After studying this chapter you will be able to understand: Women and leadership perspective, gender and leadership styles, gender and leadership effectiveness, the glass ceiling, breaking the glass ceiling, women and leadership approach.
Art of Leadership & Motivation HRM – 760 Lecture 28 FACILITATOR Prof Dr Mohammad Majid Mahmood Corporate Social Responsibility & EthicsII Ethical Principles No discrimination should be done on the basis of caste, color, and religion The polices should be fair and transparent Proper provision of safety should be provided by the company to the employees There should be honesty, loyalty, and integrity in the employees The company’s resources should not be utilized by the employees for their personal usage Ethical Principles • Information about employee’s personal lives, health, and work evaluations should be kept confidential • To neither give nor take any illegal payment, remuneration, gift, donation, or benefits to obtain business or favors • To comply with all regulations regarding preservation of the environment Ethical Principles • • • • • Rights and equitable treatment of shareholders Interests of stakeholders Role and responsibilities of the Board Integrity and ethical behavior Disclosure and transparency Advantages of Ethical Behavior • • • • Brand image Greater loyalty Greater commitment of employees Employees become more creative Why have a Code of Ethics? • • • • To define acceptable behavior To promote high standards of practice To provide a benchmark for selfevaluation To establish a framework for professional behavior and responsibilities CODE OF ETHICS TRANSITION Compliance Integrity Enforcement Inspiration Punishment Motivation Directive Educational Secretive Open Are Ethics and Business Compatible? Are Ethics & Business Compatible? • In an extreme, business and ethics may seem incompatible: – Earning profits may also be unethical – In Islamic finance, earning interest is unethical – Possession itself may be unethical in extreme sense • Lots of businesses may need violence of some degree: – E.g., Medical research • Where we draw the line between business and morality: – If the approach is subjective, then ethics lose their meaning as everyone defines ethics to suit one’s convenience Powerful Brand Interbrands 2011 ranked coca cola the no.1 brand in the world and estimated its brand value at $150 billions Coca Cola in Pakistan Established in 1964 Corporate Social Responsibility The good side of picture CocaCola and its Employees Cocacola’s top priority for the employees are: Health and safety Training and development Respect and rights protection 26 Code of Conduct Employees Must: Avoid conflicts of interest Safeguard the company nonpublic information Never attempt to accept bribe Fairly deal with customer and suppliers Protect the company asset CocaCola and Environment Establish objectives and targets Work with local communities Use recycle able packaging Comply with local environmental laws 28 Community Education Providing education to youth in underdeveloped areas of China Improving their infrastructure Libraries Community (Cont’d) Community (Cont’d) Sports Encourage more active lifestyles physical and nutrition education programs Environment Environmental Performance Aspire to environmental excellence Focus on environmental efforts on three area: water use; packaging; and energy use & climate protection Coca cola in Colombia More then 70 years in business Employs more then 2000 Colombians 5000 retailers Employee’s Benefit Cola Cola provides its employees with: Emergency cell phones Transportation services Secure Housing Additional security for union leaders 24 hour hot line Conclusion “Those who can see the deepest into the past can also see farthest into the future” FACILITATOR Prof. Dr. Mohammad Majid Mahmood 1-36 ... preservation of the environment Ethical Principles • • • • • Rights and equitable treatment of shareholders Interests of stakeholders Role and responsibilities of the Board Integrity and ethical behavior... To refresh the world in body, mind and spirit” “ To inspire moments of optimism through our brands and our action” “ To create value and make a difference everywhere we engage” Values Leadership Passion ... To define acceptable behavior To promote high standards of practice To provide a benchmark for selfevaluation To establish a framework for professional behavior and responsibilities CODE OF ETHICS TRANSITION Compliance