Ethical leadership requires a certain degree of personal character as well as passion- not just for making money, but for the intended purpose of the corporation and the people involved. Traits like trust, empathy, honesty, and a certain degree of selflessness are all required of a strong, ethical leader. These core values paired with a true sense of caring and passion for the work you do set the stage for a ethical leader.
I believe that one of the main keys to success in a company is open communication. By continually keeping employees educated on corporate policies and ethics, it reinstates how important those values are in that organization.
I agree with Point Park’s President that ethical leadership is based on honesty and transparency and that starts with leaders. It is easy to follow a company’s overall goals and visions if the top people at the company are worth trusting and follow through on the integrity they promise.
To me, ethical leadership, means an honorable and honest individual who sets the tone and the standards for the company. It means a person that is willing to do the right thing and stand firmly behind that decision. It is very easy to be dragged down by the simple unethical choices facing us throughout our lives, but ethical leaders will stand strong and hold fast to their strong sense of what is right. This can set the entre tone for a company or an organization and can trickle down throughout all employees. This was touched on in this video via its commentary on consequences of such actions.
Ethical leadership, to me, comes down to reliability, respect and accountability. An ethical leader can be relied on by employees to do the right thing and set an example for the rest of the organization. Ethical leadership also involves respecting employees and maintaining an environment where they feel comfortable and that their effort is appreciated. Additionally, an ethical leader is accountable for ensuring that the rest of the organization understands the code of conduct and enforces it.
Reinforcement of business ethics standards on a recurring basis helps for employees of corporations to see that their leaders really care that the company is run ethically. It takes more than a simple information letter to employees to communicate the company's ethical values. Managers should hold face to face meetings with their employees to discuss the implications of business decisions from an ethical point of view. Honesty and integrity are the foundations of ethical behavior.
An ethical leader encompasses multiple traits to grow and sustain their company. By showing the interest in the employees working for the greater good of the organization, a leader can learn volumes. An ethical leader is transformative and cares about those that work for him, creating an open environment with opportunities to share ideas for growth. They do not act in their best interest but rather the best interest of the company; and, they allow all members of the team from top to bottom to take ownership of the success. Lastly, they are transparent. They do not shy away from the difficult times and relay truthful messages to their team. An ethical company starts at the top with its highest leader.
(Virginia Talotta) Ethical leadership involves many different traits and skillsets. "Integrity, saying what you mean and meaning what you say", is the most important statement to take from this video as it sets the stage for creating an ethical corporate culture. Greed and gluttony sometimes takes over even with the most ethical people. Their own interests takes presidence over the company's interests as a whole.Group settings should be promoted because it helps to instill honesty and integrity.
Robert Flynn (MBA 574 SBPD). Ethical Leadership to me means leading people along an honest path. It may not be the path of least resistance, but it is the road to travel if you want integrity to cascade throughout your organization. Many of us are raised to know the difference between right and wrong, and we may feel that everyone has these same values instilled into their core. This isn't always the case, and companies need to teach ethics to ensure their employees remain on the right path.
Communication is an important tool in ethical leadership. Leaders have to strive for open dialogue with stakeholders on a continuos basis. Lack of communication gives place to unethical practices and makes management less accountable for it actions. It is important ot intergrate ethics in all business courses. Increasing the visbility of ethical practices and stressing on the benefits of ethical leadership will hopefully reduce the number of scandals in the future.
Ethical leadership is combination of values and characteristics one has that is used to help build an organization to its full potential. An ethical leader is not only morally in tact but they tend to have only the best interest for the organization in mind when dealing with business. Characteristics that help build this type of leader includes honesty, teamwork, communication and dependability. These characteristics can make or break an organization as seen with Disney (make) and Enron (break).
(Les Strong) Enron truly is a cautionary tale about how poor business ethics can cause harm from both a micro and macro economic perspective. Although I believe ethics should be taught to someone at youth, I also understand the difficulty to do so, especially for large corporations who have pressure to generate profits and keep operating costs low. Ultimately, I agree with Mr. Kraus when he says a class in business ethics is required because it shouldn't be assumed people know how to be ethical.
Ethical leadership is unparalleled in value to a company. Consumers, investors, and employees are - by human nature - able to relate themselves to supporting companies who are honest, truthful, and giving back. Loopholes and secrets also tend to pull human heartstrings but usually trigger negative connections. One little slip could destroy not only a company's reputation - but finances and general well-being are also greatly at risk.
I agree that Ethics leadership needs to be taught more in business schools and should rely less on company handbooks. I think one key to accomplishing more ethical standards would be to look at the example from Pittsburgh Zoo where they are quite clear and transparent with team members and allow for a free flow and exchange of ideas and reviews of company procedures.
Krause made a good point when he said that corporations cannot assume that every new hire they have and every employee they have has an understanding of what ethical behavior is so they offer classes online and in a classroom to help define what it is that Heinz expects from all employees.
I agree that ethical leadership training is very important in all businesses. Heinz sets a great example to other companies by sending out newsletters and having their in house attorneys perform personal training to management at all of their facilities. I think that more companies should follow this example.
Ethical leadership is essential in today's business world. We see so many examples of companies that failed to behave ethically and in turn, end up as case studies. It is not sustainable to behave unethically in business. If the numbers don't add up, and there is money missing, the trail will always lead back to the perpetrator. It's not a matter of 'if', but a matter of 'when'. Furthermore, people tend to fall under "group think". If the leader sets an ethical tone, employees are bound to follow suit. The more leaders and companies pave an ethical path, the more that entire industries will follow.
Here is an article on the benefits of ethical leadership. The was posted by the National Ethics Association. www.ethics.net/a/five-benefits-of-ethical-leadership
In my opinion, ethical leadership consists of many different personality traits. I believe responsibility is very important. When someone is thrust into a leadership position, they must recognize the importance of their position & of acting responsible. This means doing what’s best for the shareholders and the general public, regardless of how it may personally affect the person in charge. Too many executives do dirty things in order to save their own selves.
Ultimately it comes down to a question of vice or virtue. Are you concerned with short term profits and self-serving interests? Or do you want to build a sustainable organization that is not only profitable but also an asset for your community? Communication and transparency are two of the most important aspects of an ethically sound and sustainable business.
An ethical leader creates an environment for his or her employees. They create a set of core values for the everyone to follow and sets high standards of what is right and what is wrong. Ethical leadership helps avoid situations like what happened at Wells Fargo.
Below is a link of a radio broadcast on a South African radio station. Africa isn't left behind in the struggle to educate and train students to become the continents ethical leaders. .
In my opinion, Ethical Leadership means leading by making decisions based on and with respect to the rightness and wrongness of certain actions within a particular system or culture.
The Center for Ethical Leadership's website provides articles and organizations that support ethical relationships and can help others define for themselves what ethical leadership is.
Robert Flynn (MBA 574 SBPD). I am attempting to post two articles, but I am receiving an error message when I attach the links. The articles are: "Ethical Leadership: An Operating Manual" and "Is That Ethical? Italian Cruise Disaster Sparks Leadership Questions."
Ethical Leadership means a variety of things, rather than one set definition. It means to be accountable for your actions in all aspects: in terms of profits, in terms of the quality of goods, in terms of employee conditions, and in terms of morality, which can also be broken down into world, community, etc. An ethical leader is never fully satisfied with a current situation--he/she is always looking for ways to improve some aspect--but at NO cost to others, for example, to create a better product but cause worse conditions for employees would NOT be ethical. An ethical leader uses the mission and vision of the corporation to set and accomplish goals while keeping everyone even remotely involved on the same page in terms of goals and how to accomplish them. An ethical leader is ready to make changes, he/she is always evolving as is the world and the marketplace.
An ethical leader does his/her part in following their values, dreams and passion to perfection. They never stray from their visions for whatever company they are head of. They do all this while also ensuring their employees and team leaders are following the same ethical values throughout the entire organization. All in all, they stay true to their beliefs for the company day in and day out.
MY REPORT CARD IN ATENEO DE ZAMBOANGA UNIVERSITY IS FULL OF GENUINITY. WHEN I RENDERED MY VOLUNTEER DUTY IN ZAMBOANGA CITY MEDICAL CENTER, IT'S FOR ME TO HELP PATIENT'S WHO CAN'T AFFORD PRIVATE HOSPITAL HEALTHCARE.
I find a couple points in this video particularly useful -- the importance of transparency in organizational discussions and decision-making as a foundation of ethical leadership, and the challenge of calling out situations that veer into unethical behavior. As Kraus states, "It takes a lot of moral courage to step up and say, 'Something is not right.'"
I like that Heinz produces online training tools to all employees. I also find it interesting that he himself travels all over the world to different heinz operations to train the employees in person. Agreeing with Paul, I feel that ethical behavior can really be simplified into honesty and transparancy.
This is interesting. Mr. Skilling says he was acting in the best interests of his shareholders. And how was that exactly? Clearly by NOT following the ethical standards that a company like Heinz sets forth in this video. I like the fact that the "code of ethics" is considered not to be some antiquated, obtuse tome by Heinz, but a living, breathing, organism, capable not only of growth, but to positively effect the people it's there to serve. Honesty needs to be discussed and honed.
Ethical leadership means conducting yourself admirably and knowing the difference between right and wrong whether or not you are a leader of a country or a Fortune 500 company. Poor decisions only lead to unethical behavior and poor leadership.
An effective leader is one who goes above and beyond the call of duty to provide top-notch leadership to his company while also maintaining ethical business operations within and outside of the corporation. Being an ethical leader means doing business in a way which goes so far as to boost corporate image, making sure to care for the economy, the consumers, conglomerates, and the business itself.
This is an interesting article on Forbes from just yesterday about the important of teaching ethics in business schools. Perhaps we'd end up with less Enrons and Madoffs if schools placed more emphasis on how to be an ethical leader. (it won't let me post a link, so the article is titled "Paying More Than Lip Service to Business Ethics" by Doug Guthrie on Forbes.)
Ethical leadership is incredibly important in organizations. When a leader demonstrates honesty, transparency, and integrity then the members in that organization will trust the leader and ultimately follow the leader. Communication in group settings also emphasizes honestly and transparency, which eliminates decisions to be made behind closed doors.
The lack of ethical leadership in a company can break the entire structure, losing public trust quickly. It's important for leaders to practice ethical leadership in order to effectively manage a company.
A lot is being said lately comparing the debacle with the VW scandal to the Enron scandal. Both are examples of unethical behavior. It is unlikely that this scandal will be the end of VW the same way the Enron scandal lead to its ultimate downfall. I do believe that it will be interesting to see just how the recent events will play out and what the long term effects will be for VW.
Ethical leadership requires a certain degree of personal character as well as passion- not just for making money, but for the intended purpose of the corporation and the people involved. Traits like trust, empathy, honesty, and a certain degree of selflessness are all required of a strong, ethical leader. These core values paired with a true sense of caring and passion for the work you do set the stage for a ethical leader.
I liked the point that President Hennigan made about transparency. I think that is an extremely important aspect of ethical leadership.
I believe that one of the main keys to success in a company is open communication. By continually keeping employees educated on corporate policies and ethics, it reinstates how important those values are in that organization.
I agree with Point Park’s President that ethical leadership is based on honesty and transparency and that starts with leaders. It is easy to follow a company’s overall goals and visions if the top people at the company are worth trusting and follow through on the integrity they promise.
To me, ethical leadership, means an honorable and honest individual who sets the tone and the standards for the company. It means a person that is willing to do the right thing and stand firmly behind that decision. It is very easy to be dragged down by the simple unethical choices facing us throughout our lives, but ethical leaders will stand strong and hold fast to their strong sense of what is right. This can set the entre tone for a company or an organization and can trickle down throughout all employees. This was touched on in this video via its commentary on consequences of such actions.
Ethical leadership, to me, comes down to reliability, respect and accountability. An ethical leader can be relied on by employees to do the right thing and set an example for the rest of the organization. Ethical leadership also involves respecting employees and maintaining an environment where they feel comfortable and that their effort is appreciated. Additionally, an ethical leader is accountable for ensuring that the rest of the organization understands the code of conduct and enforces it.
Reinforcement of business ethics standards on a recurring basis helps for employees of corporations to see that their leaders really care that the company is run ethically. It takes more than a simple information letter to employees to communicate the company's ethical values. Managers should hold face to face meetings with their employees to discuss the implications of business decisions from an ethical point of view. Honesty and integrity are the foundations of ethical behavior.
An ethical leader encompasses multiple traits to grow and sustain their company. By showing the interest in the employees working for the greater good of the organization, a leader can learn volumes. An ethical leader is transformative and cares about those that work for him, creating an open environment with opportunities to share ideas for growth. They do not act in their best interest but rather the best interest of the company; and, they allow all members of the team from top to bottom to take ownership of the success. Lastly, they are transparent. They do not shy away from the difficult times and relay truthful messages to their team. An ethical company starts at the top with its highest leader.
(Virginia Talotta) Ethical leadership involves many different traits and skillsets. "Integrity, saying what you mean and meaning what you say", is the most important statement to take from this video as it sets the stage for creating an ethical corporate culture. Greed and gluttony sometimes takes over even with the most ethical people. Their own interests takes presidence over the company's interests as a whole.Group settings should be promoted because it helps to instill honesty and integrity.
Robert Flynn (MBA 574 SBPD). Ethical Leadership to me means leading people along an honest path. It may not be the path of least resistance, but it is the road to travel if you want integrity to cascade throughout your organization. Many of us are raised to know the difference between right and wrong, and we may feel that everyone has these same values instilled into their core. This isn't always the case, and companies need to teach ethics to ensure their employees remain on the right path.
Communication is an important tool in ethical leadership. Leaders have to strive for open dialogue with stakeholders on a continuos basis. Lack of communication gives place to unethical practices and makes management less accountable for it actions.
It is important ot intergrate ethics in all business courses. Increasing the visbility of ethical practices and stressing on the benefits of ethical leadership will hopefully reduce the number of scandals in the future.
Ethical leadership is combination of values and characteristics one has that is used to help build an organization to its full potential. An ethical leader is not only morally in tact but they tend to have only the best interest for the organization in mind when dealing with business. Characteristics that help build this type of leader includes honesty, teamwork, communication and dependability. These characteristics can make or break an organization as seen with Disney (make) and Enron (break).
(Les Strong) Enron truly is a cautionary tale about how poor business ethics can cause harm from both a micro and macro economic perspective. Although I believe ethics should be taught to someone at youth, I also understand the difficulty to do so, especially for large corporations who have pressure to generate profits and keep operating costs low. Ultimately, I agree with Mr. Kraus when he says a class in business ethics is required because it shouldn't be assumed people know how to be ethical.
Ethical leadership is unparalleled in value to a company. Consumers, investors, and employees are - by human nature - able to relate themselves to supporting companies who are honest, truthful, and giving back. Loopholes and secrets also tend to pull human heartstrings but usually trigger negative connections. One little slip could destroy not only a company's reputation - but finances and general well-being are also greatly at risk.
I agree that Ethics leadership needs to be taught more in business schools and should rely less on company handbooks. I think one key to accomplishing more ethical standards would be to look at the example from Pittsburgh Zoo where they are quite clear and transparent with team members and allow for a free flow and exchange of ideas and reviews of company procedures.
Krause made a good point when he said that corporations cannot assume that every new hire they have and every employee they have has an understanding of what ethical behavior is so they offer classes online and in a classroom to help define what it is that Heinz expects from all employees.
I agree that ethical leadership training is very important in all businesses. Heinz sets a great example to other companies by sending out newsletters and having their in house attorneys perform personal training to management at all of their facilities. I think that more companies should follow this example.
Ethical leadership is essential in today's business world. We see so many examples of companies that failed to behave ethically and in turn, end up as case studies. It is not sustainable to behave unethically in business. If the numbers don't add up, and there is money missing, the trail will always lead back to the perpetrator. It's not a matter of 'if', but a matter of 'when'.
Furthermore, people tend to fall under "group think". If the leader sets an ethical tone, employees are bound to follow suit. The more leaders and companies pave an ethical path, the more that entire industries will follow.
Here is an article on the benefits of ethical leadership. The was posted by the National Ethics Association.
www.ethics.net/a/five-benefits-of-ethical-leadership
In my opinion, ethical leadership consists of many different personality traits. I believe responsibility is very important. When someone is thrust into a leadership position, they must recognize the importance of their position & of acting responsible. This means doing what’s best for the shareholders and the general public, regardless of how it may personally affect the person in charge. Too many executives do dirty things in order to save their own selves.
Ultimately it comes down to a question of vice or virtue. Are you concerned with short term profits and self-serving interests? Or do you want to build a sustainable organization that is not only profitable but also an asset for your community? Communication and transparency are two of the most important aspects of an ethically sound and sustainable business.
An ethical leader creates an environment for his or her employees. They create a set of core values for the everyone to follow and sets high standards of what is right and what is wrong. Ethical leadership helps avoid situations like what happened at Wells Fargo.
www.npr.org/2016/10/04/496508361/former-wells-fargo-employees-describe-toxic-sales-culture-even-at-hq
Below is a link of a radio broadcast on a South African radio station. Africa isn't left behind in the struggle to educate and train students to become the continents ethical leaders.
.
In my opinion, Ethical Leadership means leading by making decisions based on and with respect to the rightness and wrongness of certain actions within a particular system or culture.
The Center for Ethical Leadership's website provides articles and organizations that support ethical relationships and can help others define for themselves what ethical leadership is.
Robert Flynn (MBA 574 SBPD). I am attempting to post two articles, but I am receiving an error message when I attach the links. The articles are: "Ethical Leadership: An Operating Manual" and "Is That Ethical? Italian Cruise Disaster Sparks Leadership Questions."
Ethical Leadership means a variety of things, rather than one set definition. It means to be accountable for your actions in all aspects: in terms of profits, in terms of the quality of goods, in terms of employee conditions, and in terms of morality, which can also be broken down into world, community, etc. An ethical leader is never fully satisfied with a current situation--he/she is always looking for ways to improve some aspect--but at NO cost to others, for example, to create a better product but cause worse conditions for employees would NOT be ethical. An ethical leader uses the mission and vision of the corporation to set and accomplish goals while keeping everyone even remotely involved on the same page in terms of goals and how to accomplish them. An ethical leader is ready to make changes, he/she is always evolving as is the world and the marketplace.
An ethical leader does his/her part in following their values, dreams and passion to perfection. They never stray from their visions for whatever company they are head of. They do all this while also ensuring their employees and team leaders are following the same ethical values throughout the entire organization. All in all, they stay true to their beliefs for the company day in and day out.
MY REPORT CARD IN ATENEO DE ZAMBOANGA UNIVERSITY IS FULL OF GENUINITY. WHEN I RENDERED MY VOLUNTEER DUTY IN ZAMBOANGA CITY MEDICAL CENTER, IT'S FOR ME TO HELP PATIENT'S WHO CAN'T AFFORD PRIVATE HOSPITAL HEALTHCARE.
I find a couple points in this video particularly useful -- the importance of transparency in organizational discussions and decision-making as a foundation of ethical leadership, and the challenge of calling out situations that veer into unethical behavior. As Kraus states, "It takes a lot of moral courage to step up and say, 'Something is not right.'"
I like that Heinz produces online training tools to all employees. I also find it interesting that he himself travels all over the world to different heinz operations to train the employees in person. Agreeing with Paul, I feel that ethical behavior can really be simplified into honesty and transparancy.
This is interesting. Mr. Skilling says he was acting in the best interests of his shareholders. And how was that exactly? Clearly by NOT following the ethical standards that a company like Heinz sets forth in this video. I like the fact that the "code of ethics" is considered not to be some antiquated, obtuse tome by Heinz, but a living, breathing, organism, capable not only of growth, but to positively effect the people it's there to serve. Honesty needs to be discussed and honed.
Ethical leadership means conducting yourself admirably and knowing the difference between right and wrong whether or not you are a leader of a country or a Fortune 500 company. Poor decisions only lead to unethical behavior and poor leadership.
An effective leader is one who goes above and beyond the call of duty to provide top-notch leadership to his company while also maintaining ethical business operations within and outside of the corporation. Being an ethical leader means doing business in a way which goes so far as to boost corporate image, making sure to care for the economy, the consumers, conglomerates, and the business itself.
This is an interesting article on Forbes from just yesterday about the important of teaching ethics in business schools. Perhaps we'd end up with less Enrons and Madoffs if schools placed more emphasis on how to be an ethical leader. (it won't let me post a link, so the article is titled "Paying More Than Lip Service to Business Ethics" by Doug Guthrie on Forbes.)
Ethical leadership is incredibly important in organizations. When a leader demonstrates honesty, transparency, and integrity then the members in that organization will trust the leader and ultimately follow the leader. Communication in group settings also emphasizes honestly and transparency, which eliminates decisions to be made behind closed doors.
The Simpsons reference makes this video!
The lack of ethical leadership in a company can break the entire structure, losing public trust quickly. It's important for leaders to practice ethical leadership in order to effectively manage a company.
A lot is being said lately comparing the debacle with the VW scandal to the Enron scandal. Both are examples of unethical behavior. It is unlikely that this scandal will be the end of VW the same way the Enron scandal lead to its ultimate downfall. I do believe that it will be interesting to see just how the recent events will play out and what the long term effects will be for VW.