Leadership by Example” is just something like a way of life which the top management of an organisation follows. It basically involves the top management within an organization to set an example for its employees so that they follow them and are ethically inclined in all their business dealings on behalf of the organisation. As an example when the CEO of an organization tells its employees to not waste the resources available within the organization and herself orders new new furniture for her cabin, her subordinates would not consider her words that effectively because they would realize that she herself is an not true to her words. Hence when the leaders of an organization are ethically strong and practice that themselves that is when the
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The managers already know the correct codes and how their employees must behave and now if they make any mistake they already have the codes of ethics mentioned with them. The codes of ethics are a way of controlling the organization so that the organization remains ethical from every aspect.
‘Spirituality’ in organizational culture is a very important aspect for functioning organizations these days. The concept of workplace ‘spirituality’ or ‘spirituality’ in organizational culture is quite helpful for the organizational elements, i.e., employees to be ethically inclined and easier still to whistle-blow. Workplace spirituality basically encompasses the scope of spiritual aspects of an individual within the organization for which he is working. For example, a lot of companies have special prayer rooms for people so that they can pray there quietly. The introduction of spirituality within workplace has deeply explained the need for managers to behave more ethically and imbibe ethical decision making even at their workplaces. With the dynamic environment managers are understanding the need of inserting spirituality within the organization’s culture so …show more content…
My selected organization is CITIBANK and a lot of cases have been reported where it has been alleged to have used unethical practices. One of such instances is where the company suddenly informs it’s customer that the rate of interest on credit taken has been increased but 50% of it will be returned if the customer pays back on time. However later they said that due to the change in the company’s policy, the return would not take place and the customer cannot even change withdraw his card. Another such instance is where the bank would credit bills of higher amounts to the customers and when the customer complained about the same, they would say according to the company’s policy it is considered as a donation to the company’s executive’s bonus fund. Such incidents completely destroys the trust of the consumer on the company and is harmful for the company’s overall
The managers already know the correct codes and how their employees must behave and now if they make any mistake they already have the codes of ethics mentioned with them. The codes of ethics are a way of controlling the organization so that the organization remains ethical from every aspect.
‘Spirituality’ in organizational culture is a very important aspect for functioning organizations these days. The concept of workplace ‘spirituality’ or ‘spirituality’ in organizational culture is quite helpful for the organizational elements, i.e., employees to be ethically inclined and easier still to whistle-blow. Workplace spirituality basically encompasses the scope of spiritual aspects of an individual within the organization for which he is working. For example, a lot of companies have special prayer rooms for people so that they can pray there quietly. The introduction of spirituality within workplace has deeply explained the need for managers to behave more ethically and imbibe ethical decision making even at their workplaces. With the dynamic environment managers are understanding the need of inserting spirituality within the organization’s culture so …show more content…
My selected organization is CITIBANK and a lot of cases have been reported where it has been alleged to have used unethical practices. One of such instances is where the company suddenly informs it’s customer that the rate of interest on credit taken has been increased but 50% of it will be returned if the customer pays back on time. However later they said that due to the change in the company’s policy, the return would not take place and the customer cannot even change withdraw his card. Another such instance is where the bank would credit bills of higher amounts to the customers and when the customer complained about the same, they would say according to the company’s policy it is considered as a donation to the company’s executive’s bonus fund. Such incidents completely destroys the trust of the consumer on the company and is harmful for the company’s overall