Between Enterprise and Ethics: Business and Management in a Bimoral Society

Between Enterprise and Ethics: Business and Management in a Bimoral Society

by John Hendry
     
 

We live in a 'bimoral' society, in which people govern their lives by two contrasting sets of principles. On the one hand there are the principles associated with traditional morality. Although these allow a modicum of self-interest, their emphasis is on our duties and obligations to others: to treat people honestly and with respect, to treat them fairly and

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Overview

We live in a 'bimoral' society, in which people govern their lives by two contrasting sets of principles. On the one hand there are the principles associated with traditional morality. Although these allow a modicum of self-interest, their emphasis is on our duties and obligations to others: to treat people honestly and with respect, to treat them fairly and without prejudice, to help and are for them when needed, and ultimately, to put their needs above their own. On the other hand there are the principles associated with the entrepreneurial self-interest. These also impose obligations, but of a much more limited kind. Their emphasis is competitive rather than cooperative: to advance our own interests rather than to meet the needs of others. Both sets of principles have always been present in society but in recent years, traditional moral authorities have lost much of their force and the morality of self-interest has acquired a much greater social legitimacy, over a much wider field of behavior, than ever before. The result of this is that in many situations it is no longer at all apparent which set of principles should take precedence. In this book, John Hendry traces the cultural and historical origins of the 'bimoral' society have also led to new, more flexible forms of organizing, which have released people's entrepreneurial energies and significantly enhanced the creative capacities of business. Working within these organizations, however is fraught with moral tensions as obligations and self-interest conflict and managers are pulled in all sorts of different directions. Managing them successfully poses major new challenges of leadership, and 'moral' management, as the technical problem-solving that previously characterized managerial work is increasingly accomplished by technology and market mechanisms. The key role of management becomes the political and moral one of determining purposes and priorities, reconciling divergent interests, and nurturing trust in interpersonal relationships. Exploring these tensions and challenges, Hendry identifies new issues of contemporary management and puts recognized issues into context. He also explores the challenges posed for a post-traditional society as it seeks to regulate and govern an increasingly powerful and global business sector.

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Product Details

ISBN-13:
9780199267552
Publisher:
Oxford University Press
Publication date:
05/06/2004
Pages:
330
Product dimensions:
9.40(w) x 6.30(h) x 1.00(d)

Table of Contents

1. Introduction
2. Obligation, Self-Interest, and the Development of Modern Society
3. Free Enterprise and the Power of Business
4. Economic Culture and the Legitimacy of Self-Interest
5. Technology, Liberalism, and the Weakening of Moral Constraints
6. The Crisis of Morality and the Moral Culture of Contemporary Society
7. The Moral Tensions of Management
8. The Challenge of Contemporary Management
9. The Challenge for Contemporary Society
10. Conclusion

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