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Virtue: a foundation for organizational success
Crawford-Mathis, Krista J. ; Robinson, Gary
Crawford-Mathis, Krista J.
Robinson, Gary
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Abstract
Virtue ethics, rooted in Aristotelian philosophy, is reviewed within the context of published literature and in the consequence of recent corporate scandals. It employs a normative approach in focusing on the former Enron Corporation as an example of an organization that operated without virtue ethics. Development of virtue ethics in today’s world is based on the confluence of ethical theories, including utilitarian, Kantian, common morality, feminism and ethics of care. The perspectives and prescriptions of scholars and practitioners are distilled and offered as they relate to the role of leadership in supporting virtue ethical virtue behaviors and values. Recommendations drawn from this review include: leadership must ground the organization in virtue language; selection and promotion processes should reflect inclusion of competencies of virtuous behavior, such as, fairness, honesty, and trustworthiness; individuals who do not conform to virtuous behaviors should be corrected as soon as possible; and the corporate structure should include checks and balances to keep the honest members honest and to weed out those who are not competent in virtuous behavior.
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Preprint
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2008
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With permission of the license/copyright holder