Leadership & Ethics.

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Presentation transcript:

Leadership & Ethics

What is “business ethics?” Sources of moral standards: actual or positive law universal - natural law moral relativism religious beliefs

Business ethics: “oxymoron” Reasons for business ethics: Profitability Changes in consumer buying decisions Business strategy Personal reasons

What do the following have in common? A soupmaker A brewer A software designer A paint producer A medical products firm

They top the list of the nation’s 100 most profitable and socially responsible companies. Together they employed 200,000 people, generated $38 billion in sales, and gave an average of 2.27% pretax profits to charity.

Who are they? Campbell Soup Company Adolph Coors Co. Microsoft Corporation H.B. Fuller Company Medtronic, Inc.

Leadership and Management Principle-Centered Leadership The New Paradigm - “True North” 8 Behavioral Characteristics of Leaders

Credibility and Integrity Managerial integrity and the mass media Integrity is risky business 7 of the most admired leadership characteristics “Credibility Gap”

Variety of Ethical Standards Utilitarian Principle Professional Ethic The Golden Rule Kant’s Categorical Imperative The Intuition Ethic

Resolution of Ethical Dilemmas Blanchard and Peale Model Is it legal? Is it balanced? How does it make me feel? The Front Page Newspaper Test

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