... PHILOSOPHY,SOCIOLOGY;PSYCHOLOGY AND BUSINESS CONSCIOUS CAPITALISM: Lecture: Josè Alarcòn EXECUTIVE SUMMARY: Conscious Capitalism: A more complex form of Capitalism that hold within itself the possibility to enhancing corporate performance while contributing to advance billion peoples’ quality of life...or...just good business. When approaching to this “new” horizon we have to know that is not new...capitalism doesn’t involve avidity and disrespect, it just has been corrupted. When Kant and Montesquieu were talking about the reducing of conflict through commerce, they were talking about just good business. This is a really important thing that has to enlighten everyone while approaching to capitalism in general and, obviously, to Conscious Capitalism. This philosophical and economical theory has to be understood in all its details because it seems there are no trap this time, we have eroded our world till today but maybe tomorrow we can began to “reconstruct” it. In fact, now, we can see our reality and our future “on the shoulder of the giants” (passage from Bernard de Chartres) and of the other tall men that have kept thinking about what the giants saw and sad. We need a “new” focus, we need a wider one, a multiple stakeholder one...without forgetting we need more, wise stakeholder and wise stockholders. TABLES OF CONTENTS: * Executive summary…………………………………………………………………..2 * Table of contents……………………………………………………………………...
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...Conscious Capitalism: A Reader’s Reflection In their collaboration, Conscious Capitalism: Liberating the Heroic Spirit of Business, both John Mackey and Raj Sisodia outline and discuss the problems plaguing sizeable business, while sharing their own knowledge and experiences. Throughout, they also continuously encourage socially responsible values in all business organizations. Citing decentralization and stakeholder empowerment, Mackey and Sisodia argue that mans’ inherent goodwill can not only sustain capitalism, but grow with it. The authors formulate their contentions into four models, also known as ‘Tenets,’ which are interconnected, yet interdependent: Higher Purpose; Stakeholder Integration; Conscious Leadership; and, Conscious Culture and Management. The first tenant, Higher Purpose, focuses on searching for meaning, and nurturing the business’ guiding principles. Its purpose is to guide stakeholders with clarity and conviction, but only if the value is simple and clearly defined. Though the authors note ‘purpose, mission, and vision’, they further clarify the distinctions by citing Jerry Porra, quoted in Lan Liu’s Conversation on Leadership: Wisdom from Global Management Gurus: Purpose refers to the difference you are trying to make in the world, mission is the core strategy that must be undertaken to fulfill that purpose, and vision is a vivid, imaginative conception or view of how the world will look once your purpose had been largely realized (47). This...
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...ESSAY – ‘What is the Marxist theory of the state and how might it be criticised?’ Introduction Marxism first arose in 1987 when Marx and Engels were commissioned to write the manifesto for the political party of radical workers, The Communist League; this political party was formed in order to create a unity of the ‘working men’, in favour of the creation of a classless society. The purpose of The Communist Manifesto, and much of Marx’s early writings on the state, was to promote social change, in refutation to Hegel’s theory of the dialetic. This is achieved through the construction of a materialist interpretation of the state as ‘the active, conscious and official expression (of) the present structure of society' (Collected Works, 3, p. 199). Marx’s ultimate aim was to “lay bare the economic law of motion of modern society.” (Marx, Capital [1867] 1965, p10), which is to… This essay will explain and analyse Marx’s theory of state, a nd assess the legitimacy of the theory through criticisms. Marx’s theory of history/state: History is a study of past events in human affairs; Marx believes that historical events are driven forward by changing economic factors within the ‘base’ of society. According to Marx, human society is made up of two measures: a base and a superstructure. The superstructure is the set of 'non-economic institutions whose character is explained by the nature of the economic structure (the base).' (G. A. Cohen Karl Marx's Theory of History: A Defence pp 216...
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...Professor Lichtenstein GB 110 17 February 2014 Conscious Capitalism Summary John Mackey has a new innovative view on economics and capitalism which he talks about in this article. The theory of economics was first developed during the industrial revolution as an explanatory response. Mackey says that many economists today still use industrial machine metaphors to explain how the economy works. There is obviously something wrong with this because times have changed and those principles are very dated. The article then goes on to talk about the purpose of big businesses. He makes the point that doctors, teachers, lawyers, etc. are all in business to help the common good and have purposes beyond self-interest, but not business. Mackey tells us that the only reason businesses are in business is to make a profit, however this should not be the case. A business should have an intended purpose with its secondary goal of long-term profitability. He gives the example of how entrepreneurs start a business to fulfill a need in society, a purpose. However this is not normally the primary goal of a big corporation. Whole Foods is a big corporation built on these new innovative principles of serving the common good with an intention of long-term profitability rather than short term. The business was started to improve / well-being of people around the world by bringing them high quality natural and organic foods. Whole Foods has created an massive interdependent system starting...
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...relationship between a regulatory system and between the moral and ethical questions of the case. The main objective of the case is to show how the private sector leadership can affect public policy outcomes. First of all, the Author would like to give an overview about the historical background of the Tobacco use. Moreover, tries to explain how it became a frequent activity worldwide. Secondly, the Author will emphasize the moral and ethical issues of the case with an effort of understanding the ethical problems behind. The third part will consist an overview about the ethical leadership from the project management point of view. Finally, the Author will draw conclusion about the relationship between the hypotheses mentioned above. Summary of the Case Study The tobacco use has been encouraged in the 18th century, and by the 19th, it was already widely used. The taxes of the tobacco has been used as the source of the regulatory capital of the government. Therefore, it became an important economic force. In addition, by the 20th century, the first anti- tobacco advocates appeared. They became very active in protesting against the tobacco use. However, during the World War I and World War II, the cigarette use was reinforced among the military, and smoking became a popular activity worldwide. Moreover, since 1920 women are also turned to tobacco use. It was the first time, when women found the tobacco usage as a fashionable and wanted activity. This phenomenon led to another...
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...Social doctrine of the church as a social instrument of the new evangelization Three terms are present in the title of this issue: two explicit (social doctrine of the church and new evangelization) and an implicit (evangelization). We can’t talk about the new evangelization without connecting it with the evangelization itself; the relationship between the church’s social doctrine and the new evangelization comes through the evangelization. The first thing it’s the evangelization, the most original, and that goes back to the origins of the church. The church’s social doctrine, born in the 19th century as an attempt to answer of faith to the great problems which occurred with modernity, as new ideologies that give the body and the political and socioeconomic systems derived from these. The new evangelization is a most recent proposal, from Juan Pablo II, that is intended to realize the meaning and scope of evangelization in the circumstances of our historical moment. Evangelization and mission as a framework The four evangelisms present us a resurrected Jesus who appeared to theirs and charges them a mission: to be witnesses in the villages. The conscience of this mission has been realized in a different way for each historical era. To illustrate the variety and to best understand what the evangelization today is, it will be useful to distinguish the four models of the evangelization. The evangelization of the first Christian times The Christians from the origins...
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...Business Research Report Corporate Conscience and Its Effect On Companies Assessment Code: RWT1 Student Name: Student ID: Date: Mentor Name: Table of Contents Executive Summary…………………………………………………………………………………………………………………………………3 Introduction…………………………………………………………………………………………………………………………………………….3 Research Findings……………………………………………………………………………………………………………………………………5 Finding Number 1………………………………………………………………………………………………………………………………..5 Finding Number 2………………………………………………………………………………………………………………………………..6 Finding Number 3………………………………………………………………………………………………………………………………..7 Recommendations…………………………………………………………………………………………………………………………………10 Recommendation Number 1…………………………………………………………………………………………………………….10 Recommendation Number 2…………………………………………………………………………………………………………….11 Recommendation Number 3…………………………………………………………………………………………………………….11 Conclusion…………………………………………………………………………………………………………………………………………….11 Referrences…………………………………………………………………………………………………………………………………………..12 Executive Summary The specific purpose of this report is to investigate the claim that companies who adopt a culture of ethics and social responsibility are more efficient. The impact has been identified that this behavior could have inside on performance by adopting an intentionally conscious corporate culture and behavior. Research shows that responsible companies are more profitable, they become desired places to work, and people want to partner with responsible companies...
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...Norms Culture, Society, and the Nation-State The Determinants of Culture SOCIAL STRUCTURE Individuals and Groups Social Stratification Country Focus: Breaking India’s Caste System RELIGIOUS AND ETHICAL SYSTEMS Christianity Islam Country Focus: Islamic Capitalism in Turkey Hinduism Buddhism Confucianism Management Focus: DMG-Shanghai LANGUAGE Spoken Language Unspoken Language EDUCATION CULTURE AND THE WORKPLACE CULTURAL CHANGE FOCUS ON MANAGERIAL IMPLICATIONS Cross-Cultural Literacy Culture and Competitive Advantage SUMMARY CRITICAL THINKING AND DISCUSSION QUESTIONS CLOSING CASE: Wal-Mart’s Foreign Expansion Learning Objectives 1. Know what is meant by the culture of a society. 2. Identify the forces that lead to differences in social culture. 4. Identify the business and economic implications of differences in culture. 5. Understand how differences in social culture influence values in the workplace. 6. Develop an appreciation for the economic and business implications of cultural change. Chapter Summary This chapter begins by introducing the concept of culture. The determinants of culture are identified, which include religion, political philosophy, economic philosophy, education, language, and social structure. The first half of the chapter focuses on the influence of social structure, religion, language, and education...
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...Nova Southeastern University H. Wayne Huizenga School of Business & Entrepreneurship Assignment for Course: | MGT 5012: 21st Management Practices | Submitted to: | Dr. Bahaudin G. Mujtaba | Submitted by: | Kandis D. Gaines | | N01408070 | | 5800 Lake Pointe Village Cir #617 Orlando Fl 32822 | | 386-316-1449 | | | Date of Submission: December 8, 2013 Title of Assignment: Final Term Paper: Business Ethics and the Moral Foundation of Effective Leadership CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and disclosed in the paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student's Signature: _____Kandis D. Gaines_________________________ ***************************************************************** Instructor's Grade on Assignment: Instructor's Comments: Business Ethics and the Moral Foundation of Effective Leadership Introduction In the global business spectrum, ethics play a huge role within any form of business where key ethical principles such as morals, values, and judgment determine the overall success and direction of the company. Managers and entrepreneurs who make moral determinations behind ethics build trust and create positive relationships with their employees, consumers...
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...MSc Business Management BS7916 Principles of Responsible Management Semester One 2013- Module Handbook Module Leader : Dr Roz Sunley Room 201 Roz.Sunley@winchester.ac.uk Room 201 West Downs 01962 827339 In this module study guide you will find much of what you need in order to successfully complete the module. Further learning materials and information are available on the learning network under the module code BS7916. Module Code BS7916 Module Name: Principles of Responsible Management It is your responsibility to: * Collect a copy of the reading pack from the faculty office * Attend both lecture and seminar sessions as stated on your timetable * Arrive in time for the start of all taught sessions * Read the preparatory reading before the taught sessions each week * Undertake any directed learning that may be set * Seek help from the module tutor if you are having any problems with any aspect of the module * Hand in assignments on time Tutor contact details: Module leader: Dr Roz Sunley Roz.Sunley@winchester.ac.uk Module tutor: Dr Natalia Yakovleva Natalia.Yakovleva@winchester.ac.uk Module administrator: Karen Robbertze Karen.Robbertze@winchester.ac.uk Contents Introduction and learning outcomes 3 Weekly schedule 4-6 Assessment 7-9 Useful texts 9-11 Feedback, Harvard referencing etc 12 Study guide for each week 12 - 17 Marking criteria 18 – 20 Background...
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...Literature is the cream of life created in the imagination of a poet or a writer whose personality has outgrown the social limits and extended itself into the domain of impersonal consciousness. The individual we are is the social expression of the human being whose real existence transcends the social consciousness. Great poets and writers create in their imagination that Real Man and make him play a limited social role where he often peeps out of his social personality into his universal individuality. It is this extra dimension of those characters that is fascinating to us and renders them immortal characters. We see that the immortality of a character is his innate universality. Jane Austen’s genius captured the flavour of the French Revolution wafting across the shores of England which was anxious to restructure its society so as to avoid a bloody revolution. Mental growth that assimilates the spirit of the times can compel the body to rise to the occasion, thus avoiding the inherent violence of any revolution. England did escape the guillotine by exercising its social wisdom which was willing to unite the higher and lower strata of the society. Pride and Prejudice can be seen as a story of several marriages where the abominable pride of Darcy becomes the uncontrollable passion of his heart. Romance is the adventure of the heart for the unattainable. This approach views the story as the aristocracy descending to the commoner in its passion to preserve the society...
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...A HISTORY OF BUSINESS ETHICS The history of “business ethics” depends on how one defines it. Although the term is used in several senses and varies somewhat for different countries, its current use originated in the United States and became widespread in the 1970s. The history of business ethics in the United States can be viewed as the intersection of three intertwined strands. Each of these in turn can be divided into at least two related branches. The first strand, which I shall call the ethics-in-business strand, is the long tradition of applying ethical norms to business, just as it has been applied to other areas of social and personal life. This strand can be divided further into the secular and the religious branches. The second strand is the development of an academic field, which has been called business ethics. It also has two main branches, one being the philosophical business-ethics branch, which is normative and critical, and the other the social-scientific branch, which is primarily descriptive and empirical. The third strand is the adoption of ethics or at least the trappings of ethics in businesses. This again subdivides into the integration of ethics into business and business practices on the one hand and the commitment to corporate social responsibility on the other. Business ethics was introduced into Europe and Japan in the 1980s although the term did not translate easily, and the development in each country varied from that in the United States because...
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...CSS 105 COURSE GUIDE COURSE GUIDE CSS105 INTRODUCTION TO POLITICAL SCIENCE Course Developer Dr. Derin K. Ologbenla University Of Lagos Akoka – Lagos. Dr. Derin K. Ologbenla Course Writer University Of Lagos Akoka – Lagos. Course Co-ordinator Dr. Godwin Ifidon Oyakhiromen National Open University of Nigeria Lagos. NATIONAL OPEN UNIVERSITY OF NIGERIA ii CSS 105 COURSE GUIDE National Open University of Nigeria Headquarters 14/16 Ahmadu Bello Way Victoria Island Lagos Abuja Annex 245 Samuel Adesujo Ademulegun Street Central Business District Opposite Arewa Suites Abuja e-mail: centralinfo@nou.edu.ng URL: www.nou.edu.ng National Open University of Nigeria 2006 First Printed 2006 ISBN: 978-058-434-X All Rights Reserved Printed by Goshen Print Media Ltd For National Open University of Nigeria iii CSS 105 COURSE GUIDE Contents Introduction......................................................................... Aims................................................................................... Objectives........................................................................... Working through the Course.............................................. Course Materials................................................................ Study Units........................................................................ Textbooks and References.................................................. Assessment.......................................
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...A Research Paper On Why Capitalism Succeeded In Generating An Industrial Revolution In Other Countries But Failed In The Philippines Submitted by Manuel Ortega Abis Student No. 11-71-003, BPA Special Program Batch 8-A CAPA, Universidad de Manila Professor Ronaldo J. Navata PREFACE The research materials and references used in this research paper were managed to be gathered through unlimited internet hours and limited library hours, but the pages on the web and the pages of the book offered equal enlightenment and enjoyment. The premises and conclusions built and reached in this paper are products of the researcher’s serious analysis of the Philippine economic situation. The researcher, however, is praying that his objectivity and the sincerity of his language shall not fail him in his own humble attempt to bring this mini-thesis to its just and proper course and closure. The twin causes formulated in this paper are generally subdivided into two: the concept of economic will (policy system of governance) and the concept of economic ownership (property system of the governed). Further reading is advised on critical and related topics of this paper. For the economy, these words: there is no such thing as the co-existence of freedom and equality. God bless the Philippines! ______________________________________________________________________________ ...
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...Introduction Multinational Energy Companies, like Chevron Corporation, have a broad and significant social, economic and environmental impact on the globe and as such are in a position to influence the lives of many people. Chevron is involved in many different facets of the energy business, including exploration, refining, production and transportation. The company employs approximately 60 000 people in the oil and natural gas industry, with interest in 180 countries (Chevron Corporation SWAT, 2009). With the rise in global communication associated with the information age, companies like Chevron have to establish symbiotic relationships, focused on sustainable development, with society in order to satisfy increasingly environmentally conscious stakeholders. In this context a symbiotic relationship refers to one that is cooperative and mutually beneficial (Langella et al. 2012, 51). At the foundation of such a relationship is respect for health and wellbeing of communities that interact with the company and its operations. Chevron has displayed care and respect for the local communities and their welfare on a number of occasions, more notably their efforts in the fight against AIDS, tuberculosis and malaria (HIV/AIDS; Chevron 2010). However this has been eclipsed in the media by the company’s display of profound negligence in their...
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