ABSTRACT

Ethical leadership is about sustainable future development. Sustainability means focusing on the long-term impact, social equity, environmental protection, and economically healthy results. Happiness, health, and success are terms that positively describe wellbeing and relate to the combined state of the personal and public life of a project leader. The leader is responsible for an agreement on a solution being reached, for the implementation of a solution and for providing feedback on the result. The reliable leader works welland ensures projects are completed on time, to a specific level of quality and within other benchmarks. The economic crisis that shook the financial market in 2008 testifies to economic leaders’ lack of moral policy and lack of respect for moral standards. A project leader without a moral sense is unlikely to do anything significant towards resolving moral dilemmas. A leader who fails to respect other people’s values and to notice their contribution lacks a moral sense.