talent that not all people possess. A leader must also have ethics to be effective for the long term in the corporate world. These leaders generally implement ethical programs in order to influence an organizations climate (Yukl, 2010). I will evaluate the importance of ethical leadership and the role it plays into today’s organizations. In addition, I will discuss the repercussions a company may have when its leadership allows and even rewards unethical business practices. Lastly, I will apply my personal leadership perspective. My perspective will include the path-goal theory and ethical practices that I find important to
This code is important for our employees, customers, shareholders and partners. This code explains and summarizes our stander that protects the company 's reputability and its business from any risk. Moreover, it shows how we deal with our partners. We believe that our success depends on the actions of our members and partners. Because of that, we are committed to make sure that everyone in our company is compliance with this Code and other law.
Ethical behavior is often seen as amoral when used for persuasive purposes. This is possible because persuasion may be used in unethical situations as well as ethical situations. Either way, it depends upon the person who is trying to persuade others. Adolf Hitler is an excellent example of someone who persuaded millions of people to behave unethically. On the other hand, Mother Teresa used persuasion for ethical reasons by caring for the sick and the orphaned, and because of this has impacted an entire world.
This broader concept of ethical leadership empowers leaders to incorporate and be explicit about their own values and ethics. The following list provides a framework for developing ethical leadership. It is based on the observations of and conversations with a host of executives and students over the past 25 years, and on readings of both popular and scholarly business literature. Written from the perspective of the leader, these ten facets of ethical leaders offer a way to understand ethical leadership that is more complex and more useful than just a matter of “good character and values.”
From birth, we are taught important values that help us to develop into good citizens. Some individuals are raised in religious organization’s instilling good moral values into them. Some people are raised in a manner to treat others with respect, so-on and so-forth, but not everyone in this world shares the same moral values, which breaks the integrity of the individuals ethical behavioral code or pattern. In the Bible at Proverbs 13:20, it says “The one walking with the wise will become wise, the one who has dealings with the stupid will fare badly.” (NWT Bible) Why is this? Doe’s it even matter about upbringing, and how they will fare in extreme ethical decisions? My theory, that the ones you associate with on a daily basis,
Ethics vary between people and are exercised in many different forms. Ethics are the way individuals decide what is “right” from what is “wrong”. One reason ethics vary so drastically is because of different world views. World Views are quite simply how people view the world around them and attach meaning to life in general. By knowing a person’s world view we can assume a certain ethical theory and will therefore be able to make educated guesses on how they will act. The three generalized world views are Nihilism / Naturalism, Humanism, and Theism. The Nihilistic world view is based upon an idea of “nothingness”. The world just came about from nowhere and it does not matter either way. There are no general rules of ethics. It is simply do what is best for yourself and that is assumed to be ethical because mankind is inherently good. Humanism is slightly more democratic. Humanism is based upon human reason. They believe in things such as The Big Bang theory because it makes sense. They also believe man is inherently good, however they are less concerned with the individual and care more about the group majority. The ethical standard is to treat others how they treat you. Theism is more complicated because it is based upon an “ultimate religious being”. So for this purpose I will discuss Christian Theism, which is the world view I most closely relate. In this world view, God is the bases and he created the world and the heavens. Theists