Chapter 11 Flashcards
Leadership
The ability or authority to guide and direct others toward a goal. Most people agree that effective leadership is essential for any organization
Normative Myopia
When managers overlook or stifle the importance of core values in their business decisions
Normative Myopia can occur for 3 reasons
1) the belief that normative values do not apply to managerial decisions
2) the belief that facts and values can be separated in decision making
3) the belief that normative values are outside the realm of business
Ethical Blindness
The natural tendency to rationalize an unethical action or turn a blind eye to it
Normative Myopia leads to
Ethical Blindness
Seven Habits of Strong Ethical Leaders
- Have strong personal character.
- Have a passion to do right.
- Are proactive.
- Consider all stakeholders’ interests.
- Are role models for the organization’s values.
- Are transparent and actively involved in decision making.
- Take a holistic view of the firm’s ethical culture.
There is a positive association between the ethical commitment of employees and …
A firm’s valuation on the stock market
Corporate social responsibility is negatively related to:
Ethical risks in the long term
How does a manager taking an integrity-based approach view ethics?
Views ethics as an opportunity to implement core values
What are three characteristics of an Unethical Leader?
- A leader that is usually egocentric
- Often does whatever it takes to achieve personal and organizational objectives.
- This leader looks at laws as minimum guidelines and searches for loopholes
5 Characteristics of a Psychopathic Leader
1) Having superficial charm
2) Having no conscience
3) Having grandiose self-worth
4) Having little or no empathy
5) Enjoys flouting the rules
Companies with Psychopathic Leader usually experience increases in the following 7 problems:
- Heightened level of conflict
- Lower employee commitment
- Higher organizational constraints
- Heavier workloads
- Poor levels of training
- Lower job satisfaction
- An increase in employee absenteeism
Three Characteristics of Apathetic leaders
- Are not necessarily unethical, but they care little for ethics within the company
- Often view ethics as relative and optional in a business context.
- Often display no passion for the firm or the mission of the organization.
Above all, ethical leaders must
Model the ethical values they promote
When do Ethical Business Conflicts occur?
Occur when there are two or more positions on a decision that conflicts with organizational goals
One benefit of ethical conflict
It helps pinpoint ethical issues
What is involved when Leaders take an authentic, proactive approach to communication?
This not only involves listening to employee input but attempts to identify ethical issues before they lead to conflict
The 2 Dimensions of Conflict Management Styles
Assertiveness and Cooperativeness
Assertiveness
Acting in one’s own best interests
Cooperativeness
Working toward the best interests of the other person
The 5 Styles of Conflict Management
1) competing
2) avoiding
3) accommodating
4) collaborating
5) compromising
Competing conflict style of management
Competing leaders believe in winning at any cost and measure success by how much the other side loses
Avoiding style of conflict management
Leaders with this approach are not effective because they avoid conflict at any costs—even if it leads to misconduct
Accommodating style of conflict management
Individuals with this approach to conflict give in to the other side even if it means sacrificing their own interests and values.
Compromising style of conflict management
Believe the best approach to resolving conflicts is for each side to give something up in order to gain something of value
Difference between Compromising Style and Accommodating Style
Compromising leaders are still able to receive part of what they want
Difference between Compromising Style and Competiting Style
Compromising leaders allow the other side a partial victory that prevents them from assuming a competing style
Collaborating style of conflict management
Most advantageous.
Collaborate with others to find a creative way to obtain a beneficial solution
At the heart of Ethical Leadership, leaders must have what kind of understanding?
Understanding how other stakeholders manage conflicts can help ethical leaders determine whether their own style should be adapted
Employee empowerment is an essential component of:
A values-based organizational culture