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May, 2004

 
UN INSTITUT INDÉPENDANT POUR SENSIBILISER ET FORMER À L’ÉTHIQUE AUX ÉTATS UNIS
Generattion Enterprise
, May 21, 2004
  Aux Etats-Unis la business Roundtable a lancé le 14 janvier 2004 un institut de formation à l’éthique en entreprise. Cette association qui regroupe 150 PDG (employant plus de 10 millions de personnes) entend montrer par là que l’on peut renouer avec des comportements alliant éthique et affaires. En s’associant avec une douzaine d’écoles de commerce cet institut entend fédérer les volontées entre formateurs, dirigeants et étudiants en vue du bien commun en alliant théorie et pratique. 
   
But Can You Teach It?
The Economist
, May 21, 2004
By Renee Montagne
  No form of education is more commercialised than management education. But are business schools teaching the right things?

But could business schools change this? Lots of them now offer courses on ethics, surely a key attribute of professionalism. Students are not always enthusiastic. Besides, whatever the ethicists say, the overall impact of a course may teach a different lesson. In 2002, the Aspen Institute surveyed 2,000 MBA students and found that their values altered during the course. By the end, they cared less about customer needs and product quality and more about shareholder value. Management research tells a similar tale. A study last year of management research in economic and social contexts found far more emphasis on economic performance and objectives than on social goals. (See "Social Issues and Management: Our Lost Cause Found" by James Walsh, Klaus Weber and Joshua Margolis, Journal of Management, 2003.)

   

Companies need succession plan in place
USA Today
, May 6, 2004

By Al Neuharth

 

When McDonald's Chief Executive James R. Cantalupo, 60, died suddenly last month, directors named President Charles H. Bell, 43, as his CEO successor within hours. The company didn't miss a beat because it had a specific succession plan in place. After Disney's annual meeting, directors got antsy over pressure from big pension fund managers and took the chairman title away from Michael Eisner. He remains president and CEO, but outside director George Mitchell is chairman.

Duties of outside directors of public companies should be pretty clear: Hire the CEO. Help him or her set broad policies and goals. Audit the performance carefully, especially major financial transactions and compensation. Make sure an executive succession plan is in place or in mind. Don't get antsy about public pressure. Don't get too bossy with the boss. "I'm in agreement, but I think directors today also must be guardians of the public trust. They must work not only for a specific company, but for the business community in general as well." -- R. Edward Freeman, advisory board co-chair, Business Roundtable Institute for Corporate Ethics

(Also appeared in the Chillicothe Gazette.)

   

Author to Discuss Success, Goal-Setting at St. Paul, Minn., Event
Saint Paul Pioneer Press
, May 5, 2004

  Can money buy happiness? Is getting the top job the key to success? What about reaching that one big life goal? Harvard researcher and book author Laura Nash set out to explore those questions after 9/11. Her conclusion: even the most driven and focused of life's achievers can hit a wall of dissatisfaction. Success, they report, is elusive. What's more, say Nash and colleague Howard Stevenson in their new book, "Just Enough: Tools for Creating Success in Your Work and Life," business how-to guides and self-help books too often offer misguided advice.
   

Ethics Organization Memberships
Xerox -- Diversity Best Practices
, May 1, 2004

  On January 14, 2004, the Business Roundtable announced the formation of the Institute for Corporate Ethics. This institute will bring together educators, business leaders, and business students to focus on ethical behavior and business practices. The institute, to be housed at the Darden Graduate School of Business Administration at the University of Virginia, has a nine-member Advisory Board, including Xerox Chairman and CEO, Anne Mulcahy.
   

Just Enough Tools for Creating Success in Your Work and Life
Across the Board
, May 1, 2004

By Matthew Budman

  The bar keeps rising, faster than ever, for what constitutes personal success-and it's not just about money. In a world in which "nothing is ever enough," write [Laura] Nash and [Howard] Stevenson, what's critical is deciding at what point to be satisfied. Based on surveys and interviews with successful professionals and top executives, Just Enough argues for "an authentic view of success" grounded in realistic expectations, diversity rather than narrow focus, and self-realization.
   

Gaining Success; Failing at Life; Author Asks, What Is 'Just Enough?'
Star Tribune
, May 1, 2004

By H. J. Cummins

  Americans' admiration for success has gone into hyperdrive, author Laura Nash believes. It might sound subversive, but Nash wants to replace the current full-tilt chase for excellence with a new standard: "just enough." In her new book, "Just Enough: Tools for Creating Success in Your Work and Life," Nash praises the virtue of satisfaction and its role in helping people find the meaning they're looking for in all the pieces of their lives - work, family and community.
   
   

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