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Leading For The Bottom Line: A View Of Leadership In A Bottom-Line Context, Gary S. Fields , Cory Stern
Leading For The Bottom Line: A View Of Leadership In A Bottom-Line Context, Gary S. Fields , Cory Stern
Gary S Fields
This paper sets out to establish and describe a new approach to leadership called Bottom Line Leadership. The essence of Bottom Line Leadership is that a leader’s most critical responsibility is to clearly identify, communicate and gain buy-in for the ultimate bottom-line objective of the organization he/she leads, subject to constraints imposed by the market and by the organization itself. In comparison to other leadership models that focus on the general attributes or behaviors characterizing effective leaders, Bottom Line Leadership emphasizes the link between an organization’s purpose and a leader’s behavior. The philosophy that serves as the foundation for this …
Islamic Banking And Finance: Moral Beliefs And Business Practices At Work, Karen Hunt Ahmed
Islamic Banking And Finance: Moral Beliefs And Business Practices At Work, Karen Hunt Ahmed
Karen Hunt Ahmed
The religion of Islam has existed for 1400 years but Islamic economic theory and its financial institutions emerged as an industry only in the 1970s. Islamic financial institutions (IFIs) are designed to help Muslims conduct business internationally while simultaneously upholding traditional Islamic values related to trade finance and currency movement. The basis for their existence is the Islamic moral prohibition on charging interest—interest is a central component of capitalist banking—yet IFIs conduct billions of dollars of business annually in the world economy and the de facto Islamic banking transaction is—in most cases—virtually identical to a capitalist banking transaction. Business practices …