7LMD Leadership and Management Development Formative Assessment 3

Question:

Discuss the role of business ethics in leadership and management development. What ethical considerations need to be made when preparing, designing and selecting who takes part in undertaking training. Write a short report style answering, citing any examples you have been part of using a business which you are familiar with. 

The word limit is 1500 words and the style required is business report

All submissions should be in the region of 1,000 – 1,500 words and references should be added in the Harvard Referencing Format. There is a Harvard Referencing tutorial in the Resources Area which outlines the formatting required.

Solution:

It is particularly in times of corporate scandals and moral lapses that the broader public and interest groups in a corporation ask themselves the fundamental question, namely, who are corporate managers and are they ethical. It is only in the recent years that managers and researchers have turned their attention to ethics management (L. K. Trevino & Brown, 2005). The concern for “ethical consciousness” comes at the time when the concept of leadership legitimacy is questioned and when the public’s trust in corporate governance is extremely low (Fulmer, 2005). Leaders ought to be a crucial source of ethical guidance for employees and should at the same time be responsible for moral development in an organization. People might think that ethics is something intimate, a confidential matter that an individual and his conscience share. How we behave, how we reach goals (as long as they are legal and legitimate), might not seem important, and some might even say that ethics has nothing to do with management. The truth s however just the opposite, ethics has a lot if not everything to do with management/leadership. And managers’ behaviour is disseminated throughout the corporations and their behavioural standards are the crucial part of corporate climate, and when stabilized, culture. Ethics is a philosophical term originating from Greek word “ethos” meaning custom or character. It is concerned with describing and prescribing moral requirements and behaviours, which suggests that there are acceptable and unacceptable ways of behaving that serve as a function of philosophical principles (Minkes, Small, & Chatterjee, 1999). Ethical behaviour is defined as behaviour which is morally accepted as “good” and “right” as opposed to “bad” or “wrong” in a given situation (Sims, 1992). Ethics is the code of values and moral principles that guides individual or group behaviour with respect to what is right or wrong. Ethical behaviour is both legally and morally acceptable to the larger community (L. K. Trevino, 1986). Ethical dilemmas though, are pre ………………………………………………………………………………………………………………………………………………Please contact our team to receive guidance and support on this assessment in its entirety based on your organisation of work, experience and level of expectations