Setting a moral example is crucial for several reasons:
1. Trust Building: Employees are more likely to trust leaders who exhibit consistent ethical behavior. Trust is fundamental to a cohesive and productive workplace. 2. Reputation Management: Companies known for ethical leadership are more likely to attract talent, customers, and investors. 3. Legal and Ethical Compliance: Leaders who act ethically ensure that the company adheres to laws and regulations, reducing the risk of legal issues. 4. Long-term Success: Ethical behavior fosters sustainable growth by building a solid foundation of principles that guide decision-making.