The conversation around the MBA Oath continues to broaden.
Social change architect R. Craig Lefebvre, also a professor at George Washington University, sees the oath as a positive step towards systemic change and calls for MBAs to join the shift.
A code of ethics for business leaders that is driven by student demand is something I celebrate today.
Organizational expert Rodney Johnson speaks positively of the MBA Oath and notes that MBA students are in a unique position to formulate solutions to these issues. Anupam Chander, writing in the Law School Innovation Blog, asks whether law students should take similar oaths.
Meanwhile, Daylife CEO Upendra Shardanand considers taking the step of asking potential hires if they signed up for the MBA Oath.
However, Daniel Akst, a correspondent with The Atlantic, expresses skepticism at the idea.
“Serve the greater good?” That’s funny, I thought the job was to make as much money as possible for the owners consistent with law and human decency.
The MBA oath itself mentions safeguarding the interests of shareholders, but we believe that sustainable value creation requires exceptionally ethical leadership. An enterprise does not exist in a vacuum. Employees, customers, suppliers, and even competitors prefer to work in an environment that is committed to good faith dealings and high ethical standards.