Leadership and management: ‘corporate fat cat’

Final essay

“the ‘corporate fat cat’ is a popular representation in leadership discourse, yet one of the challenges for future leaders is to engage ethically to address charges of corporate greed”. Critically discuss this statement with reference to relevant theory.

Required:

Upon the content above to choose the relative 6 to 10 academic journals and essay or find the essay on scholar website to write this essay, and there must be 60% of content in the essay are associated with theory, because it must to use the theory to support your essay. Another 40 of content in the essay are related with your reflection, about what’s your opinion and ideas, you must to illustrate your thoughts and understandings of leadership and management what you find in this essay.

 

Essay Structure:

  1. no abstract
  2. introduction: clear your points, illustrate your structure of your essay here. (most important)
  3. Argument and critical analysis
  4. Use of theory to support your argument (theory at below)
  5. Your reflection (how do you feel it, what’s your feeling, what did you learn, if you were a manager or leader or employees, so what will you do and so on)
  6. Conclusion (correlated with introduction)

Theory:

  1. Aristotle’s Two Types of Justice
  1. John Rawls on Justice
  1. Three Dimensions Organizational Justice:

Distributive justice: Whether the various resources and rewards available through work are distributed fairly amongst employees. Most commonly this relates to the fair distribution of pay and other benefits on a principle of merit.

Procedural justice: Whether the same rules and procedures are applied equally to all people in an organization.  Key organizational procedures considered in relation to this form of justice are performance appraisals, pay allocation, recruitment and selection systems, employee retrenchments, and work allocation processes.

Interactional justice:Whether people are treated fairly in terms of their interactions with other people in organizations and the nature of the communication involved in those interactions. Focused on whether managers communicate consistently with different people, share information equally with all, and treat people with respect.

  1. Distributive justice:
  • Distributive justice focuses on whether people in organizations believe that the various resources and rewards available through work are distributed fairly amongst employees
  • A key focus has been on the distribution of pay and other benefits, especially in terms of whether these distributions are based on a principle of merit
  1. Equity Theory as the Basis of Distributive Justice
  1. Procedural justice: 6 Attributes of Fair Processes

Consistency – processes are applied consistently to all

Freedom from bias – decisions are impartial

Accuracy – decisions are based on accurate information

Representativeness of stakeholders – the concerns of all affected are acknowledged and accounted for

Correctability – unfair administration of processes can be corrected

Consistency with ethical standards – procedures are explicitly related to ethical and moral standards

  1. Interactional justice:4 Main Concerns of Interactional Justice

Truthfulness – the extent to which one perceives that those in authority communicate with honesty

Justification – the extent to which one perceives that decisions are adequately explained

Respect – the extent to which one perceives that one is being interacted with in a manner that is polite and respectful

Propriety – the extent to which one’s interactions with those in positions of authority is free from prejudicial statements and inappropriate question.

  1. Ethics and justice Levinas’ view:

Ethics:

  • Ethics originates in the face-to-face relationship between two people
  • It involves a recognition of the absolute particularity and irreplaceability of the other
  • This ethics is about generosity, care and openness – an ethics of putting the other person first
  • Ethics is not about exchange and reciprocity but about being a ‘host’ to others without expecting anything in return

Justice:

  • Justice always involves comparisons and judgements between two or more people
  • Justice is supposed to be ‘blind’ – neutral and impartial to the individual
  • With justice one’s attention and generosity must always be divided – and hence compromised
  • Thus ethics can only be enacted imperfectly through justice

 

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