Prompt: Compare and contrast qualities of leadership in the Good Business context with the qualities of leadership you have learned about in other business courses and/or in your practical experience. Are there any surprising similarities or differences? Will the same governance rules apply to all businesses, or are there reasons to customize which policies to write down and what content to include?
For Primary and Response posts:
Write in complete and grammatically correct sentences. Check
your spelling. Your ideas are less valuable if they are poorly communicated.
Quantity only matters to the extent that it allows you to
show your quality. You will be assessed on what you say, not how much you say
it.
Disagreements and contrary opinions are encouraged, but
mutual respect must be always maintained. Some of these topics may be divisive.
Diverse and even unpopular opinions are encouraged. Belligerence and cruelty,
however, are tools of the intellectually bankrupt. Attack ideas, not people.
Initial Post to this:
Compare and contrast qualities of leadership in the Good
Business context with the qualities of leadership you have learned about in
other business courses and/or in your practical experience. Are there any
surprising similarities or differences? Will the same governance rules apply to
all businesses, or are there reasons to customize which policies to write down
and what content to include?
& a Response to this:
Good business typically emphasizes ethical, sustainable, and
socially responsible practices. Leadership qualities usually align with those
that prioritize not just being profitable but also the positive impact they
have on society and the environment. The following provides examples of some
comparisons and contrasts in the context of academic courses and practical
experience:
Ethical leadership in a good business prioritizes ethical
decision-making, transparency, and integrity. The leadership that makes these
decisions considers not only the short-term but also the long-term effects
their actions have on all the stakeholders. However, some businesses put
emphasis on ethical decisions only because of legal compliance or shareholder
value. When I was in the military, I noticed that there was always a difference
in approach between those who genuinely believed in doing what was morally
right and those who did the right thing simply because they did not want to be
punished for not following regulations.
Another example would be social responsibility. A good
business would have leaders that prioritize social responsibility, community
engagement, diversity, equity, and inclusion initiatives. Some organizations
acknowledge social responsibility, but it may not be a central theme in their
business strategy.
A final example could be leaders in an organization that
fosters a culture of innovation. This type of company would have leaders who
actively encourage their employees to think creatively and embrace change to
address societal advancement. Other businesses may value these attributes but
be more focused on improving products or processes.
There is a growing recognition across the business world
that there is importance to integrating sustainability, ethics, and social
responsibility into their organization. The principles are similar across the
board, but the implementation and degree of consideration are different.
Depending on the priorities of what the company finds most valuable, there may
be a reason to have some policies written down or what specifically about that
value needs to be included.