Corporate social responsibility
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Corporate Social Responsibility. MIRIBIS 06 DECEMBER, 2012 GERALD J ROHAN. The New Paradigm in Business Education. How Corporate Social Responsibility, Business Ethics and Responsible Management deliver Sustainability to Shareholders and Stakeholders. OR.

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Corporate social responsibility

Corporate Social Responsibility

MIRIBIS

06 DECEMBER, 2012

GERALD J ROHAN


The new paradigm in business education

The New Paradigm in Business Education

How Corporate Social Responsibility, Business Ethics and Responsible Management deliver Sustainability to Shareholders and Stakeholders


Corporate social responsibility

OR

How philosophy is saving business!


Current paradigm

Current Paradigm

  • Business Education necessarily focuses on the purpose and vocabulary of business

  • Business Education necessarily focuses on the activities of business

    • Marketing- Operations

    • Accounting- Economics

    • Finance- Management


Is that enough

Is that enough?

  • Leadership is one of the missing elements

  • Business Ethics is another missing element

  • We prepare students to become business:

    • Specialists

    • Experts

    • Managers

    • Directors

    • CEOs

  • Do we prepare them to be Leaders?


Answer

Answer

  • Unfortunately No!

  • Major corporations have a developed processes to help managers become leaders through a Successor Planning Process.

  • This process provides leadership development with a corporate context, but it is also part of Corporate Sustainability


Why leaders

Why Leaders?

  • Leaders are:

    • Agents of change:

    • Provide Vision

    • Articulate Values

    • Empower People

  • Leaders are the “Tone at the Top”


Tone at the top

Tone at the Top

  • The Tone at the Top is the single most important attribute needed for Corporate Social Responsibility to have meaning.

  • People follow was is done, not what is said.


Corporate social responsibilty

Phil.

Ethics

Integrity

Values

Financial Stewardship

Management of Assets

Responsible Profitabiltiy

Compliane: Legal and Financial, Regulatory, etc

Corporate Social Responsibilty


No man is an island

“No man is an island”

No man is an island,Entire of itself.Each is a piece of the continent,A part of the main.

John Donne, 1624


How do we teach values

How Do We Teach Values?

  • Students hopefully will have them

  • Get students to come in touch with them

    • Attitudes, Values and Beliefs are often manifest in the way we think about dilemmas

    • Not just what is the Answer, but what is the Action.


Challenge

Challenge

  • Behavior is Above the Water Line and Visible

  • Values Attitudes are Below. Not Visible

  • They drive behavior


Approaches

Approaches

  • Behavior is controlled by Rules (or last least we attempt to control behavior)

  • Attitudes, Values, Beliefs are developed by:

    experience

    family,

    school,

    culture,

    society


How do go below

How do go below

  • Philosophy:

    • Greeks

    • Utilitarianism

    • Universality

  • Rights

    • Right to life versus “Do the most good_


What is the objective

What is the Objective

  • Business Ethics is about choice!

  • We need to provide students the methodology to help them make the Right Choices in life and in business.


Tucker model

Tucker Model

  • Is it profitable?

  • Is it legal?

  • Is it right?

  • Is it fair?

  • Is it environmentally sustainable?

    Environmentally = total environment, e.g. PESTEL


Professional standards

Professional Standards

  • Doctors

  • Lawyers

  • Accountants

  • Financial Analyst

  • Brokers


New paradigm ethics as integral to all subjects

New ParadigmEthics as integral to all subjects

  • We need courses in CSR and Business Ethics to provide the framework and the methodology.

  • Business Ethics needs to be integrated into all course in which choices are made:

    • Ethics in Marketing

    • Ethics in Accounting

    • Ethics in Finance

    • Ethics in Management

    • Ethics in Operations

    • Ethics in Economics


Thank you

Thank you!

Gerald J Rohan

[email protected]

+7985 210 2581


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