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Publishers WeeklyThe authors, not long out of Harvard Business School, along with many other classmates and supporters, are proponents of the hot new idea of an "MBA oath," similar in some ways to the Hippocratic Oath, as an inspiration and accountability tool for the jungle-like business climate. Shadows of Enron and assorted villain-companies, and the dire financial situation of the current recession drive the project, which they view even at this early state as a successful effort to clothe business managers with foundational ethics and morality. Now a global movement, the eight-point oath involves promises of responsibility, growth, development, honesty, and respect for the law. The authors dissect it thoroughly, with illustrations from a variety of interesting case studies and tests. As more than 10,000 schools worldwide offer MBA degrees, the writers caution that a business school ranking is influenced by the average compensation of a graduate during his first year after school and that compensation, rather than value, has become the keystone of an education. They also note that a sixty-four-page ethics manual proved powerless in the hands of Enron management. Suggesting that managers operate at a baseline level of doing no harm, The MBA Oath is a strong call for ethical reform.
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