As a leader it is also important to check whether the problem that you are currently facing has been faced by other before. By researching about the answer given by the company and what was the public's opinion regarding it.
You should be able to identify whether the decision you are about to make will fully align with your ethics, moral, and role responsibilities. Is there a need to adjust anything from your perspective? Always make sure to evaluate yourself before doing anything rash.
MORE IDEAS FROM THE ARTICLE
Leaders understand the complexity of making decisions. Their decisions must always align with these three dimensions:
To no one's surprise, these elements come into dispute from time to time. When this occurs, there are no simple answers but by closely considering these three aspects, leaders will go on confidently that the choices they make represent the best possible compromise between their values.
Being able to comprehend who you are and what kind of leader you are is important to cover the three dimensions of making decisions.
To know who you are as a leader try asking yourself these:
After making a big decision it is crucial to ask yourself:
Allow yourself to reconcile any inconsistencies and any dilemmas you might still have within yourself. Understand that you are allowing yourself to explore your own decision-making thought process which can make you a better decision maker to the next challenge you face.
Once you've gotten to know who you are as a leader and you've evaluated you decision. It is time to strategize a way on how you'll be able to reveal your decision.
You need to keep in mind that there will be times where you have to stand your ground with the decision. Acknowledge that you should sort out all the inconsistencies that could happen when communicating. It is important to make sure that the audience will be able to understand the why's and the how's.
Morality is a set of standards that help people to live cooperatively in groups. Morality is not fixed. What is acceptable in one culture might not be admissible in another culture.
Sometimes, acting in a moral manner means individuals must sacrifice their short-term interests to benefit society. Individuals who don't do this may be considered immoral.
Companies are leveraging data and artificial intelligence to create scalable solutions — but they’re also scaling their reputational, regulatory, and legal risks.
Companies are leveraging data and artificial intelligence to create scalable solutions — but they’re also scaling their reputational, regulatory, and legal risks. For instance, Los Angeles is suing IBM for allegedly misappropriating data it collected with its ubiquitous weather app. Optum is being investigated by regulators for creating an algorithm that allegedly recommended that doctors and nurses pay more attention to white patients than to sicker black patients. Goldman Sachs is being investigated by regulators for using an AI algorithm that allegedly discriminated against women by granting larger credit limits to men than women on their Apple cards. Facebook infamously granted Cambridge Analytica, a political firm, access to the personal data of more than 50 million users.
Just a few years ago discussions of “data ethics” and “AI ethics” were reserved for nonprofit organizations and academics. Today the biggest tech companies in the world — Microsoft, Facebook, Twitter, Google, and more — are putting together fast-growing teams to tackle the ethical problems that arise from the widespread collection, analysis, and use of massive troves of data, particularly when that data is used to train machine learning models, aka AI.