Re: Integrity & Innovation
Broadway
6/21/2011 10:06:28 PM
That's why I think it goes beyond ethics. Ethics can be taught in B-school or hammered into managers through training. But maybe it's innate morality/immorality that comes out in that split second of panic when Weiner, for instance, is before the cameras and can't help but lie and cover up.
Or take the head of BP who took a beating during that crisis last year (remember he went sailing or something?). His behavior then didn't reveal immorality so much as an innate disdain for the common man's plight (or that's at least how the media and public took it).
Re: Integrity & Innovation
tokyogai
6/21/2011 5:19:10 PM
I agree- a liottle honesty buys a lot of forgiveness, while deceit breeds ill will. We see it over and over, but the lesson seems to be a hard one to learn.
Re: Integrity & Innovation
driven
6/21/2011 4:32:38 PM
Good point. Weiner could have avoided much of the commotion and possibly saved his job by just providing honest answers. We laugh at others mistakes, but then we forgive them. When the mistake involves a company,. we'll buy its products again, as long as we feel a sense of trust.
do you think the willingness of a CEO to accept mistakes -- honestly and openly -- is a reflection of his/her integrity?
Yes it is. The ability to accept responsibility is also connected to a number of traits that are necessary for effective leadership -
- honesty
- interpersonal intelligence
- 'buck stops here' grasp of reality
- vision, especially of how things will play out down different paths
- having no use for the 'blame game' and other internal politics that impactnow explained nicely
With his indignant and blustery protests, Congressman Weiner gave us a counter-example of effective leadership for several days before he ended up resigning.
Re: Integrity & Innovation
TelecomFreq
6/21/2011 12:49:42 PM
Noreen,
I would say yes, in the long run a leader who takes responsibility for their actions and is willing to step and and say when they were wrong will be a good or great leader.
as for the best leaders being the most ethical, that is hard to say, i would suggest that for the most part the majority of ethics are an individual thing, but there are some wide reaching basic ethics, and i would contend that a leader that has those qualities will inspire those qualities in those in their orginaztion.
Re: Integrity & Innovation
Phoenix
6/21/2011 11:24:39 AM
I think a good leader should have all the leadership qualities described but in addition to all that he or she should be able to work as a team with the employees of the organisation.He or she should be able understand human nature and be able to read both verbal and non-verbal cues when dealing with employees and customers alike. Recognise their skills and identify their strengths and weaknesses and be able to have the right person performing the right job.
TelecomFreq, do you think the willingness of a CEO to accept mistakes -- honestly and openly -- is a reflection of his/her integrity? Are the "best" leaders then the ones who are most ethical?
Re: Integrity & Innovation
TelecomFreq
6/21/2011 7:58:06 AM
thats a great point, and i think it translates well over to the investment world, it seems that a companys image recovers much better when their CEO is willing to step up and take responsibility for a mistake, it seems as the public is much more forgiving, and i think that is reflected in their stock price, but when a CEO tries to cover something up or beat around the bush it leaves a bad taste in the publics mouth, and if they are unlucky the media will have the same bad taste...
Re: Integrity & Innovation
yalanand
6/21/2011 6:35:11 AM
"I would say that a great leader can inspire innovation"
I totally agree with you that a great leader is one who inspires innovation. He should also have the courage to accept his mistakes when something goes wrong, because no human is perfect. Great leader is one who not only knows his strengths and weaknesses but about his team as well.
Re: Integrity & Innovation
Jacob
6/21/2011 4:20:32 AM
Noreen, you are right. Investments are depends up on performance of the company. Again performance depends up on the management policies and peoples in management board. Under an able leadership, companies can perform well and intern which increases the profit booked and revenue and hence a reflection in share value too. In such cases more retail investments can happens in shares. So all the investments are mearly depends up on company’s performance and again under the stable and able leaderships of management peoples.
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