Contemporary Issues in Management

In: Business and Management

Submitted By swaffield
Words 3791
Pages 16
CONTEMPORARY ISSUES IN MANAGEMENT
WORD COUNT: 2568

Date of submission: 07/01/2013

Q. Referring to material from the unit, critically evaluate how the passage relates to issues concerning the business activities of MNCs and the concept of ethical leadership.

‘For however strong you may be in respect of your army, it is essential that in entering a new Province you should have the good will of its inhabitants.
Hence it happened that Louis XII of France, speedily gaining possession of Milan, as speedily lost it; … For the very people who had opened the gates to the French King, when they found themselves deceived in their expectations and hopes of future benefits, could not put up with the insolence of their new ruler.’

‘I conclude, therefore, that when a prince has the goodwill of the people he must not worry about conspiracies; but when the people are hostile and regard him with hatred he must go in fear of everything and everyone. Well-organized states and wise princes have always taken great pains not to make the nobles despair, and to satisfy the people and keep them content; this is one of the most important tasks a prince must undertake.’
(Machiavelli, 1513)

A.

The extract from Machiavelli’s, The Prince demonstrates a strong correlation to the issues involved in the business activities of modern day MNCs and the concept of ethical leadership. According to Resick, Hanges, Dickson, & Mitcheluson (2006), analysing data from the global leadership and organizational effectiveness (GLOBE) project, there were four key dimensions identified as global ethical leadership: character/integrity, altruism, collective motivation and encouragement. Although these were all universally recognised characteristics the degree to which these were endorsed and the significance attached to key aspects varied across different cultures. From the extract the…...

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