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Work Ethic- Leadership Qualities 12-Feb-2015

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Work Ethic- Leadership Qualities

Work Ethic- Leadership Qualities12-Feb-2015What is meant by work ethic? A set of values that inform how you go about your work

Advocates personal accountability and responsibility based on the intrinsic and extrinsic value of your work. 5 dimensions of work ethicIntegrityAn employee with integrity fosters trusting relationships with clients co-workers and supervisors. Co-workers value the employee's ability to give honest feedback. Clients trust the employee's advice. Supervisors rely on the employee's high moral standards, trusting him not to steal from the company or create problems.

Sense of ResponsibilityA strong sense of responsibility affects how an employee works and the amount of work she does. When the employee feels personally responsible for his/her job performance, he/she shows up on time, puts in his/her best effort and completes projects to the best of his/her ability.Emphasis on QualitySome employees do only the bare minimum, just enough to keep their job intact. Employees with a strong work ethic care about the quality of their work. They do their best to produce great work, not merely churn out what is neededDisciplineIt takes a certain level of commitment to finish your tasks every day. An employee with good discipline stays focused on his goals and is determined to complete his assignments. These employees show a high level of dedication to the company, always ensuring they do their part.Sense of TeamworkMost employees have to work together to meet a company's objectives. An employee with a high sense of teamwork helps a team meet its goals and deliver quality work. These employees respect their peers and help where they can, making collaborations go smootherWork ethic and leadershipLeaders Need To Walk The Talk When It Comes ToIntegrity Three professors from Universitys Kellogg School of Management did a research and found no correlation between the advertised values and the profitability of the organizations concerned- however they did find that a real culture of integrity does add value to the company.Sense of ResponsibilityAs decision-makers within our primary value-creating institutions (i.e., companies), business leaders wield immense power and influence, to be used for good or ill.

Emphasis on QualityQuality in business has never mattered more as online customers can compare products from all over the world, consumers can find objective data on the World Wide Web and read user-generated reviews. When users are unhappy with products or services, they use social media to tell the world about it. As many as 75% of B2B customers rely on word of mouth when making purchase decisions.

an environment in which employees not only follow quality guidelines but also consistently see others taking quality-focused actions, hear others talking about quality, and feel quality all around them.

DisciplineSteve Jobs said that his most important mission is to make sure Apple decides what not to do, an axiom known as, Get rid of all the crappy stuff. Discipline requires a sharp focus on a strategy that lights the way and a plan that allows us to relentlessly implement that strategy. It requires us to limit our attention to the strategic handful of those things that will make greatest impact in our personal and professional lives.

Sense of TeamworkEmphasis on skills and attitudeTom Watson founder and CEO of IBM . An executive had made an error costing the firm $30,000.00, at the time a considerable sum of money. Watson called him in and grilled him about how the error had been made and what he'd learned from what he'd done. The executive, sure he was simply being toyed with, finally burst out, "Why don't you just fire me and get it over with?" Watson, genuinely surprised, answered, "Fire you? We've just spent $30,000.00 training you. Hosmers model A re-lookHosmer (1987) argued that current strategic planning systems used by many firms emphasize improvement in competitive position. According to Hosmer, these systems categorize poorer performing divisions as a potential for liquidation or sale.

When a division finds itself in this position, there is a great incentive for its management to take short-term actions to save itself. Actions which might be unethical or are directly contrary to the moral standards, either explicit or implied, of organizations are rationalized to be acceptable in order to "save" the firm (Ferrell and Fraedrich. 1991Hosmers model2 Feb -2015RBSHow to make moral decisions? Hosmer offers a six step process for resolving particular questions of the form:What is the right thing to do about X(where X is some moral issue?)Step 1: Clarifying the moral problem OR Explaining why X involves a moral problemStep 2 Develop the possible alternative courses of action you could pursue to resolve X. It can include possible compromisesStep 3

Trying to resolve as many of the factual issues as reliable information will supportStep 4

Consider the impacts each course of action will have on you ,the person making the decision and whether there are some ways to impact negative impactsStep 5Apply all of the ten ethical principles on Hosmers list

Step 6

End up with a moral solution that you can support ,explain and if necessary defend.