INTRODUCTION For any business organization to be successful in its competitive environment, there are certain qualities that must be ensured. The question of what is right and wrong within the organization plays a significant role in determining the image and integrity of a business organization in its environment, which is the main idea behind business ethics. The term business ethics could be used in different ways. It is a form of applied ethics that aim to evaluate the ethical principles…
As the retiring CEO, I propose that the Board of Directors consider electing a high performance leader as my replacement. As a high performance leader myself, I consider the associated qualities of such a leader to be most advantageous in our line of business. Additionally, it is essential for the prospective candidate to not only have the capability to manage but also to lead. Leading others is a skill that is honed through first-hand experience and facilitated through the transformation from…
H&M a Swedish based company and the second largest fashion retailer in the world. It is known for its trendy clothing at an affordable price. As a fashion-conscious consumer, myself, I would position the company between Macy’s and Forever21, catering to people who want the more sophisticated styling from Macy’s, but at Forever21 prices. Their quality is slightly better than their competitors, with a frequently worn shirt lasting about 3 years before it starts to develop holes. Beyond the…
Introduction There is an expectation by consumers, stakeholders, regulating agencies, and the industry that companies will conduct their business in an ethical manner, much less be involved in Corporate Social Responsibility (CSR) projects for the betterment of society. This new business obligation then leads the consumer(s) to require corporations to have integrity steering their actions and own “good behavior” (Hinkley, 2012 p 271). “As agents of global change, multinational firms are acting…
However, some differences exist between the two in business. Ethics are a set of rules or codified system implemented by a company that explains how one should act on-the-job whereas morals are set in stone and is principles by which an entire society is supposed to live by. One can distinguish between ethics and morals by understanding that ethics is the action or conduct of what an individual deems right or wrong, therefore morals are the basis to which ethics stand on. For instance, if two…
III. Impact of Servant Leadership The impact of the Servant Leadership philosophy would create a more caring company. When the company cares about its employees and customers alike, the employees will take greater care of the customers. According to Spears, there are ten critical characteristics of being a servant leader. These characteristics are listening, empathy, healing, awareness, persuasion, conceptualization, foresight, stewardship, commitment to growth of people, and building…
for the resulting pollution (Lewis 1). It is, however, essential to critically evaluate the merit of the Monsanto issue by looking at information from all sides, both on the business benefits and the societal well-being before deciding on the responsibility of the company. The decision-making model is an important approach to use towards this end. It provides an unbiased analysis of the problem towards solutions and recommendations after assessing the effects of PCBs and the benefits presented…
Leadership Self-Assessment As a leader in my organization, it is imperative that I enhance my skills, know my strengths and weaknesses, and have a greater understanding of my values and personality. By doing this, I can better avoid my blind spots, and better serve my organization and my team. To begin, it is important to understand my weaknesses. Weaknesses One of my primary weaknesses is that I like to take everything on. While I am good at delegating, I do not have a team to delegate to at…
In “Our Iceberg Is Melting”, Kotter’s steps 5-8 are presented in different stages of the story. Step 5 of Empowering employees for broad-based action by enabling actions by removing barriers; and removing barriers such as inefficient processes and hierarchies provides the freedom necessary to work across silos and generate real impact, was used by Louis (Head Penguin). When Louis (Head Penguin) acknowledged there was legitimacy to Fred's worries about the iceberg their home was on, he started…
A similar ethical theory that shapes government sustainability is Hobbesian. Hobbesian is similar to ethical egoism in the fact that self-interest is part of human nature, but Hobbesian believes that without government intervention to keep the self-interest in check chaos would ensue (Jennings, 2015, p.12). Landfills are a great example of Hobbesian in the government’s impact on sustainability. Without government intervention society would disregard proper waste disposal and turn to whatever is…