The greatest challenge of any leader is showing balanced power; strategic leadership. Such leaders must act with the interest of all stakeholders in the operations of the organization without favoring one side at the expense of the other. One way of achieving such leadership is creating an organizational market value. It is true that the most successful corporate players are the ones who are most aligned to the corporation's bedrock beliefs. The challenge this poses to leadership is the idea of giving such players the right environment to perform well. Balanced leadership is about aligning company strategies to employees' passion and talents. Such a leader must make sure to listen actively to the stakeholders and help them find ways to bring their natural interests into the activities of the corporation (Corporate Leadership Council, 2004). Such a firm that actively involves all stakeholders in its operations is Apple Inc.
The issue of breaking laws that could be considered unethical and self-centered for a business could include tax evasion. Companies may fail to file their taxes or lie about their assets in the bid to reduce tax. Legal but unethical behavior comprises window dressing. This is a strategy used to improve the appearance of a business portfolio that looks good on paper but has significant losses. Acts of omission include failing to submit credential papers of performance during auditing to avoid transparency or taking responsibility for specific actions (Fassin, 2005). All these actions are geared towards boosting the productivity of the organization but at the expense of business ethics.
Delegate your assignment to our experts and they will do the rest.
Some of the responsibilities of the CEO as far as strategic leadership is concerned include making major corporate decisions. The Chief Executive Officer must approve significant deals and contracts before being undertaken. Since the CEO is in direct contact with the board of management, whose sole responsibility is to safeguard the interest of the investors, he must act with the investors' best interest at heart. As such, the CEO is responsible for authorizing significant decisions geared toward boosting productivity. The other responsibilities include managing the overall operations and resources of the corporation. They also act as the main point of communication between the board of directors and corporate activities (Boggs, 2006). Due to this role, they have a prime position on the board, which in most cases is the chair.
Not every force or player in the corporate affairs is open to change. Some oppose it for the reason that may include the fact that the changes are more likely to cost the operations of the business severely and leave the state of the company at a worse of situation that it had previously been for resistance to be successful, specific tactics have to be employed. These tactics include manipulation. Manipulation refers to the covert influence attempts. In this scenario, the resisting parties distort and doctor information about a particular change to reflect its negativity and what it would cost the company in its implementation (Lozano, 2013). In this case, the party stresses the importance of maintaining traditional forms to avert such costs.
A case scenario of resistance to change would be the introduction of new educational programs in my high school. These additional programs were perceived as an additional burden to the already demanding schedules that were in place. However, what the students did not know, and the fact that I emphasized on that helped us overcome the situation, was the fact that these programs allowed for practical skills in the career fields each student had chosen. This aspect meant that it would be easy for us to learn through practical engagement and affiliation to companies and organizations of our career choices to impact us with practical skills (Hargreaves, 2003). The outcome of this change situation was improved grades, and overall performance since learning by doing has a more significant impact on the memory as opposed to reading.
References
Boggs, G. R. (2006). Handbook on CEO-Board: Relations and responsibilities . Amer. Assn. of Community Col.
Corporate Leadership Council. (2004). Driving performance and retention through employee engagement. Washington, DC: Corporate Executive Board , 32 .
Fassin, Y. (2005). The reasons behind non-ethical behaviour in business and entrepreneurship. Journal of Business Ethics , 60 (3), 265-279.
Hargreaves, D. H. (2003). Education epidemic: Transforming secondary schools through innovation networks . Demos.
Lozano, R. (2013). Are companies planning their organisational changes for corporate sustainability? An analysis of three case studies on resistance to change and their strategies to overcome it. Corporate Social Responsibility and Environmental Management , 20 (5), 275-295.