Sunday, October 25, 2015

A634.1.6.RB_MedleyKim_Everything I Need to Know About Ethics...

Everything I Need to Know About Ethics…
            One of my most favorite prints is both posted and commented by Susan (2008) and titled, “All I Really Need to Know I Learned in Kindergarten”. Every time I read it, I smile. Robert Fulghum, the author of the piece, observes if we take but a few of the listed lessons: playing fair, sharing with others, living a balanced life, cleaning up our own messes, and not taking from others; the lessons hold true regardless of our advancing age (as cited in Susan, 2008). Fulghum asks us to posit a world in which warm cookies and milk, with a nap to follow, is not only acceptable, it’s embraced (Susan, 2008). How many different cultures allow for just such a break? What if governments across the globe had at the core of their value system the basic of idea of cleaning up and leaving things as they were found or perhaps better than when found (Susan, 2008)? Could such simple lessons hold the key to reversing such trends and opinions as cited by Pastin (2013), including an underwhelming 21% of those surveyed who characterize “business executive as having “high” ethical standards”? If the answer is “Yes”; then, what can business schools do to help?

            Podolny (2009) pens society’s “intense rage… against big business… investment banks, credit-rating agencies”, central banks, and many prominent institutions upon which economies rely; including “business schools” (p. 62). Whereas courses ranging from arts to religion allow for the development of “critical thinking and moral reasoning”; business schools, in particular the studies required for the successful attainment of an MBA, have not only contributed to the “self-serving decisions” made by many of its graduates, they present a harm to society (Podolny, 2009, p. 63). How did such a prestigious degree arrive at today’s reputation? In an overly simplified answer, they forgot the simple lessons. While focusing on many of the ins and outs of statistics and economics, they forgot, or simply were no longer taught the “aware of wonder” (Susan, 2008). Fair play was replaced by the need to secure higher pay, at almost any cost. Apologies for harm and a willingness to clean up one’s own mess gave way to professions without ideals. In short, business students were taught and subsequently unleashed on society, with a focus that asked, “What can I do to make the most money?” instead of teaching and releasing professionals who sought that which they could do to change the world for the better (Podolny, 2009, p. 65). In order to address this trend, business schools must begin to adhere to the simple message from the “Dick-and-Jane books… LOOK” (Susan, 2008):

·       LOOK at teaching ethics and values with statistics and economic
·       LOOK at society’s view of right and wrong versus that of the school
·       LOOK at more than offering one ethics’ course
·       LOOK at continuing education in ethics
·       LOOK at long-term goals not “short-term drivers” such as rankings
·       LOOK at moral consequences of actions
·       LOOK at the school’s value system against that of society
·       LOOK at the core components of leadership: “principles, ethics, and attention to detail” – do students exhibit these traits?
·       LOOK at the benefits of team teaching where “hard” and “soft” controls put forward materials for each class
·       LOOK at and consider Quality over Quantity when research opportunities present

           As long as the focus is on mass producing MBA graduates with a prime directive of making the most money, business schools will continue to fall short and will forever be associated by society to the corporate greed and destruction that has harmed so many (Podolny, 2009). The situation has garnered enough attention that experts are beginning to call for the formation of a “code of conduct for MBAs” with a loss of credentials as the ultimate price to be paid for unethical behavior (Podolny, 2009, p. 67). Sounds promising. After all, returning to the sand box for a moment, when we did not share, wasn’t a discipline imposed? When we hurt someone, wasn’t a punishment expected? When we did not play fair, or cheated, were we not so lectured and warned? In a corporate world filled with pitfalls that can lead to self-interest, harm to others, and a lack of fair play, shouldn’t business schools be preparing students for that which “really goes on inside companies” and equip them with the proper knowledge and skills to reach ethical decisions, that, if asked, our kindergarten teacher would approve (Podolny, 2009)?



References
LaFollette, H. (2007). The Practice of Ethics. Malden: Blackwell Publishing.
Pastin, M. (2013, Nov. 11). The Different Ways People Handle Ethical Issues in the Workplace.
            In The Management Blog Bloomberg Business. Retrieved from
Podolny, J.M. (2009, June). The Buck Stops (and Starts) at Business School.
            Harvard Business Review, 87(6), 62-67.
Susan. (2008, Dec. 11). All I Really Need to Know I Learned in Kindergarten. [Web log
            comment]. Coronado Common Sense. Retrieved from



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