Compare and Contrast Notions of Ethical Leadership

Presented by: Jill Charpia

Introduction Comparing and contrasting leadership concepts will help to provide an

understanding of the relationship of Ethical Stewardship, Trust, and Leadership.

The following areas will be discussed in this presentation: 1) How do Caldwell et al. define leadership? 2) In what manner do leaders serve as role models (better or

worse) for ethical behavior? 3) What impact does the concept of trustworthiness have on

the level of trust in organizational leadership? 4) How do Caldwell et al. describe ethical stewardship? 5) Do you agree with Caldwell et al.’s thoughts on the

importance of ethical stewardship? 6) What is the correlation between leadership, trustworthiness,

and ethical stewardship? 7) How is Unethical Stewardship Solved? Conclusion

How do Caldwell et al. define leadership?

Caldwell, Hays, and Long (2002) defines leadership by: “Honoring a model of leadership that rises to the level of ethical stewardship can enable businesses to build trust, improve profitability, and achieve more effective results long-term.”

Based upon Chemer’s Leadership model Incorporates 3 tasks:

Resource Development Resource Utilization Image management

In what manner do leaders serve as role models (better or worse) for ethical behavior?

Murphy’s Discussion on Responsibility Impact of Negative Role Models

Example: World War II Hitler’s influence

Separation of Powers US Democratic System

What impact does the concept of trustworthiness have on the level of trust in organizational leadership?

Relationship of Ethics and Leadership Levine (2013) Example:

Hilary Clinton, Presidential Candidate Strong and Experienced Leadership Poor Ethical Values Impact of Trustworthiness

How do Caldwell et al. describe ethical stewardship?

Caldwell (2013) utilizes James Carlopio’s statement to describe ethical stewardship. Carlopio (2002) states, “(t)oday’s leaders must resist the powerful

temptation of self-interest and must be motivated by broader values and principles ‘based on a morally established duty owed an a fiduciary obligation”.

Example: Body Armor Purchase Potential Consequences Relationship of Ethical Stewardship and Trust

Do you agree with Caldwell et al.’s thoughts on the importance of ethical stewardship?

Yes! Why?

Fundamentally Correct Concept Increasing consciousness of the Population

Example Enron Scandal

Leadership Failure Unintended consequences

What is the correlation between leadership, trustworthiness, and ethical stewardship?

Consider the Opposite Ethical Values and Poor Leadership Success Rates

Discussion-Politics and Our Leadership Compromise

How is Unethical Stewardship Solved? Short and Simple; It’s not Can be decreased

Increased level of financial wealth. Stronger Government Harsher Enforced Laws

Perceived Rate of Corruption By Country

Wikipedia, 2015

Continuing the Discussion Concept-Three legged Stool

Ethical Stewardship Trust Leadership

Common Perception and Norms Influencing Factors

Conclusion Comparing and contrasting leadership concepts will help to provide an

understanding of the relationship of Ethical Stewardship, Trust, and Leadership.

The following areas were discussed in this presentation: 1) How do Caldwell et al. define leadership? 2) In what manner do leaders serve as role models (better or

worse) for ethical behavior? 3) What impact does the concept of trustworthiness have on

the level of trust in organizational leadership? 4) How do Caldwell et al. describe ethical stewardship? 5) Do you agree with Caldwell et al.’s thoughts on the

importance of ethical stewardship? 6) What is the correlation between leadership, trustworthiness,

and ethical stewardship? 7) How is Unethical Stewardship Solved? 8) Continuing the Discussion

ReferencesCaldwell, C., Hayes, L. A., & Long, D. T. (2010). Leadership, trustworthiness, and ethical stewardship. Journal of Business Ethics, 96(4), 497-512. doi: 10.1007/s10551-010-0489-y Carlopio, J.: 2002, ‘The Best Articles about Leadership from the Last Ten Years’, BOSS Financial Review, August Edition, pp. 71–7Corruption Perceptions Index. (2015). Retrieved from https://en.wikipedia.org/wiki/ Corruption_Perceptions_IndexLakshmi, B. (2014). Leadership Ethics in Today's World: Key Issues and Perspectives. ASCI Journal Of Management, 44(1), 66-72. Levine, M., & Boaks, J. (2014). What Does Ethics Have to do with Leadership?. Journal Of Business Ethics, 124(2), 225-242. doi:10.1007/s10551-013-1807-yMurphy, P. E. (2009). The relevance of responsibility to ethical business decisions. Journal of Business Ethics, 90, 245-252. doi: 10.1007/s10551-010-0378-4 n.d., 2015. Easy Guide to Understanding ENRON Scandal Summary. Retrieved from http://finance.laws.com/enron-scandal-summarySagas, M., & Wigley, B. J. (2014). Gray Area Ethical Leadership in the NCAA: The Ethics of Doing the Wrong Things Right. Journal Of Intercollegiate Sport, 7(1), 40-57.