- Reflect on the different legal and policy issues that managers and leaders face on a daily basis. Remember to address the global component of these.
- Discuss the importance of governance in enabling leaders and managers to make the right decision in the right way and for the right reasons.
- Reflect on the importance of leaders considering the future health and success of the organization and its shareholders, as well as other stakeholders in making decisions.
Legal & Policy Issues (Leadership & Management)
Leaders and managers have different roles as it relates to dealing with legal matters and policy topics. Leaders generally develop and empower managers or other employees to supervise and perform duties to their fullest potential. Managers direct and organize processes and systems to accomplish company goals. Legal issues are based from city, state, and federal laws. An example of a city ordinance is a regulation requiring zoning for a specific business operation. A state law may be rules governing licensing and state certifications. Federal laws are regulations imposed by the government. International managers must follow international rules. There are many types of legal issues. Leaders and managers are faced with decisions daily from the perspective of compliance leadership and management.
Legal & Policy Issues (Compliance leadership & Management)
As stated earlier, there are many legal issues to consider in day to day business operations. In this study, we will address two of them. One legal consideration is in the area of human resources involving employment regulations. These issues range from compensation guidelines up to safe-working conditions. Additional directives also involve fair treatment of employees. In the United States, enforcement agencies such as the Occupational Safety and Health Administration are the federal enforcing authorities for healthy working conditions. Businesses that conduct business on a global level or in an international way are also responsible for adhering to employment regulations. Specifically, companies that are part of the Global Compact must follow the ten principles outlined by the United Nations. The Global Compact initiative was created so that participating companies implement socially responsible business practices while conducting business globally. The fourth, fifth, and sixth principles of the Global Compact govern employment and labor practices and standards. The role of business leaders is to align the company's policies to follow domestic regulations. If an organization is conducting international business then the organizational leadership must design business policies within the scope of the country they are operating in. The role of managers is to ...
This is a 1200-word response addressing organizational governance from the perspective of legal issues, policy issues, ethics, and decision-making as it pertains to leaders and managers.