This statement has been further supported that neo- charismatic leadership are based on self- concepts of followers whereby leaders communicate messages that contain many references to values and moral justifications (Shamir, 1991 and Shamir et al. , 1993).
In additional, Wood’s 1991 literature reviewed that leadership will show integrity by demonstrating a firm’s CSR policies and expenditure of resources should not be defined by personal preferences of leaders considering the principle of public responsibility.
Lastly, (McWilliams and SIegel, 2001) stated that leaders will stress how firm’s social responsibilities should be directed towards shareholders as well as stakeholders. 3. How does this argument fit with your own experiences of working within organisations? There are several arguments that have been discussed by this journal which fit in our own experiences of working within organisations and as we know CSR will affect the managerial decision-making values that concern shareholders, stakeholders and the community.
First, the organisation control variables, as well as national culture-level and firm-level leadership variables will affect the CSR issue while doing decision making. Secondly, managers in wealthier country are shown to focus on shareholders CSR issue rather than its impact on the community. According to experience, there are company that are not paying overtimes to their workers therefore, it ignores the welfare of the society. Besides that, company like Nike also does not practice very good CSR whereby they exploited workers in India to manufacture their products.
The Term Paper on My Leadership Experience
My first impression of what qualities leadership entails was belief in oneself, initiative to action, outspokenness, moral rights, the ability to lead by example, and humility. Also, a leader has to have total confidence, but over the past few months. I discovered a lot more than all those qualities and that it takes a lot more to become a good leader. I learned a lot about myself that I never ...
Third, the research finds that cultures play a part in the decision made by managers. Some cultures which promotes institutional collectivism will actually sacrifice the company’s needs or priorities if it have negative impact on the society. For Nokia still continue their line of cheap handphone which ranges from RM50- RM100. So the lower income community can actually still afford to buy a mode of communication. As for Apple, their products are expensive which could not be afforded by those without a stable salary.
Forth, the research stated in some organisation where there is a difference or gap between the power levels and occurrences of power manipulation. Through experience, the manager of a firm had made a wrong decision in giving orders for to check on their customers stocks quality which case, he shall be accountable for his actions, but with his high level of power, he instead shifted the blame towards other employees so he would not take the fall.
Fifth, the vision of the CEO will affect the managers awareness of the CSR while doing decision-making. Taylors University group build a dorm for Sarawakian students to live nearby their school as their school are far away from town. 4. In what ways will you benefit from understanding the argument made by the paper? I believe that this study would be beneficial to me if I were to work in a company which emphasizes on CSR because decision making can be influenced by leadership and the cultural context in which the organization operates in.
The study suggests that leaders who are visionary and have integrity add variance in predicting follower’s shareholder and stakeholder CSR values. This shows that both vision and integrity go hand in hand and if I had the opportunity to be part of a company’s management team in the future, I would ensure that vision and integrity are values that we practice so that subordinates would be able to grasp the importance of CSR practices by engaging with various stakeholders.
This paper also suggests that managers working in countries which score high on power distance tend to show little concern for CSR practices which would have serious implications for a country like Malaysia that has a high power distance culture as studies have shown that good stakeholder management is often associated with higher profitability for organizations and this might place Malaysian firms at a major disadvantage if they have plans to compete in the global arena.
The Term Paper on Does Company T Have A Shared Culture Justify Your
Does company T have a shared culture? Justify your answer with evidence from the case. Let us start from defining a shared culture. Culture, according to Websters college dictionary is a style of social expression peculiar to a class or society. Shared refers to taking part in, using or having in common. We can conclude, therefore, that a shared culture is a commonly used style of social ...
This revelation would be beneficial to me if I were to become a manager working in a Malaysian company or MNC located locally. This study would also reinforce my belief that everyone should be treated equally regardless of his or her position in the company, because this would empower and bring out the best of employees in the company. I believe that when a culture of low power distance is adopted within the company, employees who feel a sense of belonging would then be empowered and feel a sense of responsibility to help the company achieve its CSR goals.
This study has also made me realize that the culture of in-group collectivism is not necessarily good for the company as it promotes self-centeredness rather than focusing on the societal issues which includes CSR. If I had the opportunity to be part of a top management team in a company, I would instill values of institutional collectivism within my team and ensure that managerial actions have a greater responsibility towards the society as a whole.
