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Leadership in Business Ethics and Styles in Management

   

Added on  2023-06-13

16 Pages2697 Words484 Views
Running head: LEADERSHIP
Leadership
Name of the student:
Name of the university:
Author note
Leadership in Business Ethics and Styles in Management_1
1LEADERSHIP
Assessment 1
Answer 1
“Business ethics” is a concise, but in many ways misleading, label for an interdisciplinary
field covering a vast range of normative issues in the world of commerce. The label lends itself
most directly to a core set of questions about how individuals in the business world ought to
behave, or what principles they might appeal to in order to negotiate moral dilemmas at work.
Answer 2
Trust: When an organization’s leader is reliable, willing to admit mistakes and
trustworthy, subordinates tend to have confidence in leadership. Employees believe that leaders
will keep promises and therefore are willing to commit to the organization’s goals as well.
Relationships: Ethical leadership creates and maintains a safe work environment for the
workforce. All employees get treated with dignity and respect, regardless of their level in the
organization. This type of leadership enables fair and equal opportunity for promotion, following
local, state and federal regulations prohibiting discrimination for ethnicity, gender or age.
Answer 3
The personality to defy group-think
Good leaders display certain personality traits that are common across cultures and
history; those of intelligence and imagination to create a compelling vision of the future, and
bring those who can deliver it with them.
The ability to set a good example
Leadership in Business Ethics and Styles in Management_2
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The defining feature of the ethical leader is that in addition to the foundational qualities
mentioned above, they are seen to act from their own well- developed set of ethical principles,
setting a consistently good example for others to follow.
They are not afraid to be challenged
Having one’s subordinates call you out, disagree with you, challenge your judgment; all
of this calls for great understanding and tolerance. Ethical leaders understand that it is part of a
culture of continuous improvement.
Answer 4
The Laissez-Faire Leader
A laissez-faire leader lacks direct supervision of employees and fails to provide regular
feedback to those under his supervision. Highly experienced and trained employees requiring
little supervision fall under the laissez-faire leadership style.
The Autocrat
The autocratic leadership style allows managers to make decisions alone without the
input of others. Managers possess total authority and impose their will on employees. No one
challenges the decisions of autocratic leaders.
The Participative Leader
Often called the democratic leadership style, participative leadership values the input of
team members and peers, but the responsibility of making the final decision rests with the
Leadership in Business Ethics and Styles in Management_3
3LEADERSHIP
participative leader. Participative leadership boosts employee morale because employees
contribute to the decision-making process.
The Transactional Leader
Managers using the transactional leadership style receive certain tasks to perform and
provide rewards or punishments to team members based on performance results. Managers and
team members set predetermined goals together, and employees agree to follow the direction and
leadership of the manager to accomplish those goals.
The Transformational Leader
The transformational leadership style depends on high levels of communication from
management to meet goals. Leaders motivate employees and enhance productivity and efficiency
through communication and high visibility.
Answer 5
Charismatic leaders are the movers and shakers of the world, daring to challenge the
status quo and empower their followers to perform beyond normal expectations. Charismatic
leaders transform their followers to make personal sacrifices for the sake of the collective and to
become involved in the leader’s vision and mission.
Answer 6
Be Generous With Information
Leadership in Business Ethics and Styles in Management_4

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