Posted: June 2nd, 2022

Management, leadership, and ethics

Management, leadership, and ethics
Management is the ability of an individual or an organization to coordinate employees, come up with strategies and utilize company resources to achieve organizational goals. Leadership is a skill that enables a person or a group of people to lead. Ethics is a moral principle that manages a person’s behavior. They determine what is wrong or right. Ethical management and leadership is the ability to use moral principles to govern an organization. It is highly essential and plays a significant role in ensuring the smooth running of an organization. Ethics affect leadership and management in several ways.
Impact of ethics to leadership and management
Respect
Ethical leadership and management enable leaders to not only respect employees but also promote mutual respect among employees themselves. Ethics enables leaders and managers to treat all the employees fairly without favoritism. This helps wipe out nepotism, tribalism, and corruption in business.
Protects the society
Ethical leadership and management are crucial as they uphold ethics and social responsibility. This means that the business protects society and employees from any harm that may be caused by the company. Social corporate responsibility seeks common gains for both the organization and the society. An organization with well-established ethical standards cannot pollute the environment as they will endanger the lives of those living in the surrounding.
Enhances credibility
Ethics in both leadership and management enhances the credibility of a company. It becomes popular for its good name and reputation. Most people would like to work there as it upholds the respect of human dignity and common gains for both the society and its workers. Customers are not worried about purchasing their products as they are certain that their goods meet the required standards, unlike immoral organizations that produce counterfeit goods.
Promotes unity
Ethics in leadership and management also promotes unity between employees and employers. The employees trust the employers as they are certain that they are ethical and their decision-making methods are based on ethics, not selfish gains. This brings about cohesiveness in a company leading to better results.
Long term gains
Organizations that uphold ethical leadership and management are most likely to grow and get profit, in the long run, this is because of the mutual respect and unity between workers. Teamwork is essential in bringing about excellence. Ethical leadership also enhances trust between the organization and the customers. All this combined not only bring about financial stability but excellence due to synergy.
Ethics plays a pivotal role in both leadership and management. Apart from enhancing cooperation it also brings about long term gains, enhances social security, and promotes mutual respect and the organization’s credibility.

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