Ethical-Leadership-Demo - Management Study Guide

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ETHICAL
UNETHICAL
Course Objectives
•
Explain What is meant by Ethical Leadership
•
Describe the Importance of Ethical Leadership
•
Explain What are Ethics
•
Explain the Various Ethical Theories
•
Explain the Ethical Leadership Perspectives of Leadership Scholars
•
Explain the Principles of Ethical Leadership
•
Describe the Various Elements of Character
•
Explain How to Make Ethical Decisions
•
List the Challenges of Ethical Leadership
•
Explain How to Develop Ethical Leadership in Leaders
•
Explain What is meant by Ethical Dilemmas
•
Explain the Four Paradigms of Dilemmas
•
Explain the Core Responsibilities of an Ethical Leader
•
List the Key Traits of an Ethical Leader
•
List the Tips to Improve Ethical Leadership in an Organization
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
Introduction
What is meant by Ethical Leadership?
Ethical Leadership means using
ethics and making an ethical decision
in situations that are faced by
leaders.
It means keeping in mind several
ethical perspectives while providing
the overall leadership guidance to
subordinates and the also the job
responsibilities performed by
leaders.
Ethical leadership helps leaders to
make ethical decisions and be an
ethical leader.
Importance of Ethical Leadership
They also aim to gain returns that
benefit the firm, its stakeholders, and
the CEO, at the same time obtaining
everything within the purview of
ethics and moral principles.
You can understand from the above
situation that being ‘ethical’ is not
only important but also crucial in any
business.
Ethics should be integrated into the
basic day-today working of each and
every employee of an organization.
Virtue-Based Approach
Virtue-based Approaches (Theories related to Leaders’ Character)
•
•
‘Virtue-based Theories’ or the
‘Virtue-based Approach’ is related
to who the leader is and is based
on the leader’s character.
However, you should keep in
mind that an individual can learn
these virtues and retain them
through experience and practice.
Deontological Theories
Deontological Theories (Theories related to Duty or Rules )
•
•
‘Deontological Theories’ are
related to duty or rules.
Hence, ‘Deontological
Theories’ are more
concerned with the actions
that lead to consequences
and whether the actions are
good or bad.
Respect for Others
Respect for Others
•
Respect for Others:
o
As per this principle of ethical
leadership, leaders can be ethical
when they treat others with dignity
and respect.
o
Hence, ethical leaders do not treat
people as means to their own ends.
o
Ethical leaders believe that followers
have goals and ambitions.
What is meant by ‘Character’ in Ethical Leadership?
The following are some of the key attributes of a ‘good character’:
Inspiring
Honesty
Obedience
Integrity
Loyal
Courageous
Responsibility
Tactful
Respect
Trustworthiness
Real Life Example
You will now try to
understand how
Abraham Lincoln, the
renowned American
President was not only
a great leader but also
a great ethical leader.
Abraham Lincoln was
born on February 12,
1809.
He became the 16th
President of the United
States.
His tenure as the
President of the United
States lasted from
March 1861 until his
assassination in April
1865.
What is meant by Ethical Dilemmas?
When an ethical leader is faced with a situation where
his important moral values come into conflict and the
leader has to make a choice between these values,
then the situation is an ‘Ethical Dilemma’.
Hence, for example, sometimes the
leader may have to choose between
two values that are important such
as success and honesty.
So, in such situations the leader
should assign priorities to values and
one takes precedence over the other.
However, it is crucial that the leader should take
care to balance between both the values in order
to avoid unethical decision making.
Being Aware of One's Weaknesses
1
6
2
7
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3
4
5
Being Aware of One's Weaknesses:
o
An ethical leader is aware of his strengths and
is also aware of his weaknesses.
o
Only when a person knows his weakness, he
will be able to compensate for that weakness.
Being Aware of One's
Weaknesses
8
9
10
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