I am very glad to see this level of passionate dialogue regarding this topic, I was starting to wonder whether our community of scholars had any reactions to recent events.
As the events of last fall unfolded, I was expecting AMLE to get deluged with essay-type manuscripts on topics such as business schools' potential role in causing the crises, what their role might be in resolving the current problems, and what role they might play in crafting a way forward. To my surprise, so far this has not happened; we've received maybe one submission that directly speaks to our current economic situation. I do hope this exchange sparks some ideas for the contributors to and/or observers of this discussion to craft thoughtful, provocative essays to submit for consideration for publication in AMLE (or other journals) on this topic. Best regards, Ben
J. B. (Ben) Arbaugh, Ph.D.
Editor,
Academy of Management Learning & EducationCollege of Business
University of Wisconsin Oshkosh
e-mail:
arbaugh@uwosh.edu Phone: (920) 424-7189
http://journals.aomonline.org/amle/"What are you reading?"
----- Original Message -----
From: Chantal Epie <
cepie@LBS.EDU.NG>
Date: Monday, April 6, 2009 7:08 am
Subject: FW: Financial crash of 9-11-08
To:
MG-ED-DV@AOMLISTS.PACE.EDU
| > There is sometimes a thin line between a dream and an ambitious but not-impossible goal. To what George says I would add that Management Schools need to select Management Faculty on the basis of their ethical values and willingness to do their best to impart them to their students. We need to develop in business schools a sense of corporate mission to contribute to the good of society not simply by teaching people how to make quick money, but rather by teaching them how to create a business environment suitable for sustainable money-making in the long term. This is not an utopian dream. My School has such strong corporate values, and the readiness to embrace those values is part of the selection criteria. We may not be 100% successful in passing on those values to our students, but we do have evidence that there is an impact, and this is what matters. Of course it will take a long time before the whole system gets sanitized; but at least we can try, and acknowledge the positive impact of a few additional people becoming more ethical each year. > Chantal Epie > Associate Professor > Lagos Business School > Pan-African University > Lagos, Nigeria. > From: Management Education and Development Discussion [mailto:MG-ED-DV@AOMLISTS.PACE.EDU] On Behalf Of Morton Cotlar > Sent: Monday, April 06, 2009 4:26 AM > To: MG-ED-DV@AOMLISTS.PACE.EDU > Subject: Re: Financial crash of 9-11-08 > I think you need to read more on the subject of corporate responsibility. > Morton Cotlar > Professor Emeritus, University of Hawaii > On Apr 5, 2009, at 1:54 PM, Fred Nickols wrote: > I think you are dreaming. > > Sent from my iPod > On Apr 5, 2009, at 4:19 PM, George Graen <Lmxlotus@AOL.COM> wrote: > I've just returned from the Organizational Psychologists meeting in New Orleans with a fresh understanding of the financial crash of 9-11-08. It has become clear that our corporate system based in the US is obsolete and requires building a more up-to-date one. Clearly, organizations systematically selected, trained and rewarded outrageously managers and professionals that were strongly wealth-driven and without ethics or fear of consequences. Once the regulators were pressured to not slow down the money machines, the bubble went wild then exploded suddenly. > We need to build a new corporate meta-system in which managers and professionals are selected, developed, and rewarded for their ethical and responsible performance for stakeholders and regulators are developed and supervised to do their jobs. I think management faculty in economics, psychology and sociology have important roles to play in building the new responsible corporation. What do you think? > George Graen
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