Ethical Competence

For strong leadership and to give clear instructive orientations, strong

ethic is a must. This can be achieved by:
Positive and sympathetic approach
Pre-set goals and values
towards both employee
participation and customer
Humility Strict observance of satisfaction
Trust standards & regulations
Respect for life
Truthfulness
Partnership

Management should promote a clear defined stance on ethics which should be in

Conscience line with the today’s global environment that:
‘’The spirit of the company will depend strongly on the entrepreneurial and
A leadership based ethical cooperative spirit of the labour force complementing the senior management
competence framework guidance”
• An analogy of navigation of a big ship through a stormy sea at night helps us understand a similar application for the role
of a leader and the value of ethics in his decision making. Managing a company for a CEO requires certain qualities
beyond technical and organisational instruments and solid psychological constitution are required.
• Below are the structural elements of ethics of business behaviour for individuals working within corporations-

Clear Identification and Awareness of Goals

1 -Not only helps well-being of company & shareholders, but that of all stakeholders- suppliers,
clients, employees etc. where the functioning of the company is seen in wider perspective

Sense of Orientation
2 - This goes beyond knowledge of information, which in an integrated perspective keeps the
overview making a realistic evaluation and promotion of appropriate business strategy

3 High Moral Standards

-Coordinated System with globally valid and unchangeable ethical standards independent of
time or space, and encompass as a standard for principle of humanity
4 Inner Compass
- Set of ethical guidelines which includes an uncompromising conscience and works
irrespective of upheavals and changes in any global, social, political or economic events