LEADER'S ETHICS - A REQUIREMENT FOR BUSINESS SUCCESS

Madalina Tala ()

The AMFITEATRU ECONOMIC journal, 2008, vol. 10, issue 23, 97-102

Abstract: In the past, they were called chiefs, rulers. Now they are known as leaders. In the past there were habits, commercial customs. Today these are called business ethics. Leadership and business ethics have existed in their present, modern sense, for only four decades, period during which they succeeded in accumulating a vast scientific and casuistic set of instruments. However , constant changes require an active attitude. Ethics is a domain which can be improved. So is leadership. The connection between these two domains creates a certain type of leader , the ethic leader . Somewhere in the future, although it’ s hard to predict the exact moment, this association must become pleonastic. A business leader must implicitly be an honest person, with strong principles, which manages the organization’ s resources in a responsible manner , taking into account all the stakeholders. In order to become an ethic leader , it is necessary to adopt some of the practices stated in this paper . The enumeration isn’ t exhaustive, but they can provide an opportunity for the leader to promote ethics within the firm. The effects of adopting an ethic behavior can be observed in time. This is why some of the leaders prefer to invest in other areas, which produce faster results. The bet on ethics can be won only through patience, perseverance and support from the leaders.

Keywords: leadership; business ethics; management; excellence; stakeholders (search for similar items in EconPapers)
JEL-codes: M12 M14 M19 (search for similar items in EconPapers)
Date: 2008
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