A recent university study revealed that there was long-term value for brands that hire ethical leaders.
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A recent university study revealed that there was solid long-term value for brands that not only hire for but hone ethical leadership.
The study, co-written by Kyle Emich, associate professor of management in the University of Delaware s Alfred Lerner College of Business and Economics, found that while business leaders who behave badly might initially achieve success, they will lose their teams when crises strike. There are many examples of highly successful unethical leaders who come to mind. They win sports titles and elections alike, and lead major companies, Emich said. But what unethical leaders have massive amounts of trouble doing is holding their teams together after failure.
Ethical Leadership Is Key to Surviving a Crisis, Study Finds
Recently published research finds that ethical leadership isn’t required for success but is for a team to survive failure
February 3, 2021
You don’t have to be an ethical leader to win a Super Bowl or an election or rise to the level of CEO of a Fortune 500 company.
But according to a new study co-written by Kyle Emich, associate professor of management in the University of Delaware’s Alfred Lerner College of Business and Economics, possessing the characteristics of “ethical leadership” is absolutely essential in order to steer an organization through a crisis.
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Navigating crisis as a business Leader Article by Charlotte Schumacher Photo illustration by Julie Morin December 18, 2020
UD webinar brought together industry and academic experts
Because of the many complications and implications of the coronavirus (COVID-19) pandemic, livelihoods, communities and businesses across the globe have been fundamentally challenged. While there has been affirming news about potential vaccines, businesses of all sizes will still be attempting to navigate a crisis in the coming months as coronavirus cases continue to surge. As these implications have proved disruptive to customary organizational procedures, leaders have had to take risks and think creatively to keep their businesses alive.