Essay On Ethical Leadership

Ethical business practicese include assuring that the highest legal and moral standards are identified in your relationships with the people in your business community. You know the most important person in your business is your customer. You should always go for long term profit instead of short term profit. A reputation for ethical decisions creates trust in your business among business associates and suppliers. Strong supplier relationships are critical to a successful business. So customer trust is only kept , if they are treated as initially they were promised to be treated.

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.

Every business develops a set of ethical principles that they abide by. The business ethical principles intentions: it construct the business certainty in the community , maintain the employees liveried in what the business attempt to have as structural conducts and aid the employees consume principles to make ethical choices that guards the business. In a culture with a diverse assessment structure and augmented judgment visibly by companies with changeable ethics and interests, there appears to be further difficulties on business individuals to make tougher ethical assessments. In our day-to-day performances, we depend on on our ethical principles to monitor us in the correct path and do the correct things. The substance of any efficacious and perpetual business is they segment a mutual ethical matter concentrating on presenting and generating value along with allocating their business values with the citizens they network with on a day-to-day basis.

Under this task I will explain the ethical issues that business needs to consider in its operating activities and how a business they could improve the ethical of their operations and also I will evaluate the influence of stakeholders exert in one company.

While each business has a unique culture, environment, and business structure leading to the success of the company, there is always an ethical way of conducting business. We live in a domain where change is the only constant; new businesses are being created, businesses are expanding, growing in monetary value and stakeholder integration, and currently lead the success of a thriving economy. The businesses that stand apart from competitors

Ethical standards in business are important for every leader to know and understand. The book Ethics 101: What Every Leader Needs to Know by: John C. Maxwell discusses ethics in the world today. When people make unethical choices, the reason they do because of three main pitfalls. People do what is most convenient to them, people tend to do what they must do to win, and people rationalize their choices with relativism. In this summary, Maxwell’s definition of business ethics will be framed, examples of ethical standards and guidelines, the meaning and contrast of ethical thinking and ethical behavior, and how to avoid these major pitfalls to live an ethical life. The

However, today, the focus on stakeholder’s (apart from the shareholders, these are customers, suppliers and employees) expectations has also grown radically. Accordingly, ethical behaviours such as meeting stakeholders’ expectation objectives, environmental objectives and corporate social responsibility, which is accountability to the society and social responsibility, have resultantly become very important. Failure to comply with ethical behaviours can causes a business to damage its brand value and its reputation, which in turn could lead to reduced profits or even losses (Carroll and Buchholtz, 2014).

I believe that as a part of the role and authority as an ethical leader in the community of faith, a pastor is called to be a guide, namely to provide information on current ethical issues of note in society, offer her view of how the gospel’s teaching and model of Christ intersect with these issues, and advocate that time and safe space be created in the congregation to discuss and debate these issues.

Within a competitive world, companies should become ethical throughout many perspectives. Ethics refers to the standards of right and wrong in an attempt to influence behaviour. (Kinicki 2015, p.83) In stating this, companies can be ethical within numerous occasions such as ethics and financial performance, ethical performance, ethics and sustainability and ethical competition such as competitive advantage. Despite the positive side, there are also some negative implications towards ethics.

In today’s society, a person can make a single decision, which can positively and negatively affect their family, employer, co-workers and/or even the entire world. That said, the life we as individuals lead reflects the strength of a single trait and that is our personal character. Though personal ethics vary from person to person; people want to be known as a good person, someone who can be trusted and who is concerned about his or her relationships and personal reputations. However, ethics has a major issue in leadership positions. In order to create a strong ethical based environment, it is critical to have an appropriate leader and leadership integrity. According to Johnson (2013), ethical leadership can be perceived as both a moral person and a moral manager. In this essay, I will evaluate the importance of ethical leadership and the role it plays in daily lives. Lastly, I will apply my personal leadership perspective. My perspective will include the path goal theory and the ethical practices that I find to important to leadership.

A business is formed primarily to profit its founders and employees. As part of the 3BL, profit is a co-equal consideration with business impacts on the planet and people. However, profit is the only of the three that is essential to the operation of the business; if the business is not making profit, then the next-best-case scenario is that the business is breaking even. That means that the business is stagnant and unable to invest in expansion and development without cutting jobs or reducing product costs. And of course, the worst case scenario is that the business is losing money, and its days are numbered. Therefore, profit is the only one of the 3BLs that needs to

“Nardelli came into Home Depot with a managerial style that was already obsolete and being replaced at GE by Immelt with his emphasis on eco-imagination. Autocratic top-down, command and control works great when you focus on process—cost and quality. Six Sigma measures all that stuff wonderfully. Nardelli couldn’t see beyond this” (Nussbaum, 2007, para. 2).

In the study of ethics, there are a wide variety of ideas that are used to influence the way that someone looks at a particular situation. The case study that was examined (titled: Names of Suicide Victims) is discussing the morality of publishing the names of last four people who committed suicide in the college newspaper. At first this was in response to the rising trends that were taking place inside the community. Now this program has evolved to the point that editors of the newspaper are starting to publish more personal information about the individual. This is raising various moral concerns about these practices. To fully understand the ethics of this situation involves: examining if this is an acceptable policy, how this could prevent future suicides, the potential harm and if the newspaper should be punished. Together, these elements will highlight how ethical decisions can influence the outcome of events. ("Names of Suicide Victims")

Today’s business world presents numerous ethical issues. In today’s world above board/moral ethics in organizations do not often materialize intuitively. Organization must strive to provide employees with a clear understanding of the overall company vision. This will aid employees in practicing the code of ethics, policies and procedures in the workplace. Companies must be unwavering in continuously delivering the uppermost ethics of provision in which customers, applicants and employees are entitled to under fair business practices. One major core value is to uphold responsible and fair business practices.

Organizations in the market are expected by the authorities and the public to behave ethically in the manner in which they undertake their activities. Acting responsibly and ethically means operating in a way that every stakeholder to the organization is content "Stakeholders are those individuals who are impacted by a company's operations. Based on the moral standards of trustworthiness, respect, responsibility, and caring, companies would appear to be required to address their obligations to their stakeholders" (Schwartz, 2002, p.30). Therefore, this means being consistent in actions that individuals and the society think are typically good values. Actually, this could go beyond the normal obligations toward the stakeholders like wages and reduce prices. So, businesses are considered to observe ethical behavior when they demonstrate the essential moral values at their workstations that include fairness, equality, honesty, dignity, and