Ethical Leadership
What is an Ethical Leadership? Ethical leadership is the practice of leading people and making decisions based on a defined set of values, such as fairness, accountability, trust, honesty, equality, and respect. These values form the core foundation of ethical leadership. Ethical leaders focus on creating the most value for society and they encounter and overcome cognitive limitations that keep them from acting ethically as they would want. Why Ethical Leadership is Important? Ethical leadership is essential for effective management and organizational success, as it shapes a company's culture, values, and reputation. It is critical for building stakeholder trust, increasing staff engagement, and influencing decision-making. Ethical leaders not only set a good example for their staff, but also help to create a more ethical organizational culture. Finally, ethical leadership is critical for sustaining integrity, establishing trust, and assuring long-term business practices in today...