The Humanitarian Social System

2.9 Moral Principles and Professionalism Mafunisa (2001:335) states that moral principles are rules or standards governing the moral conduct of employees in an institution. According to Mafunisa, moral principles deals with values relating to human conduct, with respect to rightness or wrongness of particular actions and to the goodness or badness of the motives and ends of such actions. Rightness refers to what ought to be or what is approved and wrongness to what ought not to be or what is disapproved by the society. Kanyane (2010: 82) explains that within the context of the public service, leaders and managers need to possess high standards of principles and professionalism, two convergent qualities that could be considered non-negotiable

Abstract The aim of this paper is to study how to mitigate and avoid the perils of hubristic leadership in an organization by using risk management concept. The objective of this study is to identify the main factors that influence the hubris leadership and how the perils of hubris leadership might be mitigate and avoid by using risk management concept. Finally, the main factors that influence the hubris leadership is such like excessive self-confidence, self-importance, egotism, an incentive and abrasive, aloofness or arrogance, betrayal of personal trust and overdependence on a mentor and risk control has been used to minimizing the risk of the loss in hubris leadership by using techniques of risk avoidance and risk reduction. The concepts advanced, and implications discussed, provide an insight into the role of leader in reducing hubris and this paper suggest that future research should attempt to examine other factors that may influence the hubris leadership.

When an ethical lapse causes the enacted values to misalign with the organizations espoused values then performance drops and also can be a gateway to more ethical lapses. The managers and leaders must try to reduce the gaps between espoused values and enacted

With regards to the currency question, a wide range of answers is, at least prima facie, possible. Examples of such answers include welfare, resources, jobs, happiness, et cetera. With regards to the timing question, there are basically three options. The first option is to claim that there should be perpetual fair equality of opportunity, meaning that at each point in one’s life, one’s opportunities should be equal to the opportunities of those who are equally talented. The second option is intermittent fair equality of opportunity, meaning that at certain points in one’s life, fair equality of opportunity should hold.

According to the lesson, individuals use different moral philosophies depending on whether they are making a personal decision or a decision related to work. Goals and pressures are different when it comes to the decisions of success in the work place or in a person’s life outside of work (Ferrell, Fraedrich, & Ferrell, 2015). The lesson also stated that an employee might view a specific action as good in the business sector but unacceptable outside of work. I would say as one of the investment feeders, I should be held responsible to the highest extent for any part that I played in the loss of the investor’s money.

ETHICS DEFINATION: “The branch of axiology or knowledge that deals with the standards, moral values and acts of right or wrong is known as ethics.” BUSINESS ETHICS: “The branch of ethics which deals with the moral values of any business is known as business ethics.” • In business ethics, there is a sense of responsibility which lies between the suppliers and the customers. • In business ethics, we learn how to run an organization with the basic requirements and teachings of ethics. • To run an organization a person must know how to respect others and how to take care of emotions of others.

Moral hierarchical culture has gotten developing enthusiasm for business ethics investigate. It has been perceived that other than 'taking care of business', it is additionally vital how it completes and that esteeming moral practices can be a critical advantage for the association. It is likewise imperative to recognize that even great workers can settle on dishonest decisions if their condition does not underline moral values and weights them to satisfy here and now monetary objectives at any cost (Ethics Resource Center 2010). At the point when moral values and practices are executed in the association, representatives feel connected with and focused on the association, and they feel less weight to bargain the association's benchmarks (Ethics

When it comes to ethics, we look to leaders to lead on ethics and take responsibility for both good and bad results. Leaders who lead ethically are role models, communicating the importance of ethical standards, holding their employees accountable to those standards, and- crucially- designing environments in which others work and live. But, what happens when these leaders begin to cross that fine line of what is ethical and what it is not? The follower must then step up and remind the leader of what is right. The follower must remind the leader of the very things that the leader has taught the follower about ethics.

A different approach indicates: “Irresponsible leadership was the primary cause of the global economic crisis of 2008”, and ‘responsible leadership’ is one response to the deficiencies in existing leadership frameworks and theories (Pless & Maak, 2011:3 ). Waldman and Galvin (2008:327 ) argue that other leadership theories lack the element of responsibility and that it is key because responsibility constitutes “…the heart of effective leadership.”. They also view responsibility as lying at the heart of effective leadership, adding for emphasis that “to not be responsible is to not be an effective leader.” They also argue for a relational approach to responsible leadership of which more

Suhas Christy (1321721) Ethical issues in strategic management Strategic managers face a wide range of ethical issues such as conflict between goals of the enterprise and individual goals, the fundamental rights of individual stakeholders including stockholders, customers, employees, competitors and the general public. Stakeholders of the company have the right to receive accurate and timely information about the money that they have invested into the company. This is the basic right of every stakeholder and it is unethical to violate that right by the company. Those who understand the stakeholder perspective argue that the managers should always behave in an ethical manner by recognizing the fundamental rights of the stakeholders and not

Ethics in a professional setting is a set of principles, ideas and attitudes on what right and wrong. We use these ideas and attitudes to control the way a profession is practiced. These moral standards by which people make personal and business decisions are what a company is ultimately judged by. It defines a company’s reputation.