Today business is subject to new and greater pressures and
external factors, including regulatory changes. One of the biggest challenges comes
from globalisation. As such, companies are confronted with different standards
of values and practices.
In view of a growing string of failures of dubious business ethics, world's business leaders have woken to the necessity of ethical leadership. Nevertheless, ethical leadership is not merely a necessity, it is now an opportunity - a source of competitive advantage for companies and a tool with which to add business value.
Once an organization is regarded as corrupt, its level of legitimacy declines. With declining legitimacy, the call for more regulation will grow louder, stifling the organization concerned and the whole economy. More laws will come into effect, making business even more difficult. The corollary is that, in a system when one organization subverts the law, it becomes much harder for other companies to operate cleanly.
This is where Ethical Leadership is a necessity. Only if management sets clear, unequivocal policies and controls stipulating zero tolerance, can management ensure good practice.
But by seizing on Ethical Leadership as an opportunity, a manager could actually enhance his or her reputation inside the firm. By exercising Ethical Leadership, managers inspire and generate confidence in individuals at all levels of the company.
There has always been a necessity for the industry in gaining consumer trust and confidence. With ever growing competition in the market place, Ethics has been the key driver in creating and defending and enhancing 'Reputation' and 'Confidence of a brand', through transparency, free flow of information, and good governance.
Ethical Governance presents us with a great opportunity to differentiate from the competition in the market - to add value. A company which is known to be secure and run on ethical principles will be more trusted by customers, shareholders and investors, and it will be more successful than those less ethical companies.
In summary, by operating with a social conscience, the ethical leader does not just build confidence and loyalty with staff, but builds goodwill in the market, community and society at large.
Ethical Leadership is not without its challenges. For instance, ethics are often highly personal. Nor can Ethical Leadership be instilled in an organization or corporation overnight.
Ethical Leadership requires habit, and it requires proper regulations. Education and communication must be further enhanced, Ethical issues must find and gain support in the work place and also in the society, and finally there must be proper motivation and recognitions given for those wishing to pursue Ethics.
In view of a growing string of failures of dubious business ethics, world's business leaders have woken to the necessity of ethical leadership. Nevertheless, ethical leadership is not merely a necessity, it is now an opportunity - a source of competitive advantage for companies and a tool with which to add business value.
Once an organization is regarded as corrupt, its level of legitimacy declines. With declining legitimacy, the call for more regulation will grow louder, stifling the organization concerned and the whole economy. More laws will come into effect, making business even more difficult. The corollary is that, in a system when one organization subverts the law, it becomes much harder for other companies to operate cleanly.
This is where Ethical Leadership is a necessity. Only if management sets clear, unequivocal policies and controls stipulating zero tolerance, can management ensure good practice.
But by seizing on Ethical Leadership as an opportunity, a manager could actually enhance his or her reputation inside the firm. By exercising Ethical Leadership, managers inspire and generate confidence in individuals at all levels of the company.
There has always been a necessity for the industry in gaining consumer trust and confidence. With ever growing competition in the market place, Ethics has been the key driver in creating and defending and enhancing 'Reputation' and 'Confidence of a brand', through transparency, free flow of information, and good governance.
Ethical Governance presents us with a great opportunity to differentiate from the competition in the market - to add value. A company which is known to be secure and run on ethical principles will be more trusted by customers, shareholders and investors, and it will be more successful than those less ethical companies.
In summary, by operating with a social conscience, the ethical leader does not just build confidence and loyalty with staff, but builds goodwill in the market, community and society at large.
Ethical Leadership is not without its challenges. For instance, ethics are often highly personal. Nor can Ethical Leadership be instilled in an organization or corporation overnight.
Ethical Leadership requires habit, and it requires proper regulations. Education and communication must be further enhanced, Ethical issues must find and gain support in the work place and also in the society, and finally there must be proper motivation and recognitions given for those wishing to pursue Ethics.
Sumber : http://ethicalgov.blogspot.com/
Tidak ada komentar:
Posting Komentar