Free

Leadership and Corporate Behavior - Essay Example

Comments (0) Cite this document
Summary
1) To take the first part of the question about how the teams might be predisposed towards unethical behavior, this usually happens when the team members and the manager have had a history of deviant behavior and are known to break rules. Hence, the best way to get the teams…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Leadership and Corporate Behavior
Read TextPreview

Extract of sample "Leadership and Corporate Behavior"

1) To take the first part of the question about how the teams might be predisposed towards unethical behavior, this usually happens when the team members and the manager have had a history of deviant behavior and are known to break rules. Hence, the best way to get the teams towards good behavior is to ensure that they are audited for their performance and consistency in meeting the standards laid down by the company. The predisposition towards unethical behavior is usually by teams that have a lack of clear-sighted leadership from the manager or the CEO as the case may be (Augustine, 1995).
Hence, the point needs to be made about team selection taking priority at the initial stages itself and then selecting and choosing team members in such a way as to ensure that people who have a history of ethical behavior are selected. This can be done at the time of hiring and recruitment itself. The team members must be hired after thorough background checks and vetting so that any previous disposition towards unethical behavior is found out (Salmon, 1993).
Leadership is all about leading from the front and by example. Hence, there is a need to develop leaders who are capable and also exhibit ethical behavior. This is the primary requirement for leadership. So, the teams that are to be formed should have the leaders in such a way as to ensure that illegal activity and recourse to unethical behavior is curbed. In conclusion, it is incumbent upon the team leadership to guide the team in such a way that ethical norms are followed and that the team follows normative rules of behavior consistent with those drawn up by the ethics committee (McCall, 2002).
2) A crisis management plan has to anticipate crises, plan for contingencies and have a mitigation strategy when the crises arise. This is the essence of a good crisis management plan. To take each of the components in turn, a good crisis management plan must be able to anticipate future crises from happening. Though all crises cannot be anticipated, there are many of them that can be identified at the beginning of the planning process. These include the system outages, threat of building collapse and accidents involving personnel (Daboub, 1995).
The next step would be to have a back up plan for contingencies that revolves around the ways and means to deal with the crises. For instance, there can be back up servers when the main server crashes leading to an outage. Similarly, there can be an alternative site that can house some personnel in case of damage to the main building. All these crises can erupt at any time and it is better to be prepared in advance. The mitigation plan is the component that that outlines the steps needed to be taken to prepare for contingencies. Hence, purchase of additional servers to meet any system outage is the mitigation strategy for a case where system outage is anticipated (Davis, 2002).
Apart from the scenarios listed above, there can be crises arising out of the unethical business practices that result in loss of reputation and financial loss as well. These can be anticipated and prevented by having risk and compliance officers who monitor the teams to find any instances of unethical behavior among the team members. In conclusion, it is the duty of the chief risk officer or the compliance officer to deal with crises and the final bottom line responsibility being the CEO. Hence, the VP of Risk management has the responsibility to develop a crisis mitigation plan.
Sources
Anderson, D. (2002). Three keys to leading through crisis. Credit Union Executive, 28 (18), 12.
Augustine, N. R. (1995, November-December). Managing the crisis you tried to prevent. Harvard Business Review, 147-158.
Davis, H. S., & Murray, M. E. (2002). Corporate responsibility and accounting reform. Banking and Financial Services Policy Report, 21 (11), 1–8.
Daboub, A. J., Rasheed, A. M. A., Priem, R. L., & Gray, D. A. (1995). Top management team characteristics and corporate illegal activity. Academy of Management Review, 20 (1), 138–170.
Felo, A. J. (2001). Ethics programs, board involvement, and potential conflicts of interest in corporate governance. Journal of Business Ethics, 32, 205–218.
McCall, J. J. (2002). Leadership and ethics: Corporate accountability to whom, for what and by what means? Journal of Business Ethics, 38, 133–139.
McCall, J. J. (2002). Leadership and ethics: Corporate accountability to whom, for what and by what means? Journal of Business Ethics, 38, 133-139.
Salmon, W. J. (1993, January-February). Crisis prevention: How to gear up your board. Harvard Business Review, 71(1): 68-75.
Weiss, R. P. (2001). Crisis leadership. Training and Development, 56(3), 28-33. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Leadership and Corporate Behavior Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Leadership and Corporate Behavior Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1557427-leadership-and-corporate-behavior
(Leadership and Corporate Behavior Essay Example | Topics and Well Written Essays - 500 Words)
Leadership and Corporate Behavior Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1557427-leadership-and-corporate-behavior.
“Leadership and Corporate Behavior Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1557427-leadership-and-corporate-behavior.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Leadership and Corporate Behavior

Organizational Behavior and Leadership

...behavior studies also helps employees become good leaders and entrepreneurs. For a leader, it is essential to have a good understanding of the needs and behaviors of the followers. The needs of the employees also shape individual behaviors in many ways (Harris & Hartman 2002, p. 201). Without having an understanding of the individual behaviors, it is impossible for a leader to work towards the cause in an appropriate manner. The basic traits of every leader are common. Joy (n.d.) asserts, “Whether it is team leadership, corporate leadership or global leadership, the basic traits of a good leader remain...
7 Pages(1750 words)Essay

Leadership and Organizational Behavior

... Diversity Index assessment which contain quarterly Leadership Measurement System (QLMS) to ascertain their quality service to their diverse customers; to determine their ethical behaviors at work albeit diverse personalities; and about how they gravitate in the workplace with mutual trust among co-employees and managers (p. 216); d. Accountability and Reward—AllState used the Diversity Index as one of the bases to determine compensation to encourage employees to maintain commitment and their responsibilities to contribute to corporate goals (p. 216). It also affords benefits to proficient workers and incentives through free services (p. 216). 2. Discuss how organizational policies and procedures can impact organizational ethics... ? HOW...
5 Pages(1250 words)Assignment

Organizational Behavior & Leadership

...?Organizational Behavior and Leadership Organizational bases of power refer to the power that a person employs because of holding an official management position within the company or corporation. The various bases of power are legitimate power, reward power, coercive power, referent power and expert power (Turner, n.d. a). Legitimate power is taken from decision-making authority, which is exercised by virtue of a supervisor or a manager’s position in the entity. Reward power is primarily dependent on the ability of the manager or head to confer rewards for the outcomes and behaviors that are positive or which has exceeded the standard expectation of the company. Coercive power is the power of a manager to exact fear as a form... fine or...
3 Pages(750 words)Essay

Organizational Behavior & Leadership

...? ORGANIZATIONAL BEHAVIOR ……………………… College………………………………. …………………. Introduction Human skills, abilities, experiences and expertise in performing a task are organizational resources from the view point of business and hence utilizing these resources effectively is critically important to business success. Motivation is one of such managerial tools for improving human skills. This piece of paper addresses expectancy theory of Motivation and explains its components. This paper attempts to apply expectancy theory to a scenario in which employees under two different supervisors are not equally competent in achieving the desired goals. Expectancy Theory of Motivation and its three components Expectancy theory, first established...
3 Pages(750 words)Essay

Organizational Behavior & Leadership

...? ORGANIZATIONAL BEHAVIOR Assignment- 2 ……………………… College………………………………. …………………. Leadership and Styles Leaders are those who influence others to make changes by doing what they want them to do. Leadership is not merely getting things functioned through others, but influencing them by making positive attitude in them to do or involve in doing things. There are different styles in leadership such as transformational, transactional, situational etc. This paper explains three different leadership styles from the examples of three different leaders. Leadership style in Executive-A Executive-A seems to be transformational in his...
3 Pages(750 words)Essay

Leadership & Organizational Behavior

...? Leadership & Organizational Behavior Question I believe that the role of Chief Financial Officers (CFOs) in the current business context has become more multifarious and demanding than it was ever before. The responsibilities of CFOs have significantly risen due to many factors and economic conditions that have dramatically influenced the overall operations of organizations in the modern day context. The economic turmoil in the recent past years has further led towards assigning CFOs with the daunting task to achieve more with less effort and investment (Daum, 2008; Zorn, 2004). CFOs are now required to play a more hybrid role as an adviser, strategist, operational manager which makes it a challenging...
8 Pages(2000 words)Research Paper

Organizational Behavior & Leadership

...Organizational Behavior Describe each of the five bases of power demonstrated in the given scenario. Social psychologists describe five sources of power in an organization: coercive, referent, legitimate, expert and reward power (Champoux 317). They each manifest in different ways in an organization. In this corporation A, each of these five powers is manifested and they all have implications on the employees’ work performance in the long run. Coercive power is the use of force and threats of punishment to demand results from an employee. In the marketing department, the marketing manager encourages employees to work over the 40 hours required failure to which they will not be considered for the yearly...
2 Pages(500 words)Essay

Leadership and Organizational Behavior

...Leadership and Organizational Behavior Discussion: Why Joes employees need to understand the importance of how people form perceptions and make attributions Joe’s employees need to understand the way people form perceptions and make attributions because other employees in the company have been making large number of sales by fostering good relationships with the customers. The relationship between a salesperson and a customer plays a decisive role in whether or not the individual would make a returning customer in the future. “Every employee who is in contact with external customers affects customer satisfaction” (Hennig-Thurau and Hansen, 2000, p. 171). In order to foster good relationship with the customers, it is imperative... that Joe...
7 Pages(1750 words)Essay

Group Behavior and Leadership

...Submitted by: XXXXXXX Number: XXXXXXX XXXXXXX XXXXXX XXXXXXX XX – XX – University of XXXXXXX Group Behaviour and Leadership Group decision making has a major impact and influence on social clique in an organisation (Stasser and Davis). When companies opt to use group decision making, this leads the dissolution of social clique and allows all individuals and individual views to be well received. However in some cases, social clique has a negative impact on the overall group decision making. People of the social clique tend to make all decisions and expect this to be the decision of the overall teams. Hence there is a more causal relationship between the two. Group decision making, not only causes the social clique to...
1 Pages(250 words)Essay

Organizational Behavior & Leadership

...Organizational behavior and leadership February 18, Organizational behavior and leadership Human resources, unlike other resources in organizations, have psychological characteristics that require motivation towards efficiency and effectiveness. Leadership scope involve influencing people to achieving objectives and therefore play a significant role in organizational set ups. Different leadership styles exist with distinct characteristics that offer diversified potential of influence. A corporation has undergone a transition under its current Chief Executive Officer, Executive A, who is about to retire. The officer has...
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Leadership and Corporate Behavior for FREE!

Contact Us