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Becoming an Ethical Leader: Insights from the Business Ethics Field Guide | Bill O'Rourke and Brad Agle Summit 2016 Keynote Presentation

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Becoming an Ethical Leader: Insights from the Business Ethics Field Guide | Bill O'Rourke and Brad Agle Summit 2016 Keynote Presentation

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Becoming an Ethical Leader: Insights from the Business Ethics Field Guide | Bill O'Rourke and Brad Agle Summit 2016 Keynote Presentation

  1. 1. Becoming An Ethical Leader: Insights from The Business Ethics Field Guide Dr. Bradley R. Agle George W. Romney Endowed Professor, BYU Bill O’Rourke Fellow of the Wheatley Institution, BYU & Inaugural President, Alcoa Russia
  2. 2. Ethicsfieldguide.com
  3. 3. Today’s Agenda • Introduction to the Field Guide – Brad Agle • Business Ethics Examples – Bill O’Rourke »Brief Background »Recent Business Ethics Breaches »Business Ethics Examples from my Career »Qualities of Ethical Leaders
  4. 4. Three Takeaways from Today’s Session • Ethical Issues in Organizational/Business Life are Highly Predictable • One Can Prepare Him or Herself to Effectively Deal with Ethical Issues • One Can Differentiate Him or Herself as an Effective Leader through Development of Ethics Skills
  5. 5. “Miss Johnson will now pass out the moral blinders.”
  6. 6. “All along I thought our level of corruption fell well within community standards”
  7. 7. Dr. Bradley R. Agle University of Pittsburgh
  8. 8. To be a Great Leader one needs to be able to Do the Following: • 1) Motivate Others • 2) Organize Resources • 3) Manage Difficult Issues where Values Conflict
  9. 9. Ethics is a Skill Set • Proper Intentions are Critical • Proper Intentions are Not Enough • If you Want to Become Great at Any Endeavor, You Must Put Time and Effort into that Endeavor • If You Want to be a Great Ethical Leader, Time and Effort are Required
  10. 10. Examples of Ethics Skills • Recognizing Types of Ethical Issues • Understanding How to Think Through Different Ethical Issues • Being Persuasive In Making Ethical Arguments Based on Logic and History • Recognizing Ways in Which we Rationalize • Understanding Best Practices in Creating an Ethical Organizational Culture
  11. 11. Field Guide to Beautiful Vistas
  12. 12. The Business Ethics Field Guide • Two Major Sections: – Section II: Ethics 101 • General Ethics Tools (Philosophical Perspectives) • Dangers (Behavioral Ethics) • Being Ethically Proactive • Ethical Leadership – Section 1: The 13 Ethical Dilemmas
  13. 13. The Thirteen Categories of Business Ethics Issues • Standing-up to Power • Make a Promise – and the World Changes • Intervention • Conflicts of Interest • Suspicions Without Enough Evidence • Playing Dirty • Skirting the Rules • Dissemblance • Loyalty • Sacrificing Personal Values • Unfair Advantage • Repair • Showing Mercy
  14. 14. Education Break: Raise your hand if you know the meaning of the word “Dissemble” (hint: the word is not “Disassemble”)
  15. 15. “Dissemble” • 1. To disguise or conceal behind a false appearance. Synonym: disguise. 2. To make a false show of; feign. 3. To disguise or conceal one’s real nature, motives, or feelings behind a false appearance.
  16. 16. The Thirteen Categories of Business Ethics Issues • Standing-up to Power • Make a Promise – and the World Changes • Intervention • Conflicts of Interest • Suspicions Without Enough Evidence • Playing Dirty • Skirting the Rules • Dissemblance • Loyalty • Sacrificing Personal Values • Unfair Advantage • Repair • Showing Mercy
  17. 17. Ethics 26 O’ROURKE RUSSIA
  18. 18. Business Ethics • Integrity is absolutely the best attribute of a true leader • Wells Fargo Bank – opened accounts for customers which the customers did not request. (John Stumpf, CEO) • Mylan – increased the price of the epi pen by 500%. (Heather Bresch, CEO) • Volkswagon – installed software to distort actual engine emissions. (Michael Horn, North America Group President and CEO – steps down; Matthias Müller, CEO Volkswagon AG, apologises to President Obama.) • J&J - $1 billion verdict (hip replacement) this week. (Alex Gorsky) 27
  19. 19. Standing Up To Power
  20. 20. Intervention
  21. 21. Conflicts of Interest
  22. 22. Suspicions Without Enough Evidence
  23. 23. Skirting the Rules
  24. 24. Personal Values
  25. 25. Unfair Advantage
  26. 26. Repair
  27. 27. Heroes 36
  28. 28. Concluding Comments • Seek True North. • Be Honest. • Listen. • Be Compassionate. • Have Humility. • Build Trust. • Practice Excellent Habits. • Bless the Lives of all Those you Touch. • When in Doubt, seek advice and listen – but you own the decision. • Treat Everybody with Dignity and Respect. • Tell Right from Wrong. That’s easy. Doing “more right” is hard. • Get the Most out of Life. “It’s Always the Right Time to Do the Right Thing.”
  29. 29. 38
  30. 30. THANK YOU! 40
  31. 31. Make A Promise and the World Changes
  32. 32. Playing Dirty
  33. 33. Dissemblance
  34. 34. Loyalty
  35. 35. Showing Mercy
  36. 36. The Tone at the Top – Must be Audible 46 ….. it goes without saying that Corporations will set their goals and execute their strategy in accordance with their values.
  37. 37. A Suggested Approach • Identify the Issue as an Ethical One • Gather the Facts • Discern The Options – Identify the Affected Parties – Identify the Consequences – Identify the Obligations – Consider Character & Integrity – Think Creatively • Check your Gut • Act • Review

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