Can You Teach Businessmen to Be Ethical?
By Jonathan Haidt
Designing an ethical organization isn’t just about “nudging” individuals. You also have to think about the culture that emerges, how you as a leader can shape that culture, and how your organization can hire and fire to protect that culture
Americans have traditionally had a more positive view of commerce, but two waves of scandals—Enron in 2001 and the global financial crisis in 2008—have decimated that trust. As a result, Americans are more ambivalent about business than they were in the 1990s, and many students entering business school today are eager to revive the focus on virtue.
A survey by the Aspen Institute showed an increase between 2002 and 2007 in MBA students’ desires to have their careers make a contribution to society. The survey also found a decline in the belief that a company’s primary responsibility is to maximize shareholder value.
Read full article as published in The Washington Post
Jonathan Haidt is the Thomas Cooley Professor of Ethical Leadership.