Ethics in business is not only about behaving well or even doing good. It is also about, as the Hippocratic oath would have it, doing no harm.
The quest for an ethical business model continues at Baruch on October 31st with Mary C. Gentile talking about Giving Voice To Values: The “How” of Business Ethics.
The HSBC-sponsored Student Series on Ethics and Accountability has been focusing on issues of corporate standards and morality for some years now. Dr. Gentile focuses on values-driven leadership and helping managers find their way to an ethical understanding of the issues that face their businesses.
Is there a scenario in which values and ethics can become stakeholders in industry and commerce?
Among the issues that troubled Duff McDonald’s and others was the elevation of the investor as the sole stakeholder a company would recognize. The ethical questions that arise from this practice of bowing only to shareholder value may be subtle, but they result in companies paying employees less in order to keep the stock price high, or in wholesale firings for the same end. The other stakeholders in the proposition– suppliers, partnering entities, the community– are ignored. This was one of points in his October 12th presentation at Baruch’s Zicklin Center for Corporate Integrity. (See a New Yorker commentary on McDonald’s book for further enlightenment.)
Some six months ago, I shut down one of my many blogs, Observations: Lest I Forgetand transferred much of its content to this one. I fully intended to put new content here and leave the …Lest I Forgetsite to history.
Truth is, I have a lot about which I wish to opine, and enjoy doing so in different fora and diverse platforms. So Observations: Lest I Forgetis being revived today, with fresh content all its own.
If we equate patriotism with not working, our nation is very patriotic. Not much, from the government to laborers who feel doing a sloppy job is sufficient, seems to be working these days.
Voting with your wallet seems like a great idea. Boycotting companies whose line of politics does not meet with your own certainly can send a message.
Until that message leads to censorships, and companies fight back by withdrawing financial support from controversial speech and actions.
Unpopular opinion tends to go underground only to resurface when least expected. Sometimes it’s progressive, but most often it’s regressive. The Klan, for instance, already cowardly behind its white masks of sheets, emerges at political moments such as the one in which we find ourselves. Moments that lend just enough support to the uglier impulses in society, and give credence to troubling ideas, generally based on untruths.
What is the idea behind the District of Columbia? Was it meant to be an enclave populated by citizens from other parts of the country? Politicians, for instance, who would reside in Washington and vote at home?
Why are so many Americans deprived of their right to a voice in our elections?
Hamilton and Jefferson a love-hate story? Lin-Manuel help us make sense of all this?
That whole nativist thing doesn’t really fly in a country that started with a group of British subjects, not native to America, rebelling against their King and country across the seas.
They came as colonists to this land, as all immigrants do, to seek a better life. Economic and religious freedom, and opportunities are common denominators; this is what we all commonly seek for ourselves when we emigrate from one place to another.