On June 17, we are convening the Distinguished Business Leaders Summit webinar to look at ethical leadership through three stages: in crisis, in recovery and in the transformation to a new normal. Each stage will require different skills and priorities from our leaders. Here’s how we view ethical leadership:
Ethical leadership in crisis
Ethical leaders know that to act ethically is not something you switch on and off. It is honed through years of practice long before a crisis.
During crisis, the signposts of ethically run organizations are unmistakable. They are the organizations that not only survive, and thrive in crisis times. We see it in multi-nationals that transformed to manufacture, supply and distribute masks, ventilators, disinfectant and expertise.
Ethical Leadership in Recovery
Calgary’s business community has demonstrated agility, empathy and entrepreneurial spirit throughout the pandemic.
COVID-19 has fundamentally shifted the way we live, work and do business. In many cases, the pandemic eroded customer bases, threatened supply chains or broke business models entirely. This is a huge challenge for business leaders to navigate through to a new reality, since it’s clear there is no going back to normal.
Ethical Leadership and the New Normal
Transformation will happen across sectors, including our charities. At Calgary Foundation, we listened to our charities and stepped up early on in the pandemic to bridge the gap and meet their critical needs. Their stress points are access to technology to work remotely, increased demand for services because of the crisis and increased costs due to new physical distancing and PPE requirements.
Not all charitable organizations will survive this crisis. Without the same support from donations and sponsorships, the charitable sector faces a challenging future. Two charities have taken the bold step of a merger, Boys and Girls Clubs of Calgary and Aspen Family Services. With similar missions and client group, they recognized they are stronger together. They initiated their transformation.