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June, 2004

 
Mixing Business Success With High Ethical Standards
CNNfn: Dolans Unscripted
, June 30, 2004
By Ken Dolan and Daria Dolan
  NASH: I think there`s a sense a one-stop celebrity solution will somehow get you wealth and fame, and you start benchmarking only on celebrity. KEN DOLAN, CNNfn ANCHOR, DOLANS UNSCRIPTED: Well, it`s everybody`s goal, reach for the stars. But the question sort of is, by gaining success and winning in business, am I losing the rest of my life? Can you maintain moral ethics, family relationships and stuff important to a lot of people and still be successful at the same time, I ask you.

DARIA DOLAN: Or maybe you grabbed star and you`ve got it in your hot little hand and now you`re trying to reach for the moon? Well, maybe you`re not as successful as you think you are. And joining us to tell us why not is Laura Nash, senior lecturer in business ethics at Harvard Business School and author of "Just Enough: Tools For Creating Success in Your Work and Life." And today is Boston day.

   
Current Trend of Spirituality in the Workplace
NPR: Morning Edition
, June 28, 2004
By Renee Montagne
  God, it seems, is quite a busy manager these days. Books like "Jesus CEO" and "Seven Spiritual Laws of Success" argue that people should no longer leave their soul at the office door. Some companies believe a faith-friendly workplace will create higher profits, or at least happier workers.

At this point, there's no hard evidence to suggest that spirituality actually affects the bottom line. Harvard's Laura Nash, author of "Believers in Business," says it does make sense, but she says faith is so individual it's hard to measure its effects. For example, she says, it may be that someone feels more focused when she lights a candle each morning at work, but...

   

Grab the Brass Ring, or Just Enjoy the Ride?
The New York Times
, June 27, 2004

By Claudia H. Deutsch

 

Ask Laura Nash why contentment seems so elusive to so many people, and she tells the tale of a young entrepreneur she met a few years ago. He had just sold his software business for $19 million, making him, at 39, a clear master of one universe who, she would have thought, would be ready to tackle another. Was he proud? Happy? Eager to try something new? No. ''He felt ashamed to tell his peers he hadn't made more,'' Ms. Nash recalled. And that makes absolutely no sense to her.  Sure, she thinks that money and the things it buys are great. But she cannot understand why people rarely feel that they have enough money, and why they are driven to get more, more, more.

Ms. Nash is a career academic -- she is a senior lecturer in business ethics at Harvard Business School -- so it is probably no surprise that she turned her dismay into a research project, and her research project into a book. She and Howard Stevenson, a professor of business administration at Harvard, interviewed hundreds of people who had achieved professional success but still could not stop striving for more.

   

SBC board member a big investor in MCI
The San Francisco Chronicle
, June 4, 2004

By David Lazarus

  An SBC board member is also one of the largest investors in rival MCI -- a situation that Wall Street analysts and experts in business ethics say represents a clear conflict of interest. Edwin Hartman, director of the Prudential Business Ethics Center at Rutgers University, called Slim's dual roles as an SBC director and a major MCI shareholder "a substantial conflict."
   

India Captivates US B-school Students
India Abroad
, June 4, 2004

By Arun Venugopal

  One of the most telling indicators of India's economic strength may very well be student attendance. In the last year or two, the number of MBA candidates at top American business schools signing up for — even demanding — classes on India's business climate has exploded. Courses combining coursework with visits to India have been developed in recent years at NYU's Stern School, Wharton, and Indiana. But the godfather of them all is the one at Northwestern's Kellogg School, called Global Initiatives in Management, India. "Three years from now, GIM India will be the largest," said Professor David Messick, who led 30 students to India this spring, the majority of whom were not of Indian descent.
   
Regaining Public Trust Is Top Corporate Ethics Issue, CEOs Say
Institute of Management Accountants
, June 1, 2004
  The Business Roundtable Institute for Corporate Ethics -- an ethics center formed earlier this year in partnership between Business Roundtable and faculty from the country's top business schools -- announced key findings from its initial research project, "Mapping the Terrain." A majority of CEOs (81 percent) believe that in the wake of recent controversies standards for corporate ethics have risen. Also, most CEOs (74 percent) indicated their companies have made changes in how ethics issues are handled or reported within the last two years.

"These results tell a consistent story," said the Institute's Academic Director R. Edward Freeman, "There is clearly a heightened sensitivity among business leaders to the importance of these issues."

"The Mapping the Terrain survey helped shape the curriculum for the Institute's initial CEO Seminar on Business Ethics which takes place later this month and the results also set the roadmap for our research agenda. Our aim is to help leaders put business and ethics together," said Institute Executive Director Dean Krehmeyer. The seminar will be led by Professor Freeman who teaches at The Darden School and Wharton Professor Thomas Donaldson -- two recognized experts in the field of business ethics.

(Also appeared in Business Education Week, The Journal, The Heights, The Script, The Chronicle, The Commuter, The Pace Press, The Phoenix, The Courier, The Pilot, The Profile, Ethics Newsline, Institute for Global Ethics, and Surfwax Ethics News.)

   
   

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