Business leaders who want to root out unethical practices need to start at the very top of their organization, experts say. People find it easier to rationalize their unethical behavior when leaders have failed to communicate values and consequences. “If the moral conclusion you come to is exactly what would be in your own self-interest, it’s worth checking again,” says University of Michigan professor David Mayer. READ CNNMoney/Fortune.
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5 Traits of Communication for Successful Leaders
Leaders who can communicate their vision and inspire others to carry it out share some broad habits, writes Gretchen Rosswurm, director of global corporate communications at Celanese. Such leaders are honest, consistent, transparent, engage their audiences and welcome input from stakeholders, she writes. READ SmartBrief/SmartBlog on Leadership.
How To Spot A Born Leader
Some people are naturally gifted leaders — and if you’re lucky enough to have such individuals on your team, it pays to nurture their talents, writes Andy Trainer. Born leaders are forward-thinking individuals who ask lots of questions, go out of their way to help their peers and have an instinctive ability to identify and solve problems. READ SmartBrief/SmartBlog on Leadership.
The Hidden Cost of A Winning Strategy
All successful strategies come with strings attached, write Laurence Capron and Will Mitchell. Firms that find workable solutions often become dangerously over-reliant on their tried-and-tested tactics, and fail to diversify or adjust to changing situations. READ Harvard Business Review online/HBR Blog Network.
5 Things That Make Your Company Less Accountable
A culture of accountability is a must-have for successful businesses, but it’s all too easy for bosses and workers to grow complacent, writes Steve Tobak. Vague frameworks of responsibility, a lack of follow-through and hypocritical bosses can all erode a company’s accountability. “[E]xecutive management teams at consistently successful companies make accountability a priority and, therefore, avoid these pitfalls. … [I]t’s a necessity in our hypercompetitive business world,” Tobak warns. READ CBS MoneyWatch.
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