110. The most effective business leaders are those who maintain the highest ethical standards.
Discuss the extent to which you agree or disagree with the opinion stated above. Support your views with reasons and/or examples from your own experience, observations, or reading.
The assertion at issue is that business people who uphold the highest ethical standards are the most effective leader. I strongly agree with this statement. For a while , unethical behavior might seem effective. But a few examples from the investment banking industry keenly illustrate how dishonesty and corruption in leadership can bring a business to its knees, shattering the trust of its employees and ruining its reputation with clients.
Consider the cases of Michael Milken, former head of junk bond trading at Drexel Burnham Lambert, and Paul Mozer, formerly in charge of Salomon Brothers government bonds trading. Each of these men engaged in double-dealing and other illegal acts, reaping tremendous profits for their companies, and winning the admiration of subordinates and superiors alike. However, their successes were relatively short-lived . Securities Exchange Commission investigations in each case revealed massive wrongdoing. As a result, Drexel went out of business. And Salomon Brothers barely recovered, after suffering the forced resignations of its top executives, a financially devastating loss of reputation, and the exodus of many valued employees.
Moreover, Salomons survival is probably owing entirely to its subsequent leadership under Warren Buffett. Buffett, who was on the Salomon Brother board of directors at the time of the scandal, was brought in to save the beleaguered company. His success in keeping it afloat at all can be directly tied to his sterling ethical reputation in the international business community at the time. Buffetts reputation restored at least some lost confidence among clients and investors, and probably prompted some employees to reconsider their decisions to leave the company.
While not every case of unethical leadership is quite so public or devastating as these, they do illustrate an important point. In any business, once corruption at the top becomes known, the predictable outcome will be damaged reputation, lower worker morale, and, along with them, lost productivity.
In conclusion, unethical conduct at the leadership level in a company might go unnoticed and serve ones interests in the short-term. However, in the long run it will work against ones effectiveness and may even prove ruinous.
国际英语资讯:Amid protests, Trump arrives in Helsinki for summit with Putin
国际英语资讯:Italys hardline refugee policies increasingly popular, but also drawing criticism
国际英语资讯:Iran hails ties with Russia amid Israels concerns
体坛英语资讯:South Africas Palmer wins Karen Masters at Sunshine Golf Tour in Nairobi
国际英语资讯:Turkey vows to retaliate to U.S. sanction on Turkish ministers
国际英语资讯:UN Refugee Agency launches drive to ID about 900,000 Rohingya
国际英语资讯:Peruvian president announces reforms to judicial system
国际英语资讯:Czech politicians reject Trumps demand on increase of defence spending
国际英语资讯:Iran woos foreign investors amid U.S. economic pressures
国际英语资讯:Czech PM criticizes recent migrants acceptance by EU states
国际英语资讯:NATO Summit first day overshadowed by tensions between allies
国际英语资讯:UN says its peacekeepers back to Golan buffer zone, Russian personnel not part of UN force
国际英语资讯:Turkish lawmakers take oath in new parliament
体坛英语资讯:Axelsen, Okuhara keep World Championships title defences on track
国际英语资讯:Chinese constructors complete foundation of cross-Mekong River super bridges
国际英语资讯:British woman dies after exposure to nerve agent
国际英语资讯:Palestinian killed in clashes with Israeli forces in 19th anti-Israel Friday rally in Gaza
国际英语资讯:Syrias air defenses hit Israeli warplane, intercept missiles targeting Syrian air base
国际英语资讯:China, DPRK mark anniversary of signing of friendly cooperation, mutual aid treaty
体坛英语资讯:Shandong Luneng climb to top of CSL table after 2-1 win at Changchun Yatai
国际英语资讯:Russia to grant visa-free entrance to Fan ID holders till year end: Putin
体坛英语资讯:Colombian Gomez named Ecuador coach
国际英语资讯:Spotlight: Deteriorating situation in SW Syria arouses deep concern at UN
体坛英语资讯:Wang Qiang beats Zheng Saisai to win 2018 Jiangxi Open title
国际英语资讯:Brazilian judge blocks ruling to release Lula
体坛英语资讯:China deserves to host 2030 World Cup, says Schalke general manager
体坛英语资讯:Axelsen working hard ahead of challenge from Momota in World Championship
体坛英语资讯:Kenyas Gor Mahia coach optimistic heading into Confederations Cup
国际英语资讯:May wins backing for her Brexit plan from ministers
国际英语资讯:Over 5,200 bodies retrieved in old city of Iraqs Mosul
| 不限 |
| 英语教案 |
| 英语课件 |
| 英语试题 |
| 不限 |
| 不限 |
| 上册 |
| 下册 |
| 不限 |