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Institutionalizing Ethical Leadership: Navigating Long-Term Governance Challenges

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The IIM-Tiruchi 'Daksha 5.0' conclave highlights the critical role of ethical decision-making and collective ownership in ensuring organizational sustainability and public trust.

In an era defined by rapid technological disruption and volatile market dynamics, the discourse on leadership has shifted from mere profit maximization to the imperative of 'ethical sustainability.' The recent 'Daksha 5.0' conclave at IIM-Tiruchi served as a platform for industry leaders to deliberate on the 'long game' of leadership—a framework that prioritizes responsible decision-making over short-term gains. At the heart of this discussion is the concept of collective ownership. In both public and private sectors, the erosion of ethical standards often stems from a diffusion of responsibility, where individual actors prioritize personal or departmental KPIs over the broader organizational purpose. The conclave emphasized that sustaining an institution requires a foundational commitment to integrity, where leaders act as custodians of the organization’s core values rather than mere managers of its resources.

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