Special Report on
The MBA Ethics Oath
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I am part of a team of 25 graduating Harvard MBAs who created the MBA Oath, pledging to lead professional careers marked with integrity and ethics. My classmates and I are aware of the low opinion many people have of MBAs, especially in the wake of the financial crisis. We don't want to be known as the least respected profession in America ( though some polls say MBAs hold that distinction ). We want to be known as professionals, who look after the best interests of their clients, customers, employees and shareholders. Our goal is to begin a widespread movement of MBAs who aim to lead in the interests of the greater good ...
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Three Star Leadership Blog: Rethinking the MBA Oath
If you are a boss at any level, this blog will give you insight, information, and pointers to resources to do a better job and live a better life. The Working Supervisor's Support Kit is a collection of information and tools to help working supervisors do a better job. It's based on what Wally's learned in over twenty years of supervisory skills training. For weekly tips and resources pointers, check Wally's Three Star Leadership Letter Find out more about having Wally speak to your company or convention. A year ago, the business press devoted a lot of attention to the MBA Oath. Much of the coverage was like ...
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to commit towards the creation of value "responsibly and ethically." As of January 2010, the initiative is driven by a coalition of MBA students, graduates and advisors, including nearly 2,000 student and alumni signers from over 500 MBA programs around the world. By formalizing a written oath and creating forums for individuals to personally commit to an ethical standard, the initiative hopes to accomplish three goals: to make a difference in the lives of the individual students who take the oath, to challenge other classmates to work towards a higher professional standard, whether they sign the oath or not, and to ...
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Judging by public and political outrage over executive compensation, lack of transparency, complex financial products and other hallmarks of Wall Street's gilded age, it appears so. Sure, some of that anger is misplaced, and the concept of the ethical company has always faced criticisms, none stronger than economist Milton Friedman's famed line that the "social responsibility of business is to increase its profits." But there's a good argument that companies that took business ethics seriously before the crisis have sailed through it; those that favored ... Read More
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Business professionals are working to combat the blatant, unapologetic amorality in the business world. The government is taking measures by enforcing firm new regulations, the media is keeping a closer eye on corporate action, and, perhaps most impressively, business school students are taking initiatives to "chang[e] business itself by changing the way its leaders think about their responsibilities." An article in Boston.com, " Executive honor ," explains that business school students and graduates are achieving this lofty goal by encouraging new business leaders to take a simple oath pledging ethical ...
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Professor Douglas Hall says ethical behavior trumps signing the MBA oath of ethics for many students. Photo by Kalman Zabarsky The notion of “business ethics” seems so oxymoronic after Wall Street’s recent shenanigans that an MBA oath of ethics, adopted by management and business schools in the last year, was mercilessly skewered shortly after its inception by The Daily Show . Among BU’s Graduate School of Management students and alumni, just 14 have signed the oath, which originated at the Harvard Business School . (Told by a professor that business schools have taught ethics for decades, the Daily Show interviewer earnestly ...
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SURVEY RESULTS FOR
THE MBA ETHICS OATH
The newly appointed dean of Harvard Business School Nitin Nohria sits for a photo in Cambridge, Massachusetts. Photographer: Mike Fein/Bloomberg May 20 (Bloomberg) -- Graduates of Harvard Business School and other business schools worldwide pledge responsibility by taking an MBA oath modeled on the Hippocratic Oath administered to doctors. The aim is to get as many as 6,000 graduates at 50 MBA programs to swear they won't put personal ambitions before the interest of their employers or society. Bloomberg's Deirdre Bolton reports. (Source: Bloomberg) Karissa Lim, left, and Shannon Tatz sign an ethics oath at the McCombs ...
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May 20 (Bloomberg) -- When Larry Estrada graduates from Harvard Business School next week, he’ll begin work at Goldman Sachs Group Inc. He’ll do so only after taking an oath. Estrada, 30, has joined with about 150 fellow business school students and faculty worldwide to crusade for the acceptance of an MBA ethics pledge modeled on the Hippocratic Oath taken by doctors. The aim is to get as many as 6,000 graduates at 50 MBA programs to swear they won’t put personal ambitions before the interests of their employers or society. Created last year by Harvard Business students to counter a growing public mistrust of ...
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It has been an eventful week in the 60-day history of the Deepwater Horizon oil spill disaster. President Obama delivered a solemn speech from the Oval Office to the nation. The head honchos of BP arrived in Washington with apologies to the American people and agreed to a $20 billion compensation fund for people whose livelihoods have been affected. The British company’s chief executive, Tony Hayward, has fronted up to Congress and admitted that the explosion and sinking of the oil rig “never should have happened” but that “we are unwavering in our commitment to fulfil all our responsibilities.” ...
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WASHINGTON: It is graduation time in the United States, a time of sunny days and hopefully bright futures, but business school students are getting their diplomas under the shadow of the Wall Street meltdown that helped trigger the deep recession in which millions lost their savings, homes and jobs. With that in mind, hundreds of them are choosing to enter the corporate world under a pledge patterned on the Hippocratic oath to 'do no harm' taken by doctors. Known as the 'MBA oath', it is fast catching on in business school campuses across the US and around the world. One in three of the 901 ...
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INFORMATION RESOURCES
May 19, 2010 ... the MBA Ethics Oath (for which Google gave circa 56500 hits on February 5,. 2010 ). Codes of ethics in many disciplines are also surveyed on ...
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Christof Tannert, Horst-Dietrich Elvers and Burkhard Jandrig are at the Unit Bioethics and Science Communication, Max Delbrück Center for Molecular Medicine, Berlin, Germany. Email: tannert/at/mdc-berlin.de Uncertainty touches most aspects of life, especially when we make decisions that have consequences that we cannot predict. Leaving the house without an umbrella carries a risk because it could start to rain; investing in the stock market carries the risk of losing money. It is therefore natural that, whenever we make decisions with unpredictable outcomes, we weigh up the possible results and their risks and benefits. ...
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REAL TIME
THE MBA ETHICS OATH
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The Business Beat: Back to B(ee) School (Part 3 of ... -
Larry Zicklin supports the MBA Oath @ Baruch College May 17, 2010
- - Accepted Admissions Almanac - Free Essays that Stick Webinar ...
- Webinar this Thursday: Dealing with Difficult Clients > Trust Matters
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QUESTIONS AND ANSWERS
Obviously, if an MBA degree satisfies all the questions you listed could be valuable but the value probably be limited. I mean, you can easily find a library or job to find out all the answers, practical or theoretical, technical or business. So why bother for MBA? I'm doing my part time MBA and my experience is beyond the level of knowledge and skills you can learn from the school. Besides that, if you are really motivated by your vision or your passion, MBA can give you another opportunity to learn, develop and reinvent yourself. Most of time, we are not learning professors or textbook, as a matter of facts, we ...
I am a French amateur historian in German history between 1918 and 1945, particularly with regard to the Nazi era, Hitler's character and the occupation of Europe. Experience I have worked on the subject of Nazism since college and since I retired I developed a complete site with more than 60 chapters devoted to different aspects of the Nazi era. I have developed too a special interest in Nazi Art and the treatment of art by the Nazis. My site had about 2000 hits per week and is very well considered. I would be glad to help some people who have very precise questions about Hitler and the Nazis. My site can be ...
