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Category: Business and Industry
Date Submitted: 07/23/2015 11:56 AM
Responsible leadership
1. Three major challenges within contemporary leadership
Capacity: * 1997 US Fortune 500 survey: 85% of organizations lacked quality and quantity of leadership talent. * ASTD (2012) Bridging the Skills Gap * Dept BIS (2012) 75% of organisations in England reported a deficit of leadership skills * PwC (2014) Report HR Directors in Ireland – Shortage of Management Talent | Context 1. Globalisation through trade 2. Globalisation through investment 3. Globalisation through human resource 4. Globalisation through exchange of knowledge | Crises |
2. Contextual issue for leadership
* 80 % of the world population live on less than $10 US per day
* The 300 biggest multinationals control 25% of the earth’s productive resources
* Changing nature of the economy
* Alienation from society
3. Responsible leadership Definition:
“social –relational and ethical phenomenon, which occur in social processes of interaction”
Maak & Pless (2006)
4. Key Aspects of responsible leadership
Involves:
* High degree of diverse stakeholder inclusion
(Donald & Preston 1995; Maak & Pless 2006; Schneider 2002)
* exercise of leadership which combine societal, environmental as well as economic responsibilities
(Doh & Stumpf 2005; Waldman & Galvin 2008; Waldman 2011)
* decisions that are informed by ethical considerations
(De Hoogh & Den Hartog 2008; Doh & Stumpf 2005; Pless 2007; Waldman & Siegel 2008)
5. Leadership ethics
Involves:
* What leaders do/who leaders are
* Nature of leaders behaviour/virtuousness
* Decision making situation ethical issue implicitly/ explicitly
6. Bass Theory of transformational leadership
Moving followers to address higher level needs
Moving followers to address higher level needs
Level of consciousness about the importance and value of goals
Level of consciousness...