Ethical Leadership: Yahoo Inc.
A good leader possesses a range of characteristics and skills that portray a positive outward image of his organization. Such a leader leads by example, and displays strong willpower in "making decisions, dealing with people, developing relationships, and enhancing careers" (Cantrell & Lucas, 2007). These characteristics are crucial to the growth, performance, and sustainability of any corporation. Recent years have seen numerous scandals, most involving Fortune 500 Company CEOs, which have had detrimental effects on the respective companies' financial performance. Experts attribute the inverse relationship between the two to the fact that the public is significantly responsive to unethical leader behavior (Cantrell & Lucas, 2007). Therefore, a CEO who attaches importance to, and practices ethical behavior would more often than not steer the corporation to success.
Scott Thompson, the former Yahoo boss, is a perfect example of a Fortune 500 Company CEO who displayed utmost ethical behavior. Thompson resigned from his position shortly after a piece of untrue information was discovered in his resume, in what came to be known as the 'resume scandal'. The unfolding event drove the media into a frenzy, and the company was accused of failing to properly scrutinize the information presented by job...
Yahoo! A Critical Analysis Yahoo! History Problem Areas for Yahoo Search Engine Industry Review Yahoo! In the Light of Porter's Theory Threat of New Entrants Threat of Substitutes Bargaining Power of Suppliers Bargaining Power of Customer Competition in the Industry Strategic Plans of Yahoo! Financials Yahoo! Stakeholders & Other Strategic Partners Strategic Challenges Strategy Implementation Realign the focus of Employees without layoffs Improve the Algorithm Apply the Algorithm Redeploy the Advertising Network Expand the Ad Network The Implementation of Outside Publishers Yahoo! is one of the pioneers of what virtual internet world
54). Indeed, the fact that the company's leadership team survived at all during its formative years speaks highly of the founder's vision and perseverance. In fact, Jerry Wang was originally rejected by a venture capital firm for suggesting to use what Hargrove (2001) indicates was "such a ridiculous name as Yahoo" (2001, p. 271). As Ashby and Miles (2002) also emphasize, countless up-and-comers at the time failed to make good
Furthermore, there are a number of similarities and overlaps between such leadership theories that do not prevent their being characterized as transformational in nature. For example, "Most leaders behave in both transactional and transformational ways in different intensities and amounts; this is not an entirely either-or differentiation" (Miner, 2002 p. 743). One of the more interesting issues to emerge from the research is the need for transformational leaders to teach
Ethical Behavior Theory in Organizations This analytical research report discusses the debatable issue of the much-needed ethical behavior in working milieu. The research paper highlights the fundamental characteristics, a well-drafted research design, a separate section of suggestions; a Works Cited an appendix featuring important data and relevant diagrams pertaining to the organizational behavior theory and the underlying ethical issues. The Works Cited nine sources in MLA format. ETHICS AND ORGANIZATIONS Ethics and ethical
Wal-Mart Inc. Wal-Mart is an American-based multinational discount store, currently operating more than 11,000 retail outlets in 27 different countries, and serving approximately 140 million customers weekly. Headquartered in Bentonville, Arkansas, Wal-Mart grew from a small family-managed retailer in 1945 to the world's largest retailer, and was named the world's largest company by revenues in the 2014 Fortune 500 list. The company operates its retail stores in two forms: i) Sam's
The company showed a global reach early, adding numerous language versions around the world. In 2000, the company reached 18 million search queries per day and officially became the world's largest search engine ("Google, Inc." paras. 11-14). The company now sought to address its need for income by introducing a keyword-targeted advertising program for another source of revenue. The company partnered with Yahoo! And with other partners, such as China's
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