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March, 2007

 

Rise above the politics as servant leaders Jeffersonville Evening News & New Albany Tribune (IN), March 29, 2007 By Tim McDonald
	A few years ago Norman Bowie, professor of business ethics at the London School of Business, tackled the subject of whether those individuals rooted in law (rules of morality) could in fact become a servant leader. Placing the needs of those we lead ahead of organizational objectives (companies, schools, cities) and focusing on developing the followers (students, employees, citizens) into empowered leaders to meet objectives are a challenge that should be embraced.
Leaps of Faith Christianity Today, March 7, 2007 By Bob Smietana
	Like Bill Gates, who recently decided to work full-time at his foundation, many Christians hope to put their business skills and resources to work in the charitable world. But it's no easy transition, says Laura Nash, formerly a senior lecturer at Harvard Business School and coauthor of Church on Sunday, Work on Monday. Businesspeople are accustomed to a world where everything is measurable, from results to bottom-line profits.
The Debate Over Quarterly EPS Guidance   CNBC, March 6, 2007 By Scott Reeves
	Should companies stop issuing quarterly earnings guidance? Dean Krehmeyer, executive director of the Business Roundtable Institute for Corporate Ethics, says yes because focusing on quarterly earnings per share guidance often forces companies to concentrate on the here-and-now while under-investing in the future.
Global Investor: Green Biz at Odds With Wall Street Newsweek International, March 5, 2007 By Jeffrey E. Garten
	As public interest in the threat of climate change grows in the United States, a large number of companies are announcing that they are going green. General Electric has announced a program to develop energy saving technologies across all of its divisions, from aircraft engines to light bulbs. But for most of Corporate America real change will come much slower. One reason is that the long-term horizon for meaningful actions to reduce greenhouse emissions is at odds with Wall Street's show-me-the-money-now ethos. Last year, the tyranny of quarterly earnings reports was cited by 76 percent of a Business Roundtable sample of CEOs as a great inhibition to research and other activities necessary to create value for the long term.

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