Need for responsible leadership •Due to the era of increasing dynamics and complexity in the business environment, the global operation of the business has become more complex and uncertain. It comprises of different legislations, beliefs, and lifestyle which in turn creates the challenge such as global warming and mitigation, the pressure of governments, increasing inequality and misconduct at business (Dubrin, 2015).
Traits and Skills of responsible leaders •Responsible leaders are the one who has the ability to inspire the employees towards the positive change and possess the capability to make ethical judgments. In response to the above, the responsible leaders have the traits of effectively communicating with all the stakeholders and take responsibility for their actions (Moody-Stuart, 2017).
Responsibilities of responsible leader •The main responsibility of such leaders is to take ethical judgments after analyzing the regulations and norms in the global business environment. It focuses on maintaining the interest of all the stakeholders and takes the decisions that benefit the society and the environment.
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Impact of responsible leadership on stakeholders •Due to increasing managerial misconduct and corporate scandals, the ethics and responsibilities of a leader is a major concern. The other theories of leadership like transformational, servant, charismatic focuses on improving employee motivation and do not consider the interest of the external stakeholders.
Culture of organization •Through the implementation of the responsible leadership theory the leader's inbuilt positive organizational culture where the team members collaborate their efforts and collectively solve the problem in an organization. It aids in developing the organizational culture that embraces continuous change and drives innovation in the organization (Whetstone, 2017).
References •DuBrin, A. J. (2015).Leadership: Research findings, practice,and skills. Nelson Education. •Gerard, L., McMillan, J., & D’Annunzio-Green, N. (2017). Conceptualising sustainable leadership.Industrial andCommercial Training,49(3), 116-126. •Moody-Stuart, M. (2017).Responsible leadership: Lessonsfrom the front line of sustainability and ethics. Routledge. •Stahl, G. K., Miska, C., Puffer, S. M., & McCarthy, D. J. (2016). Responsible global leadership in emerging markets.InAdvances in Global Leadership(pp. 79-106). EmeraldGroupPublishing Limited. •Voegtlin, C. (2016). What does it mean to be responsible?Addressing the missing responsibility dimension in ethicalleadership research.Leadership,12(5), 581-608. •Whetstone, J. T. (2017). Developing a virtuous organizational culture.Handbook of virtue ethics in business andmanagement, 623- 634.