Ethical management, according to Management Training Specialists, is “the practice of being honest and virtuous in a role as a manager.” An ethical business manager should hold everyone to the same standard, set an admirable example and clarify expectations. Companies institute business ethics to encourage unity and integrity with their employees and establish trust with their customers. In a world that recognizes and publicizes any type of ethical indiscretion via social media, more and more businesses are devoting their time to business ethics programs. Professionals in a leadership role should lead by example and promote employee behavior that is respectful towards others.
An online Bachelor of Business Administration in Management (Minor Required) program from Southeastern Oklahoma State University can help students understand ethical business practices, manage teams and learn versatile management skills that translate to various fields. Graduates of this online program will develop strong communication skills, be able to analyze the opportunities and risks of numerous business decisions and recognize ethical business applications.
Top Qualities in Ethical Management
Ethics are a solid foundation of a good company. Ethical leadership can create a positive culture for employees, customers and investors. It involves business leaders who exhibit integrity and strong values through their words and actions. Some of the benefits a company may see when they have ethical leaders are a refined brand image, increased employee morale, brand loyalty, a productive and healthy workplace and positive public relations (PR). Here are a few ethical qualities that top business managers should have:
- Leaders who show respect to their coworkers, clients and employers provide a positive working environment. Showing respect to everyone regardless of race, religion, sex or nationality is an important trait for any business leader. Respecting others includes listening to opposing viewpoints and being empathetic and compassionate to those around you. Employees who are treated with respect by management are more likely to treat their peers with the same respect.
- Honest and truthful managers produce an atmosphere of trustworthiness in the workplace. By being transparent, they do not deceive or mislead anyone by lying, omitting details or telling partial truths. An honest leader can gain the trust of their team by communicating openly, sharing feedback and being fair.
- Lead by example. Business managers should hold themselves to the high standards they expect from their team. When a manager leads by example, it shows that they understand the work and dedication required to help the business succeed.
- Doing what’s right and demonstrating integrity can reinforce the company by showing good judgment. When managers make decisions with integrity, employees are also encouraged to act accordingly.
- Clients and employees need to trust the company. When leaders show that they are fair and truthful and follow principled business practices, clients will realize that they can count on the business to deliver on their promises.
What’s Next
Prepare for a career in management by sharpening your skills in organization, planning and leadership with the online BBA in Management program at Southeastern Oklahoma State University. This program can give graduates a solid foundation in communication, human resources, economic changes and globalization. Students will develop fundamental technical, conceptual, personal and interpersonal skills to manage organizational operations effectively. The program offers multiple start dates throughout the year and affordable, pay-as-you-go tuition. Graduates of this online program qualify to pursue career opportunities such as sales manager, business consultant, operations manager, general manager or financial manager.
Learn more about Southeastern Oklahoma State University’s online Bachelor of Business Administration in Management (Minor Required) program.