Ethical Leadership

Ethical Leadership

Emphasis on development of both ethical principals and leadership principals, plus understanding the symbiotic relationship between the two.

• EX) leadership principals often focus on developing virtues, recognizing rights, etc.

Sources of Authority

the ability to motivate or change how someone acts

• Position/Title (formal authority)

• Knowledge/Skills (competence theory)

• Acceptance by others

Non-inclusive

Boss

Authority comes from formal authority. May or may not possess other elements of authority. Influences actions by giving orders — Motivates through external rewards/punishments.

Leader

May have formal authority but has competence/acceptance authority.

• Influences by creating internal motivation.

• Consistently focuses on demonstrating leadership qualities and can bring out the best in others.

Tangible Benefits of Focusing on Leadership

Lower turnover

Higher employee creativity/motivation

Institutional buy-in

Lower turnover

Studies find a positive relationship between transformational leadership and employee retention

Some studies indicate that every time a business replaces a salaried worker, it costs 6-9 months of wages

• Cost of Recruiting

• Retraining

• Loss of productivity

• Loss of Morale

Principles of Leadership

Pay attention to incentives (and avoid moral hazards)

Don’t compare to others – compare to potential

Build strengths. Minimize weaknesses without harping on them

Praise in public, criticize in private

Be honest about your own shortcomings

Balance oversight with autonomy

Be aware of the fine line between stretching and snapping

Productivity stops (or slows way down) if you or the ones you lead are not healthy

Balance community needs with individual needs

Create agency and buy-in

Always seek growth, while remaining in the present moment

Clearly define values and consistently realign to the values

Build your own virtues and display them consistently