StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Vitality of Business Ethics in Leadership - Assignment Example

Cite this document
Summary
An author of the assignment "The Vitality of Business Ethics in Leadership" attempts to describe why it is important to adopt high ethical standards among managers. Furthermore, the writer will outline the ways in which managers can implement those standards…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
The Vitality of Business Ethics in Leadership
Read Text Preview

Extract of sample "The Vitality of Business Ethics in Leadership"

Managers first recognize the ethical and moral problem that arises, must apply the ethical principles to determine what is right, fair and just action or decision and in last, managers must have the moral courage of performing the ethical principles in ethical dilemma irrespective of the consequences or failure that might be caused by taking that decision. Implying these steps develops the feeling of commitment, trust, and truthfulness in the culture of the organization. According to Robert Noyce, "If ethics are poor at the top, that behavior is copied down through the organization", therefore managers have to lead as an example for their Dunkelberg and Jessup (2001) evaluated the cases of certain individuals who broke the laws and behaved in an illegal and unethical manner for the sake of temporary temptation, power or money.

All these individuals had already attained higher positions that enabled them to violate ethical principles. It shows that at a managerial level, it becomes easier to go against the ethical norms because the person possesses enough power and independence of taking the decision on their own judgment. Therefore, it is highly important for top management to maintain the culture of ethical standards and norms. According to a survey conducted by the Ethics Resource Center in 2000, when managers demonstrate ethical behavior at the workplace, employees are less prone to compromise ethical values by themselves.

The following are the ways that can be adopted by managers to persist in ethical behaviors at the workplace. Ethics Awareness Programs; Outside mentors and facilitators can be asked to escort the ethics awareness training by existing examples and helping employees in dealing with day to day ethical dilemmas. Internal communication; MBWA (management by walking around) technique can be useful for managers. It was introduced by Tom Peters in the 1980s. in this technique, managers get out of their cabin and initiate in a friendly manner that promotes ethical standards and helps in reducing resistance while communicating.

Walk the talk; Managers must be very consistent in maintaining ethical norms and standards in day to day life. Following principles one day and falling out of them the next day can be very damaging. Legal advice; Advice from a corporate attorney can be sought if there’s a chance of any unethical or uncertain situation to arise. Evaluate performance with ethics component; Managers must not only evaluate the performance of employees on the basis of accomplishment but also on how the results have been accomplished.

Employees must keep in mind the ethical norms incorporated by the organization in granting reward and also understand that they will be held accountable in case of any unethical situation that arises as a result of their acts.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(The Vitality of Business Ethics in Leadership Assignment, n.d.)
The Vitality of Business Ethics in Leadership Assignment. Retrieved from https://studentshare.org/management/1582002-discussion-questions-module-4-business-ethics-for-leaders-class
(The Vitality of Business Ethics in Leadership Assignment)
The Vitality of Business Ethics in Leadership Assignment. https://studentshare.org/management/1582002-discussion-questions-module-4-business-ethics-for-leaders-class.
“The Vitality of Business Ethics in Leadership Assignment”, n.d. https://studentshare.org/management/1582002-discussion-questions-module-4-business-ethics-for-leaders-class.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Vitality of Business Ethics in Leadership

Accounting,corporate governance and ethics

The accounting profession has evolved over the years and today is viewed as making big contributions to inspiring investor confidence in various enterprisesThe tedious accounting profession is a sensitive undertaking especially when it comes to certifying to accuracy … Because of this sensitivity, the accounting profession had adopted a professional code of ethics for all members....
7 Pages (1750 words) Essay

The Ethics of Citibank

This research paper dwells upon the ethics of the Citibank.... As a function of this, this particular analysis will analyze the means by which an ethical breakdown fundamentally effected and contributed to the financial crisis within one of the United State's most powerful banking institutions − Citibank....
9 Pages (2250 words) Research Paper

The Issues and Challenges Facing by Multinational Companies in the Global Business Environment

The study conducted with a similar concern by Rondinelli (2004) also revealed that multi-nationals operating in various nations of the world had to deal with different lawful regulations along with obligations, which further gives rise to business ethics-related challenges.... The paper evaluates the present issues and challenges facing by multinational companies in the global business environment.... hellip; business, in this contemporary society, is not limited up to dealing with the sales of products or services only....
7 Pages (1750 words) Literature review

Diverse Teams Produce Better Results

BLOG ON leadership By Tutor Institution Date Theme 1: Diverse Teams Produce Better Results A team refers to a collection of individuals with a common objective.... So committed to the issue of diversity it is, that the company has created a World leadership Development.... When evaluating the effects of team diversity on business performance, (Kochan, et al....
14 Pages (3500 words) Coursework

Article Critique #1--Business Ethics

Brown exposes five myths in business ethics management.... It has been pointed out that The article d ‘Managing to be ethical: Debunking five business ethics myths' written by Linda Klebe Trevin˜o and Michael E.... Brown exposes five myths in business ethics management.... Along with clarifying myths prevalent about ethics management, the paper also provides practically applicable guidelines for the mangers to ensure business ethics....
1 Pages (250 words) Article

Leadership - Bill Gates

Transformational leadership is not in any way a kind of normal leadership.... ransformational leadership helps companies to form different ideas which are then implemented.... ill Gates uses participative as well as delegative leadership styles to engage his employees.... hellip; For instance, Bill Gates transformed Microsoft from its moderate revenue of 1 million dollars in 1978 to being a corporation worth more He can singularly be credited with launching the personal computer revolution that has helped billions of people to acquire personal computers and also changed the settings of the business world....
6 Pages (1500 words) Term Paper

Leadership Business Concepts

Forbes Contributor, Dave Coursey, even composed "Employments was occupied with changing the world and minor inconveniences like individuals sentiments didnt fit into his Truth be told, in Lets Get One Thing Straight — Apple Had No Choice however to Oust Steve Jobs, distributed by business Insider, Henry Blodget portrays Jobs activities as "wild troublesome conduct and ineptitude as the leader of the Mac division.... or quite some time, that business had worked decently autonomously....
7 Pages (1750 words) Admission/Application Essay

Ethics and the Volkswagen Emissions Scandal

The assignment “ethics and the Volkswagen Emissions Scandal” discusses such an ethical dilemma of the famous global brand when all evidence points to the involvement of top decision-makers to make the fraudulent scheme a reality and bring it to the market.... It certainly represents a system-wide failure in operationalizing corporate ethics....
10 Pages (2500 words) Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us