Why is forming significant to the ethical leadership of a multi-cultural workforce?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Why is forming significant to the ethical leadership of a multi-cultural workforce?

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INTRODUCTION:

A set of recognized values, principles, and norms that direct employee conduct is known as a company's culture. It keeps people together and gives them a sense of direction. A corporation may have a competitive advantage if its culture is robust. It can encourage a sense of dedication and loyalty among employees and help to attract and keep skilled workers.

Strong brand identity and increased consumer loyalty may both be achieved with the aid of a positive culture. Culture, though, is dynamic. It is subject to change over time and can be molded by an organization's leaders. As a result, it is crucial for business leaders to actively manage culture and ensure that it is consistent with the objectives and core values of the company.

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