1.Distinguish between authentic leadership, transformational leadership, and servant leadership. Are all necessary to change individuals and social systems within an organization?
2. Identify three reasons why there may be ethical leadership failures and explain why failed leadership occurs.
3.In well-governed companies, a sense of accountability and ethical leadership create a culture that places organizational ethics above all else. What role does organizational culture play in preventing financial shenanigans from being used to manage earnings?
4. Values-driven leadership as envisioned in the Giving Voice to Values technique poses the following question: Once I know what is right, how do I get it done and get it done effectively? Discuss how an authentic leader would go about addressing this question.”
- Authentic leadership is characterized by leaders who are transparent, self-aware, and true to their values.
- Transformational leadership involves inspiring and motivating followers to achieve their full potential and achieve collective goals, while servant leadership focuses on serving others and putting their needs before one’s own.
- While each of these leadership styles has unique characteristics, they are all important in changing individuals and social systems within an organization.
- Authentic leadership sets the tone for transparency and trust, transformational leadership motivates followers to change and improve, and servant leadership creates a sense of community and shared values.
(2)Ethical leadership failures can occur for several reasons, including
- lack of awareness or understanding of ethical principles,
- pressure to achieve results at all costs,
- lack of accountability or consequences for unethical behavior.
Failed leadership can occur when leaders prioritize their own interests over the well-being of others or the organization, fail to create a culture of ethical behavior, or are unwilling to take responsibility for their actions.
- Organizational culture plays a critical role in preventing financial shenanigans and ensuring ethical behavior.
- When a company has a culture of accountability and ethical leadership, employees are more likely to prioritize ethical behavior over short-term financial gain.
- By promoting transparency, creating consequences for unethical behavior, and fostering a sense of shared values and purpose, a company can prevent financial shenanigans and create a culture of ethical behavior.
- An authentic leader would approach the question of “how to get it done effectively” by aligning their actions with their values and building trust with their followers.
- They would focus on creating a shared vision and purpose, and communicating this vision to others in a way that inspires and motivates.
- An authentic leader would also prioritize building relationships and creating a culture of transparency and accountability, which would help to ensure that ethical behavior is prioritized and that actions are consistent with values.
- Finally, an authentic leader would take responsibility for their actions and be willing to make difficult decisions, even when they are unpopular or challenging.