Ethical Leadership in Business Ethics

Ethical Leadership

Development of ethical and leadership principles together.

Symbiotic Relationship

Interdependent connection between ethics and leadership.

Authority

Ability to motivate or change someone's actions.

Formal Authority

Power derived from position or title.

Competence Theory

Authority based on knowledge and skills.

Acceptance Authority

Influence gained through others' acceptance.

Boss

Influences through orders and external rewards.

Leader

Motivates internally, focusing on leadership qualities.

Transformational Leadership

Leadership style that inspires and motivates employees.

Employee Retention

Lower turnover linked to effective leadership.

C-Suite Executives Survey

91% value culture in organizations.

Organizational Value

Improved by enhancing company culture.

Culture Disconnect

54% see it as a deal-breaker in acquisitions.

Moral Hazards

Risks arising from incentives that encourage unethical behavior.

Praise in Public

Recognize achievements openly to motivate.

Criticize in Private

Address shortcomings discreetly to maintain morale.

Stretching vs. Snapping

Avoid overextending limits to maintain productivity.

Community vs. Individual Needs

Balance collective and personal interests.

Growth Mindset

Pursue development while staying present.

Define Values

Clearly articulate and realign actions to core values.

Build Virtues

Consistently display personal strengths and ethics.