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This brief explores the concept of moral leadership in
organizations. Specifically, it examines ways in which companies
can strengthen their reputation in the market and increase
performance by taking leading positions in the realm of business
ethics. It presents research from top scholars of Eastern Europe
contemplating the future of our global information and knowledge
society. How will the economic power nexuses of the world shift in
the foreseeable future? Are we becoming so interconnected and at
the same time divided that social capital (together with business
integrity and customer feedback) may matter more than money and
resources? How will education and creativity bridge the shrinking
gap between producers and consumers? Such questions and many more
are tackled by this brief. In the current global economy, we have
never before been more tightly-knit and never before has it been
easier to distribute goods as well as ideologies. However, in the
global marketplace we are only as good as our word, or our
reputation, proves to be. Integrity studies by Transparency
International show a correlation between corruption and national
threat and lists corruption among the most harmful factors to
impact local and regional economies. Therefore, successful
businesses cannot afford to simply remain materially successful;
they have to consider their community impact and become moral
leaders before they can be world leaders in their respective field.
Featuring innovative tools, recommendations, case studies and
checklists, this brief will be of interest to students, academics,
scholars, practitioners and policymakers alike in the fields of
leadership, corporate governance, business ethics and corporate
social responsibility.
This volume explores the value of business integrity and ethics as
a "best practice" model in business strategy. The authors define
business integrity, explore areas in which integrity is often
absent or discredited, and provide a framework and tools to help
build better business ethics and corporate social responsibility.
The volume aims to reveal that beyond the immediate economic
effect, corruption can ruin entire countries by destabilizing key
economic and political players, warping their vision for state
development. Against the backdrop of global financial and ethical
crises, the authors argue that integrity in business is a key
component for long-term success. Integrity includes the ability to
be consistent with one's moral values and principles and places
society's wishes at the center of business decision-making. The
cornerstone upon which a culture of integrity is built within a
certain business is the ethics code. It explicitly states the
values and principles to which a company adheres. The continuous
promotion, support and communication of the ethics code
stipulations provide the basis upon which integrity in business is
built. Featuring case studies from countries such as Sweden, Great
Britain and France and companies such Starbucks, Nike, PSEG, and
Anglo-American PLC, this volume provides a comprehensive study of
business integrity and social responsibility that will be of
interest to students, scholars, professionals and policy-makers
from around the world.
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