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Saturday, April 20, 2019

Enhancing Motivation, Ethics and Values Essay Example | Topics and Well Written Essays - 1000 words

Enhancing Motivation, Ethics and Values - leaven ExampleThe number and severity of business scandals take over resulted in the need to enhance the ethics and set of todays managers and leaders.The organizations Code of Conduct, mission statement or values form _or_ system of government statements should reflect the stomachations of ethical behavior from the companys leaders. An ethical code serves not only the interests of the company, precisely has the broader purpose of fairness and justice towards all stakeholders associated with the company, state Kaptein & Schwartz (2007). It is important that business leaders need to keep the requirements of the stated ethical code, and accordingly manifest their professional behavior towards all stakeholders of the company. Federal regulations concerning the disclosure of write ethical codes of the corporation need to be complied with.Many large firms such as Enron, WorldCom, and HealthSouth have been put up to have been unethically m anaged by their coporate executive officers, corporate finance officers and other top managers, which has been the main fence for regulators to investigate the root cause of ethical failures in companies. The lack of an ethical standard, benchmark or technique to measure the level of ethics in a companys operations appear to have played a major role in these companies failures (McGraw et al, 2008). Integrity is an important element of leadership. The authors develop a theory-based model for judging a corporate leaders integrity, by addressing questions based on what the criteria for judging are, when integrity judgments are particularly important, who the judges are. The relevant set of moral values and norms of stakeholders which assume such judgments are enabled by three components of integrity criteria laws, codes of conduct, and informal moral values and norms. Relevant stakeholders expect a corporate leader to abide by these ethical norms. Such an integrity judgment

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