Ethical Leadership - Essay

Topics: Ethics, Business ethics, Leadership Pages: 2 (577 words) Published: December 14, 2011
Ethical Leadership
Ethical leadership promotes social responsibility as part of its corporate culture. It treats all it stakeholders with fairness, honesty, and respect at all times. Ethical leaders consider the consequences of their decisions to others, and look for ways to minimize harm. By incorporating social responsibility into the corporate culture, an organization should enjoy continued economic success. Its products and services should be well received and its reputation will promote good will, which translates into ongoing support in the community and in the marketplace. Three such organizations that promote social responsibility are PETCO, Home Depot and New Belgium Brewing Company. PETCO’s code of ethics established a corporate culture that would foster social responsibility. The code of ethics addresses all areas of organizational risks associated with “human resources, conflicts of interest, and appropriate behavior in the workplace” (Ferrell, Fraedrich, & Ferrell, 2011). The codes primary emphasis was that an “animal’s health, well being, and humane treatment.” (Ferrell, Fraedrich, & Ferrell, 2011) should always come first. PETCO’s commitment to social responsibility is established by its vendor selection programs, pet adoption programs and partnerships with animal welfare agencies. By establishing these programs, PETCO shows that it cares about the pets and the pet owners in the communities it serves. Social responsibility at Home Depot has its origins in the values of its founders, Bernie Marcus and Arthur Blank. They believed strongly that their company should give back to the community in whatever way they could. Home Depot’s approach to social responsibility has four focus areas. These areas are affordable housing, the environment, youth at risk; and disaster preparedness and relief. Another way that Home Depot fosters social responsibility in the community is through its employee volunteer program, Team Depot. Team Depot consists of...

References: Ferrell, O., Fraedrich, J., & Ferrell, L. (2011). Business Ethics Ethical Decision Making and Cases. Mason: South-Western Cengage Learning.
Wann, D. (2001, Spring/Summer). Brewing A Sustainable Industry. Retrieved November Monday, 2011, from Terrain.org: http://www.terrain.org/articles/9/wann.htm
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