In: Economics
Discuss (in a few sentences) the importance of managerial ethics in the relationship between managers and the people they supervise.
Ethical leadership is an important element for good working of
management for the managers as well as the employees at all the
levels of enterprise. The managerial ethics not only is important
for maintaining the relationship between the managers and his
subordinates but also for creating a healthy and ethical
environment for better working for the employees as well as
managers.
The codes of conduct are sometimes alone sufficient for the
managers to make good decisions. But taking care of the unity
between this subordinates and himself, is an important fact to be
looked after seriously. When the subordinates work unitedly and
cooperate with their manager and follow the instructions given then
the working place becomes comfortable for everyone to put in their
best. In enterprises where these points are not taken care of, the
conflicts between the employees as well as between the subordinates
and their master rises. For better working conditions, some norms
and ethics can be followed easily, so that their are no problems in
the enterprise and the working of the enterprise is affected