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The development of ethical leadership in business is an important focus for ensuring sustainable growth and progress

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 The development of ethical leadership in business is an important focus for ensuring sustainable growth and progress.


A commitment to ethical principles and values can help businesses to effectively navigate complex challenges and build trust with customers, employees, and stakeholders. By prioritizing ethical behaviors and encouraging ethical decision-making, leaders can cultivate a culture of integrity within their organizations, which can contribute to positive outcomes for both the business and society as a whole.

The development of ethical leadership in business is an important focus for ensuring sustainable growth and progress
The development of ethical leadership in business is an important focus for ensuring sustainable growth and progress

For over 25 years, we have worked with some of the best individuals in Business Development in the power generation industry and have identified unique qualities that distinguish them from others. These qualities hold true regardless of the organization they work in, the services they provide, or the economic situation. These individuals are part of the top 3% of professionals in their field and not only think as CEO's, Presidents, or leaders of Business Development departments but also possess qualities of a leader.


They know how to establish strategic and operational goals, are visionaries who can identify opportunities that others may not see, and have mastered the 12 Core Competencies used to evaluate leadership in Business Development.


A leader is someone who inspires others to follow just by being present.


The question of whether leaders are born or made is often asked, but it is generally believed that leadership can be taught. Though most of us are not formally trained in leadership, we are all called to be leaders at different times in our lives. The most important thing about being a leader is who you are as a person, not what you do. A leader's character is the most crucial characteristic, consisting of their principles and values - the foundation by which they guide their actions in all aspects of life. Positive leadership demands principles such as loyalty, respect, integrity, courage, fairness, honesty, duty, honor, and commitment.


The development of ethical leadership in business is an important focus for ensuring sustainable growth and progress
The development of ethical leadership in business is an important focus for ensuring sustainable growth and progress


The combination of our principles and values is what makes up our character, and ethics is the way in which we put them into action. Aristotle's Nicomachean Ethics provides insight into the development of character, as he believed that moral virtue is achieved through repeated practice and habit formation.


Ethics, which is derived from the word ethos meaning habit, is the moral virtue attained through habitual practice. Moral virtues are not inborn, but rather must be embraced and perfected over time. Leadership training stresses that knowing one's values and attributes is just the beginning; it's equally important to practice and embody those traits until they become a habit.



In order to succeed in Business Development, we need to combine our individual traits, beliefs, and morals with practical skills and actions. It's the blending of our knowledge, abilities, and behaviors that creates a distinct formula for success.


Bill Scheessele is the Chief Executive Officer and Founder of MBDi, which is a consultation company for business development located in Charlotte, North Carolina. Over the course of the last 27 years, MBDi has been helping client companies to transform their advanced knowledge into successful business outcomes.


Summary:


Over the course of more than 25 years working with top Business Development professionals in the power generation sector, we have identified distinct qualities that distinguish them from others. Regardless of their employer, the specific services offered, their client demographics, or economic conditions, these traits endure.


Keywords:


ethics, leadership, business development leadership, business, sales, ethical sales, sales leadership




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