Module 2-1 Responses (2 needed)

The CEO of ExxonMobil, Darren W. Woods, has over 30 years of global industry experience. The five core values that Exxon lives by are Integrity, Care, Courage, Excellence, and Resilience. Mr. Woods, during the COVID response, changed gears and understood the company needed to show resilience during this time. He knew that society was under attack by the virus which could have cost the company millions of dollars in revenue. Mr. Wood kept the company's operation moving forward instead of shutting down like most companies did during this time.

He had employees working and living at refineries, planets, and offshore platforms by providing COVID safeguards to protect each worker in the field. He knew that not keeping the business going would lead to an economic problem for the company. His resilience to keep pushing the company forward, adapting to the crisis, and getting workers to change how they work helped the business stay operational. Keeping the financial books accurate and providing those safeguards for all workers in the field in the office balances the needs of the business to sustain growth for the company worldwide.

· What changes would you recommend if your company's leaders lacked ethical and moral leadership in any of the eight areas?

Advising those leaders to show compassion and humility to the company's employees. Too often, leaders only care about the finances and economics of the business instead of how their decision-making can affect the people's culture. Leaders must understand that the attitude they present represents a culture that flows in the company from the top down. Leaders with a narcissistic mentality seldom show compassion and humility, which can affect people's work output.

To create an effective company culture, leaders will need to demonstrate patience, humility, resilience, and, above all, compassion. Setting a good standard in these areas will help leaders gain the most important trait from others in the company: trust. Making these small changes will build their ethical and moral respect for others in the company.

Darren Woods discusses future of industry and company with employees. (n.d.). ExxonMobil.  https://corporate.exxonmobil.com/news/news-releases/2020/1021_darren-woods-discusses-future-of-industry-and-company-with-employees

Cortes-Mejia, S., Cortes, A. F., & Herrmann, P. (2022). Sharing Strategic Decisions: CEO Humility, TMT Decentralization, and Ethical Culture.  Journal of Business Ethics,  178(1), 241–260.  https://doi-org.ezproxy.snhu.edu/10.1007/s10551-021-04766-8