Chapter 7 – The Role of Values and Ethics at Work

This chapter illustrates why leadership by values is important, Understand the role of courage in character formation and know the role of the leader in setting the moral tone and ethical climate of the workplace. importance of values are organization must have a sound set of values on which it premises all policies and actions to survive and achieve success. people define characteristics in different ways what they say is important, what they do is more important and what they sacrifice for is the most important. Character is based on a value system that is known, cherished, stated, lived, and lived habitually. there are 5 compromising points are Know one’s values, Cherish one’s values, Declare one’s values, Act on one’s values and Act habitually on one’s values. Organizations are creating the role of an ethics ombudsman to monitor ethical practices and procedures. Communicating ethical standards, Designing systems to monitor employee’s adherence to the standards, Teaching managers and employees how to respond to ethical dilemmas.