Trust Me! Insights Into Ethical Leadership (Part 5 of 5)

The video discusses ethical leadership, emphasizing the importance of identifying core values and making decisions based on them. It highlights the challenges leaders face when principles conflict and the need for discernment. The video also stresses the significance of cultural management, rewarding ethical behavior, and the impact of decisions on the broader community. Leaders are encouraged to focus on doing the right thing for clients and maintaining high standards in business practices.

What is the first step in making ethical decisions as a leader?

• Consulting with team members

• Identifying personal and organizational values

• Analyzing market trends

• Reviewing past decisions

What is a common challenge leaders face when making ethical decisions?

• Deciding based on financial gain

• Balancing two equally important principles

• Following company policies strictly

• Choosing between right and wrong

Which question should leaders ask to ensure their decisions align with company goals?

• Can this decision be implemented quickly?

• Is this decision in line with the company's objectives?

• Will this decision benefit the shareholders?

• Is this decision cost-effective?

Why is it important to focus on how a company does business?

• It simplifies decision-making processes

• It differentiates the company in the marketplace

• It increases employee satisfaction

• It helps in reducing costs

What should leaders do when they observe unethical behavior?

• Wait for the behavior to change on its own

• Discuss it in the next team meeting

• Address it immediately and take corrective action

• Ignore it to maintain harmony

What is the impact of rewarding ethical behavior in the workplace?

• It creates a competitive environment

• It boosts morale and reinforces positive behavior

• It causes resentment among employees

• It leads to increased workload

What is a key consideration when making decisions for the broader community?

• The immediate impact on the company

• The potential for financial gain

• The ease of implementation

• The long-term positive ripples of the decision