In: Economics
Values of leaders play a big part in organizational culture because it determines how the rest of the organization will run in my opinion. As a leader they must recognize these values first for themselves and find a way to introduce them to the organization. Furthermore, a leader must figure out how his values will blend into the present culture. I think that if a leader claims that his values are respect, compassion and honest, then he/she should exhibit these values on a regular basis and this goes for both personal and professional life. As Whitmire (2005) mentioned in the text, without practice and reinforcement these values are worthless. For example, big cooperate companies like Enron, greediness was more important as oppose to being fair and honest which made the company go downhill from there. So at the end of the day, if the people at the top are not in sync with the leader’s values it will not help the organization. What are your thoughts?
In this era of globalisation, everyday there are newer and nobler organisations coming up. Each and every organisation appears to be promising in the short-run. Infact, they perform really well in the short-run. But when it comes to making profits and maintaining them over the years, they fail to subsist. The main reason behind this is organisational mismanagement and lack of values in the leaders. The biggest problem arises when it comes to taking blames for failures. Leaders, just can't take any blame while they desire to garner every bit of credit for wellbeing and wellness of the organisation. All this leads to resentment amongst the high ranked officers and they loose their mojo to deliver the best when it comes to improving the present state of the organisation. Infact, some leaders are really greedy. In the hope of making excessive profits in the short run, they simply discount the future and appoint people into the organisation as they desire to. All this leads to resentment amongst the topmost members of the organisation, leading to a downfall of the company.