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Ethics in

Global
Business:
How does it
relate to
Education?

READ THE ARTICLE SUMMARY. HOW DOES ETHICS IN THE BUSINESS WORLD RELATE TO
ETHICS IN EDUCATION?

Ethics play a large part in hold off on deploying these new This ethical leadership compass, or moral
everyday life. Every decision we make has technologies for asset enhancement? compass, is defined by Websters
some sort of moral compass attached to it. Dictionary as anything which serves to
Normally, those decisions are about our To aid the discussion in energy, guide a persons decisions based on
immediate life to include our careers, the authors state that another challenge morals and virtues. Poff states that any
families, children, and ourselves. Those that present is itself to an ethical leader is version of an ethical leadership compass
decisions are based on our values, our the relevant science indicates that we must combine global and culture free
insights, our experiences, and our have passed the point in time at which competence or effectiveness with values
knowledge of consequences. As a leader, known global petroleum reserves exceed such as integrity, honesty,
ethics plays the same role on a much consumed reserves (Jones & Millar, trustworthiness, and commitment to
larger scale. The values of a company, its 2010). This means that once our oil is virtue as well as service to the
employees, and essentially its success is nearly depleted, our fossil fuels will also organization (Jones & Millar, 2010).
in the hands of the leaders and their be on the decline to near depletion. To Leaders need to follow this structure of the
ability to maintain positive ethical push this issue further, the current moral compass and place the good of
business decisions. In the article, About alternative energy technologies, such as human nature above the value of material
Global Leadership and Global Ethics, and solar power, will not come close to things. This will help to guide the society
Possible Moral Compass: an Introduction offsetting the energy deficit since their net that can help create a worldview that
to the Special Issue, the authors review energy yield the difference between the embraces global justice.
the challenges to global ethical leadership amount of energy one unit of a substance
and the special ethical challenges that generates and the amount of energy that Business leaders have an even
help shape global business environments. has been expended to make it is only a harder task to accomplish. While making
fraction of that typical of fossil fuels business decision that are for the
The first and pre-eminent (Jones & Millar, 2010). The ethical betterment of the company financially,
ethical leadershipchallenge facing not dilemma presents itself in these leaders they also have to show their employees
only global business leaders, but also all being able to be visionary enough to see that they are valued. These leaders have
of humanity, is that of climate change the need for long-term, positive, to help guide their employees through
(Jones & Millar, 2010). While some progressive change and implement that challenges and help create a shared
businesses will benefit from what could be change while knowing the financial wisdom tradition of enduring values to
disastrous changes, others could suffer or stresses will not be raised for years to foster human flourishing under
cease to exist. Under the climate change come. disorienting conditions of uncertainty,
dilemma, business leaders in the fossil risk, and threat (Jones & Millar, 2010).
fuels segment of the energy sector are Other ideas on what an ethical This is a great example of leading by
particularly confronted by ethical leader consists of presents itself further in example. Leaders have to be the leader
challenges (Jones & Millar, 2010). New the article when previewing what chapters they want to see in their employees.
alternative technologies are being brought lie ahead. One author, Deborah Poff, Ethical Leaders have challenges they face,
to life in these industries that could make argues that perhaps the most promising but the decisions that come from those
their entire asset basis obsolete. Do the orientation to an ethical leadership challenges can help to promote a
leaders in this industry use these new compass has emerged from the work of progressive future for globalization.
technologies to push their businesses to those scholars working in the traditions of
be more progressive taking the chance two value based leadership
that they will fail? Or do these leaders theoriestransformational leadership and
servant leadership(Jones & Millar, 2010).

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