Business Law and Ethics
Business Law and ethics
Subject:
The objective of this report is to highlight the importance and need of ethics, ethical leadership and organisation behaviour. The report is based on the speech of Michael Hackworth.
Leadership in fairness and honesty makes good business sense.
Organisation behaviours, culture, values, management style and ethics, all of them make a combination on which company success and failure depends. Every company in the world start by stating the mission, objectives, values, belief and structure. Every part of it influences each other. It is very difficult to maintain balance between them.
Michael Hackworth express that top management some time ignore the ethics and ethical boundaries which significantly affect employee behaviour and organisational culture. Peer and Schlabach 2007, states in their book that the idea of ethical organisation does have its advantages, which is one dimensional. It assumes that organisation should be run ethically and must have ethically heroes who hold and have courage to take stand in case of doubtful facts and influences from peer or from organisation. A strong and effective leadership enforce shared values, commitment to the organisational values, honest and fair mechanism.
Organisation leadership should be required to stick on to the highest standards. Oshagbemi and Gill 2003 explain in their research that Traditionally it was recognised that leadership at top level of management plays an important role, but the recent research on leadership levels disclosed that the recognition, involvement in decision making and development of leaders at all level of hierarchy enhance organisation success and improve efficiency and effectiveness. (Lowe et al, 1996)
Managers involves subordinate in solving problems in order to obtain their views and then make decision by him. Such involvement boosts the morale of employees and keeps them motivated. Mangers should tend to reach on consensus by involving
Subject:
The objective of this report is to highlight the importance and need of ethics, ethical leadership and organisation behaviour. The report is based on the speech of Michael Hackworth.
Leadership in fairness and honesty makes good business sense.
Organisation behaviours, culture, values, management style and ethics, all of them make a combination on which company success and failure depends. Every company in the world start by stating the mission, objectives, values, belief and structure. Every part of it influences each other. It is very difficult to maintain balance between them.
Michael Hackworth express that top management some time ignore the ethics and ethical boundaries which significantly affect employee behaviour and organisational culture. Peer and Schlabach 2007, states in their book that the idea of ethical organisation does have its advantages, which is one dimensional. It assumes that organisation should be run ethically and must have ethically heroes who hold and have courage to take stand in case of doubtful facts and influences from peer or from organisation. A strong and effective leadership enforce shared values, commitment to the organisational values, honest and fair mechanism.
Organisation leadership should be required to stick on to the highest standards. Oshagbemi and Gill 2003 explain in their research that Traditionally it was recognised that leadership at top level of management plays an important role, but the recent research on leadership levels disclosed that the recognition, involvement in decision making and development of leaders at all level of hierarchy enhance organisation success and improve efficiency and effectiveness. (Lowe et al, 1996)
Managers involves subordinate in solving problems in order to obtain their views and then make decision by him. Such involvement boosts the morale of employees and keeps them motivated. Mangers should tend to reach on consensus by involving