Ethical leadership is related to employee job satisfaction by impacting a positive influence on employee performance (Resick et al., 2011). The ethical leadership also found to increase the intrinsic motivation and job responses (Piccolo, et al., 2010). The willingness of the employee to report any concern and problem also depends on the organization culture and leadership behavior (Brown et al., 2005). It is also studied that a leader with strong ethical traits can affect positively to task significance and autonomy of the employee job (Ruiz, Ruiz & Martinez, 2011). According to them, the followers have willingly perceived the good traits of their leaders and thus good moral, values are practiced in an organization that can shape the overall
Mission Statement: “We solve complex challenges, advance scientific discovery and deliver innovative solutions to help our customers keep people safe and provide them essential services”. After examining Lockheed Martin’s mission statement, it is my opinion that there mission statement gives a clear indication of their purpose and what they contribute to society. Lockheed Martins’ mission statement shows that they take on challenges of an ever-changing market, and they do so by advancing technology and innovations to enhance their customer’s way of life. This mission statement displays a sense that Lockheed Martin cares about their customers and feels responsible for their well-being. Additionally, Lockheed Martin presents a perfect example
Building good working relationships, it encourages team works well together and allows staff members to feel more comfortable in offering suggestions to solve company issues. A leader could also improve their decision-making by having a wider access to information about supply and procurement. With good relationship with stakeholders could increase the organizational effectiveness to achieve the goals. This indirectly will improve corporate reputation and the avoidance of the unnecessary negative press. Several characteristics make up good, healthy working relationships: Trust, mutual respect, mindfulness, welcoming diversity and open communication.
They would set the tone for other employees to follow. It is not a simplistic guideline for judging one’s ethics either. If a person has good ethics, they should excel in all areas despite the situation they are placed in. A person’s character and attitude also help to determine what their morals are like. Therefore, it is not too
Business experts also believe ,situational approaches encourage friendship and open communication between supervisors and their employee’s. This is a good criterion for hiring managers to use since, it creates sincerity in various business situations .I believe the contingency approach is closely related to the situational management style since, it uses similar adaptable, authoritative and honest behavior to run corporations. These approaches also, help supervisors make sounder business decisions and it also helps them quickly resolve business management
Instead, morality should be included in management process. Since Mr. Song has integrated morality with regulation, he believed benevolence, rightness and integrity are able to boost the enthusiasms of the team members and make the atmosphere in the workplace harmonious. It is the advantage derived from his leadership style. For example, the integrity and rightness requires a leader sticking to what he or she has promised. Being practical, realistic as well as reasonable will produce a true friendship regardless hierarchy.
Next, the mission statement will remind the company its basis of competition and competitive advantage. This will benefit Plastico as it incorporates stakeholder management and primary stakeholders aiding the company to effectively respond to multiple constituencies ensuring a common understanding of purpose and commitment. Lastly, strategic objectives will help the company to operationalize the mission statement. This will help to channel all employee’s efforts towards a common goal. Plastico will be able to concentrate valuable resources and motivate employees to higher levels of commitment and resolve interpersonal conflicts for the company goals.
Every etiquette that a business has, will reflect on what kind of company or business you are. Thus, every company or business must show the proper and right etiquettes it should have, so that the customers will have that kind of trust and a good feedback on your company. Being an ethical business captivate and keep employees, stakeholders, and employees as they consider knowing
Transparency can be defined as about being open, honest, and responsible in the way someone carries on their business. This mean sharing, to whatever extent possible, fact about the company on how it is set up, how it operates, what is salaries and bonuses are based on and how its workers are expected to treat customers and each other. Transparency important for the long-term health of a company because it is to avoid damage reputation of the business, attract and retain good employees, boost employee morale, trust and loyalty and for longer term business performance and sustainability. Transparency can be included trustworthiness of a company and company relations. It is important for a company to take into consideration and be responsible to the needs of all organization’s employees and other economic agents because it can give serious impact for the future of an organization.
Monsanto was founded in 1901 in St. Louis, Missouri, but it did not begin its industrial and chemical research until the 1920s. Monsanto’s pledge states, “We want to make the world a better place for future generations.” (Monsanto) Monsanto is pretty bad in the sense that it harms the environment. However, there have been several claims against Monsanto and its use of harmful GMOs.