Leadership and Ethical Decision Making

Ethics is the moral principles that govern a person's behavior or the conducting of an activity. It is the moral values that a person believes in. The way that a person interacts with others. The golden rule of treating others how you would like to be treated. Having good ethics is a basis for having a successful business.

Ethics is defined as moral principles that administer a person’s behaviour. It is the basic perception and essential principle of decent human conduct. Issues concerning unethical approach are known as ethical issues.

According to Merriam-Webster, ethics is defined as an area of study that deals with ideas about what is good and bad behavior. Some would argue that definition is rather vague. A more complete understanding of ethics would suggest that it is more than just an area of study but rather a way of life; moral principles that govern a person's or group's behavior. If one is ethical and has good moral standards, it is usually seen in that person. Simply put, ethics could be considered the standards of behavior as to which society accepts.

Leaders can achieve an understanding of ethics, this paper will analyze how personal ethics are built from virtues, morals, values, and principles. Then, how ethics begin and continue for people and understanding the importance of ethics will be examined. How to serve as a role model in making ethical decisions is shown with a step-by-step process of how a leader develops a template for ethical decision-making.

This journal tested the effects of leadership stress towards ethical decision making in organizations. This research assessed on the identification of ethical problems and ethical behaviours. Two hypotheses have been developed in this research and were tested through the use of survey and participants are from 3 sites of Swedish multinational civil engineering company. The survey can be divided into four parts, which measured the recognition of ethical problems, perceived undesired stressful conditions, effects of stress, and some personal data.

Business ethics since the beginning of this decade has been slowly eroding; if we are to believe what we see and hear in the media. Several times a day, one can view some derogatory piece of information concerning a business. However, it must also be considered that these companies are contributing to that stigma. There have been a variety of companies and individuals who have figured prominently in the media concerning their unethical behavior.

Ethics refers to a system of moral standards that guide the decision for human conduct of what is right and wrong based on everyday life situations, usually in terms rights, obligations, benefits, fairness, or virtue. Ethics is used as a formal guideline for conducting business in order to minimize pain to the greater number of people as a whole. The principles of ethics come from the knowledge and understanding of the word of God, the Bible. It tells us how we ought to think and behave toward one another considering first, how we want to be treated. For instance, we have the right to freedom of speech as long as we don’t insult the integrity of others. In addition, God gives us examples for how make right decisions and

Ethics refer to the values that guide a person, organization or society - - the difference between right and wrong, fairness and unfairness, honesty and dishonesty.

Leadership is responsible for implementing strategy, influencing processes, and stimulating change in attitudes and values. Unfortunately, many leaders and major decision makers cannot make an impartial or truthful decision every time throughout their entire career because of their desire to continue to progress. In the article Leaders as Stewards by Gary Hamel, “a Gallup study revealed only 15% of respondents rated the ethical standards of executives as high or very high.” In my opinion, I believe stewards must possess the ethical values to do the right thing when no one is looking. Of the five elements of stewardships including fealty, charity, prudence, and accountability, from my own experience many lack in the arears of charity and accountability.

Marcus Sims is also at stake of losing his job and he is reminded that his loyalty should be to the company. He faces the dilemma of doing what is best for the company versus doing what is right base on ethics and accounting

“It is important for leaders to tell a compelling and morally rich story, but ethical leaders must also embody and live the story. This is a difficult task in today’s business environment where everyone lives in a fishbowl—on public display. So many political leaders fail to embody the high-minded stories they tell at election time, and more recently, business leaders have become the focus of similar criticism through the revelations of numerous scandals and bad behaviours. CEOs in today’s corporations are really ethical role models for all of society.”

In today’s continuous changing world, the one thing that remains constant for most of us is our personal value system of beliefs, known as ethics. Ethics can also be referred to as morals. Therefore, ethics are those morals that reflect and indicate issues that concern behaviors that are right or wrong and the good and bad habits of individual character. This important standard of beliefs can in most cases create the difference in attitudes from others both

This last characteristic is one of the reason for which he is in a delicate situation with the branch. In fact, Philip Anderson and his team do not reach the targets in term of budget but develop a lot of relationships based on “ethical dilemmas”. When he sells the products or the services, he tries to satisfy both the highest profit for Stuart & Co. and the highest returns to the client. There is a famous proverb which says “the costumer is king” that implies, the firm must be attentive to the customer’s expectations. Philip tries to find a compromise between both but the firm prefers establish long-term relationship just in the company’s interest even if it acts unethically.

Ethics is defined as moral principles of conduct, which people usually agree with. Unlike in law there is no punishment involved in ethical values, if you don't follow according with the standards. There are many things that influence ethical behaviour. These can be personal reflection, religious beliefs, culture, experiences and family influences. If broadly speaking, ethics is the science or study of the morality of how humans act through the medium of natural reason.

Ethics are moral principles or values that govern the conduct of an individual or a group.It is not a burden to bear, but a prudent and effective guide which furthers life and success. Ethics are important not only in business but in academics and society as well because it is an essential part of the foundation on which a civilized society is built.