Ethical & Financial

Question: Discuss about theEthical Financial. Answer: Personal Reflection Ethical Lens Inventory is a powerful tool for understanding the core personal values which influences an individual's decision making. My personal ethics lens is cultural values and decision making. Each individual has personal values which contribute to take decision and share their opinion in the community. There are many challenges in developing social and economic values in the society. As a global citizen, I recognized global issues and respecting the principles and practices of building relationships and cultural diversity. This helps in creating network and understanding cultural diversity for providing solutions for problems that many individuals are facing today. I try to connect many people across the world in order to make decision about the accomplishment of task for the benefit of an individual. This will help me to become an effective business leader. As we enter in the profession of business, several responsibilities are there which needs to be fulfilled by the global citizen. The fulfillment of these responsibilities will develop the community as a whole (teachunicef, 2016). Business leadership influences other people in achieving a common goal and establishes a clear strategy so as to add value to the country. My approach towards leaders in business is to understand individual values and provides them with the opportunity to perform ethically (Espoo, 2011). I internally believe that business leadership is the leader who is likely to seek a potential actions and motions towards attaining the vision for the company. I have been fortunate to lead many people while accomplishing different tasks in the area of working. This gives a great opportunity to develop my skills as a leader and thereby helps me become a global citizen. I have designed a sustainable practice which reflects the role and responsibilities to become a future business leader. As a global citizen, it is essential for me to promote and enhance the cultural values and ethics to build a business foundation as it raises the quality of my leadership (citizensclimateeducation, 2016). My business leadership standard is the result of much experience that I have serve in the industry over past years. The values driven leadership is increasingly emphasizes on the values and principles of ethics and successful leadership (educationscotland, 2011). While making decision I need to consider several aspects with regards to the Global Citizenship. The emerging global business environment is becoming complex and diverse in its performance. I need to ensure about the legal framework that helps to minimize the risk and thus expands the role of business leader around the leader so as to achieve the striving goals for the development of the community and country as well (TOBAK, 2016). I have to take such decisions which reduce risks in the business environment and lead to contribute towards organization's profit. I need to develop a plan according to the situation which builds a gap between the customers' needs and business goals (Schwab, 2003). A rational decision should be made which drives cultural values and ethics in the community. I have to collect relevant and accurate data which enables to enhance my credibility and integrity of the business. I also need to consider the methods and opportunities available and thereby is likely t o access the possible rewards. Biasness should also be avoided while making decision for business operations. I also need to make an alternative solution for the decision, in case the earlier strategy fails to contribute personal ethics. With the raise in my awareness I will be able to make effective decision as a Global citizenship (Honeysett, 2016). I have to consider the global issues and challenges before making a decision. I feel that a common sense of belonging with respect to cultural values and responsibilities towards the diversity must be taken into consideration as it advances the structure of global governance and connection among the national system. The recognition of these approaches is required to fulfill future role as a leader in the business (Myatt, 2012). I also have to critically evaluate the other aspects of the decision making process in order to enhance the success and completion of the business process and therefore, decision taken by me must also contribute s to community's value (grli, 2001). This process of decision making helps me to contribute as a Global Citizen and thus I can ensure my personal ethics (multimedia, 2006). I have analyzed different culture around the world that has diverse integrated pattern and beliefs. As a Global Citizenship, I have experienced several cultural identities in various parts across the international business. There are so many people living in different countries with different backgrounds. I observed that most of the people want to contribute to the community's value. I have learnt many languages and pattern of performing a task in different ways. However, this leads to an improvement in my skills and knowledge. In high school I was in America, and there were many students from different religion and style. My friend, Maxwell who belongs to America has started a community which was in charge of youth conference. This makes me to learn about the leadership quality among people. However, earlier a concept of business leader was ever changing for me. The people around me were known about leaders and therefore it influences me to generate my knowledge in this field. I hav e learnt about the different culture associated with America. I have learnt about the art styles that vary by social status, climate and occupation. I have seen that people of America are very energetic and focused towards their goals and objectives (Zimmermann, 2015). This sense of belongingness helped me to establish myself as a future leader in business. I have also learned that the government rules and regulations of a country have a great impact on other country's performance as I have realized that the importance of government policies in my school days. The success of corporate business requires implementation of cultural diversity and ethical values. Therefore, through the past cultural experience, I have learnt many things which contribute to the leader in the business and thus enable me to understand various cultural aspects as a Global citizen. If I lived in another country, and have to make decision I have to consider some major aspects which in turn accomplishes the desired objective. The initial step would be to analyze the situation and problem for the concerned issue. Then I need to understand the language for collecting information and data to make decision. With the understanding and critical evaluation of the situation I will be able to make possible alternative strategy for the decision making process. I will also concern with other people about the related issue and try to know about their opinion. I also need to consider whether the decision made by me will be effective in the future or not. However, the ethical and cultural values differ around the world which requires adopting of several tools and techniques. I will use advance technology as a tool in order to generate information for the related fact and figures. Based on the collected information and determining the effectiveness of the decision in all aspect s I will make the decision. Before making any decision I will explore to the alternative options and specify the pros and corns of the decision. I will also consult other people living in similar country so as to get source of data and nature of the reaction I will get out of that decision. Generally, people belonging to the similar area are likely to have same needs and wants based on the culture of the country. Through the understanding of these culture and values of the country I will make the decision about something. My personal ethics lens is cultural values and effective decision making, therefore if I would have been made the decision it must be related to these approaches. I would have decided to develop and apply the values of global governance and fairness in the business operations. I would have taken this decision in order to promote integrity in the environment with the development of social responsibility and personnel beliefs. This will enhance my position as a business leader in the global market. It will establish the global contemporary issue both at the national and international levels. The decision taken by me would have been different to the decision, if I had made this decision in Australia because the culture, personnel needs, government rules and procedure differs from country to country. The participation and contribution depends on the personnel behavior and this examines the social values and ethical behavior towards the country. Basically, the decision is based on the sit uation surrounded with the concerned problems and issues (Sterri, 2014). However, while making a decision I would have not analyzed the situation effectively because I was not physically presented at the place. Analysis of the data used to make a decision is very important because it critically evaluates and determines the concerned problem. The accuracy of the decision might have decreased with the change in the place of making a decision. If I were in Australia, I would have better understand the core values and intercultural issues while judging the different aspects of the data. The greater understanding of the world issues helps to take better decision and thereby I can perform as a Global Citizenship (Vroom Jago, 2016). Discovering a cause of the problem differs with the change in the place and this creates issues while making decision. The existence of human nature also affects the decision making process. I have to underline the global situation while making decision and th is might differs in the perspective of the country's situation. The decision can be differed in several aspects based on the country's economic situation as the financial position of Australia and other country differs. The education and level of literacy in the country are also involved while making decision therefore, decision made by me in Australia would be comparatively distinguished from the decision I have taken in other country (Israel, 2012). All these aspects and approaches of decision making process significantly affect my decision and thereby this leads to a significant impact on the operation and business development. Hence, decision about the global governance and fairness in the business operations may differs from country wise process of making decision. Through, the current approaches of my personal ethics lens including decision making and cultural values helps me to contribute in the success of the country as a Global Citizenship. A Global Citizenship helps in creating awareness of several perspectives and thereby entails a cultural elements in the decision making process. As a Global Citizenship, these ethical aspects help me to define a leader in a business as a future professional role. It will develop my skills and business opportunity as a learning approach towards the global complexity. Bibliography citizensclimateeducation, 2016. Global Citizen Engagement. [Online] Available at: https://citizensclimateeducation.org/programs/global-citizen-engagement/ [Accessed 2016]. educationscotland, 2011. Developing global citizens within Curriculum for Excellence. Espoo, 2011. Becoming a Global Citizen. grli, 2001. Global Responsibility. Honeysett, A., 2016. 8 Factors You Really Need to Consider Before You Make Any Big Decision. [Online] Available at: https://www.themuse.com/advice/8-factors-you-really-need-to-consider-before-you-make-any-big-decision [Accessed 2016]. Israel, R.C., 2012. 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