Leadership and business ethics Assignment help
Assignment help for Ethical Leadership in Business assignment help
About the Article: The article focuses on the concept of leadership in businesses with ethics and why it is important in online assignment help.
Introduction to Ethical Leadership for assignment help
To understand the complete term, a clear understanding of the main individual words used in the term, that are- ethical, leadership and business; is required.
Business: Business is referred to as carrying a practice of making/ producing goods and services and selling them to customers for profits.
Ethical: The term ethical is referred to something with ethics i.e. with morals and principles.
Basic business ethics can be regarded as integrity, loyalty, honesty, respect for everyone, no discrimination, etc.
Leadership: The concept of leadership is the quality/ skill of an individual or a group of individuals to guide other members.
Ethical leadership in Business: Defining all the three main terms, a clear understanding of the phrase is formed. The phrase is defined as- Leadership practice in a business by following all the principle ethics required in a business.
Ethical leadership in business focuses on a business’s leadership skills to lead the team members by keeping all the ethics such as loyalty, honesty, integrity, etc.
Ethical leadership practices reflect the business environment and help others in knowing the core values and moral strengths of a company.
Why Ethical Leadership for assignment help?
Ethical leadership practices in an organization facilitate a good the working environment in which employees wish to conveniently work, grow and learn.
A leader with leadership skills and ethics is a great example for his colleagues and guides them to perform well in direction of the company’s goals.
Ethical leadership in an organization also helps in the prevention of other issues such as; scandals, discrimination, lack of communication, etc.
Assignment help Importance of Ethical Leadership in Business
Ethical leadership has a positive impact on a business and benefits the company in various ways:
I) Investors: A company following ethical practices is a center of attraction for potential investors. An ethical business environment attracts investors and boosts their confidence in the company.
II) Customer Loyalty: A company, who is concerned with having ethical leadership in their internal surroundings, have a direct impact on consumerism. Consumers tend to prefer those companies that not just sell quality goods and services but also have quality values.
III) More employees: not just customers but employees desire A company lead with ethics, as well. A potential employee finds more worth by working in a company with values and morals.
IV) Employee Satisfaction and Increased Production: When a business is ethically lead, employees feel more satisfied and happy, and satisfaction bends the employee’s dedication more towards the company. This leads to increased productivity.
Ways to attain Ethical Leadership in Business
Flow: If you are the leader, it is your first role to start with following ethical culture in your practices. The flow of ethical culture is from top to down, so if you wish to establish ethical surroundings, you must initiate it.
Reward and Respect; Rewarding employees for all the achievement and also for their efforts if something is not successfully achieved and respecting them is the base of establishing and ethical culture in a company.
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Its The base subject of every organization as without the same the existence of an organization is at risk. It brings together the science of the process, planning & execution in a given organization without having any inclination towards the size of the corporate. Management as a whole has various characteristics: Its universal, goal-oriented, continuous process, multidimensional, involves group activity & dynamic function, which are coordinated for optimum usage.
Management is the summation of men, machine, material, money and methods, which contributes as an encyclopedia for the employees working in the organization while maintaining a coordinated approach towards achieving the vision of the company.
Q1. Effective leadership, decision-making and ethical management are linked both in theory and in practice. How may leaders ensure organizational decisions are made ethically?