Lecture Art of Leadership and Motivation - Lecture 28

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 Must report violations 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... 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