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T HE BOTTOM LINE is that there is no “good leadership” without ethical thinking. The thinking that powers leadership choices must be grounded in ethical values or the impact on important constituents will be overlooked. This book helps leaders “see” the ethical impact of their choices through 7 Lenses of Ethical Responsibility.
Furthermore, last time I checked a CEO can always be removed for lack of performance, or moral and ethical indiscretions, so what purpose do CEO term limits serve other than to disincentivize the CEO? Why would you ever want the person in charge of corporate leadership, vision and strategy to be a lame duck right from the get go?
The moral of this story is leaders need to be honest, have a demonstrated track record of success, be excellent communicators, place an emphasis on serving those they lead, be fluid in approach, have laser focus, and a bias toward action. Visit [link] to learn more about the leadership system. Kevin Excellent summary.
If your attitude is impeding your relationships, your talent, or your health, it might be time to consider making some changes…If you have any great stories about how attitudes impact leadership and morale please share them in the comments section below. Share and Enjoy: View Comments [link] William Powell So nice to see this being addressed.
Our responsibility is to respect the ethic. Furthermore, the enduring anchor of an organization is found in its values and ethics, not its mission. While values and ethics remain consistent, delivery models must change with time to in order to endure. Vision never drives mission. impact the competitive arena.
And the actions that these brands take to demonstrate their credibility must clearly illustrate a blend of corporate ethics and brand authenticity. And the ‘actual’ difference between ethical brands with a moral code and those exposed as being without one, is increasingly a key factor in consumer brand adoption or rejection.
It's not – Unless the request infringes upon our values, moral or ethical standards using no as a response is just intellectually lazy, avoidance or ego centric – imho [link] mikemyatt So Dan, tell me how you really feel All kidding aside, you and I are definitely on the same page here.
I don’t know about you, but it’s almost as if we have raised a generation of leaders who feel they have a moral and ethical obligation to be politically correct – WRONG. " used to be ingrained into the moral fabric of our society. How sad is this? Are these extreme statements?
Deal with inherited morale problems in a group. Secure financing for a key acquisition. Lead people from different cultures, gender, or racial or ethic backgrounds. Manage a new product launch or acquisition. Manage subordinate performance problems. High level of responsibility. Negotiate with a large customer.
By Webster’s definition it means “the steadfast adherence to a strict moral or ethical code; incorruptibility.&# In order to teach it, I must first define it. Integrity; from the Latin root word means “soundness, wholeness or completeness.” I shall teach my friend about that kind of integrity; one of incorruptibility!
In evaluating any relationship in the value chain I’m looking for value, talent, performance, leverage, efficiency, economy of scale, work ethic, integrity, character, discipline and many other traits irrespective of your skin color, age, etc. A sense of entitlement is not a substitute for work ethic and a desire to achieve.
AI presents exciting opportunities for businesses to become more client-focused and data-driven, but this technology still relies on humans to make morally sound decisions. If organizations don’t learn to address AI’s ethical deficits, they may cause irreparable damage to people’s lives.
Technorati Tags: women in business , employee morale , motivating employees , navigating change , business changes , women on business , businesswomen , business women , leadership , managing employees Related posts: Manufacturing Loyal Employees – Is it Possible? What are tips would you add to this list? Leave a comment and share your ideas.
This emotion can be a powerful motivator to instigate change, either by addressing the issue head-on or by moving to an environment that better reflects your moral compass. Let’s take Sarah, a finance executive I met through social media. It could be a practice in your workplace that goes against your core values.
The ‘actual’ difference between ethical brands with a moral code and those exposed as being without one, is increasingly a key factor in consumer brand adoption or rejection. Business has to be about more than just profit. People plus Planet’ and to quote a much-derided word ‘Purpose’ have to be in there too.
Strategic Plan includes provisions for refinancing, equity and debt financing. Finance charges are negotiated. Employees know their jobs, are empowered to make decisions and have high morale in carrying the company banner forward. The organization maintains and lives by an ethics statement. About the Author.
Hence, your incentives are largely just the same as everybody else at Davos: to perpetuate stale concepts like "profit," "product," and "output," the tired, toxic practices of "strategy," "finance," and "marketing." Moral vacuums tend to empower the amoral. Hence, the atmosphere of groupthink. You need a whole brain to be a human.
I would argue that it's not so much about misaligned incentives, as we might guess from standard economic theory, but rather because, from a behavioral perspective, hedge funds are "criminogenic" environments that can turn even ethical people into conscienceless sociopaths. Signal 2: Other Traders Aren't Acting Ethically.
The moral aspect is clear. Although this only concerns my personal finances, the fact that I serve as editor in chief of Harvard Business Review means I've implicitly accepted not only responsibility for defending the integrity of the institution, but also for having integrity myself. Life is full of ethical dilemmas.
12:53 PM Tuesday November 23, 2010 by Edward Hallowell | Comments () Email Tweet This Post to Facebook Share on LinkedIn Print If youre working — either from home or the office — over Thanksgiving, Im not sure whether to say, "Congratulations on your work ethic!" or "My condolences on your plight."
My contention, though, is that in looking at some of the beguilements — moral, even existential — beckoning to consultants over the last two decades, and at what we know about how Gupta responded to them, we might possibly begin to better understand how he could have gotten himself into the current mess.
The CFO-GC alliance has always been important because the finance function and the legal function are truly the nervous system of the corporation—sending critical signals to all parts of the company about the accuracy of the financials and compliance with law.
The Moral Frame. Whether in politics, finance, or business, there is growing concern that many leaders have lost their moral compass. Ever since Adam Smith wrote his 1759 book The Theory of Moral Sentiments , preceding The Wealth of Nations , we have known that unregulated capitalist values can be destructive.
Three finance professors once asked more than 400 executives what they would do if their quarterly earnings targets were at risk. A stuffed monkey was placed on top of the cube of the worker who had collected the most revenue, to keep morale high. This is also true of executives. Metrics emphasized speed.
The real difference could be even bigger, if you factor in other potential costs, such as litigation fees, regulatory fines, lower employee morale, and upset customers. Organizational productivity would likely even be greater if the manager hired the worker that was a bit less productive but had better corporate citizenship.”
Finance and technology professionals are the most vocal in expressing their concern that monitoring hampers productivity. The constant monitoring can create a toxic work environment, eroding morale and fostering an atmosphere of distrust. It’s a double-edged sword of suspicion and ignorance.
How much further should we extend ethics? Sadly, many of the perpetrators did not see lapses in ethics… it was legal and just business to them. By maintaining an awareness of further changing environments, there are further opportunities to be successful, ethical and move ahead of the competition.
You suspect that your finance colleague might be fudging numbers, your boss isn’t telling his manager the truth about an important project, or your co-worker is skipping out of the office early but leaving her computer on so it looks like she’s just down the hall. Sometimes you sense that something isn’t right at work.
I’m sure you’ll enjoy his wisdom about the intersection of character, trust, and ethics. We are prone to make bad, and sometimes unethical judgements when there is greater pressure to “get’er done,” versus to get things done ethically, safely, or legally. However, I refer to them as moral values.
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