The Concept Of Ethical Leadership In Organisations
Source: RMIT University
The ethics of business practice and leadership in organizations has once again fallen under the spotlight in organisational practices. Over the past decade the spectacular collapses of Enron, WorldCom in the United States and HIH Insurance in Australia have raised questions of not only governance practices in corporations but also the notion of ethical leadership. The business leadership practices of corporate high fliers such as Kenneth Lay and Jeffrey Skilling of Enron, and Bernard Ebbers of WorldCom as well as Ray Williams and Rodney Adler who were involved in Australia's largest corporate collapse of the HIH group, once again put into question the concept of ethics in leadership, particularly in regard to unethical business practices and narcissistic leadership approaches.