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    Leadership and Ethical Decision-Making in Compliance Officer Role

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    Upon returning to the office after your discussion with peers at the Annual Compliance Officers Conference, you decide to further explore the topic of leadership. Specifically, you will research the theoretical bases of leadership and the various styles, including how they can affect the organization.

    Use the Library, Internet, and other resources to conduct research on leadership theories and styles. Describe at least three leadership theories and what you consider to be the benefits and deficiencies of each theory. Also describe provide the following for at least three leadership styles:

    * a general description
    * essential traits
    * appropriate situation or situations for use
    * expected organizational impact

    Which leadership style do you think would be most appropriate for you to use in your new role as a compliance officer for a consulting firm?

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    https://brainmass.com/business/business-ethics/leadership-ethical-decision-making-compliance-officer-role-498347

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    LEADERSHIP THEORIES AND STYLES

    Theoretical bases of leadership:

    Trait Theories

    1. General description and essential traits
    Based on this theory, people inherit certain qualities and characteristics that are suited to leadership. This theory further assumes that there are personality traits and behavioural characteristics that are common among leaders.
    According to Kirkpatrick and Locke (2002) from Robbins and Coulter (2005), seven traits associated with effective leadership include, drive, desire to lead, honesty and integrity, self-confidence, intelligence, job-relevant knowledge, and extraversion.

    2. Benefits
    This theory could serve as a guide for managers in designing management training programs. Since being a leader is one of the needed characteristics of a manager, the traits shared by leaders could be the focus of the training and workshop's activities that will be conducted.

    3. Appropriate situation for its use
    This theory may be appropriate in situations when subordinates are very much influenced by the good traits of their leaders such that they have regards on leaders who possess the desirable traits.

    4. Deficiencies
    An application of this theory may divert the attention of the management from the needed productivity or performance to the mere display of good behaviours.

    The same online source further noted that there is difficulty in explaining leadership using trait theories. To quote their statement, "If particular traits are key features of leadership, then how do we explain people who possess those qualities but are not leaders?" (http://psychology.about.com/od/leadership/p/leadtheories.htm)

    5. Expected ...

    Solution Summary

    The leadership and ethical decision-making in compliance officers roles are examined.

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