Raising the bar on ethical leadership-1
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This document discusses the importance of ethical leadership in business. It defines ethical leadership as leadership that respects the rights and dignity of others. Ethical leaders demonstrate integrity, which builds trust with followers and allows them to accept the leader's vision. Values like honesty, fairness, and responsibility inform ethical leadership. Unethical leaders exhibit traits like pride and arrogance, while ethical leaders take ethics seriously, are people-oriented, and acknowledge mistakes. The document advocates for embedding empowered ethics into business processes to drive ethical behavior and outlines the benefits organizations gain from ethical leadership, like competitive advantage and sustained long-term growth.
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Ethical leadership
This document outlines key concepts related to ethical leadership, including what ethical leadership means, its importance, ethical theories and perspectives, principles of ethical leadership, elements of character, ethical decision making, challenges, developing ethical leadership, ethical dilemmas, responsibilities and traits of an ethical leader, and tips for improving organizational ethics. The objectives are to explain these ethical leadership concepts and how to apply them. Real-life examples are provided, such as analyzing Abraham Lincoln's ethical leadership as President of the United States. Overall the document serves as an introductory guide to the principles and practice of ethical leadership.
Ethical leadership
Introduction
Qualities of an ethical leader
Factors that enhance ethical leadership
Factors that diminish ethical leadership
Outcomes of ethical leadership
Future direction
Conclusion
Ethical leadership is directed by respect for ethical beliefs and
values and for the dignity and rights of others.
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Future direction
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- Environmental regulations exist but enforcement can be lax. Businesses must proactively manage their environmental footprint.
- Consumer protection laws are still evolving. Businesses must adopt transparent, ethical practices regarding advertising, pricing, quality,
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The document defines ethics and morality, and discusses the concept of corporate social responsibility (CSR). It outlines the objectives of defining ethics and morality, understanding CSR, examining the role of government policy and market forces in promoting CSR, and making the business case for CSR in small and medium enterprises. It then defines morality and ethics, discusses the pyramid and triple bottom line concepts of CSR, and examines the internal and external dimensions, benefits, criticisms, and ways to avoid criticisms of CSR activities.
business ethics.ppt
This document discusses business ethics, defining it as written and unspoken codes that guide moral decision-making in a company. It explains that ethics promote employee commitment, customer loyalty, and legal compliance while reducing costs. Swami Vivekanand believed ethics require not harming others and treating all with equal respect. Upholding integrity, fairness, dependability, and personal values helps ensure ethical management. Some ethical issues companies face relate to technology use, transparency, and working conditions. Overall, business ethics are important for long-term sustainability and growth by managing risks and maintaining credibility and trust.
B ethics and morals
1. This document discusses key concepts in business ethics including definitions of ethics and business ethics, the relationship between business and ethics, the importance of ethics in business, and values and leadership styles in an organizational context.
2. It defines ethics as principles of conduct and business ethics as evaluating decisions based on societal moral standards. It examines different views on the relationship between business and ethics from a profit-focused view to an integration view where business has social obligations.
3. The document emphasizes the importance of ethics in business, noting that ethical issues are inescapable and lack of ethics can damage business in the long-run. It also discusses types of values that influence business decisions and ethical leadership styles on a continuum from less
Business Ethics
The document discusses business ethics, including defining ethics, the importance of ethics in business, principles of business ethics, and factors that influence ethics such as culture, managerial values and attitudes, and sources of business ethics. It provides examples and explanations of key concepts in business ethics and outlines objectives, scope, and needs for incorporating ethics into business practices.
Ethics
This document discusses business ethics and its importance. It defines business ethics as a system of moral principles and values that guide business activities and interactions. Business ethics can be applied at the individual, organizational, and societal levels. Fostering good business ethics is important as it helps curb malpractices, improves consumer confidence, protects consumer rights, and creates a good image for businesses. The document outlines some ethical principles and tests to determine ethical versus unethical business practices. It emphasizes that having strong ethical values is essential for any civilized business or society.
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Presentation strategies for china business- nes(a)
Presentation strategies for china business- nes(a)
IBT LESSON 5 ETHICS, CORPORATE SOCIAL RESPONSIBILITY & SUSTAINABILITY.pptx
IBT LESSON 5 ETHICS, CORPORATE SOCIAL RESPONSIBILITY & SUSTAINABILITY.pptx
Raising the bar on ethical leadership-1
- 1. RAISING THE BAR ON ETHICAL LEADERSHIP Bradwell Mhonderwa Business Ethics Centre US Embassy FFT, 2 Sept 2014
- 2. “Show me an organization with integrity and I will show you unstoppable success” – Bill Gates
- 4. DISCUSSION OBJECTIVES • Define Ethical Leadership • Identify values that inform Ethical Leadership • Understand the role of leaders in shaping employee behavior • Attributes of ethical leaders • Traits of unethical leaders • Processes for managing ethics in an organization • Benefits of empowered ethics
- 5. DEFINITION Ethical leadership is leadership that is involved in leading in a manner that respects the rights and dignity of others. Leaders who are ethical demonstrate a level of integrity that stimulates leader trustworthy which is important for followers to accept the vision of the leader. -Wikipedia
- 6. VALUES THAT INFORM ETHICAL LEADERSHIP • Honesty-truthful, trustworthy, forthright • Fairness-decisions, personnel issues, stakeholder interests • Citizenship- compliance with laws, industry rules & regulations, company policies & procedures • Loyalty-avoid conflict of interest, insider trading, divulging company secrets for personal gain • Humility- relationships, engaging, involving, Responsibility- sound decision making, disclosure of material information/integrated reporting, CSR, ethics and governance issues/board composition/board training/leadership renewal.
- 7. Agenda Item : Directors Retirement Age discussion and decision...
- 8. ROLE OF LEADERS IN SHAPING EMPLOYEE BEHAVIOR • Tone at the top sets the ethics agenda • NBES report of 2009, by Ethics Resource Center in the US • Moral psychologists agree on exemplifying behavior • Professor LindaTrevino’s social learning and social exchange perspectives
- 9. ATTRIBUTES OF ETHICAL LEADERS • Take ethics seriously and model ethical behavior • people oriented: use their power to save stakeholder interests not personal interests • inspirational in nature • Acknowledge/own up to mistakes, including apologizing. Example: Marcus Agius, former Barclays Chairman
- 12. TRAITS OF UNETHICAL LEADERS • Pride • Arrogance • Egoistic • Deceptive Example: Bernie Ebbers and Ken Lay, former CEOs of WorldCom and Enron
- 15. LEVELS OF MISCONDUCT IN DIFFERENT ORGANIZATIONS
- 16. BUSINESS ETHICS EVOLUTION(GLOBAL TRENDS) Unethical mode 1st generation ethics 2nd generation ethics
- 17. EXISTING BUSINESS ENVIRONMENT IN THE COUNTRY • A high levels of unethical business practices • Predatory pricing of goods/services • Poor regulatory frameworks, • Focus on short-term gains at the expense of long term growth, • High consumptive tendencies at the expense of productivity, • Rent seeking and state capture • Manifest corporate greed.
- 18. CORPORATE GREED
- 19. ISAIAH 59:14-15 “So justice is driven back, and righteousness stands at a distance; truth has stumbled in the streets, honesty cannot enter. Truth is nowhere to be found, and whoever shuns evil becomes a prey”. Source: Revised InternationalVersion
- 20. ORGANIZATIONS NEED CHANGE • It can no longer be business as usual • Need for empowered ethics • Going beyond the simplistic view/naïve belief • Ethics anchored on measured leadership commitment • Ethics manned by Ethics Officers with requisite training • Ethics revolution
- 21. MAHATMA GANDHI “We must be the change we wish to see in the world.”
- 22. MARTIN LUTHER KING (JNR) “Our lives begin to end the day we choose to be silent about things that matter”.
- 24. EMBED EMPOWERED ETHICS IN BUSINESS PROCESSES • Report, investigate, reward, punish • Outcomes, processes, evaluation tools • Implement ethics processes • Examine level of ethics risk DEFINE PREVENT DETECTEVALUATE
- 25. HIGH PERFORMING ORGANIZATION ETHICAL LEADERSHIP • Sound strategies • Robust systems • Technical competence • Empowered ethics
- 26. BENEFITS OF ETHICAL LEADERSHIP • Competitive advantage • Increased productivity • Enhanced reputation • Community goodwill • Attract/retain competent staff • Access capital/cheap credit • International respect • Sustained long-term growth
- 27. CONCLUSION Ethical leadership anchors business performance. Like salt in water, it infuses ethics in businesses and communities. Ethical leadership must inform the conduct of every leader in business and every other sector of the economy. If organizations want to have employees who practice ethical behavior, leaders must model ethical behavior and embed strong ethics in their operations. THANKYOU.