Question

Choose at least two values that you hold personally sacred and discuss a possible strategic decision that could compromise these values. How would you manage this from a leader perspective?

Answer 1

Every individual should inculcate values in his/her life to live life with confidence and happiness. The two values that have to be important in an individual's lives are Honesty and Loyalty. These are the two values that every individual should adopt. Both the features in the individual's personality help him gain the trust of other people around him/her. The individual should not compromise the set of values for anyone in the world. However, sometimes the individual has to drop the values for any other person or stakeholder. For example: In the third person's benefit, A will have to conceal a fact from some other parties so that the third party does not start to think that A is not trustworthy. It is a situation where concealing and telling a lie becomes essential. The second example is for the compromise of loyalty. If a person is a customer and is getting a particular product at a much lower price with the same quality from another place, then he/she will buy the product from the other place. It leads to compromise with the loyalty. As a leader, A should ask the third party to let the second d party know about the vital information to cheat the second party in the first situation. In the following situation, if the consumer is a regular customer, then he/she should consult with the first seller about the prices and then make an informed decision. Hence, the mindset of a leader can help the individual to solve the problems.