Leadership and Ethics

Topics: Business ethics, Ethics, Management Pages: 4 (1341 words) Published: December 14, 2012
John D. Rockefeller once said, “Don't be afraid to give up the good to go for the great.” It’s a powerful quote that provides an insight to the type personality that a good leader should have. There are those that are always good, and beneath them are the individuals who settle for good enough. It is however to respect the moral obligations that are also involved. Value isn’t always measured in terms of currency but also in ethical capital. The actual definition of the word, ethics as read in the New International Dictionary of the English Language by Funk & Wagnalls is, “philosophy of human conduct, with emphasis on the determination of right and wrong.” By meaning is a balancing act or better yet a choice as to whether or not to do the right thing. Leaders often choose not to uphold the law or their responsibility to choose right over wrong and in doing so mark not only themselves but their company as immoral and corrupt. It all starts with leadership and trickles down to the team below, for when the head of the snake makes a mistake the body pays the price. For the new millennia, with Enron, Madoff, and the decay of the business ethics, there are the emergence of practices to reinstate the proper tools for business students to use in order to sustain a moral factor when becoming entrepreneurs. However small an oath might be, it constitutes a promise, not only to the world but to themselves to uphold the moral fabric of money making. Jay Goltz reports in his article for the New York Times titled , Business Ethics and Serving the Greater Good, “Nearly 20 percent of the Harvard Business School’s graduating class had signed “The M.B.A. Oath,” a voluntary, student-led pledge that the goal of a business manager was to “serve the greater good.” The pledge promises that Harvard M.B.A.’s will act responsibly and ethically and refrain from advancing their “own narrow ambitions” at the expense of others.” Words aren’t worth much, in fact, they’re close to worthless...
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