Ethical Leadership in the Universal Business World

Ethics is the guiding force in any respectable organization. With a moral compass, especially in the leadership of organization, a company can become compromised and fall into a quagmire of legal issues, a tarnished reputation, and devaluation of company stock if it is a publically traded company. In pursuit of examine my own ethical lens I will analyze the ethical traits of an admired leader, my own traits as exhibited in the Ethical Lens Inventory, and how I make a decision concerning a particular ethical dilemma.

Leadership and business ethics are a powerful component of an organization’s success or failure. Before the corporate scandals such as Enron and WorldCom, success for organizations could be measured by profit and growth margins. There is a strong link between ethics and leadership because like ethics, it (what?) has been increasingly a topic of concern due to the risk in corporate downfalls and destruction based these two areas (Knights, p. 125 you might have mis-read this quote, since there’s a grammatical erroe in it. Check it again. ). Effective leadership is important in shaping the

This paper will first discuss briefly what ethics are and provide the definition for an ethical issue. An ethical leadership issue is identified and explained for this author’s practice area. We will then identify and discuss key strategies for leadership that are pertinent to the ethical issue. Next, empirical evidence which supports the strategies discussed will be analyzed. Then, the impact and importance of the strategies will be stated. The final step will be to provide a conclusion to the reader that summarizes the content and strategies.

Ethical leadership is commonly connected with characteristics like fairness and honesty, that can enable a person within an organization to do the right thing. In responding to the lack of attention to the ethical dimensions of positive leadership Brown and colleagues designed a definition for ethical leadership. They would define it as “the demonstration of normatively appropriate conduct through personal actions and interpersonal relationships, and the promotion of such

This paper will respond to three questions, “Are all managers leaders?” (Phillips & Gully, 2014, p. 425) “What are some common barriers preventing leaders from behaving ethically and how can these barriers be overcome?” (Phillips & Gully, 2014, p. 450) And “Is it possible for leadership substitutes to be effective?” (Phillips & Gully, 2014, p. 450)

My understanding of the seven tasks of the ethical leader in creating value for an organization’s stakeholders is that these seven tasks should lead as a guide to leaders. It is essential for leaders to be role models for their employees. A leader needs to not just think about themselves, but to consider how their actions will affect others, including the image of the company. Having a process for employees to address their concerns and feel they are being heard is very important for leading a team. This creates value and a feeling of belonging within a company. Developing key employees and utilizing their talents also gives them value as well as value for others. This raises the bar for them to step up and become role models as well. Always acting in the best interest of the company, even if it is letting someone go.

In generally, ethical leadership means that the leaders organized their company to a better performance ethically. Ethical leader need both knowledge and strong knowledge. Strong ethical leader must have the right kind of integrity and can make decision and lead ethically. Ethical leader is able to make the consideration and discussion of ethics or ethical questions and issues part of the culture of the group, organizations and initiative. Besides, ethical leader are ethical all the time, they’re ethical over time, proving again and again that ethics are an integral part of the

At the end of the day, the best explanation for fostering an ethical behavior is not a difficult one, but an encouraging approach by the leaders of the organization (Mullane 2009). Ethical behavior is essential and must be reflected in the leaders and shaped by those they led. Ethics-based approaches to leadership believes that the leader is not always the one with all the knowledge. Such an approach believes that the followers are just as important as the leader and that the followers should be the main focus and encouraged. Ethics-based approaches believe the leader should put aside his or her personal interests. The following pages will review some perspectives regarding ethical leadership.

Ethical leaders espouse moral values, altruism, civic virtue, good citizenship behavior and conscientiousness both in their personal and professional lives. They imbibe the same core values in their followers. They demonstrate moral judgement in their decision making process, influenced by the long term interest of the stake holders. Also ethical leaders hold their followers accountable for their conduct and establish a reward and vicarious learning process for ethical conducts

It is only during moral lapses and corporate scandals that interest groups and the broader public ask themselves the fundamental ethical questions, who are the managers of the organization and were they acting with the ethical guidelines. For a long time, the issue of ethics was largely ignored, with organizations focusing on profit maximization. However, this has changed, and much attention is now focused on ethics management by researchers and leaders. The issue of ethics has arisen at a time when public trust on corporate governance is low, and the legitimacy of leadership is being questioned. Leaders are expected to be the source of moral development and ethical guidance to their employees.

On the business level, her attributes resemble the qualities a company would desire for supervision and management positions. Applying a good ethical decision making process only empowers and benefits the company as a whole.

Leaders who are ethical are people-oriented, and also aware of how their decisions impact others, and use their social power to serve the greater good instead of self-serving interests.

“Ethical leadership is leadership that is directed by respect for ethical beliefs and values and for the dignity and rights of others. It is thus related to concepts such as trust, honesty, consideration, charisma and fairness.”

Leadership is by all means a special talent that not all people possess. A leader must also have ethics to be effective for the long term in the corporate world. These leaders generally implement ethical programs in order to influence an organizations climate (Yukl, 2010). I will evaluate the importance of ethical leadership and the role it plays into today’s organizations. In addition, I will discuss the repercussions a company may have when its leadership allows and even rewards unethical business practices. Lastly, I will apply my personal leadership perspective. My perspective will include the path-goal theory and ethical practices that I find important to

I will examine the importance of personal ethics in leadership and how ethics produce effective leaders in organizations today. The importance of understanding ethics, motivation to act as a role model and developing a plan of action for an organization are discussed because of their importance regarding development of good leadership. These key points suggest personal ethics positively affect leadership and when made a priority for leaders will produce ethical and effective leadership. With so many definitions of leadership, the question evolved from “what is the definition of leadership?” to “what is good leadership” (Ciulla, 2004, p. 13). To develop a system of values one must compile a list of the most important instrumental values and terminal values. These lists are unique to every individual because they are determined by personal importance. Instrumental values, such as honest, helpful, ambitious, responsible, etc. should reinforce terminal values. Once a leader’s means are consistent with desired goals, their value system is unified and they have climbed the staircase from the lobby to the first level of values. The climb from the first floor to the second floor results in a person incorporating principles into their newly developed values. Although values act as the bedrock of ethics, principles are required because alone, “values are far too vague to have much meaning in ethical analysis” (Cooper, 1998, p. 12). Morals are ideals that help us decipher between right