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Leadership & Ethics. What is business ethics? Sources of moral standards: ¨ actual or positive law ¨ universal - natural law ¨ moral relativism ¨ religious.

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Presentation on theme: "Leadership & Ethics. What is business ethics? Sources of moral standards: ¨ actual or positive law ¨ universal - natural law ¨ moral relativism ¨ religious."— Presentation transcript:

1 Leadership & Ethics

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

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

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

7 They top the list of the nations 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.

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

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

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12 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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14 Variety of Ethical Standards ¨ Utilitarian Principle ¨ Professional Ethic ¨ The Golden Rule ¨ Kants Categorical Imperative ¨ The Intuition Ethic

15 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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