The Power of Ethics: Rethinking Leadership Roles at Workplaces

Abstract

In the past leadership roles at workplaces looked only into bringing profits to organizations, compete with each other and create a brand image come what may. The emergence of incorporating moral and ethical codes developed when both employees and leaders of organizations big and small got involved into unethical practices which lead to tremendous loss in business and involved legal cases. Not only the reputation of such companies got tarnished but gradually they started losing their authenticity in the business world. Surprisingly, moral codes and ethical standards always existed in the organizations’ policies but their relevance was recognised only in the twenty first century when business organizations began to merge and expand worldwide because of globalization and the system changed forever. Organizations today simply cannot compromise with unethical practices and values. Today, organizations believe that good leadership is not merely competing, bringing profits and creating image but also transforming workplaces and bringing changes in the lives of people through ethics. Studies reveal that the integration of ethics within leadership roles can bring significant benefits at workplaces.  Morally upright leaders foster good business, encourage excellent task performance, make powerful decisions and nurture corporate vision. This paper studies the relevance of blending leadership with ethics with a purpose to fetch substantial impact at workplaces.