Nov 13, 2020 in Management

Business Success

Ethics

The moral growth in a business standing depends on the capacity of development of moral awareness. The success in business stems from the general awareness of the immediate environment where the primary services are situated. Knowing the environment is the crucial determinant of the business plans and services to meet the expectations of the consumers. Staying in touch with the customers within the confines of the market sphere is possible as a result of the constant attempt made to keep up with the changing market trends. From such a focus, there is the opportunity created to result in the growth of personality as a business person so that all the aspects of business performance remain on course for realization. All the core aspects of the business are thus bound to materialize as is the expectation. This paper focuses on highlighting on how moral awareness breeds moral growth.

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Question 1: Moral Growth

The business PepsiCo depicts the case of the CEO, Nooyi who has been crucial in giving an account of the relevance of the course in gaining a greater moral awareness of the issues pertaining to ethical leaders in business. Taking charge of an entity of this standing necessitates the need to conduct market research in the next markets where the sales planned to generate profits are hoped to be staged. Such a review would be consistent with the desire to establish the value that the products on offer would accord to the consumers. Such is the capacity of awareness that guarantees the longevity of the business practice when all the factors with the potency of derailing success are planned for beforehand. Even though the primary intention of any business undertaking is to amass profits, it is only logical that the management focuses on the need to produce goods that would not jeopardize the safety and the health of the consumers. The same is also consistent with the essence of corporate social responsibility. The organization must look to manufacture goods that do not jeopardize the well-being of the population. The consumers have a critical value in the scope of success that an entity would realize. The direct purchases are an equivalent of the value that the organization would accrue at the end of the period for which planning is made. Therefore, their safety is paramount.

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The virtue of moral awareness in eliciting moral growth is evident in the management policies vouched for by CEO Nooyi. Her commitment favors the decisions likely to translate to positive outcomes in the products that the entity offers. Her decision are future-oriented, as such, she makes only the decisions with the potency of yielding profits, but at the same time protecting the heath of the populations. She has identified the risks posed by sugar in the various brands that the company produces, and decides that the ethical decision to make is to create awareness of the sugar content of the drink.

The decision is consistent with the ethical code of informed consent in psychology. The potential consumers are made aware of the danger that the consumption of the drinks would amount to. As such, those that eventually make the decision to still take them are well versed with the likely adverse implications from such a practice. The manufacture of healthier products is part of the focus that intends to improve the safety standards of the services from the organization. These are some of the decisions that are likely to improve the reputation of the entity so that there is a guarantee of the longevity of operations. All the objectives of the undertaking are, therefore, likely to remain on course for realization. The threat posed by the competitors is also likely to be countered so that the market share continues to grow.

Question 2: Psychology and Business Leadership

The role of psychology in business success is likened to a map and a campus as a result of the crucial role that the two aspects have for each other. The implication of having a compass, but lacking map is the fact that it is reminiscent of setting business goals, but not having a plan, an objective or the appropriate strategies to dispense with them. Psychology is an important aspect in the comprehension of the success factors that would amount to business success. Becoming better business leaders depends on the prowess on the psychological front. With a proper understanding of psychology, there would be the opportunity created to determine the motivational factors for the employees.

With full-fledged psychology, the personality of individuals attached to the organization would be understood to include the factors that affect them. Focusing on the positives would be ideal in getting the best out of the employees so that there is an undeterred commitment to the primary business objectives. There is a need for caution to steer clear of the adverse factors that are likely to dampen the performance of the staff members. Such an understanding is also paramount in the decisions made during duty delegation so that the tasks assigned are in awe of the individual strengths and specialty.

Psychology is critical in molding a better business leader as a result of the underlying understanding of the role of lean management in business success. A robust psychological background would allude to the comprehension that the objectives set would be better pursued in the event of the plans drawn out to pursue them in bits, rather than to employ an aggregate approach. Through the sequential steps taken, there would be the incorporation of flexibility so that the emerging challenges are reviewed, and the befitting solutions championed for them. The success would also be feasible to evaluate. Psychology would be the key to developing a leader that acknowledges that success comes in stages. Most of the goals set for business would be met in the long term. Patience would, therefore, be embraced in the course of the business operations.

With psychology, there is the likelihood that a better leader would be developed as a result of the focus on the components of knowledge management. These are the leaders that would nurture creativity and innovation among the staff members by actively involving them in the decision-making of the organization. The freewill given to the employees is likely to translate to ideas that they champion for use in improving the stakes of performance. The inevitable result is the ideal market competition created so that the threat posed by the competitors is quelled. All the shortcomings of the business that would come into the fold are also bound to be anticipated so that the adverse effects associated with them would be mitigated. Coupled with democratic leadership, excellent performances would be in the offing for the organization. All the primary goals are bound to be met and the elements of day to day performance indicative of a value-generating venture.

In conclusion, psychology is at the fore of the factors that yield the anticipated success in a business standing. Understanding the mindset of the employees is crucial to the determination of the factors that motivate them to pay attention to the same. The essence of moral awareness is critical in determining moral growth in light of understating the environs. The ventures would attain the initially projected success.

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