Question

Why is ethics in leadership important?

Answer 1

Business ethics are the moral principles that guide the behavior of business. Ethic culture is very important in business environment. It is very essential to make a right kind of environment at work place and do the right things. Managers play important role in determining whether the employees are living by the company's values and expectation. Doing business ethically and in right way which will benefit the organization, the employees, the customers, the society and the environment.

Ethical leader is the the leader who is influenced by ethical belief and values and focus on what is right and wrong. Ethical leaders should lead by example and should communicate the importance of ethical standards to its employees. Ethics in leadership is important because: -

• It influence the leader to take ethical decisions related to business and work environment.
• It makes the business sustainable and more environment friendly by making safe products and minimizing social and economic impact.
• It helps in improving the staff productivity by involving them in decision making process to make the business green.
• It plays important role in guiding the organization to meet the goal effectively.
• Ethical behavior, culture and environment influence the behavior of unethical person and changes their attitude towards life.

Ethic culture is very important in business environment. It is very essential to make a right kind of environment at work place and do the right things. Managers play important role in determining whether the employees are living by the company's values and expectation. Doing business ethically and in right way which will benefit the organization, the employees, the customers, the society and the environment.