ETHICAL UNETHICAL Ethical Leadership Course Objectives Explain What

ETHICAL UNETHICAL Ethical Leadership

Course Objectives • Explain What is meant by Ethical Leadership • Describe the Importance of Ethical Leadership • Explain What are Ethics • Explain the Various Ethical Theories • Explain the Ethical Leadership Perspectives of Leadership Scholars • Explain the Principles of Ethical Leadership • Describe the Various Elements of Character • Explain How to Make Ethical Decisions • List the Challenges of Ethical Leadership • Explain How to Develop Ethical Leadership in Leaders • Explain What is meant by Ethical Dilemmas • Explain the Four Paradigms of Dilemmas • Explain the Core Responsibilities of an Ethical Leader • List the Key Traits of an Ethical Leader • List the Tips to Improve Ethical Leadership in an Organization

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Introduction e of this the fac in s n io t s e u q ny daunting faced ma w o n r e ll u c S Lewinsky & this time in m : ir s f a w h c la u e s h , fraud to save t n e k a t e b ld u o of action sh n la p t a h W • rs and e y w la + 0 of crisis? 0 6 e h ave on t h t n e m le z z e b uld this em o w t c a p im t a • Wh pany? m o c e h t f o s e d by this e t c a other employe p im e b r e y & Scull k s in w e L f o n reputatio e h t ld u o w w o • H ve on a h fraud? y it iv t c a t n fraudule is h t f nts? o e s li c w e + n 0 0 e h , 0 t 4 1 ld s u ct wo siness of it u b d n a ip h • What impa s n er’s relatio ll u c S & y k s in Lew

Introduction e of this the fac in s n io t s e u q ny daunting faced ma w o n r e ll u c S Lewinsky & egrity t in d n a s ic : h s t a e Sculler’s & fraud, such y k s in w e L in se trust lo s t n e li c e h t company? e h t h • Would it w s ie t usiness and a n a C and break all b in n io reputat ’s m ir f e h t in u r h of trust c a e r b is h t ld u • Wo ncially a in f abroad? in a m e r d crisis an is h t e iv v r u s r e y & Scull k s in w e L ld u o • W been d a h s e r a stable? h s e s lient who c e h t r o f o d r y & Sculle k s in w e L n a y David? c b t t f e h t d n a • Wha d e the frau t a u t e p r e p o t used

Introduction above e h t m o r f d n a st You can under not is l’ a ic h t ‘e g in e situation that b l in any ia c u r c o ls a t u b only important business. to the in d e t a r g e t in e Ethics should b ch and a e f o g in k r o w y basic day-toda ation. iz n a g r o n a f o e every employe

Introduction up the s e o g e n o s a , However rarchy, it ie h l a n io t a iz n a org that an l ia c u r c s e m o bec hical t ‘e e v a h ld u o organization sh d preach n a w o ll o f o h w leaders’ ship’. ‘ethical leaders le e s e h t is it e This is becaus ees and y lo p m e e h t d who lea guide them.

Introduction es not lv e s m e h t e r a s r So if the leade n cannot io t a iz n a g r o e ethical, th s of e n li e h t n o n io t expect to func alues. v l a r o m d n a s ethic out Let us learn ab ’ p i h s r e d a e L l a ‘Ethic in detail.

What is meant by Ethical Leadership? Ethical Leadership means using ethics and making an ethical decision in situations that are faced by leaders. It means keeping in mind several ethical perspectives while providing the overall leadership guidance to subordinates and the also the job responsibilities performed by leaders. Ethical leadership helps leaders to make ethical decisions and be an ethical leader.

Importance of Ethical Leadership They also aim to gain returns that benefit the firm, its stakeholders, and the CEO, at the same time obtaining everything within the purview of ethics and moral principles. You can understand from the above situation that being ‘ethical’ is not only important but also crucial in any business. Ethics should be integrated into the basic day-today working of each and every employee of an organization.

Virtue-Based Approach Virtue-based Approaches (Theories related to Leaders’ Character) • • ‘Virtue-based Theories’ or the ‘Virtue-based Approach’ is related to who the leader is and is based on the leader’s character. However, you should keep in mind that an individual can learn these virtues and retain them through experience and practice.

Deontological Theories (Theories related to Duty or Rules ) • • ‘Deontological Theories’ are related to duty or rules. Hence, ‘Deontological Theories’ are more concerned with the actions that lead to consequences and whether the actions are good or bad.

Respect for Others • Respect for Others: o As per this principle of ethical leadership, leaders can be ethical when they treat others with dignity and respect. o Hence, ethical leaders do not treat people as means to their own ends. o Ethical leaders believe that followers have goals and ambitions.

What is meant by ‘Character’ in Ethical Leadership? The following are some of the key attributes of a ‘good character’: Inspiring Honesty Integrity Obedience Loyal Courageous Responsibility Tactful Respect Trustworthiness

Real Life Example You will now try to understand how Abraham Lincoln, the renowned American President was not only a great leader but also a great ethical leader. Abraham Lincoln was born on February 12, 1809. He became the 16 th President of the United States. His tenure as the President of the United States lasted from March 1861 until his assassination in April 1865.

What is meant by Ethical Dilemmas? When an ethical leader is faced with a situation where his important moral values come into conflict and the leader has to make a choice between these values, then the situation is an ‘Ethical Dilemma’. Hence, for example, sometimes the leader may have to choose between two values that are important such as success and honesty. So, in such situations the leader should assign priorities to values and one takes precedence over the other. However, it is crucial that the leader should take care to balance between both the values in order to avoid unethical decision making.

Being Aware of One's Weaknesses 1 6 2 7 3 4 5 • Being Aware of One's Weaknesses: o An ethical leader is aware of his strengths and is also aware of his weaknesses. o Only when a person knows his weakness, he will be able to compensate for that weakness. Being Aware of One's Weaknesses 8 9 10

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