Ethics and Corporate Scandals

Ethics and Corporate Scandals In 3–4 pages, analyze a corporate scandal in terms of the ethical challenge and leadership's response to the scandal. Recommend an alternative strategy for handling the scandal.Note: Creating a global leadership development plan requires specific thought processes. The assessments in this course are presented in a specific sequence and must be completed in order.By successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:• Competency 1: Analyze the characteristics and responsibilities of effective leaders in global business environments.o Explain an ethical challenge faced by corporate leadership.o Analyze corporate leadership's response to scandal.• Competency 4: Use leadership theories and models to support evidence-based practices for leading globally.o Recommend a strategy for responding to corporate scandal.• Competency 5: Communicate in a manner that is professional and consistent with expectations of the business professions.o Correctly format citations and references using current APA style.o Write content clearly and logically with correct use of grammar, punctuation, and mechanics.Competency MapQuestions to ConsiderAs you prepare to complete this assessment, you may want to think about other related issues to deepen your understanding or broaden your viewpoint. You are encouraged to consider the questions below and discuss them with a fellow learner, a work associate, an interested friend, or a member of your professional community. Note that these questions are for your own development and exploration and do not need to be completed or submitted as part of your assessment.SHOW LESS• How is business ethics different from personal ethics? Should it be different?• What role do moral values and personal integrity play in business ethics?ResourcesSuggested ResourcesThe resources provided here are optional. You may use other resources of your choice to prepare for this assessment; however, you will need to ensure that they are appropriate, credible, and valid. The MBA-FP6026 – The Global Leader Library Guide can help direct your research, and the Supplemental Resources and Research Resources, both linked from the left navigation menu in your courseroom, provide additional resources to help support you.Ethics and Responsible Leadership
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The following resources provide information about ethics and responsible leadership in a global environment.• Boddy, C. P., Ladyshewsky, R., & Galvin, P. (2010). Leaders without ethics in global business: Corporate psychopaths. Journal of Public Affairs, 10(3), 121–138.• Pless, N. M., & Maak, T. (2011). Responsible leadership: Pathways to the future. Journal of Business Ethics, 98, 3–13.• Quinn, L., & Van Velsoe, E. (2010). Global responsibility: What it takes to get it right. Leadership in Action, 29(6), 8–13.• Carnegie Council for Ethics in International Affairs. (2014). Thought leaders forum: How do you define global ethics? [Video]. Retrieved from https://www.youtube.com/watch?v=vNaTv5-2PYU• List 25. (2013). 25 biggest corporate scandals ever [Video]. Retrieved from http://www.youtube.com/watch?v=LrJaOOGJLW0• Bucaro, F. (2011). The importance of ethics in business [Video]. Retrieved from http://www.youtube.com/watch?v=nJf3JhaiHtQ• George, B. (2008). Ethics must be global, not local. Bloomberg. Retrieved from http://www.bloomberg.com/news/articles/2008-02-12/ethics-must-be-global-not-localbusinessweek-business-news-stock-market-and-financial-advice• Markgraf, B. (n.d.). Legal & ethical issues in international business expansion. Houston Chronicle. Retrieved from http://smallbusiness.chron.com/legal-ethical-issues-international-business-expansion-68066.html• Northouse, P. G. (2016). Leadership: Theory and practice (7th ed.). Thousand Oaks, CA: Sage.o Chapter 13, "Leadership Ethics," pages 329–356. Assessment InstructionsPreparationFor this assessment, choose one of the corporate scandals from the list below and then look for 3–4 articles that analyze the ethics of the scandal or how corporate leadership dealt with the scandal.• Volkswagon Emissions Scandal.• Toyota Scandal (2007–2010. Acceleration and brake recalls.).• BP (British Petroleum) Deep Water Horizon Gulf Coast disaster.Organize your assessment logically, using headings and sub-headings as appropriate. Include a title page and reference page following APA guidelines for citations and references. Please keep in mind that this assessment is not intended to be an in-depth analysis of the full scope of the scandal you chose; rather, it is meant to give you a high-level overview of how effective and ethical global leadership should respond when things happen.RequirementsWithin your assessment, please address the following:• Explain the primary ethical challenge facing corporate leadership.• Analyze corporate leadership's response to the unfolding scandal.o Compare the skills and competencies a global leader should have with the actions taken during the scandal. In other words, what leadership skills and competencies were lacking in corporate leadership?o Explain how leadership might have avoided the situation in the first place.o Was response to the scandal equal to the seriousness of the event?• Recommend an alternative strategy for handling the scandal and support your strategy with relevant evidence. How does your strategy align with one or more of the leadership theories and models listed in this course? Your strategy may focus on avoiding the scandal in the first place, or on dealing with the scandal after it happened.Additional Requirements• Include a title page and reference page.• Number of pages: 3–4 not including title page and reference page.• Number of resources: At least 3.• APA format for citations and references.• Times New Roman font, 12 point.• Double-spaced.
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