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Ethics and Business Success - Essay Example

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Many businesses today are struggling in today’s economy. Even those that have remained successful are always looking for ways to improve their success, from the inside out. They seek ways to improve their productivity, efficiency, and the way their company functions as a whole. …
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Ethics and Business Success
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"Ethics and Business Success"

Download file to see previous pages They seek ways to improve their productivity, efficiency, and the way their company functions as a whole. Two of the articles printed in the Journal of Value Based Leadership offer ways to improve businesses in two very different ways. The first, "Secrets of Your Leadership Success-The 11 Indispensable E's of a Leader," by M.S. Rao, essentially offers a positive, team friendly approach that will give a path to strong leadership. The second, "The Conscious Organization: Prospects for a Self-Actualized Workforce,” by John Renesch, supports developing your business using the ideas of psychological theorists, Andrew Maslow and Carl Jung, treating the business as you would a person. It places the value on the needs of the whole company, but less on its individual parts. Renesch’s approach to gaining success within a business is mixing the principles of Maslow’s self-actualization and Jung’s “shadows,” which are things that block a person from achieving their highest potentials. The author believes that by viewing businesses in the same way that you look at a person you can make the best of it; pretending that a business has the same need to self-actualize as a person does. He, also, focuses on a tightly structured organization within the business. He explains that anything that gets in the way of the success of the business it should be eliminated for the sake of the business. This is the basis of a “Conscious Organization,” which the author created in the 1990s. The author promotes that a successful business and successful people are those who are willing to evaluate themselves, their values, and relationships all of the time. “Living this sort of self examined life is what brings meaning and worth (Renesch 74-77). In the second article, Rao takes a different approach. He discusses how any successful business needs strong leadership if they hope to be successful. He suggests that the “11 E’s” are those traits or behaviors that can guarantee that someone is on the right path towards leadership, and they are easy to remember as they all start with the letter “E.” It is the combination of these elements, he says, can and will develop into the best kind leader in the best kind of business. Both articles are very interesting in their approaches. However, Rao’s article offers such a positive way of creating a happy work environment and good teamwork, while Renesch’s view is very cold. It does not seem to care about the needs or issues of the workers. Renesch want to treat the business like it is a living person and the people are like replaceable parts. The two writers are very different. For example, if there was an employee who was not working to their best possible ability; Rao would work to encourage that employee to do better, but Renesch would call this employee a “bad” employee and want to get rid of them. In this context, there is no room for anything except what is good for the business. Rao’s article appears to value the employees and Renesch’s does not really feel like that. His article feels like he sees individual people are just parts, when one is no good just throw it out and replace with a better one. This kind of heartless business practice does not always make for a good business to be a part of, even if the profits are high. People, I think, will work harder for people and for goals when they feel that they matter and the contribution that they make is important. When I enter into the business world I want to make the best choices that I can. I agree with Renesch when he explained how important being able to change and grow in the business industry, but it is Rao whose article I think will benefit me the most when I enter into my career field. Having a good way of becoming a strong leader ...Download file to see next pagesRead More
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