Thursday, May 14, 2020

Ethical Leadership Warren Buffett - 1567 Words

Ethical Leader Warren Buffett is an Ethical Leader because he was able to use the Three P’s (Principle, Purpose, and People) as his guiding ethical principles for running the day to day operations of the company. According to the Ethical Leadership student guide, the Three P’s are a guide for the way we should think; principle for integrity and telling the truth, purpose for developing a sustained passion for accomplishing the mission, and people referring to each member working together as a team to reach common goals (VL04, Ethical Leadership, 2016). According to Arthur Schwartz in bizjournal.com his business philosophy has to do with a set of core values, the first of which is integrity and in 1991, Warren Buffet wrote a simple†¦show more content†¦He wanted everyone to be reassured that it was okay to lose money but doing anything unethical that tarnished the company’s reputation was not okay. Just because everyone else is doing it, referring to u nethical business decisions, doesn’t make it a good business decision (Nicholas, 2011). Now that I’ve shown you why he is an Ethical Leader, let me explain my personal relevance. Personal Relevance Like Warren Buffett, I use Idealized Influence to be a role model for my Airmen. For example, when I was at my last base, even though I was a Master Sergeant, I got certified on everything my Airmen were certified on. The only way I would have any credibility is if I walked the walk so I would be the first to load at the beginning of every month and during inspections. They used to tell say I was the model and they were the mirror, it was humbling. During the biggest inspection in the North Atlantic Treaty Organization (NATO), the Commander of the evaluation team said it had been the best evaluation he had ever seen. I was proud my Airmen did so well. I’ve learned Inspirational Motivation is something I lack. It’s not my natural behavior to be outgoing and deliver a motivational speech but that is one good take away from this course because it is somethingShow MoreRelatedLeadership Style Of Warren Buffet Essay953 Words   |  4 PagesLeader ship Style Warren Buffet is the Chief Executive Officer (CEO) of Berkshire Hathaway (http://www.berkshirehathaway.com), a holding company for several businesses (Berkshire Hathaway, n.d.). Fortune Editors (2014) named Warren Buffett number four on The World’s 50 Greatest Leaders (2014) list for his leadership techniques with his 300,000 employees. Buffett is also a proponent for philanthropy and earmarks Berkshire Hathaway shares to distribute to several foundations annually (Berkshire HathawayRead MoreMr Warren Buffett And His Influence On The World Of Business And Finance2521 Words   |  11 Pagesportrayed impeccable leadership skills. These leaders have not only made followers but have also endeavoured to excel in personification. 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