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Leadership & Ethics
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What is “business ethics?”
Sources of moral standards: actual or positive law universal - natural law moral relativism religious beliefs
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Business ethics: “oxymoron”
Reasons for business ethics: Profitability Changes in consumer buying decisions Business strategy Personal reasons
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What do the following have in common?
A soupmaker A brewer A software designer A paint producer A medical products firm
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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.
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Who are they? Campbell Soup Company Adolph Coors Co.
Microsoft Corporation H.B. Fuller Company Medtronic, Inc.
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Leadership and Management
Principle-Centered Leadership The New Paradigm - “True North” 8 Behavioral Characteristics of Leaders
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Credibility and Integrity
Managerial integrity and the mass media Integrity is risky business 7 of the most admired leadership characteristics “Credibility Gap”
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Variety of Ethical Standards
Utilitarian Principle Professional Ethic The Golden Rule Kant’s Categorical Imperative The Intuition Ethic
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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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