Exploring Ethical Leadership: A Comprehensive Decision-Making Strategy

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Added on  2023/04/21

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This essay delves into the importance of business ethics, the role of leadership in ethical decision-making, and the impact of ethics in a global economy. It highlights the significance of social responsibility and stakeholder relationships, examining charismatic and transformational leadership styles. The essay further discusses how leadership traits contribute to a positive ethical climate, boosting employee morale and fostering impartiality. Key aspects covered include maintaining ethics in the workplace for business growth, building strong leadership qualities, and clarifying employee duties to enhance skills and improve the business environment. The analysis emphasizes that ethical leadership is crucial for making validated decisions, promoting social responsibility, and strengthening ties with stakeholders through effective communication.
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Comprehensive Strategy
Name of the Student
Name of the University
Author Note
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Reference List
Antonakis, J., & House, R. J. (2013). The full-range leadership theory: The way forward. In Transformational and
Charismatic Leadership: The Road Ahead 10th Anniversary Edition (pp. 3-33). Emerald Group Publishing Limited.
Bolman, L. G., & Deal, T. E. (2017). Reframing organizations: Artistry, choice, and leadership. John Wiley & Sons.
Chemers, M. (2014). An integrative theory of leadership. Psychology Press.
Cianci, A. M., Hannah, S. T., Roberts, R. P., & Tsakumis, G. T. (2014). The effects of authentic leadership on followers'
ethical decision-making in the face of temptation: An experimental study. The Leadership Quarterly, 25(3), 581-594.
Crossan, M., Mazutis, D., & Seijts, G. (2013). In search of virtue: The role of virtues, values and character strengths in ethical
decision making. Journal of Business Ethics, 113(4), 567-581.
Demirtas, O., & Akdogan, A. A. (2015). The effect of ethical leadership behavior on ethical climate, turnover intention, and
affective commitment. Journal of Business Ethics, 130(1), 59-67.
Ferrell, O. C., & Fraedrich, J. (2015). Business ethics: Ethical decision making & cases. Nelson Education.
Hassan, S., Mahsud, R., Yukl, G., & Prussia, G. E. (2013). Ethical and empowering leadership and leader
effectiveness. Journal of Managerial Psychology, 28(2), 133-146.
Kuntz, J. R. C., Kuntz, J. R., Elenkov, D., & Nabirukhina, A. (2013). Characterizing ethical cases: A cross-cultural
investigation of individual differences, organisational climate, and leadership on ethical decision-making. Journal of Business
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Lussier, R. N., & Achua, C. F. (2015). Leadership: Theory, application, & skill development. Nelson Education.
Shapiro, J. P., & Stefkovich, J. A. (2016). Ethical leadership and decision making in education: Applying theoretical
perspectives to complex dilemmas. Routledge.
Williams, C. (2013). Principles of management. South-Western Cengage Learning.
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