The CEO of a Fortune 100 company made a lot of money and enjoyed spending it on his yacht to the point of obsession.The board of directors decided it was interfering with his work performance and made him choose between the yacht and work.He chose the yacht.When the job security of other people depends on the performance of a few key leaders,____ leadership is required.

Question

Quizplus · Accepted Answer

The CEO's behavior of prioritizing his personal interest (yacht) over the interest of the company and its stakeholders is unethical. In such situations, ethical leadership is required to ensure that the decisions and actions of the leaders align with the values and norms of the organization. This helps in maintaining the trust and confidence of the stakeholders and fosters a culture of accountability and responsibility.

The CEO of a Fortune 100 Company Made a Lot