A New Approach to Business Ethics: Strategic Response, Leadership and Social Responsibility

Well intentioned leaders who want to improve decision making, to better think through risks and evaluate options in a much more robust way than simply the one-dimensional pursuit of money-even as attractive as this pursuit is; need a new approach to assuring good decisions. This paper proposes a new approach that combines the social responsibility of a well designed organization, an eight-point ethics rubric managers can use to evaluate decisions and a new tool of leadership: A Leader's Explicit and Articulated Worldview. These elements combine to yield a new model for the effective strategic response of the organization to the challenges of building wealth for owners and value for stakeholders through the efficient allocation of valuable resources. [PUBLICATION ABSTRACT]