Moral Leadership: a Transformative Model for Tomorrow's Leaders

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Moral Leadership

Moral Leadership
A Transformative Model for Tomorrow’s Leaders
Cam Caldwell

Moral Leadership: A Transformative Model for Tomorrow’s Leaders Copyright © Business Expert Press, 2012. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means—electronic, mechanical, photocopy, recording, or any other except for brief quotations, not to exceed 400 words, without the prior permission of the publisher. First published in 2012 by Business Expert Press, LLC 222 East 46th Street, New York, NY 10017 www.businessexpertpress.com ISBN-13: 978-1-60649-253-6 (paperback) ISBN-13: 978-1-60649-254-3 (e-book) DOI 10.4128/9781606492543 Business Expert Press Strategic Management collection Collection ISSN: 2150-9611 (print) Collection ISSN: 2150-9646 (electronic) Cover design by Jonathan Pennell Interior design by Exeter Premedia Services Private Ltd., Chennai, India First edition: 2012 10 9 8 7 6 5 4 3 2 1 Printed in the United States of America.

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Contents
Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 An Introduction to Moral Leadership ................................1 Leadership and Trust........................................................23 Leadership and Governance: The Obligations of Stewardship .......................................47 Leadership and Culture ...................................................65 New Paradigms for the 21st Century: Why Traditional Leadership Models Fail ...................................................87 Leadership, Goal Setting, and Performance Measurement ............................................105 Strategic Leadership and Competitive Advantage ...........125 Leadership and Sustainability.........................................139 Leadership in an International Context..........................157

Chapter 10 Transformative Leadership—Discovering Your Personal Greatness .........................................................175 Notes..................................................................................................189 References ...........................................................................................203 Index .................................................................................................215

CHAPTER 1

An Introduction to Moral Leadership
Over 50 years ago, Warren Bennis observed that “more has been written and less known about leadership than any other topic in the behavioral sciences.”1 Since that wise observation, Bennis has become one of the most widely read and most respected leadership scholars in the world. Although leadership continues to be a topic that is written about extensively in the public press and by respected scholars, few of those books focus on both personal self-assessment and the specific application of the principles of leadership to help readers to become great leaders. Let’s begin the task of helping you to not only understand more about leadership but to determine how you can become more effective as a leader in the world around you. Moral leadership is the effective achievement of shared goals by honoring duties owed to a multitude of stakeholders. Leaders who are perceived as moral earn the trust of others and are more effective in earning high commitment from followers. Nearly everyone struggles in their quest to be an effective leader, but we universally depend upon leaders as we strive to create a world that adds value to ourselves and to others. The relationship between leaders and followers is a two-way obligation that is implicitly built upon mutual trust, shared understanding, and the honoring of express and implied obligations. Despite the acknowledged importance of leadership, the evidence from recent public surveys confirms that employees across all industries lack trust in their companies’ senior leaders, their...
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