Ultimately, the ideal solution for promoting ethical comportment is not a punitive one, but a positive approach by the leaders of organisations. An ethical demeanour must be practiced by the leaders and modelled by those they lead. Ethical decision making ought to be acknowledged and rewarded. Ethics and leadership are united, and as Cuilla (1998), noted, ethics is the heart of leadership. One must return to that philosophy and make ethics a way of life.
From how the behavior and conduct displayed to the services offered and goods produced, to the customers they serve and suppliers they interact with, to the workforce and the society in general (Rhode, 2006). The whole ecosystem should reflect a character and show an element of ethics that forms the core of their decision and actions. Just as the workforce is assessed by their performance in a corporation, the workforce, stakeholders and the general public should evaluate their leaders with the benchmark being ethics. As stated in the book, a leader 's conducts ought to be impeccable (Rhode, 2006). This is due to the fact that, while in that position one is not only accountable to the employee but also to the society.
Ethical leaders are moral-based leadership and the application of leadership in a moral context. Brown, Trevino, and Harrison created the criteria of an ethical leader. First, ethical leaders respect the dignity of others. The best career advice Mrs. Mosier ever received was to treat others the way you want to be treated. As a CFO she believes it is important to remember that the decisions she makes may positively/negatively impact people.
Moreover, ethical integrity begins from headship, which can result in ethical behavior Integrity is an essential quality that everyone should have because it is an act of being honest and trustworthy in all aspects of life. In conjunction with integrity are ethics, which involves a specific purpose and conduct. In other words, when people say one thing and does another is not an act of ethical integrity because their intention does not support their expressions. According to Ruggiero (2008), “ethics is the study of right and wrong conduct and is built on consequences” (p. 2). The following characterizations are based on ethical integrity: temperament, obligation, and consequences.
Ethics is the responsibility of each individual person, but starts with the CEO and the Board of Directors, setting the right tone at the top and moves down through the organization, including setting the tone in the middle. A company’s culture and ethic standards start at the top, not from the bottom. Employees will almost always behave in the manner that they think management expects them, and it is foolish for management to pretend otherwise (Scudder). One of the CEO’s most important jobs is to create, foster, and communicate the culture of the organization. Wrongdoings or improper behavior rarely occurs in a void, leaders typically know when someone is compromising the company
It is not just the best system configuration they are providing Given that, business ethics is a type of connected morals or professional ethics that emerge in a business domain. It applies to all parts of business directly and is important to the behaviour of individuals including the organisation as a whole. There should be a sound balance between ethics and social responsibility, which can be a difficulty. This is the reason, we must follow some rules, both lawful and understood to control our organisations in our endeavours, in order to gain benefits in ways that will not harm neither people nor the society. (Ferrell, Fraedrich, Ferrell,
Business Management Research Assignment (chapter 5 & 11) Q1: The importance of ethics and values in business sustainability: Ethics has to do with an individual’s judgment and their morals. Their ethics help us determine right from wrong. “Values are attitudes towards things like truths, justice, honesty etc.”( Nieuwenhuizen, Oosthuizen & Drotskie 2012:95) Ethics and values are important within a business organisation because they influence morals and decisions within an organisation and need to be present in order to promote business sustainability. The decision to behave ethically is a moral decision and employees need to decide what is right and wrong in the organisation even though the decisions may be difficult it still needs to be done. The ethical decision making contributes to sustainability because the employees values and ethics will ensure the organisation generate the biggest profit possible ad at the same time keeping a good image for themselves.
Society direct the moral standards which make up the discipline of ethics (Velasquez, 2006). But deciding what is ethical and what is not is dependent on the leader. Most scholars consider moral to be an important aspect of ethical leadership (Yukl, 2010, p409) because ethics is all about behavior and in leadership, leaders need to base on their integrity to take the “right” and “good” path when they come to the ethical decisions. In order to become an effective leader, morals and ethic need to be combined together. When a leader has his/her integrity and it just in its decision that in turn creates a more relaxed cohesive working environment.
The problem to be investigated is empirical data that suggested when a leader’s action is observed to be ethical; leaders are inclined to be more ethical. In essence, positive-reinforcement of any type of behavior will drive the continuation of that behavior whether it is good or bad, especially when it comes to leadership. Caldwell and Clapham (2003) wrote that trustworthiness is the keystone in the development of trust. My hypothesis is that the empirical data is correct and that leadership’s behavior (good or bad) can affect an organization especially when the behavior is positively reinforced. This paper examined various topics covered in Caldwell, Hayes, and Long’s (2010) article on Leadership, Trustworthiness, and Ethical Stewardship.
Table of content 1. Introduction 2. Importance of values and ethics in the business • Ethical conducts in organisations 3. Importance of leadership in the success of business Introduction “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.