Top Five Executive Initiatives (T5EI)The modern executive leader must make choices that are an essential element of his or her leadership. What should we value as a leader? Norms, values, morals, customs and cultures weigh heavily in the mind of the modern leader. The workplace setting must be taken into account. What are the company's policies, procedures and organizational model that guide it throughout its journey? Consider the five key executive initiatives below as a foundation for moral, just, and ethical leadership.1. Commit to a single standard of conduct: “What will a country gain from economic progress if it loses its soul” (Nair, 1997). Leaders must commit to a single standard of conduct and ensure their practices reflect principled behavior. Too many people, as individuals and businesses, have been led to believe that it is necessary to sacrifice morality for the sake of opportunism. This is especially true in the globalized business world. This creates a double standard with lower expectations and standards of personal and professional conduct for social activists, business professionals and politicians (Nair, 1997). It seems difficult to create a universal standard of conduct for everyone. Leaders must lead by example. Employees learn how to behave by observing their leaders and imitating what they see, whether good or bad. Management sets the standard and tone for ethical conduct. Corporate ethics is quickly becoming one of the most discussed topics in the business world; especially when it comes to cross-cultural international business in today's global economy. While many companies recognize the ethical dilemmas posed by business globalization, they struggle to develop relationships between people and action (Northouse, 2010). Leaders demonstrate initiative in ways that endear them to their followers, which results in effectiveness. The alternative is hated, ineffective leaders. Using the above initiatives is essential to becoming an effective ethical leader. Works Cited Ciulla, JB (2003). The ethics of leadership. South Melbourne, Australia: Thomson/Wadsworth. Donaldson, T. and Dunfee, TW (1 July 1999). When ethics travel: The promise and peril of global business ethics. California Management Review, 41, 4, 45-63. Kouzes, J.M. and Posner, B.Z. (2007). The challenge of leadership. 4th ed. San Francisco, CA: Jossey-Bass. Nair, K. (1994). A Higher Level of Leadership: Lessons from the Life of Gandhi. San Francisco: Berrett-Koehler. Northouse, P. G. (2010). Leadership: theory and practice. 5th ed. Thousand Oaks, California. Sage Publications.