As business leaders get promoted, evidence suggests that there are more opportunities for ethical transgressions. Companies can do several things to help prevent ethical lapses. (1) Promote an ethical culture. (2) Use 360-degree evaluations. (3) Apply coaching. (4) Discuss the importance of ethical leadership. What kinds of approaches might you use to help leaders be more ethical? How could performance management processes be used to facilitate this aim? Besides some of the ideas already discussed, what do you think companies can do to reduce the likelihood of leaders acting unethically?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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As business leaders get promoted, evidence suggests that there are more opportunities for ethical transgressions. Companies can do several things to help prevent ethical lapses. (1) Promote an ethical culture. (2) Use 360-degree evaluations. (3) Apply coaching. (4) Discuss the importance of ethical leadership.

What kinds of approaches might you use to help leaders be more ethical? How could performance management processes be used to facilitate this aim?

Besides some of the ideas already discussed, what do you think companies can do to reduce the likelihood of leaders acting unethically?

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