The 3 Vs – How Great Leaders Navigate Ethical Challenges

What turns good leaders into great ones? Markus Scholz and his co-authors believe it’s the “3 Vs”: VALUE orientation, giving VOICE, and offering VISION. In a recent article published in the MIT Sloan Management Review (SMR), Markus Scholz, Maria Riegler, Anna M. Burton, and Craig Smith explain how great leaders use these three core principles to address ethically challenging situations.

Ethical Leadership as a Driver for Positive Change

The authors demonstrate that truly ethical leaders not only foster social responsibility within their own companies but also aim to influence their industry in positive ways. These leaders make strategic decisions that strengthen company values while promoting cultural shifts within their field. This kind of leadership is especially essential in high-stakes areas such as social media and artificial intelligence, where societal benefits often need balancing against potential risks.

For those interested, SMR is offering free access to the article for a limited time. We invite everyone to take advantage of this opportunity to gain valuable insights into how great leaders meet ethical challenges and create lasting positive impact.

Read the article here.