Wednesday, May 6, 2020

Effective Leadership, Decision Making And Ethical Management

Introduction This paper critically evaluates whether effective leadership, decision making and ethical management are linked together both in practice and in theory. In doing the evaluation, theory has been put into test against the practical professional examples. In today’s modern world, globalization of economies and advancement of technology have shortened the bridges between international communities. Hence, it has become imperative for the leaders to take into consideration the borderless economies for almost every action they take including becoming an effective leader, taking critical decision and managing ethics. The paper, therefore, finds out how the leaders of world can take organisational decisions that are ethically correct and become effective in their leadership. Whatever may the ways of doing so, by learning continuously from the surroundings and remaining committed to improve themselves, leaders can gradually and eventually reach to this desired effectiveness. A leader is the one who leads everybody else and hence, is the one who takes all the critical actions. Therefore, business leaders should not only take decisions that will benefit the organisation and themselves but also consider what will be the impact of their decisions on other individuals, organisations, governments and societies (Stansbury 2009). Best and effective leaders demonstrate their clarified values and ethics and imbibe them into their effective leadership style through their actions.Show MoreRelatedDifferent Philosophies And Theories On Effective Leadership And Management1112 Words   |  5 Pagesdifferent philosophies and theories on effective leadership and management. Over time, these theories and ideas have been proven either successfully or unsuccessfully. The key component that stands out is the actual person who is in the leadership or management position. This individual needs to produce many characteristics to ensure smooth and effective management. 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