Importance of Business Ethics and Leadership in Decision Making

This presentation discusses the importance of business ethics and leadership in decision making. It highlights how maintaining ethics within the workplace helps businesses grow within society and the role of strong leadership in building relationships and shared purposes among employees. It also explores the impact of ethics in a global economy, social responsibility, stakeholder relationships, and different leadership styles such as charismatic and transformational. The presentation emphasizes the positive ethical climate created by ethical leadership and its impact on employee morale and the employee-leader relationship.

Comprehensive Strategy
Name of the Student
Name of the University
Author Note

Importance of business ethics
• It is important to maintain ethics within the work
place
• Will help the business to grow within the society
• Strong leadership qualities will allow the employees
in working in unity
• Decisions of leaders are taken with the help of
feedbacks

Leadership’s role in ethical decision
making
• The decisions taken in the organization have to be
done with strong leadership skills
• Helps in building relationships on a interpersonal
level
• Helps in building shared purposes among the
employees

Ethics in a global economy
• Global expansión of company requires business
ethics as well
• Helps in gaining competitive advantage
• Ethos results in greater equality among the employees
within the work place

Contd…
• Duties and responsibilities of employees have to be
clarified that allows in increasing their skill sets
• Employment opportunities can be created
• Business environment can be improved by increasing
loyalty

Social Responsibility
• Decisions taken by the leader needs to be validated
on an ethical basis
• Business will be responsible towards the society as
well
• Social responsibility will help in analysing the
individual capabilities

Stakeholder relationships
• Maintaining social responsibility will increase
stakeholder relationship
• Information of the company needs to be communicated
with stakeholders
• Communication with leaders will increase the ties with
the company

Charismatic leadership styles
• High sense of style and confidence
• Inspires other people to work hard
• Increases level of communication due to high skill-set
• Maturity of these leaders are also high

Transformational leadership styles
• These leaders motivate the employees through a
strong moral ground
• Innovation is inspired within the organization
• Their influence results in the employees reaching the
goals

Leadership traits and positive ethical
climate
• Ethical climate makes the working environment
feasible for employees
• Boosts morale of the employees
• Ethical leadership makes the work place impartial in
nature
• Employee and leader relationship is improved by
maintaining proper guidelines

Reference List
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