LDR800 Full Course Assignments Module 5 assignment

Ethical Governance and Organizational Stability

With the easy identification and communication of unethical business activities via electronic media, business ethics and the responsibility of business leaders to conduct business in an ethical manner have become a topic of conversations and legal actions. Nothing is hidden in the modern business world; the ethics surrounding the decision making process are readily visible to the public and directly influence the stability of an organization. In this assignment, you will explore the relationship between ethical governance, transparency, and organizational stability.

General Requirements:

Use the following information to ensure successful completion of the assignment:

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

Doctoral learners are required to use APA style for their writing assignments. The APA Style Guide is located in the Student Success Center.

You are required to submit this assignment to Turnitin. Refer to the directions in the Student Success Center.

Directions:

Write a paper (1,500-1,750 words) in which you discuss the relationship between ethical governance, transparency, and the stability of organizations.

Include the following in your paper:

A research based discussion of the characteristics of ethical governance. How is ethical governance evident in the operations of an organization?

A research based discussion of the components of organizational stability. How are they are evident in the organization?

A discussion of the ethical responsibility of a business to be transparent in its operations. How much is a business ethically obligated to divulge to the public?

A research based discussion that presents the relationship between ethical governance, transparency, and organizational stability.

MORE INFO 

Ethical Governance and Organizational Stability

Introduction

Board governance is the responsibility of the board, which includes both directors and independent directors. It’s important to remember that boards are not just a rubber stamp for management decisions. They also play an important role in performance management and oversight of ethical standards within the organization.

The board’s role in corporate governance

The board of directors’ role in corporate governance is to act as the “guardian” of the company and ensure that it operates according to ethical principles. Boards are also responsible for performance management, which involves evaluating a company’s financial results, assessing its strengths and weaknesses, setting goals for improvement, appointing key members of management, assigning rewards or sanctions based on performance results (for example, bonuses), etc.

Finally, boards need to be involved in developing an organizational culture that supports ethical leadership among employees—and this includes ensuring there’s no discrimination against minorities at all levels within your organization.

The board’s role in performance management

The board should oversee the performance management system. This ensures that it is aligned with your company’s strategic objectives, and that it provides accurate information on how well you are doing against those goals.

The board also has a role in ensuring that there is an effective culture of ethical governance within your organization.

Ethical Leadership

Ethical leadership is the ability of a leader to inspire and motivate people to achieve the organization’s goals. The ability of leaders to make moral choices, act on those decisions and produce results through their actions is at the core of ethical leadership.

Ethical leadership requires that you have a strong sense of what is right or wrong in your business context, as well as how best to apply your values in order for them to be effective within that context. In order for this kind of behavior from your employees/partners/customers (etc) then it will also need some formality around who has these rights (e..g., who gets access).

Organizational Stability

Organizational stability is a key factor in managing risk. It has been linked to organizational governance and ethical leadership, which are essential for creating an environment that can withstand external shocks. In fact, research shows that companies with more stable cultures tend to perform better than those without them—which means you should be concerned about the state of your company’s culture if it isn’t healthy!

Organizational stability also plays an important role in performance management. If people feel safe from being fired or punished for bad behavior (or even just speaking up), they’ll be more likely to come forward with suggestions on how things could improve; this leads directly back into our first point: having high-quality leaders who know how to inspire confidence among employees will help ensure long-term success as well as short term gains.

Performance Management

Performance management is a process that helps organizations evaluate how well individuals are performing. The goal of performance management is to provide feedback, support and rewards that motivate high performers and prevent underperformers from becoming disengaged or leaving the organization.

Performance management can be used to:

• Identify top performers by giving them recognition or rewards that they desire (e.g., a raise).

• Identify high potentials by using different methods such as 360 reviews, 360 feedback sessions and peer coaching sessions with key stakeholders in their area(s).

Takeaway:

You’ve probably heard the terms “ethical leadership” and “corporate social responsibility” before. But what do they mean? And how do they relate to ethical governance?

Ethical governance is a set of practices that aims to improve organizational performance, create positive corporate culture and improve decision-making processes. It also requires a strong organizational culture of ethics. In short: it means doing good business in an ethical way by embedding values into your organization at all levels—from top leadership down through employees and everyone else who works there

Conclusion

The board of directors plays a critical role in the ethical governance of organizations. They must have the ability to make decisions independently from management and share those decisions with management, as well as the ability to manage change over time. Boards are responsible for setting company policy and ensuring that it is implemented across all levels of the organization. The board should also oversee performance management processes, including compensation programs and incentive plans based on individual performance metrics like revenue growth targets or customer satisfaction scores. Finally, boards must serve as an important sounding board for leadership teams so they can receive feedback directly from their employees about issues within the organization that need attention before they become major problems down stream

Collepals.com Plagiarism Free Papers

Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.

Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS

Why Hire Collepals.com writers to do your paper?

Quality- We are experienced and have access to ample research materials.

We write plagiarism Free Content

Confidential- We never share or sell your personal information to third parties.

Support-Chat with us today! We are always waiting to answer all your questions.