 BismillahirRahmanirRaheem and Asalaamu alaikum ladies and gentlemen, welcome back to corporate governance and in corporate governance we are looking at ethical leadership and in this we are going to be today studying another case study which is called the dilemma of ethical decision making. Whenever a person is in a leadership position, many decisions have to be taken, sometimes one agrees with them and sometimes one does not. However, it is the responsibility of a leader to follow the principles of transparency, accountability and meritocracy. However, many a times we see that certain decisions are pressurized based upon nepotism and favoritism and we basically end up in a very transparent and a very delegate situation which requires ethical decision making. Now, in this particular case study, we will be looking at the rise of Mr. Zaidusan who joined ANC XYZ Limited when it was a very small company way back in 2004 but in 12 years he was able to rise from the position of manager coordination to become the CEO which again reflects the fact that the company was encouraging competency based and also honest leadership to come forward. Now, in 2016 ANC basically faced and were able to have a wonderful year because all of its projects were proceeding successfully. Everything seemed perfect but Zaidusan was complimenting his options. Now, what we see is that the past year had seen a flurry of activity in the planning of the infrastructure project. Certain phone calls and incidents in the past few weeks had left Zaidusan disturbed. The first phone call came from one of the founding directors of ANC XYZ Limited enquiring about the short listing of firms for the construction of the project. So, again what we see is that even though everything was going marvelously and wonderfully for the company but when one large multi billion dollar project of construction was under consideration then he was getting phone calls from very influential people because the stakes were so high and then the phone call which really disturbed him was the one from one of his founding directors asking about the short listing of different firms. Now, earlier Mr. Zaid had not been satisfied with the selection process of the project architect and the abrupt inclusion of ABC builders. So, this was bothering him because the architect was appointed upon favoritism and now the sudden inclusion of ACP builders. He included ABC builders and called all shorted terms to submit technical and financial proposals. The proposals were evaluated and ABC builders came forth in the comparison sheet. The exercise was repeated just to ensure that it is more transparent and ABC builders came third in the valuation. Zaidusan stipulated as per SOPs recommended the QRST limited to be given the multi billion contract. So, he basically worked on meritocracy and have ordered the contract to someone else. However, then there was a backlash and two of the directors Mr. Osama and Mr. Shahid they pressurized Mr. Zaid to award the contract to ABC and when Mr. Zaid did not oblige then the chairman of ANC limited also directed Zaidusan to award the contract to ABC builders and this is where the dilemma basically starts to emerge. The next day Zaidusan met with his two trusted chief officers and discussed the situation with them. The CFO informed him that the son of the chairman was a de facto partner in ABC builders. So, that was what was under the water because in the iceberg effect he could not see what were the real issues but this was the real issue that this was a personalized issue. So, the questions which emerge from the case study and something that I would like you to basically juggle your mind is what decisions should Zaidusan take and why that is very important. Is there any other option for Zaidusan in this current scenario and then why has the BOD changed its leadership stance from merit professionalism and process based decision making to pragmatism and practically coupled with arbitrariness in decision making. So, this is a very important question and you must think out what are the various reasons for all the stakeholders basically come out with such a situation and compromise the company in itself but they are very interested in taking it forward. Is there any conflict of interest in this situation in your opinion is a chairman of ANC limited and ethical leader explain with cogent argument. So, you have these five questions ladies and gentlemen I would like you to attempt them in the light of the case study and it is a very interesting case study because many questions tend to emerge and therefore, if you apply your mind properly you would be able to come out with the right answers. Thank you so much.