Week 3 Article Example | Topics and Well Written Essays - 250 words

Week 3 - Article Example Besides, the emergence of information communication technology and expansive public-private partnership exposes corporates to public scrutiny hence need for integrity. The cut-throat competition that characterize this era of globalization emphasizes the need for ethical business practices. This is a multi-dimensional approach that would benefit corporates through offering a competitive level ground. It takes virtue to achieve this noble course lest the corporate world collapse into an avalanche of mayhem. Recent cases of corporate fraud by some firms and irresponsible observations are blamed on managers (Havard, 2007). For instance, the unfair Walmart labor practices, BP oil spill in Gulf of Mexico have all served as the examples of the cost of non-virtuous corporate leaders. There is need to emphasize virtue during selection of corporate managers as it serves as a critical tool in the modern business world (Havard, 2007). Virtue has been a key tool of organization progress in the long run from the past and in this era of a complex socio-economic and political dynamism, it is even more important. It is therefore worth to assert the need to consider virtue as a central corporate leadership selection