Thursday, February 20, 2020
Leader ' shadow Essay Example | Topics and Well Written Essays - 750 words
Leader ' shadow - Essay Example Another key responsibility of leaders is the ability to listen. The needs of others should become before that of a leader. Smart leaders know how to get the best out of their employees or subordinates because they understand that making people happy helps to produce a better and more productive work environment. Besides this, leaders also have responsibilities that they must keep, such as to the board of directors, the CEO, and potential new clients to the business. Leaders also have access to information that may be off limits for regular staff. However, if they mismanage that information, then the results can be disastrous for the organization as a whole. This paper will look at one area where managers can cast shadows: the mismanagement of information. This can either happen in one of two ways--the manager knows about it and is trying to gain something out of it or is lying about to cover up his mess, or the manager does not know how to collate information properly due to a deluge of information. Leaders who have a good recognition can face a dilemma when they are caught out doing something unethical or illegal. The latter has serious consequences, but a managerââ¬â¢s reputation can be severely damaged if unethical behavior is discovered. It can also help the image of the brand or company that the manager is representing. There are positives and negatives for coming out and admitting a mistake and also to try to keep something secret. One example of this could be in the case of a general manager choosing not to admit to a middle manager that the business is actually failing and some staff will need to be laid off. The general manager could choose to inform his subordinate of the bad news, but would this result in decreased morale among the employees and also a decrease in output. On the other hand, the manager could not reveal his plans for the company and only share the information on the day that some employees will
Tuesday, February 4, 2020
Business ethics and law Essay Example | Topics and Well Written Essays - 1000 words
Business ethics and law - Essay Example The current business market in the United Kingdom has become a very competitive one. Companies are going to great extents in order to attract the customers to their services and products. This competition is very healthy for the generation of a profit making market that has got fair services for the consumers The competitive nature of these markets also helps with the improvement of the quality of the services and the products that the different companies and organizations make available for their customers. It is the social responsibilities of these businesses to use the resources that are in their disposal and engage themselves in activities that will increase the generation of profits. However, these activities have got to stay within the laws that have been set by the government regarding the ethical conduct of the businesses. This paper will focus on this law and how they do help in the creation of a free and fair competitive market for all the businesses in the United Kingdom. Business ethics and the legal implications that accompany it have become one of the most important factors in the UK market today. These business ethics and laws have got a very important role to play in terms of controlling the conduct of the competition between these businesses. The laws that have been set solely focus on the growth of ethical elements in the markets in order to allow for a fair conduct of trade and business (Bantekas, 2004). These laws do cover the social responsibility and principles which govern the competitive markets for the businesses in order to create a smooth platform for the conduct of trade. This also serves as a means of protecting the consumers from extortion and cheating by these businesses which might seek to take advantage of them in the name of being competitive and trying to win them over. The social responsibility of these laws is to create an environment where there is there is balance in between the employees of the companies, the stakeholders and the customers. Each one of these three members is entitle to fair services in the business market regardless of the competition (Maloni & Brown, 2006). Observation of the business laws and ethical conducts when it comes to the operational activities is very important. Management of any business has got the responsibility of acting in ways which ethical in making the decisions on how to go about the operational activities of a company. The operational activities need to be considerate of the greater good of not only the organization but that of its employees as well (Trevio & Nelson, 2007). The managers have thus got the responsibility of watching out on how they behave towards the employees since that might impact their reaction either negatively or positively. One of the primary roles of the business laws in the UK is to enable the managers demonstrate the right type of behavior towards their employees especially when addressing them on how to go about the operational activiti es of the company. The managers have got to be keen not to overwork these employees in the name of making profits for the company (Moser, 2009). Business laws and ethics are always looking for ways through which competitive advantage can be created in the UK market (Hartman, 2008). Thus, the business ethics do come up with imaginations that have been collectively multifaceted. These imaginations in the market are complicated so as to enable them grow significantly with time in the businesses. The competition levels in the markets force most of the managers to make some very radical decisions regarding the company (Henry, 2012). All this is usually aimed at making the business more competitive in the market. However, some of these decisions made might create a conflict between the managers and the shareholders. This is because of issues arising from trust and honesty. The shareholders might think that the managers are making these decisions in order for
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