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Ethics for the MBA


Responding to the greed-fueled scandals on Wall Street, a group of 2009 Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University.  graduates has created an ethics oath oath, vocal affirmation of the truth of one's statements, generally made by appealing to a deity. From the earliest days of human history, calling upon the gods of a community to witness the truth of a statement or the solemnity of a promise has been commonly  for people who hold Master of Business Administration degrees.

Max Anderson Max Arthur Anderson (born June 6, 1945 in Stockton, California) was an American football running back and kick returner in the American Football League for the Buffalo Bills from 1968 through 1969. He played college football at Arizona State University. , one of the oathÕs authors, said the number of MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 degrees awarded this year will be double the number of law and medical degrees combined. He noted that doctors and lawyers are held to professional standards, yet business leaders are not.

He and other students started discussing what a professional oath for MBA graduates would look like and the result, named the MBA Oath, was born. It calls for MBA-holders to run their businesses for Òthe greater good,Ó while being profitable. Signers pledge to work with integrity, be accountable to their peers and avoid Ònarrow ambitionsÓ and Òunbridled greed.Ó

Teal Carlock, one of the pledgeÕs authors, told The New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times that because of the scandals, ÒFingers are now pointed at MBAs and we, as a class, have a real opportunity to come together and set a standard as business leaders.Ó

Writing on a Web site dedicated to the oath, Anderson laid out a lofty goal — that at his 25th reunion, he and his classmates Classmates can refer to either:
  • Classmates.com, a social networking website.
  • Classmates (film), a 2006 Malayalam blockbuster directed by Lal Jose, starring Prithviraj, Jayasurya, Indragith, Sunil, Jagathy, Kavya Madhavan, Balachandra Menon, ...
 Òwill not be known for how much money we made ... but for how the world was a better place as a result of our leadership.Ó

He and other members of the group note that the oath itself is not a panacea Some antidote or remedy that completely solves a problem. Most so-called panaceas in this industry, if they survive at all, wind up sitting alongside and working with the products they were supposed to replace. , nor will it stop greed and corruption. They nonetheless hope it will be a step toward raising the level of ethics in business.

So far, more than 450 people have signed the pledge. Although that represents a tiny fraction of the MBA degrees awarded this year, it is a good start — it includes graduates of some of the nationÕs leading business schools. We hopethis oath spurs the continued conversation about ethics in business, and that could go a long way toward making a real difference on Wall Street.
Copyright 2009 Las Vegas Sun
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Author:Staff
Publication:Las Vegas Sun
Date:Jun 3, 2009
Words:329
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