Leadership Styles: Ethical Leaders vs. Unethical Leaders Analysis

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Added on  2023/01/12

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This report provides an analysis of ethical and unethical leadership styles, contrasting the approaches of Warren Buffett and Martin Shkreli. It explores the importance of ethical decision-making within organizations and how different leadership styles impact business outcomes. The report delves into the Laissez-faire and transformational leadership styles employed by Warren Buffett, highlighting their positive influence. In contrast, it examines the unethical actions of Martin Shkreli, particularly his price gouging of Daraprim, and the negative consequences of prioritizing profit over ethical considerations. The report utilizes the 'Framework for Understanding Ethical Decision Making in Business' to evaluate the leaders' choices, emphasizing the significance of ethical issue intensity, individual factors, organizational factors, and opportunity in shaping leadership behavior. Ultimately, the report underscores the importance of ethical leadership in fostering a positive business environment and achieving organizational goals, while also warning against the detrimental effects of unethical practices.
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Ethical leader and Unleader
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Table of Content
Introduction
Conclusion
References
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Introduction
Leader is an individual who motivates all the workforce
of in a business organization in order to ensure that
accomplishment of activities takes place as planned.
Effective leadership improves quality of
performance of overall organization. Work culture is
improved as all the manpower is highly motivated to
perform best as guided by leader.
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From the presentation it has concluded that every organization should have leaders which
understands importance of ethical behavior so that organizational culture can be influenced.
Leaders must follow suitable leadership style so that effective leadership can be created
and employees can be motivated to perform in the best manner. Application of suitable
leadership helps to establish positive business environment so that all the objectives can be
achieved as planned. Chances for success is improved when effective leadership is initiated
in the business.
Conclusion
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Constandt, B., De Waegeneer, E. and Willem, A., 2018. Coach ethical leadership in soccer
clubs: An analysis of its influence on ethical behavior. Journal of Sport Management.
32(3). pp.185-198.
Egorov, M and et.al., 2019. It’sa Match: Moralization and the Effects of Moral
Foundations Congruence on Ethical and Unethical Leadership Perception. Journal of
Business Ethics. pp.1-17.
Hoch, J. E and et.al., 2018. Do ethical, authentic, and servant leadership explain variance
above and beyond transformational leadership? A meta-analysis. Journal of
Management. 44(2). pp.501-529.
Kimura, T. and Nishikawa, M., 2018. Ethical leadership and its cultural and institutional
context: An empirical study in Japan. Journal of Business Ethics. 151(3). pp.707-724.
References
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