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Ethics and its relation to leadership
Contemporary issues in leadership and ethics
Ethics and its relation to leadership
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Ethical Behavior and Managerial Decision Making The process of choosing the right way to conduct your business is known as decision making. For a manger, decision making serves as the backbone of your field of business.
You are the leader and the people follow in your footstep, a successful decision made, is based on planning and controlling. Meaning, that you have set certain objectives and goals. Controlling is achievable by comparing actual performance with the expected performance. As a manager, you have to lead ethically, as a good example, improve the moral and follow up your employee's to fulfill their goals. Acting ethically includes doing actions that are right, proper and just. At the heart of ethical behavior is putting the team ahead of yourself. In the case presented in the book, the right thing would be not to meet your goal and do not
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As mentioned if you decide to lay these salespeople off, what is the worst thing that could happen? For all one knows, they could sue you for wrongful dismissal or it could hurt the loyalty of other salespeople. It is important to know your risks, if you know your risks, it is easier to make the right decision. By taking all of the above into consideration before making a decision, is not a short and simple process. However, decision making is vital for a business to be successful. As a manager it is your role to take these decisions, you are serving as the leader and role model. You have the final saying, but since you are representing the people under you as well, you need to take them into consideration as well. In this case the right thing for the manager to do is not laying off these salespeople, but realize that there is a new quarter coming up. Because thinking in a short term perspective, could hurt you in the long run. Yeah you will reach your personal goal this quarter, but if they found out you did it for a personal gain, they could sue you for unethical
Comparing the breakeven orders, trade show option will need fewer orders to reach the break-even point than sales representative option. However, the two options both have some qualitative factors need to be considered. To go to trade shows, Kluger and Orol will have a long working day, which may decrease their morale and find it difficult to predict customers’. To hire sale representatives, Kluger and Orol will have conflict with the sales representatives on structuring the commission and Kluger and Orol will not know whether the representatives will prioritize Foxy business when thinking about personal
A deal with these sales representatives seems like a good idea, they’re experienced and have most likely been doing this for a while. But not only is it illegal, it is strongly against my better judgment. This case is greatly related “value judgment”. It clearly demonstrates an unethical value judgement for me to participate in this deal. It is highly illegal, and wrong for me to steal from my
Usually, salespeople get commission for their performance. This could have been the reason why Dick did so well but we are not entirely sure. Performance incentives can solve Dick’s troubles however, without more information we cannot dive deeper into the issue. The siding department supervisor could have had personal problem or employees could have been physically incapable or Dick’s request. However, as mentioned before, incentives are usually all you
Decision making can be involved in every situation we experience, even when deciding what to eat for lunch. People and companies are surrounded by countless decisions on a daily basis. Decisions can be contemplated in different ways from different perspectives. By definition, decision-making is the selection of a procedure to weight alternatives and find a solution to a problem. Needless to say, certain situations may require various decision making styles in order to provide effectiveness. A decision-making style is defined as how an individual perceives and comprehends stimuli and the general manner in which he or she chooses to respond to such information. A model of decision-making styles developed by a group of researchers determines that
Sales and delivery personnel have a unique system and they work well together. Large sales force of over 10,000 individuals.
Employee motivation is one of the keys to success in any business, especially in a retail sales environment. It is particularly important to understand how employee motivation can be impacted by the strengths and weaknesses of AT&T’s retail sales consultant position (RSC). A series of interviews and surveys were conducted over a two-week period with employees of AT&T in the RSC position as well as retail management positions to determine how the employees really feel about this position as well as internal strengths and weaknesses that contribute to employee motivation. Although there are a lot of positive factors that keep the employees motivated within AT&T, there are some weaknesses that can cause employees to become demotivated.
Decisions are produced using among two or more choices. We frequently think that the best decision maker is rational and makes persistent, value-maximizing decisions inside determined imperatives. These decisions take after a six-stage rational decision-making model: (1) define the problem, (2) identify the decision criteria, (3) allocate weights to the criteria, (4) develop the alternatives, (5) evaluate the alternatives, and (6) select the best alternative. (15th ed)
As a manager, decision making is much more than simply making a decision. There are steps or methods he/she should take in order to evaluate the situation as well as the possible outcomes. This paper will discuss how managers can make ethical decisions and how they can remove any personal biases they may have. In addition, the paper will state how system one and two thinking affect business decisions and how a manager can keep these two types of thinking in balance. Furthermore, the paper will discuss how rational decision making affects negotiations, as well as suggested steps for a manager to negotiate properly. After, the paper evaluates creative problem solving and how it can help alleviate bounded awareness. Moreover, the papers state that the Kepner-Tregoe method guides a manager into assessing their decision and the risks associated with their decision. Finally, the paper discusses how overconfidence negatively affects a manager’s decision-making skills. After
The primary aim of the report is to analyze different models of decision making used by the managers at workplace. First the author analyzes the contingency model for the selection of decision making strategies. It is a model that states that why the decision makers use various strategies to deal with different decision problems. Decision making requires research of techniques for improving the effectiveness of decision that it makes. The article describes a framework for examining the individual’s selection of strategies for decision making. The case study discusses the theory of contingency model and its effectiveness on decision making strategies. The author also uses variety of examples to explain the theory. The author also identifies the uniqueness of choice makers and individuality of decision strategies. The main aim of the case study is to discuss the strategy
Thinking critically and making decisions are important parts of today’s business environment. It is important to understand how the decision making process works and the steps involved. The nine steps of the decision making process are: identifying the problem, defining criteria, setting goals and objectives, evaluating the effect of the problem, identifying the causes of the problem, framing alternatives, evaluating impacts of the alternatives, making the decision, implementing the decision, and measuring the impacts. (Decision, 2007.) By using various methods and tools to assist in making important business decisions an individual can ensure the decisions they make will be as successful as possible. In this paper it will be examined how the decision making process can be followed using various tools and techniques to make successful business decisions by using these same tools and techniques during a thinking critically business scenario. The paper will also discuss how different tools and techniques could have been used to make different, yet still successful decisions.
Managers should be ready to teach the importance of decision-making skills and reinforcing organizational policy. Avoiding hasty, careless decisions, which can have devastating results on the manager's unit or the entire organization. Decisions made with forethought, using the many managerial tools available will lead to better and more profitable operatio...
The problem solving and decision-making processes are commonly used in management throughout all business models. Both processes share a similar uniqueness by combining an analysis and perception along with systems and outcomes. Much like the steps of the decision-making process, problem solving also follows a similar sequence of steps. Despite the fact that problem solving and decision-making are somewhat related, they are completely different. The main difference between the two is that problem solving is considered to be a method whereas decision making is more of a process. Management uses problem solving to reach a resolution with hope of achieving a positive outcome. Decision-making is frequently used during problem solving to help reach a resolution. Decision-making generates criteria for problem solving and develops alternative solutions. It also evaluates possible solutions and chooses from among the solutions (Huitt, 1992).
Although there is an abounding practice of research in selling and sales management, a considerable amount of knowledge rests on theories and paradigms that were forward-thinking in past decades. In order to keep up with a demanding marketplace, the paradigms and theories will need revision.
Ethical leadership organizational ethics and socially responsibility are inseparable (Johnson). Leadership is not a inherited gift or family heritage; it is not a degree from an ivy league graduate school. Becoming a leader is an intentional process of growth that must be lived out experientially (Mullane). Ethical leaders demonstrate three distinctive characteristics, knowledge, action and character. Leaders have to have the ability to say “yes” or even “no” to a never ending series of challenges. A leader needs to be able to define their values, character and leadership style. When accepting the role of leadership you become encumbered by ethical issues and concerns. .
The work of decision making involves choosing between issues that require attention, setting goals, designing suitable courses of action and choosing among several alternatives through the evaluation of each one of the alternatives. Of great importance in decision making is the choosing between the several alternatives. The effectiveness of this work of decision making is of great importance for the well being of every business activity and determines the success of every business (Kay Miranda). In the business setup, decisions that can be made could include product improvement, choice of an investment plan, business expansion and areas of improvement. For business leaders and thus the entire business to be effective, determination of problems and the ability to get reasonable solution is crucial. These leaders should also predict new business trends and thus develop products and services as needed. The reliability and validity of the research, and thus the quality of the business decisions is heavily dependent on the human skills as well as the machines that are used in carrying out business research work.