StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Leadrship Development and business Ethics - Coursework Example

Cite this document
Summary
The first ethical issue involved the company’s chief financial officer, Micheal Sears and Darleen Druyun who at that time worked as a…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER96.6% of users find it useful
Leadrship Development and business Ethics
Read Text Preview

Extract of sample "Leadrship Development and business Ethics"

The case under study elaborates on the ethical problems within the airline company Boeing, involving individuals in the top level position. The firstethical issue involved the company’s chief financial officer, Micheal Sears and Darleen Druyun who at that time worked as a high-ranking acquisition officer with the US Air Force. The ethical issue is about the job offered to Druyun by Sears while she was reviewing a refueling tanker contract between Boeing and Air Force. Druyun was also charged with supplying competitor details pertaining to the bid to Boeing and in addition also negotiating a high-price deal for the contract with Boeing.

Druyun later retired from her government position and joined Boeing. However, both Druyun and Sears were later fired for ethical misconduct based on the allegations from the US Department of Justice. When an internal probe into the ethical issues was conducted it was discovered that Druyun and Sears were involved in unethical activities and that the Boeing chairman Philip Condit was also involved in the discussions. With both Sears and Druyun pleading guilty of ethical misconduct they were both slapped with fines and respective terms of imprisonment.

In another ethical issue, Boeing was accused of having accessed trade secrets of its competitor, Lockheed Martin and for which a former top executive was charged with ethical misconduct. Several other such ethical issues cropped up during the tenure of Condit. In one such case it was alleged that Boeing had manipulated its financial statements in order to clinch a merger with McDonnell Douglas. Another law-suit was filed by female employees of Boeing accusing the company of discrimination by lesser pay for the women employees and refusing their promotion.

In addition the company was also accused of racial discrimination towards its employees especially African Americans. Condit was also known for his romantic liaisons with the female employees at Boeing. Later following two ethical scandals on the issue of bribes and sexual harassment, Condit resigned from his post of CEO which was then taken up by former President and Chief operating officer, Harry Stonecipher. Less than two years later Stonecipher had to resign his post due to an extramarital affair with a female Boeing employee that stood to violate the code of conduct of the company.

Thus major ethical issues within the company involved CEOs who are expected to set and follow ethical standards. And most of the issues involved financials stakes and personal interests. While the Druyun episode had high financial stakes for the company, workplace discriminations and sexual harassment were the major issues during the reign of Condit and Stonecipher. While the leadership has the major responsibility of setting the code of conduct and work ethics within an organization, in the case of Boeing it was these individuals who belied these standards and acted against the company ethical framework.

The employees had nothing to look up to in these individuals and they were the most affected in these issues as the name of the company took a beating. The main leadership issues that warranted immediate attention was integrity and a strict adherence to the code of conduct agreement set by the company. If these individuals had concentrated on their leadership skills it would not tainted the image of the company among the general public. In addition, an emphasis on ethical behavior from the top management would have boosted the employee morale and prevented incidences such as sexual harassment.

James McNerney who took over the reins as CEO, brought several changes within the organization which included settlement of criminal charges against the company and a broader evaluation criteria for top executives. While financial goals were given priority, integrity and ethical leadership were also given due importance under his management.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Leadrship Development and business Ethics Coursework - 1”, n.d.)
Leadrship Development and business Ethics Coursework - 1. Retrieved from https://studentshare.org/management/1635463-leadrship-development-and-business-ethics
(Leadrship Development and Business Ethics Coursework - 1)
Leadrship Development and Business Ethics Coursework - 1. https://studentshare.org/management/1635463-leadrship-development-and-business-ethics.
“Leadrship Development and Business Ethics Coursework - 1”, n.d. https://studentshare.org/management/1635463-leadrship-development-and-business-ethics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Leadrship Development and business Ethics

Chief Ethics Officer

They need to advise and assist the corporate management in the development and maintenance of the codes of conducts.... Chief ethics Officer Table of Contents Introduction 3 Job Description of Chief ethics Officer 3 Parameters Necessary to Avoid Organ and Leadership Toxicity 5 Ethical Guidelines to Avoid the Toxicity 6 Internal Control In Order to Identify and Remove the Contributing Behavior 7 Level of Leadership Required to Handle the Situation 8 Conclusion 9 References 10 Introduction Corporate ethics play a vital role in ensuring good corporate governance along with corporate management....
5 Pages (1250 words) Assignment

Business Ethics Managing Performance in an Ethical Company

[Supervisor Name] business ethics managing performance in an ethical company business ethics programs have always raised eyebrows for Directors and managers especially when no employee has protested against unethical behaviour.... Managers argue that business ethics programs can cost money to the organizations; as more business-focused companies tend to gain sales with more attention towards performance.... This paper discusses how performance is managed within an ethical company, what Performance Management means for a company and when integrated with business ethics, how it can improve business efficiency....
4 Pages (1000 words) Term Paper

M1A2- Leadership and Ethics

Education, leadership and business ethics: Essays on the work of Clarence Walton.... Suggest ways in which the interrelationship between values, morals, and ethics be used to address this crisis.... Hence, the inter relationship between values, morals and work ethics was established in a bid to solve the crises.... Hence, for one to be ethical, they need to posses ethics and moral values.... Textbook on professional ethics and human values....
3 Pages (750 words) Assignment

Leadership Ethics - Attracting Followers in the Area of Universal Values

The state of research on leadership ethics is similar to the state of business ethics twenty years ago.... The paper "Leadership ethics - Attracting Followers in the Area of Universal Values"  provides a viewpoint that leaders frequently are seen as the personification of such values.... ethics, then, fabricates at the very center of leadership.... Most scholars and practitioners who write about leadership genuflect at the altar of ethics and speak with hushed reverence about its importance to the leadership....
10 Pages (2500 words) Term Paper

Ethics and Values in the Work Place

he discussions about international business ethics are as old as international business itself.... Throughout the decades of the 1980s and 1990s business ethics was mainly a branch of learning being trained in business schools and argued by scholars.... 'Silva (2007) defines business ethics and values as an ability to distinguish between right and wrong, good and bad etc.... business ethics may be an approach of honorable doctrines practiced in the business world globally....
4 Pages (1000 words) Research Paper

Business Ethics in Organizations Management Team - Saving the Turtles

The paper "business ethics in Organization's Management Team - Saving the Turtles" highlights that the government is a powerful body and it can play a very effective role in making sure that the obligations and ethics are met in any organization or workplace.... hellip; business ethics is quite vital in the success of any organization.... A recent development in North American beaches has significantly reduced the existence of these species as that's where they breed....
8 Pages (2000 words) Case Study

A Study in Ethics - What's you ethical style

Several leading multinational or domestic organizations are trying to implement effective ethical leadership styles based on the situation of the workplace in order to motivate and guide entire workforce towards the developed corporate goals and business objectives.... Now-a-days, several business A study in Ethics- What's your Ethical Style Introduction Several leading multinational or domestic organizations are trying to implement effective ethical leadership styles based on the situation of the workplace in order to motivate and guide entire workforce towards the developed corporate goals and business objectives....
2 Pages (500 words) Essay

Ethics and Leadership

?Managing business ethics.... The author of the paper "ethics and Leadership" will begin with the statement that leadership and change are two essential aspects of an organization's functioning.... Considerable emphasis has been laid upon the association that exists between leadership and ethics.... ethics are the guiding principles that guide the course of actions of leaders during the implementation of change.... ethics and Leadership Leadership and change are two essential aspects of any organization's functioning....
1 Pages (250 words) Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us