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August, 2004

 

Success is about more than being the best
Atlanta Business Chronicle
, August 27, 2004

By Connie Glaser

  It's no surprise that in today's hyper-competitive world there is no shortage of manic Type-A personalities running around business offices everywhere.

A recently published book, written by two Harvard Business School professors (Laura Nash and Howard Stevenson), is receiving a great deal of attention because they contend that what was once thought to be a professional asset is, in reality, a liability. "Just Enough," subtitled "Tools for Creating Success in Your Work and Life," takes a new look at the rewards of a balanced life. The authors contend that success is not a matter of merely being the best.

   
Combining business with ethics
Hindustan Times
, August 25, 2004
  "The institute provides a unique opportunity for leading educators, business practitioners and students alike to merge the theory and practice of business together." --Robert S. Harris, Dean, Darden Graduate School of Business Administration, University of Virginia, on the study of ethics.

"At Darden we’ve had a commitment for some time. Our Olsson Centre for Applied Ethics has been around since 1966. We’ve had a required graded course in our first-year programme since 1989. It’s definitely not a passing phase for us. Recently, we launched an exciting new partnership, the Business Roundtable Institute for Corporate Ethics. This initiative brings Darden together with the Business Roundtable, an association of CEOs of leading U.S. corporations with a combined workforce of more than 10 million and US$3.7 trillion in annual revenues."

   
Negli USA nasce un centro studi sull'etica negli affari
Investor Relations
, August 11, 2004

By Diane E. Lewis

  L'etica negli affari sarà il tema unico di un nuovo centro studi negli Stati Uniti. La Business roundtable, associazione che raccoglie 150 tra i ceo delle più grandi società americane, ha creato questo centro, il Business Roundtable Institute for Corporate Ethics, già operativo e pienamente finanziato dalla stessa, nell'ambito della Darden school of business administration dell'università della Virginia.

(Also appeared in Affiliate Marketing Resources and ZenWise.)

   
ETHICS AS AN IMPERATIVE
AMERICAN ACCOUNTING ASSOCIATION SPEECH, August 11, 2004
By JAMES E. COPELAND, JR
  I’d like to focus my remarks today on ethics in the Accounting and Auditing Profession and the role you have played and will play in the development of ethical behavior within the profession. As the title of my remarks suggests, I don’t believe we have any choice about whether we will or will not teach ethics. We assume that role when we convene a meeting as a partner in a professional services firm, or stand in front of a class of students – whether we want to or not.

At a more tactical level, some very interesting approaches and teaching methodologies are being employed. The old standby case method continues to be popular, and unfortunately there is no shortage of good material for ethics case studies. We used the case method at Deloitte to try to reinforce our shared beliefs. Some schools, including St. Thomas in Minnesota, are doing what sounds like fascinating work on ethics through simulation technique. The Darden School at the University of Virginia and the Business Roundtable have created a business ethics center to reinforce the link between ethics education and business practice. According to a recent survey by the Business Roundtable Institute for Corporate Ethics, corporate ethical standards are on the rise.

   
Ethics training intensifies
ReligionWriters.com
, August 9, 2004
  Workplace ethics failures continue to make the news in all arenas - the corporate world, medicine, technology, law, the military and journalism. The result: a new focus on teaching values in business life. Federal law now requires that publicly held companies report on their integrity. Business schools are looking for new ways to teach ethics. While reality might suggest that the "bad apples" would be impervious to books and training on values, the law now puts responsibility on top leadership to set the proper tone.

Background information for this piece included CEOs surveyed by the new Business Roundtable Institute for Corporate Ethics, who named regaining the public trust as one of the most important issues. The survey is posted on the institute's web site.

   

The Pulse of Area Business
The Business News
, August 2, 2004

By David G. Wegge PhD

  CEOs in Northeastern Wisconsin believe that the public’s trust in business has eroded in the past few years. Twenty-five percent of the CEOs believe there has been a significant erosion of public trust in business and another 54 percent say public trust in business has been moderately eroded.

CEOs nationally are mobilizing and taking action to stem the loss of public trust. A recent study released by the Business Roundtable Institute for Corporate Ethics  found that among CEOs nationally in the U.S., the five most important corporate ethics issues facing business today are: regaining the public trust; effective company management in the context of today's investor expectations; ensuring the integrity of financial reporting; fairness of executive compensation; and ethical role-modeling of senior management.

   
   

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