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Leadership & Ethics for Managers: The Power Corruption Cycle

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The Power Corruption Cycle:

I have been asked to teach ethics to a group of managers. In one part I will be discussing "corruption and ways to prevent its occurrence."

Describe the way mishandling power can lead to corruption and how it occurs in organizations today. Use an example to illustrate it from a research.

What is emotional intelligence? How is it related to leadership? How is emotional intelligence related to different leadership traits? What leadership traits might prevent corruption, or promote it? How might training and development in the area of emotional intelligence and leadership prevent corruption and unethical behavior from developing in organizations?

Please include a reference list.

OBJECTIVE: The Objective here involves the following:

1. Recognize situations that present potential legal and ethical issues and develop solutions for those issues.

2. Apply ethical reasoning skills and ethical theories to business situations.

3. Apply critical thinking skills to analyze business situations.

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Solution Summary

The solution discusses the Power Corruption Cycle.

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"Power corrupts, absolute power corrupts absolutely" is a common saying. Power corrupts because leaders need power to be leaders and influence others. This ability to influence others and gain and maintain power is at the core of why and how corruption occurs. Power allows people to get things done. Sometimes this is for the good of others, such as a company or in politics, the constituents of the politician. Other times it is for the good of the person with power.

How power can corrupt is fairly simple. Power corrupts because people who have it can influence others to do as they wish or think as they want them to think. People can become corrupt because they have power and can get away with bad behavior. One thinks of Bill Clinton when power and corruption are discussed, as well as Nixon. Both had power, though one was charismatic and the other ...

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