Uttarakhand > Utttarakhand Language & Literature - उत्तराखण्ड की भाषायें एवं साहित्य
Chief Executive Officer Guidelines, CEO Refreshing Guidelines
Bhishma Kukreti:
Many Losses by Ethic Violations by CEOs
(Guidelines for Chief Executive Officers (CEO) series -5
By: Bhishma Kukreti (The Historian)
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अनीतिरेव सच्छिद्रं राज्ञो नित्यं भयावहम।
शत्रु संवर्धनं प्रोक्तं बलह्रासकरं महत। 15 ।( शुक्रनीति )
Aneetireva Sacchidra Ragyo Nityam Bhayavaham
Shatru Sanvardhanam Prktam Balhraskaram Mhat I 15 I (Shukraneeti)
[The biggest drawback of King (CEO) is to be unethical and by being unethical, there is increase in fear, enemies and there is sharp decrease in strength and accretion.]
It is proven fact that when a CEO /Chairman, president or owner of an organization violates the ethical means the CEO , the organization gets sever losses and there is loss of credibility of the individual as well as the organization besides, the monetary losses and closure of the organization too. Forbes .com rightly states “High profile downfalls of corporate CEOs are not a new phenomenon (1)”
forbes.com offers the example of 5 bad CEOS in a chapter ‘ 5Most publicized Ethics Violations by CEOs (1)-
Kenneth Lay of Enron – The downfall of Enron is well known fatc about non ethical acts by CEO Kenneth Lay that not only destroyed big giant corporation Enron but destroyed one of the biggest audit firm Arthur Anderson too.
Bernard Ebbers the CEO of WorldCom too destroyed the organization his repute by violating the ethics.
Canadian Conrad Black the CEO of Hollinger International destroyed the corporation by non-ethical acts.
The electronic and security giant Tyco was destroyed by unethical acts by its CEO Dennis Kozlowski
Scott Thompson the CEO of Yahoo (2012) was charged for forged degree .
In India, the ex-Bihar CM and ex Indian railway Minister Lalu Prasad Yadav got presentment for his corrupt acts or unethical means in fodders deal in Bihar. The reputation of Lalu is destroyed and his family members have to go tremendous pain and distress for his bad deeds.
It is true that shareholders and other stake holders expect high ethical means s from the CEOs.
References
www.forbes.com on investopedia dated 2/5/2013
Copyright@ Bhishma Kukreti, 2019
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Bhishma Kukreti:
Unethical and Autocratic CEO losses Competent Employees
(Guidelines for Chief Executive Officers (CEO) series -6)
By: Bhishma Kukreti ( A Historian)
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नीतिं त्यक्त्वा वर्त्तते यः स्वंतन्त्रः स हि दुःखभाक।
स्वतंत्र प्रभुसेवा तु ह्यसिधारावलेहनम।। 16 । । ( शुक्रनीति )
Neetim tyaktva varttte y: swatantra: s hi dukhbhak I
Swatantra prabhuseva tu hyasidharavlehnam II16II (Shukraneeti )
[The unethical and autocratic King suffers anguishes and it is as bad as walking on sword edge for working with unethical King and is harmful to serve unethical King.
The unethical acts by CEO or organization have many drawbacks. The unethical organizations or individuals suffer in long terms. The Ex –Indian Finance and Home Minister P. Chidambaram is suffering a lot (legal custody and jail custody) because of his so called unethical acts by supporting his son’s unethical acts (taking bribes for wrongs) . The reputation earned by learned Chidambaram is now damaged and that damage is non-repairable.
The organization also suffers by adoring unethical acts. There are negative impacts on the employees’ performances in the organizations too those prefer unethical means for running the organizations and ultimately start losing competent employees. Ethical based organization attracts competent staff but unethical based organization detracts competent employees. Competent employees do not prefer working with unethical CEOs or unethical organizations.
Copyright@ Bhishma Kukreti, 2019
Loss of competent Employees from unethical Organization , Guidelines for Chief Executive Officers; Loss of competent Employees from unethical Organization , Guidelines for Managing Directors; Loss of competent Employees from unethical Organization , Guidelines for Chief Operating officers (CEO); Loss of competent Employees from unethical Organization , Guidelines for General Mangers; Loss of competent Employees from unethical Organization , Guidelines for Chief Financial Officers (CFO) ; Loss of competent Employees from unethical Organization , Guidelines for Executive Directors ; Loss of competent Employees from unethical Organization , Guidelines for ; Refreshing Loss of competent Employees from unethical Organization , Guidelines for CEO; Refreshing Loss of competent Employees from unethical Organization , Guidelines for COO ; Refreshing Loss of competent Employees from unethical Organization , Guidelines for CFO ; Refreshing Loss of competent Employees from unethical Organization , Guidelines for Managers; Refreshing Loss of competent Employees from unethical Organization , Guidelines for Executive Directors; Refreshing Loss of competent Employees from unethical Organization , Guidelines for MD ; Refreshing Loss of competent Employees from unethical Organization , Guidelines for Chairman ; Refreshing Loss of competent Employees from unethical Organization , Guidelines for President ;
Bhishma Kukreti:
Unhappiness among Employees of Unethical CEOs or Organizations
(Guidelines for Chief Executive Officers (CEO) series -7)
By: Bhishma Kukreti (A Historian)
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स्वराध्यो नीतिमान राजा दुराराध्यस्त्वनीतिमान।
यत्र नीतिबले चोभे तत्र श्रीः सर्वतोमुखी ।। 17 । । ( शुक्रनीति )
Swaradhyo Neetiman raja Duraradhyastwaneetiman I
Yatra Neetibale Chobhe Raja shree: sarvtomukhi II 17II (Shukraneeti)
[The employees serve the ethical King with happiness, and servants serve the unethical King with pain or unhappiness. The King that is ethical (righteous) and strong gets the wealth.]
It is true that the misconduct or bad conduct of CEO or organization indulging illegal acts, the employees do not accept the CEO or organization with happiness. In one survey, it was found that 71 employees prefer pay cut to work with the company whose value they share and 39 % would quit the job if boss insists for unethical acts (1)
Ethical means in the organization or good conduct of CEO creates the competitiveness among employees of the organization too .
References
Ivy Walker, 2019 93oth April) Your Employees are Judging You. Here is How unethical behaviour can cost you Big time.forbes.com/sites/ivywalker/2019/04/30/ your-employees-are-judging-you/#2d89d5474575
Copyright@ Bhishma Kukreti, 2019
Employees behaviour with Unethical CEO/Organizations , Guidelines for Chief Executive Officers; Employees behaviour with Unethical CEO/Organizations , Guidelines for Managing Directors; Employees behaviour with Unethical CEO/Organizations , Guidelines for Chief Operating officers (CEO); Employees behaviour with Unethical CEO/Organizations , Guidelines for General Mangers; Employees behaviour with Unethical CEO/Organizations , Guidelines for Chief Financial Officers (CFO) ; Employees behaviour with Unethical CEO/Organizations , Guidelines for Executive Directors ; Employees behaviour with Unethical CEO/Organizations , Guidelines for ; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for CEO; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for COO ; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for CFO ; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for Managers; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for Executive Directors; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for MD ; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for Chairman ; Refreshing Employees behaviour with Unethical CEO/Organizations , Guidelines for President ; Serving internal and external Customers by CEO , Managing directors ; Ultimate Duties of CEO/chief executive Officers
Bhishma Kukreti:
Ways for creating Ethical culture in the Organization
(Guidelines for Chief Executive Officers (CEO) series -8)
By: Bhishma Kukreti (A Historian)
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अप्रेरित हितकरं सर्व राष्ट्रं भवेद्यथा।
तथा नीतस्तु सन्धार्या नृपेण आत्महिताय वै ।। 18 । । ( शुक्रनीति )
Aprerit hitkaram sarva rashtram bhavdyatha I
Tatha neetastu snadharya nripen atmhitay vai I I 18II (Shikraneeti )
[If without inspiration or order from the King the Citizens are ethical and are devotee to the nation the King should follow the same policy]
If in any organization the employees follow the ethical means without any order (written or verbal instruction) or code of conduct, the CEO should follow the same policies for long.
The employees follow the ethical means only when there is ethical culture in the organization. Eminent behavioural Psychologist Thomas G. Plante suggests the CEOs following means are necessary for creating ethical culture among employees (1) –
1-Clear expectations for what is Okay and Not Okay
2-Modelling desired behaviour from top bosses
3-Reinforce the behaviour you want and don’t reinforce the behaviour that you don’t want
4-Focus on Skill Building and Problem Solving
5- Provide the Tools People need act ethically
6-Provide Corrective Feedback
Corrective feedbacks are most important in creating ethical employees.
Reference-
1-Thomas G. Plante PhD ABPP, 2015 , Six ways to Create a Culture of Ethics in Any Organization, www.psychologytoday.com/int/blog/do-the-right-thing/201507/six-ways-create-culture--ethics-in-any-organization
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Copyright@ Bhishma Kukreti, 2019
Ethical Employees , Guidelines for Chief Executive Officers; Ethical Employees , Guidelines for Managing Directors; Ethical Employees , Guidelines for Chief Operating officers (CEO); Ethical Employees , Guidelines for General Mangers; Ethical Employees , Guidelines for Chief Financial Officers (CFO) ; Ethical Employees , Guidelines for Executive Directors ; Ethical Employees , Guidelines for ; Refreshing Ethical Employees , Guidelines for CEO; Refreshing Ethical Employees , Guidelines for COO ; Refreshing Ethical Employees , Guidelines for CFO ; Refreshing Ethical Employees , Guidelines for Managers; Refreshing Ethical Employees , Guidelines for Executive Directors; Refreshing Ethical Employees , Guidelines for MD ; Refreshing Ethical Employees , Guidelines for Chairman ; Refreshing Ethical Employees , Guidelines for President ; Serving internal and external Customers by CEO , Managing directors ; Ultimate Duties of CEO/chief executive Officers
Bhishma Kukreti:
Unethical or Policy less Leadership create Divergences among Employees
(Guidelines for Chief Executive Officers (CEO) series -8)
(Lessons for CEOs based on Shukraneeti)
By: Bhishma Kukreti (Sales Consultant)
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भिन्नं राष्ट्रं बलं भिन्नं भिन्नो अमात्यदिको गणः।
अकौशल्यं नृपस्यैतद नीतेर्यस्य सर्वदा ।। 19 । । ( शुक्रनीति )
Bhinnan Rashtram Balam Bhinnam Bhinno Amatyadiko ganh I
Akaushalyam Nripsyaitad Neeteryasya Sarvda II 19II (Shukraneeti)
[Because of unethical King, if there are differences of opinions, divergences and enmities among the Citizens, Army and Ministers Etc. that is the Sign of foolish King]
It is important that CEO or leadership create ethical conduct among employees for achieving common goal in the organization.
If the CEO is not moral person or the leadership is policy less or unethical, it is sure that there will be differences of opinions, differences, divergences and enmities among the employees and employees pay more attention on their opinions or egos than the common goal of the organization.
Michael E. Brown and Marie Mitchell (2010) concluded from various researches that the organization gets benefits such as from ethical leadership is related to important follower outcomes. Such as employees job satisfaction, organizational commitment, willingness to report problems to supervisors, willingness to put extra efforts on the job, voice behaviour (expression of constructive suggestions intended to improve organizational health) and perception of organizational culture and ethical environment.
Michael E. Brown and Marie Mitchell (2010) concluded too for the negative effects of unethical leadership on the employees.
Michael E. Brown and Marie Mitchell (2010) state that unethical leadership effect negatively on the followers, influence negatively on employees attitudes, task and extra role performance, resistance behaviour, etc.
The unethical or policy less leadership definitely influence positively on the employees for deviant and unethical work behaviour among employees.
The unethical leadership or policy less leadership definitely create selfish goals for themselves among employees ignoring the goal of the organization.
Reference:
1-Michael E. Brown and Marie Mitchell (2010),Ethical and Unethical Leadership: Exploring New Avenues for Future Research, Business Ethics Quarterly 20:4, (Oct. 2010) pages 583-616
Copyright@ Bhishma Kukreti, 2019
Differences among Staff due to unethical CEO, Guidelines for Chief Executive Officers; Differences among Staff due to unethical CEO, Guidelines for Managing Directors; Differences among Staff due to unethical CEO, Guidelines for Chief Operating officers (CEO); Differences among Staff due to unethical CEO, Guidelines for General Mangers; Differences among Staff due to unethical CEO, Guidelines for Chief Financial Officers (CFO) ; Differences among Staff due to unethical CEO, Guidelines for Executive Directors ; Differences among Staff due to unethical CEO, Guidelines for ; Refreshing Differences among Staff due to unethical CEO, Guidelines for CEO; Refreshing Differences among Staff due to unethical CEO, Guidelines for COO ; Refreshing Differences among Staff due to unethical CEO, Guidelines for CFO ; Refreshing Differences among Staff due to unethical CEO, Guidelines for Managers; Refreshing Differences among Staff due to unethical CEO, Guidelines for Executive Directors; Refreshing Differences among Staff due to unethical CEO, Guidelines for MD ; Refreshing Differences among Staff due to unethical CEO, Guidelines for Chairman ; Refreshing Differences among Staff due to unethical CEO, Guidelines for President ;
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