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April, 2004

 

Success is a Moving Target The Globe and Mail, April 21, 2004 By Harvey Schachter
	Success, we are told repeatedly, comes from passion and single-mindedness. The media regularly feed us an image of success in which self-centredness, obsessiveness and excess figure prominently. But in Just Enough, Harvard University's Laura Nash and Howard Stevenson argue that's a wrong-headed description of success and the reason so many people are confused about their careers.
Business ethics center mission remains unclear New Hampshire Business Review, April 16, 2004 By Bob Sanders
	The Business Roundtable, for instance, is developing a corporate responsibility curriculum, and the Aspen Institute in Aspen, Colo., applies the classics in workshops to business leaders. No matter what the outcome of the expected retrial of former Tyco International executives Dennis Kozlowski and Mark Swartz, their prosecution has already had an effect in New Hampshire. Or at least it's supposed to.
Code of Ethics Darden hosts Business Roundtable Virginia Magazine, April 15, 2004
	Ethics continue to take a licking in the corporate world as a parade of scandals seemingly takes up permanent residence on the front page. It’s enough to make an ordinary person wonder: Can business leaders be saved? Enter the Business Roundtable Institute for Corporate Ethics. Initially funded by the Business Roundtable, a national organization of major corporate leaders, and housed at the Darden Graduate School of Business Administration, the first-of-its-kind business ethics center will underscore the link between ethical behavior and smart business. “This institute will be successful if we can engage the academics, the CEOs and the students in a conversation about how to improve the connection between business and ethics,” says R. Edward Freeman, co-director of the Olsson Center for Applied Ethics at the Darden School. “I don’t think there are any easy answers for these questions, but the goal is pretty straightforward.”
Make Your Success Stick Investor's Business Daily, April 13, 2004 By Robin Grugal
	What separates a successful dabble in the next new thing from an achievement whose meaning lasts even beyond its assumed practical impact? That was one of the questions Laura Nash and Howard Stevenson, authors of "Just Enough," set out to answer as part of their study on success. After surveying 90 top executives and conducting more than 300 hours of in-depth interviews, they came up with something they call the "four markers of enduring success."
Turning Success Into Fulfillment The New York Times, April 11, 2004 By Paul B. Brown
	The ghost of Peggy Lee is channeling through a handful of new business books. Baby boomers, seemingly the primary audience for these books, have achieved varying degrees of success at work. But recognizing that life is finite, some of them may now wonder, ''Am I making the most of my life, especially when it comes to the way I earn my living?'' They will have different answers, of course. But they will probably be happier with them if they redefine success, Laura Nash and Howard Stevenson argue in ''Just Enough'' (John Wiley & Sons), the best of this crop of books. The authors, Harvard Business School faculty members, have come up with a four-part definition of personal success that forms the subtitle: ''happiness, significance, achievement and legacy.''
Business Roundtable Institute for Corporate Ethics EthicsNews.it, April 11, 2004
	... Business Roundtable Institute for Corporate Ethics names Dean W. Krehmeyer Executive Director Read Full News Release. CEOs Identify ...
The Importance of Business Ethics Jamaican Gleaner, April 11, 2004 By Ayanna Kirton
	In recent years the term 'business ethics' has taken on new relevance in the wake of accounting scandals that have discredited some of the world's largest and well-respected companies. The list includes WorldCom (now MCI), Tyco International, Parmalat, and Enron, whose financial executives have faced charges and possible jail time for financial misdeeds. According to an article published by Business Week, on January 14, 2004, the BRT, an association of 150 chief executive officers of leading United States companies, announced it was creating a new business-ethics centre. The Business Roundtable Institute for Corporate Ethics will be housed at the University of Virginia's Darden Graduate School of Business Administration. The BRT hopes to deflect criticism of CEO excesses by developing a business school ethics curriculum as well as train executives and conduct research.
Study Debunks Ethics Management Myths Penn State Live, April 9, 2004 By Andrew Krebs
	The process of managing ethical behavior in a corporate setting has been undermined by various oversimplified responses to the issue, which have fueled common myths about ethics that do not hold up under greater scrutiny, according to a new article co-authored by Linda Klebe Trevino of Penn State's Smeal College of Business. (Also appeared in The Business Journal.)
Learning From Corporate Fraud Cases The Star-Ledger, April 6, 2004 By Beth Fitzgerald
	Dennis Kozlowski’s corporate fraud case may have ended in a mistrial last week, but the issue of executive misdeeds isn’t going away especially since some of the biggest names have yet to have their day before a jury. The question now is whether corporate America has learned anything. For that answer, The Star-Ledger turned to Edwin Hartman, professor at the Rutgers Business School and director of the Prudential Business Ethics Center at Rutgers. He was recently named an academic adviser to the Institute for Corporate Ethics at the Business Roundtable, an association made up of chief executives.
Blaming B-Schools Hartford Courant, April 5, 2004 By Liz Willen
	Corporate scandals surfacing since the collapse of the energy trader Enron led Congress to pass the Sarbanes-Oxley Act overhauling corporate governance laws in 2002 and prompted President George W. Bush's administration to create a white-collar crime task force. The Business Roundtable, representing chief executives of U.S. corporations with a combined workforce of 10 million, in January announced in response the creation of an institute at the University of Virginia's Darden Graduate School of Business Administration that will train students and executives on ethics and develop new teaching materials.
Accounting Ethics... Imagine That Government Accountants Journal, April 1, 2004 By Lawrence M. Metzger
	The accounting profession has come under intense attack and scrutiny with respect to its involvement with multiple financial reporting scandals. This article introduces government accounting professionals to the ethical concept of moral imagination. It shows how the active use of imagination and creative thinking can help lead to the right ethical decision. In her book Moral Imagination and Management Decision-Making Patricia Werhane states "Developing moral imagination involves heightened awareness of contextual moral dilemmas and their mental models that create new possibilities, and the capability to reframe the dilemma and create new solutions in ways that are novel, economically viable and morally justifiable."
Rutgers Business School Professors Receive Appointment, Kudos for Work Newark Connections, April 1, 2004 By Mike Sutton
	Two professors at Rutgers Business School-Newark and New Brunswick have been honored for their leadership and scholarship – one with an appointment to a national organization recently formed to study and foster high ethical business standards, and the other with a prestigious award from Rutgers University. Professor Edwin Hartman, director of the Prudential Business Ethics Center at Rutgers, has been selected to serve as an academic advisor to The Business Roundtable Institute for Corporate Ethics. Another member of the Rutgers business faculty, Glenn Shafer, professor of accounting and information systems, has been named the recipient of this year’s Daniel Gorenstein Memorial Award.

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