1 Ethical Principles and Business DecisionsWavebreak Medi.docx
Ethics, Leadership, & the Organization
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2. Leadership & Ethics Ethical Behavior James Crawford [email_address] [email_address]
3. What, then, is Ethics? Ethics is two things. First, ethics refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues. Ethics, for example, refers to those standards that impose the reasonable obligations to refrain from rape, stealing, murder, assault, slander, and fraud. Ethical standards also include those that enjoin virtues of honesty, compassion, and loyalty. And, ethical standards include standards relating to rights, such as the right to life, the right to freedom from injury, and the right to privacy. Such standards are adequate standards of ethics because they are supported by consistent and well-founded reasons. Secondly, ethics refers to the study and development of one's ethical standards. As mentioned above, feelings, laws, and social norms can deviate from what is ethical. So it is necessary to constantly examine one's standards to ensure that they are reasonable and well-founded. Ethics also means, then, the continuous effort of studying our own moral beliefs and our moral conduct, and striving to ensure that we, and the institutions we help to shape, live up to standards that are reasonable and solidly-based . Source: http://www.scu.edu/ethics/practicing/decision/whatisethics.html
4. Ethical Decision Making Framework Source: Ferrell, O., Fraedrich, J. , Ferrell, L. (2008). Business Ethics. Ethical Decision Making and Cases (7 th ed.). Houghton Mifflin Company. Boston. Ethics or Unethical Behavior Opportunity Organizational Factors Organizational Factors Business Ethics Evaluations and Intentions Individual Factors Ethical Issue Intensity
5. Ethical Decision Making Source: Ferrell, O., Fraedrich, J. , Ferrell, L. (2008). Business Ethics. Ethical Decision Making and Cases (7th ed.). Houghton Mifflin Company. Boston.
6. “ Leadership, the ability or authority to guide or direct others toward achievement of a goal, has a significant impact on ethical decision making.” Leadership in a Corporate Culture Source: Ferrell, O., Fraedrich, J. , Ferrell, L. (2008). Business Ethics. Ethical Decision Making and Cases (7th ed.). Houghton Mifflin Company. Boston.
7. Critical Thinking: Can a leader make ethical decisions without these traits? Explain. Source: http://josephsoninstitute.org/MED/index.html Leadership Traits for Ethical Decision Making
9. Leadership Styles Leadership Styles Critical Thinking: Which style is most effective? Least effective? Why? Source: http://www.gp-training.net/training/leadership/results.htm
11. Transactional Leadership vs. Transformational Leadership Spark Question: Can transformational leadership be unethical? Source: http://www.theahriproshop.com/ss.html
12. 1.Ethical leaders have strong personal character. 2. Ethical leaders have a passion to do right. 3.Ethical leaders are proactive. 4.Ethical leaders consider stakeholders' interests. 5.Ethical leaders are role models for the organization's values. 6.Ethical leaders are transparent and actively involved in organizational decision making. 7.Ethical leaders are competent managers who take a holistic view of the film's ethical culture. Source: http://www.ar.cc.mn.us/gallop/S08%20Chapter%20Summaries/Chapter%205.pdf 7 Habits of Strong Ethical Leaders
13. Strong Personal Character Source; http://www.google.com/imgres?imgurl=http://1.bp.blogspot.com/_y8ag4VGcCHo/Sul0oeAM7zI/AAAAAAAACr8/T9lwZaHmErA/s200/lbj.jpg&imgrefurl=http://mikecorthell.blogspot.com/2009_10_01_archive.html&usg=__JVyp9UGL1o6PdlkqWq1Y_apWGp4=&h=176&w=200&sz=12&hl=en&start=110&zoom=1&tbnid=u5kjzOnsO9NLaM:&tbnh=137&tbnw=159&prev=/images%3Fq%3DEthical%2BLeaders%2Bbefore%2B1960%26um%3D1%26hl%3Den%26sa%3DN%26biw%3D1260%26bih%3D632%26tbs%3Disch:10%2C3034&um=1&itbs=1&iact=hc&vpx=371&vpy=204&dur=1859&hovh=140&hovw=160&tx=31&ty=167&ei=pnWATJTMDJH4sAO9tIDXBA&oei=g3WATILWFYr0swPJtNHVBA&esq=7&page=7&ndsp=20&ved=1t:429,r:1,s:110&biw=1260&bih=632
20. The world has been utterly transformed in recent years by a phenomenon affecting us all, what we call globalization. Although there was a time when it was possible for citizens of one country to think of themselves as owing no obligation to the people of other nations, admittedly that was long ago. Today national borders have less meaning as issues of trade, environment, and health, along with incredible technological advances of the last century, have left us with a legacy of connectedness we cannot ignore. Spark Question: Assume you’re the leader of a Transnational Corp. What is your organizations policy for global ethics? Source: http://www.cceia.org/resources/transcripts/164.html
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