The Idol Spot

The ultimate standard for leadership has become authenticity. However, a misunderstanding of what it signifies might stifle your progress and limit your influence. We tend to use authenticity as an explanation for sticking with what's comfortable because going against our natural impulses might make us feel like impostors. However, few occupations allow us to do so for an extended period. This is especially true as we develop in our occupations and as needs and expectations change.  To succeed in our careers, we must all step outside of our comfort zones. At the same time, they elicit a powerful counter-instinct to preserve our identities: We typically resort to familiar behaviours and patterns when we are unsure of ourselves or our abilities to perform effectively or measure up in a new context. The situations that test our sense of self the most are the ones that may teach us the most about effective leadership. We may establish a personal style that feels right to us and matches...

As many prominent firms continue to be tarnished by a slew of scandals and frauds, business ethics is critical. Corporate fraud results in the loss of a company's market capitalization and brand image. They are disturbingly common in a variety of countries and sectors of the economy. Corporate fraud has a long and tumultuous history in India. For decades, ethics has been a grey area in Indian corporations. As competition has become stronger over time, organizational structures have been increasingly fragmented, resulting in a lack of internal control within organizations. As a result, the number of large and small corporate frauds has increased. To combat this threat, early detection is becoming increasingly vital. According to a PWC survey, internal controls, internal and external audits, compliance programs, and a code of ethics have all been implemented to combat fraud. In India, corporate fraud has increased dramatically in the past few years, and firms, strangely, believe it i...

Individual behaviour refers to how an employee interacts or behaves at work. It's a collection of responses to both internal and external stimuli. Individual behaviour describes how a person reacts to various situations and expresses various emotions such as happiness, rudeness, love, rage, and so on. It refers to a certain activity taken by a person. Individual behaviour is studied to learn about human behaviour in the workplace. Individual behaviour has a significant impact on an organization's performance. Positive behaviour results in increased productivity. Negative behaviour, on the other hand, will cause harm to the company and result in significant losses. FACTORS AFFECTING INDIVIDUAL BEHAVIOR IN AN ORGANISATION:  Because human behaviour is believed to be the most complicated, each individual is unique. In an efficient organization, there are a variety of issues that might affect employee behaviour directly or indirectly. In some cases, the organization's manager mu...

BUSINESS ETHICS:  Business ethics (also known as corporate ethics) is a type of applied ethics or professional ethics that looks at ethical principles as well as moral or ethical issues that emerge in the workplace. It applies to both people and huge companies and encompasses all aspects of business activity. Business ethics has both normative and descriptive dimensions. As a business practice and a professional speciality, the field is mostly normative. When trying to understand business behaviour, academics use descriptive methodologies. The breadth and number of business ethical challenges reflect the coupling of profit-maximizing behaviour with non-economic concerns. During the 1980s and 1990s, both within big firms and within academia, there was a surge in interest in business ethics. Most big firms, for example, now emphasize their devotion to non-economic ideals under terms like ethics codes and social responsibility charters. "People of the same trade rarely get together, ...

The method through which firms are directed and governed is known as corporate governance. The governance of their companies is the responsibility of their boards of directors. The shareholders' governance responsibilities include appointing directors and auditors, as well as ensuring that an appropriate governance framework is in place. The board's responsibilities include setting the company's strategic goals, providing leadership to implement them, managing the company's administration, and reporting to shareholders on their stewardship. Corporate governance thus refers to what a business's board of directors performs and how it determines the organization's values, as opposed to the day-to-day operational administration of the company by full-time executives. KEY PRINCIPLES OF CORPORATE GOVERNANCE:  SHAREHOLDER PRIMACY:  The acknowledgement of shareholders is perhaps one of the most essential aspects of corporate governance. There is a two-fold recognition. ...