The purpose of this research paper is to underscore leadership ethics and to assist in building ethical leaders globally. It explains the concept of ethics and elaborates on the phrase ethical leadership. It outlines the tools and techniques necessary to inculcate ethics. It explains the fundamental reasons for the collapse of global companies such as Enron, Tyco, Lehman Brothers, WorldCom, and Global Crossing due to unethical practices which help explain the more recent fall from grace of BP,

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... olkswagen, and Wells Fargo. It illustrates these salient points with inspiring examples of ethical leaders including Mahatma Gandhi, Martin Luther King Jr., and Mother Teresa. It places emphasis more on the "means" rather than on the "ends" to excel as ethical leaders. It implores to achieve success with integrity. It concludes that a life spent in simplicity and humility is far better than a life spent with fame, initially, and infamy, finally.