Wednesday, May 6, 2020

Ethical Implications Of Ethical Leadership - 830 Words

â€Å"Ethical Leadership is defined as the demonstration of normatively appropriate conduct through personal actions and interpersonal relationships, and the promotion of such conduct to followers through two-way communication, reinforcement and decision-making†¦ [and] the evidence suggests that ethical leader behaviour can have important positive effects on both individual and organizational effectiveness† (Rubin et al 2010: 216-17). Business ethics are moral principles that guide the way a business behaves. The same principles that determine an individual’s actions also apply to business. To practice ethics, it involves the understanding of right and wrong or making a right or wrong decision in business. The way business is run should be transparent and lawful (Mullins Christy, 2013). For example, companies’ products should not violate copyright and patents. Also, they should not use child labour in any business operation. However, to practice business ethics is not simple as companies need to stay competitive by reducing cost and committing illegal business-related actions. Therefore, ethical leadership comes into play as companies’ leaders are the key factor to reinforce ethics in their organisations. The Four V model of Ethical Leadership developed by Dr. Bill Grace based on his leadership research and personal passion in ethical issues. It is the framework that integrates the beliefs and values with behaviours and actions in order to enhance the commonShow MoreRelatedEthical, Moral, And Legal Implications Essay1463 Words   |  6 Pagesand respond to a variety of challenging circumstances. According to Manson (2012), there are four domains of ethical constructs that include codes of professional conduct, ethical principles, law, and personal/moral values (p. 262). As leaders, being prepared with knowledge related to these domains can support decisions. 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Leaders, in particular, must give an extra effort to reach out to followers in order to initiateRead MoreThe Ethical And Moral Nature Of Products And Services917 Words   |  4 Pagessophisticated quantitative and qualitative methods in trying to conjure up a business model that will incorporate all variables and lead to the best possible outcomes for sustainability and growth in a given sector. Some of the emerging issues relate to the ethical and moral nature of products and services that the businesses trade in a scientific research coupled with an explosion in innovational technologies has illuminated the advers e effects of products that were previously thought to be harmless. TechnologyRead MorePerceived Institutional Ethical Behavior Of Us Based Multinational Corporations And Its Relationship With Organizational Longevity Essay1209 Words   |  5 PagesBrief Introduction This paper contains a brief annotated bibliography of research articles selected on the specific research topic of the perceived institutional ethical behavior of US-based multinational corporations and its relationship with organizational longevity. Following the five peer-reviewed qualitative research articles. APA Annotation Aleksic, A. (2013). How Organizations Achieve Longevity: The Role of Change Management in Building Their Sustainability. International journal of the academyRead MoreCase Study648 Words   |  3 PagesAssessment 2 of Managing Under Uncertainty (GSBS 6001) Individual Reflective Journal (Week 5-due on 26.06.2016). Topic: â€Å"Ethics in Management Decision.†-Ethical Decision Making. Done By Student Name: Khalid Bin Hossain Student ID# c3267875. Done For Lecturer: Nimay K. As we have to write an annotated bibliography on the topic â€Å"Ethics in management decision†, I along with my other group members (Poonam and Hilda) arranged a successful group meeting for week 5. On this meeting

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