Think Fast Talk Smart: Communication Techniques
54. Leadership and Ethics: How to Communicate Your Core Values
Mar 15, 2022
Neil Malhotra and Ken Shotts, esteemed political economy professors at Stanford, delve into the nuances of leadership and ethics. They stress understanding that not everyone will share your core values, making empathy crucial to effective leadership. The duo discusses transitioning to a stakeholder model of business ethics and the impact of environment on ethical choices. They also highlight the power of clear communication, tailoring messages to resonate with diverse audiences. Their insights are both practical and thought-provoking.
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Quick takeaways
- Leaders should not assume everyone shares their core values in an organization.
- Create a culture encouraging open discussions and exercises to understand diverse core values.
Deep dives
Changing Concept of Business Ethics
The traditional focus on maximizing shareholder value in business has evolved to a stakeholder model, highlighting the need for businesses to consider various societal stakeholder groups. This shift has prompted a reevaluation of how business leaders navigate ethical responsibilities. In their book 'Leading with Values,' Neil and Ken present actionable recommendations drawn from multiple intellectual disciplines to help leaders address ethical challenges in today's complex environment.
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