Leadership

How to Stimulate Ethical Behavior in the Workplace

 
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Unethical behavior in the workplace costs businesses a lot of money, integrity, and marketable clout.

According to research, unethical business practices were on the rise a few years ago and might have gotten worse, but 56% of Americans will stop buying goods and services from brands they think are unethical, and many will actively support brands they view as ethical. Additionally, 48% of consumers consider employee treatment when determining whether a company is ethical.

So, if you want to stimulate ethical behavior in your workplace, you should consider doing the following.

Develop and Document Standards and Policies

Put clear, ethical standards and policies employees and leaders should abide by in writing, and have the employees and leaders sign the guideline documents to ensure they read and understand the information. Also, include how violations of the guidelines will be handled, including repercussions, and how employees can report them.

Foster and Enforce Standards and Policies

Continue to enforce your ethical standards and policies once they are documented and implemented to ensure they are followed and taken seriously, and be clear and specific about how these policies will be enforced and what may happen if an employee violates one of the standards, such as being handed a written warning or getting suspended.

Start at the Top

Begin with your leaders and executives to stimulate ethical behavior across the workplace, and make sure they are on board with developing, implementing, and enforcing your ethical standards and policies. These same leaders should also be held accountable for their ethical behavior, just as their subordinates are. Leaders and managers need to lead by example in following ethical practices if the policies are to be fully effective.

Provide Ethics Training

Because some common business practices are technically unethical, all employees should receive ethics training so they know how to confidently identify and avoid unethical behavior, as well as are empowered with knowledge on how to handle inappropriate interactions.

Support and Protect Employees

Make sure that you provide an anonymous means of reporting unethical behaviors and that those who do report such actions will be protected from retaliation that would prevent them from speaking up.

Consider taking the steps above to stimulate a more ethical and profitable workplace.


Three Golden Rules for Millennials in the Workplace

 
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Leadership

I have never seen leaders struggle more than they do with Millennials. The Millennial generation, with its oldest members now well into their thirties, is still seen as entitled, fickle, and hard to retain. That perception is wrong, and I encourage leaders and senior staff to adopt a different view.

To start, here are three rules to live by:

  • Manage People, Not Positions

Baby Boomers grew up learning that “children should be seen and not heard.” To compensate for their own silence, they urged their Millennial offspring to speak up. From their first words, Millennials have learned that their voice matters. If they see a problem, they roll up their sleeves and solve it. They want a job that comes with purpose, not just a paycheck.

One study found that 76% of Millennials consider a company’s social and environmental commitments when deciding where to work, and 88% say their job is more fulfilling when there are opportunities to make a difference. Millennials want to raise their voice (and they want to use it for good)!

Many organizations say they like when Millennials speak up, but I’ve rarely found an organization built to the strengths of this generation. I’m here to tell you that any organization that embraces this approach will see its staff rise and grow to meet the challenge.

  • Innovate to Retain Top Talent

A company’s tax status is no excuse for poor innovation. Failure to innovate makes it hard to recruit and retain employees.

Millennials have a strong tendency to job hop, averaging nearly 3 jobs in their first 5 years after graduation. By comparison, Millennials’ predecessors, Generation X, averaged 2 jobs in their first 10 years after college.

Where innovation thrives, so do Millennials. These employees are “entrepreneurial,” which means they are attracted to fast-paced, changing cultures that take risks. But they are also immersed in lifestyle culture and aim to build their own personal brands.

Millennials want more than just “tech frills,” like catered snacks and an in-house barista. They prioritize authenticity, flexibility, and opportunities to travel.

I learned that it offers employees the opportunity to travel to Kenya, India, or Ecuador on group staff trips to see firsthand the organization’s work in communities around the world. Not every employer can offer this, but connecting Millennials to your work’s global impact can be essential.

And, it’s important to recognize how connecting your employees to their work in a meaningful way can help lend itself to the success of your business.

  • Millennials Are Leaders, Too

Success begins with leadership. Millennial CEOs encourage their employees to go beyond earning a living and live their personal purpose through their work. We all need workplaces to embrace Millennials for who they are and for what they bring to the organization.

Too many leaders are throwing in the towel and doing as little as possible when it comes to managing Millennials. Leaders need to fundamentally alter this mind-set and see Millennials as an asset.

Why is this so important? Believe it or not, there is a generation after the Millennials: Gen Z. These are the interns at your office right now. Typically, the ones on the front lines of managing a new generation are members of the generation right above them. For Gen Z, that will be Mil

Top 4 Characteristics of 21st Century Leadership

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Faster communication, shifts in demographics, globalization and numerous other changes in today’s business world means that leadership styles must also be altered to keep up with the current environment.

Although certain characteristics of leadership such as vision, intelligence, good judgment, ambition and integrity are still valuable, the “hierarchical, inward-focused” method of leadership will not fit well with the 21st century business needs.

Below are the four key characteristics that distinguish the leaders who are successful in today’s ever-changing business environment:

1. Capacity to Navigate – This skill of scanning the fast-changing business landscape allows leaders to see signals and patterns that might impact the company’s growth.

2. Capacity to Empathize – This allows leaders to reach and connect with people who are different from them.

3. Capacity to Self-Correct – Companies need leaders who are able to evaluate their own long-standing ideas and assumptions about leadership and adjust them if necessary for the benefit and success of the organization.

4. Capacity to Set Up Win-Win Propositions for Stakeholders – With the current rapid flow of information, leaders must embrace transparency and competition. Effective leaders strive to create appealing propositions for all of the various stakeholders.

These four key characteristics are a guide for successful leadership in today’s fast changing business world.

 

     – HR Daily Advisor