Answered step by step
Verified Expert Solution
Question
1 Approved Answer
ETHICAL DILEMMA Innocent, but What about Trust? Innocent Drinks is a London - based company operating in the beverages industry worldwide. The business idea was
ETHICAL DILEMMA Innocent, but What about Trust?
Innocent Drinks is a Londonbased company operating in the beverages industry worldwide. The business idea was conceived in by three Cambridge University graduates, and the company made its dbut in The three friends led the business idea by having a clear vision, and they took personal risks to achieve it Their goal was to produce percent natural smoothies that do good." The uniqueness of the company's products and the unique leadership style combining visionary and charismatic elements became the brand's selling point. With an inspirational and ethical leadership stance, a business approach that emphasized social responsibility and ethical sources, an employeeled innovation culture, and its stated purpose of "doing good," Innocent established a reputation and became successful in the market. Since Innocent has thrived in European countries.
Notwithstanding this success, Innocent recorded losses in due to the economic downturn, and in they announced plans to sell percent of the company to CocaCola. Following this announcement, Innocent
experienced a fall in their Ethiscore from to Since CocaCola Company has come to hold over percent of Innocent Drinks, leaving very little scope for the former leadership of the company to lead the future of Innocent Drinks. Despite the positive strategic implications for global expansion and product development including the launch of its coconut water products and Innocent Bubble in debates have raged over the trustworthiness and the authenticity of the current leadership, leading to a simple question about the brand: can we still trust its innocence?
Questions
In what way are Innocent's charismatic, transformational, and transactional elements of leadership now at stake?
What is ethical leadership, and how could ethical leadership be evidenced in the case of Innocent Drinks?
Why has the authenticity of ethical leadership of Innocent Drinks come under scrutiny?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started