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Ethics in Contemporary organizations - Essay Example

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Summary
In business sense, the cultural environment of the organization influences the decision taken by either the management or the employers hence the need to decide what is wrong or right. To understand ethics…
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Ethics in Contemporary organizations
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Ethics in Contemporary organizations

Download file to see previous pages... Ethnic leaders should have strong moral values and principles and are able to control their feelings. As such, they should be able to handle stressful situations through self-control and tolerance. Such leaders should always strive for success and be able to balance their personal and professional lives. Additionally, good leaders should learn new strategies to handle issues through scholarly means, advance their learning skills and seeking feedback from the rest of the crew ethical leaders should always be energetic at their work to set a good example to the workers and increase the effectiveness of the organization (Dhar & Indian Society for Training & Development, 2009 ). As such, organizational leaders ought to have high ethical standards as it encourages the employees in organization to meet the same level of ethnicity. An ethical leader enhances the reputation of the company and this increases the effectiveness of the organization.
An ethical organization attracts customers and this helps in the boosting of the sales and profits of the company. As such, the investors of the business are always at peace that their money is being used in the right way. Ethical employees adhere to the rules and regulations of the organization and ensure that they offer quality services to the company (Dhar & Indian Society for Training & Development, 2009).With this; these principles ensure that employees stay and meet the goals hence increasing the productivity. An organization with high moral principles strives to keep its customers by making sure that they provide insurance covers to them. Increasing the employees’ retention reduces the cost of replacing more employees. The principles ensure that the organization keeps the talented work and this increases the organizations productivity.
A principled company ensures that there is a good relationship between the management and the vendors. Through this, the leaders make certain that vendors are paid on ...Download file to see next pagesRead More
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