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More handpicked essays just for you.
Importance of ethics and moral standards in business
Moral reasoning in business
Roles of ethics, morality and integrity in business
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Leaders are people who can make success and failure for their business or organization. They have a very big impact of their organization’s life, therefore without a good leader it is impossible for an organization to reach their goals. Leader who has moral leadership is someone who knows what is right and what is wrong to make a decision and they are who can inspire and motivate their employee. Being moral leader has many advantages in many aspects for a company or an organization. This essay will show many reasons why there are many advantages for being moral leader in company or organization such as decrease liability, employee’s performance, high quality of customer’s services, increase the triple bottom line, and will followed by the conclusion …show more content…
The main different between immoral leadership and moral leadership are the way they lead. Immoral leader will be just focus on gain and increase their profit without have any thought about ethics and the environment. On the other hand moral leader will consider all matters to make a decision. They would be more people oriented and they will consider what effect will occur because of their decision. Therefore their employee will feel respected by their leader. Thus they will be more speak up, innovative and help them make a better decision then it will increase their performances on the job and their loyalty to the business or …show more content…
For the business itself it will not just increase the profit of the business, yet it will also make the work place to have a positive atmosphere inside. The business will have many idea and innovation from its employee that eventually can make more profit and benefit for the business itself. Moral leader will bring the business to have more customers and increase their loyalty to the business because the business can provide a high quality services for their customers. The benefit of moral leadership will not just for the organization but also for many aspects outside the organization such as people, environment, and economic growth. Moral leadership is very important aspect that every leader should have in 21st century, because eventually without moral leadership all of the stakeholders will have many
Ethical leadership is hard to define according to research cited by Yukl, (2013). Ethics depends on time, culture, and laws. We can attempt to define ethical leadership by looking at the leader’s behavior, values and how he or she influences followers (Yukl, 2013). Every organization has ethical and moral guidelines stipulated through their policies, rules and regulations. A leader who is honest and trustworthy can be said as an ethical leader. But it depends on how the behavior is reflected in the organization and the employees. Ethical leadership can also be defined as to whether the behaviors violate cultural customs and laws of the society. Personal morals and ethics may be in conflict with managing the organization
The basis of good leadership is honorable character and selfless service to the organization. In employees' eyes, leadership is everything a leader do that affects the organization's objectives and employee’s wellbeing. A respected leader concentrates on what he or she is [be] (beliefs and character), what a leader knows (job, tasks, human nature), and what a leader does (implement, motivate, provide direction).
I have been fortunate to work with several heads of departments within a couple years of graduating college. During this time, I have worked with quality leaders and not so great ones. The quality leaders were competent, skillful and endowed with people skills. These leaders gave me the opportunity to grow and a sense of purpose. After reading The Leadership Advantage by Warren Bennis, I was quickly reminded about a former superior of mine that lacked the understanding and knowledge of what qualities a leader should have. The company also did not entertain a culture that promotes employee satisfaction.
The role of leadership can impact an organization performance in many ways. Excellent leadership can propel a company to the fortune five hundred list. For Example, Harpo Incorporated Oprah Winfrey’s company is a successful business that has made billions of dollars over the years. The business consists of several different entities such as the Oprah Show, Oprah Winfrey Network, and The Dr. Phil Show to name a few. This could not have been accomplished with a weak or uneducated leader. Many years ago I heard her give advice to the Williams Sisters. The a...
Leadership studies emphasize traits, power, and behavior of leaders. Meanwhile, many organizations have always studied about leadership and tried to find appropriate and effective elements to fit in each organization and situation. Sometimes, the leadership is looked to be service. According to Shackleton (2001), “the essence of leadership is that it is a service to others” (Para.2). In addition, leadership, a skill about effect to members in organizations to lead them to success by communicated ideas to members, which is interaction of process that is related with leaders, followers, and situations to contribute to achieving objectives and goals.
Currently, leadership is generally understood as a person with insight and wisdom of guidance, which expected to be efficient in management responsibilities like planning organizing, and monitoring performance (Kandola, 2004, p. 144). In addition, making ethical decision is important to individuals who value and take seriously institutional...
The practices of a leader can have wide spread implications. They can impact individual stakeholders and the organization as a whole. Clark (2013) states that “you must be the role model you want others to grow into” (para. 9). A strong leader leads by example, is ethical, and earns the trust and respect of their followers. They are also conscientious of the impact they have on the world around them. They practice impeccable communication and learn to inspire others with a positive vision for the future. Clark (2014) describes leadership as the methods of influencing others to accomplish objectives in a collective manner in the direction of the organization's vision.
The leadership is a privilege and it is such a privilege and an honor which will carry the tremendous responsibility which will inspire others to direct them to accomplish goals and vision of the organization. Leadership is about influencing the people, by producing direction, purpose and motivating in order to accomplish the mission, vision and improving the organization. The leadership philosophy is evolved based on the experiences, both positive and negative, in most of the initiatives and activities that we undertake. It is also one among the collaboration and teamwork within which the team members can utilize each other’s strengths to counter the weaknesses of the individuals. By observing, introspecting and experimenting we can developed a leadership paradigm which is inclusive, collaborative and proactive. We can develop the ability to recognize which will approach in order to reach the productive conclusion. The great leaders know their limitations and are capable at utilize their strengths and also the strengths of others to compensate.
Leadership is the action of leading a group of people or an organization. Leadership is leading a group of people or company to reach a result or further and the organization. A leader is supposed to be an example of how all employees are expected to act and what they should be striving for. Good leaders also don’t use their position within a company to take advantage of the company and its employees. A good leader is supposed to be able to perform their job with high standards, efficiency, and honor. However, for every good leader, there are bad leaders and the worse the leader the more detrimental he or she becomes to employees and the company they run. Poor leadership skills can ultimately ruin a company 's chance of success. The attitude
This manifests in a leaders tendency to overrate themselves and their work. People typically view themselves on a higher level than their peers, which can have them overlooking their own short comings. Also, people are more inclined to take credit for success and blame external factors for failures. Lastly, there are conflicts of interest. Hughes et al. (2014) cite that “we may be conscious of potential conflicts of interest, but even then, though, we misjudge our own ability to discount the extent to which the conflict actually biases our perception of the situation in our own favor” (p. 149). All of these are biases impact moral reasoning. When leaders allow these biases to impact their behavior and decision making, it results in an unhealthy organizational culture and unethical climate. Conversely, when leaders fully understand these biases and continually work towards improving their moral reasoning, they can positively affect organizational culture and create an ethical climate, which ultimately influencing all organizational
Good, strong, ethical people can have an immeasurable impact on a company as well. “Ethical leadership creates an ethical culture. Top managers provide a blueprint for a firm’s corporate culture. If these leaders fail to express desired ethical behaviors and goals, a corporate culture evolves on its own to reflect the values and norms of the company” (Ferrell, 2015). “Leadership has a significant impact on ethical decision making because leaders have the power to motivate others and enforce the organization’s norms, policies, and viewpoints” (Ferrell, 2015). Often employees will look to management and top leadership for clues as to what is acceptable and what is not. It is not only important to have good role models in those top positions, but to have a culture where they can fully express their ethical
Every good leader has successful skills to accomplish a common goal within an organization. Although the term leader is often intertwined with the manager; a leader’s characteristics are rarely the same in responsibilities. Leaders are developed by the type of organizational cultured that they are derived in. Thus, bringing the skills to designed changes rather than only promote changes as often may be seen in managers. Leadership is then the support of employees by offering a clear concise understanding of an organization needs and therefore brings balance to the task and the relationship of the employees. So what is the purpose of the leadership? To serve others while transforming the company’s mission into actually obtainable goals while all the while overcoming situational
Leadership is one of the most important facets in organizations. In most cases, leaders act with respect to organizational culture as well as the codes of conduct that determine the manner in which leaders relate with subordinates. Leadership entails the use of effective communication skills to get activities done in the workplace and to ensure that employees shelve their individual interests for the sake of their organizations’ shared targets. It is the role of leaders to ensure that consumers attain high quality products and services by making certain that members of their firms’ workforce are fully motivated to work effectively and utilize resources in an efficient manner (Bass, 22). With the increasingly sophisticated nature of the corporate world, leadership should not be based solely on the desire to control and coordinate affairs within the workplace, but leaders should also exhibit positive examples and continually monitor the changing trends in corporate governance to initiate the most relevant guidelines. Competitiveness can only be attained when leaders are in a position to set the right standards in their firms and coordinate affairs appropriately by understanding consumer and employee needs.
A society with the absence of leadership will lead to chaos. Recently, the Palestinian leader Yasser Arafat died and this has caused his followers to be in disarray. Currently in Palestine the followers are trying to ameliorate life and figure who will replace Arafat. For when there is an absence of leadership it causes followers to panic. The panic of the people leads to the confusion of their everyday life. Leadership implies that a person must posses certain qualities. There are many traits that must be shown to be a good leader. If a leader is noncommittal and callow then a society will fail. However when trying to restore order in a society one person may try to accomplish it by themselves but this rarely works. When working alone or in a small group, three things can happen and lead to more disarray. These things are isolation, too much authority, and control.
“Ethics can be defined as moral principles that govern or influence a person’s behaviour and values are the context in which an organisation or society’s norms are established and justified” (buzz text book).Ethics are the guidelines helping us tell the difference between the is wrong and right. Most people are encouraged by ethics to normally do the right things. Ethics and values are based on individual beliefs and standards in society that one if from, they vary from person to person. Leadership is the authority and capability for one to lead people in an organization in order to achieve goals. They are the main role players in all the organizations and are crucial to their success. Ethics in a business means taking the precise way’