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Unit2 Essay

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Unit One Individual Assignment
Terrance Rowland
Kaplan University
GB601-03N: MBA Capstone
Professor: Richard Rowlett
November 11, 2013

Unit One Individual Assignment
Decision Making Ethics in the Current Marketplace
In examining the correlation between the manner in which we conduct business and the principles to which we personally ascribe, it is undeniable that we are inextricably impacted by our respective familial upbringings, social environments and academic influences. Because values play such an important role in our lives, being able to recognize, understand and articulate one’s own values set becomes critical in sound decision making. Additionally, the ability to identify an employer’s corporate …show more content…

Beliefs are steeped in our past histories, habits and traditions, and are thus constrained by individual experiences and not as adaptable to new situations. Alternatively, if you use values to make decisions, those decisions will align with the future you want to experience. Values transcend both contexts and experiences. Therefore, they can be used for making tough decisions in complex situations that have not yet been experienced. As a result, values provide a more flexible mode of decision-making than beliefs.
Gain Team Member & Customer Commitment: When an organization and its team members unite around a shared set of values, they become more flexible, less hierarchical, less bureaucratic, and they develop an enhanced capacity for collective action. When employees not only share similar values – but also a similar vision – the performance of a company is enhanced. Shared values build trust. Trust is the foundation on which relationships are established, both with team members and customers alike. Values-based leadership is a way of making authentic decisions that build the trust and commitment of employees and customers.
Defining Values-Based Leadership: the concept is primarily defined as leading by example, that is, doing the right thing for the right reasons and not compromising core

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