Business Ehtics Essay Example | Topics and Well Written Essays - 250 words - 1

Business Ehtics - Essay ExampleEthical standards govern the existence of human life and get the picture the realm of business entities. The seven habits of strong ethical leadership are presented by Ferrell, Fraedrich & Ferrell is applicable in personal scenarios as headspring as in business organizations. Business problems are solved by utilizing collaborative and participative approaches to last making with ingrained habits of strong ethical leaders. From among the seven habits, five are herewith proffered.Ethical leaders possess strong personal character. Leaders are concerned with the creation of an purlieu for per createance. They integrate tasks, structure, technology, resources, and people into a productive configuration. They achieve goals through the efforts of other people. They begin to influence the expression of other people in order to get things done.They have the passion to do right. Ethical leaders value honesty and integrity. Honest and integrity means being straightforward and firm in affection to an ethical code of conduct. Honesty is specifically critical in terms of conforming to truthfulness in financial matters and in doing ones responsibilities, as expected in the organization. Ethical leaders have the integrity to adhere to the policy of financial accuracy in disclosing the truth in financial reporting. two values must be deeply ingrained in ones personality to form part of the individuals philosophy in life.Being proctive takes vision to look forward. Ethical leaders take charge and are accountable for ones own destiny as well as those of his followers. Leaders who are proactive make strategic decisions based on creative plans for the proximo and being governed by a standard set of ethical codes.Ethical leaders do non hide anything and are transparent in their actions. They are also actively involved in decision making process. Equipped with values of honesty and integrity,