It might be assumed that acting legally, within a defined set of rules, would be considered to be the same as acting ethically. However certain actions that might not be considered illegal could be unethical and other actions that might be considered ethical might be considered illegal. Leaders needs to take into account both of these qualities. Leaders need to be responsible in their actions in order to operate legally but also need to take into account how ethical their decisions and behaviours are.
The primary aim of any business is to generate a profit (a return) for shareholders. Leaders who operate with this goal in mind often only focus on short term returns and thus operate only within the legal aspects. Leaders who aim to generate …show more content…
Responsible leadership is the bringing together of Effective leadership and Ethical leadership.
This definition should impact all areas of leadership with an organisation, whether it is dealing with people, both customers and employees, processes, decision making or good governance. All these areas need to be successfully managed using both the principles of good governance as well as ethics.
The King IV report on corporate governance for South Africa, 2016, states that effective leadership is about achieving the strategic goals of the organisations while ethical leadership deals with issues around transparency, accountability, fairness and responsibility. Alternatively effectively leadership is about making sound business decisions within the legal framework to generate a return for shareholders while ethical leadership is doing business in a manner than promotes responsibility to all stakeholders and ensures …show more content…
Processes within the organisation have been established to enable the organisation to function efficiently, but also to ensure that correct procedures are followed to ensure that the company adheres to the principle of good governance. These processes are generally a set of rules or a policy document.
As a responsible leader I need to ensure that my team is fully aware of the company processes that have been established as well as the reason for their existence. The ethical part of responsible leadership is how we deal with these processes. Regardless of the type of processes, as a responsible leader, I need to ensure that all my actions are in accordance with these processes. From time to time the nature of business changes and these process need to be modified accordingly. How we ensure that these processes are modified is indicative of our ethical conduct.
Responsible leadership with regards processes builds into the organisational
The primary aim of any business is to generate a profit (a return) for shareholders. Leaders who operate with this goal in mind often only focus on short term returns and thus operate only within the legal aspects. Leaders who aim to generate …show more content…
Responsible leadership is the bringing together of Effective leadership and Ethical leadership.
This definition should impact all areas of leadership with an organisation, whether it is dealing with people, both customers and employees, processes, decision making or good governance. All these areas need to be successfully managed using both the principles of good governance as well as ethics.
The King IV report on corporate governance for South Africa, 2016, states that effective leadership is about achieving the strategic goals of the organisations while ethical leadership deals with issues around transparency, accountability, fairness and responsibility. Alternatively effectively leadership is about making sound business decisions within the legal framework to generate a return for shareholders while ethical leadership is doing business in a manner than promotes responsibility to all stakeholders and ensures …show more content…
Processes within the organisation have been established to enable the organisation to function efficiently, but also to ensure that correct procedures are followed to ensure that the company adheres to the principle of good governance. These processes are generally a set of rules or a policy document.
As a responsible leader I need to ensure that my team is fully aware of the company processes that have been established as well as the reason for their existence. The ethical part of responsible leadership is how we deal with these processes. Regardless of the type of processes, as a responsible leader, I need to ensure that all my actions are in accordance with these processes. From time to time the nature of business changes and these process need to be modified accordingly. How we ensure that these processes are modified is indicative of our ethical conduct.
Responsible leadership with regards processes builds into the organisational