Publication Type
Magazine Article
Version
Publisher’s Version
Publication Date
5-2019
Abstract
An array of scandals has rocked the world in recent times, such as financial malpractices (Arthur Andersen, Lehman Brothers, the LIBOR scam), unethical practices (FIFA mismanagement), and environmental damages (Gulf of Mexico oil spill, Volkswagen emission controls). All of which the critics of capitalism are not unhappy to report and embellish in great detail. The competing goals of a quest for power, meeting ethical standards, maintaining profitability, securing dwindling resources, and adapting to global environmental change have created an increasingly complex business canvas for leaders to navigate. The acceleration of environmental and social challenges exert pressure on corporate leaders to be not just reactive but proactive. Richard Branson, Founder of the Virgin Group, and Paul Polman, former CEO of Unilever, are among the new breed of leaders who are attempting to catalyse a better way of doing business, keeping in mind the triple bottom-line of profits, people and the planet.
Discipline
Organizational Behavior and Theory
Publication
Asian Management Insights (Singapore Management University)
Volume
6
Issue
1
First Page
38
Last Page
43
ISSN
2315-4284
Publisher
Singapore Management University, Centre for Management Practice
City or Country
Singapore
Embargo Period
6-26-2019
Citation
Joseph, Flocy.
Responsible leadership. (2019). Asian Management Insights (Singapore Management University). 6, (1), 38-43.
Available at: https://ink.library.smu.edu.sg/ami/110
Copyright Owner and License
Singapore Management University
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
Additional URL
https://cmp.smu.edu.sg/ami/article/20190522/responsible-leadership