NPR Marketplace just posted a great interview with the MBA Oath’s own Peter Escher on the Oath. During the interview, NPR’s Kai Ryssdal makes an interesting point:
Picking up again on that idea of the Hippocratic Oath, the oath that doctors take when they graduate. If doctors get something wrong, people get sick, they are grievously injured or they die. When MBAs and business professionals get something wrong, the effect is attenuated through space, right? I mean, if somebody’s gets foreclosed upon, because the bank made a bad mortgage decision, that’s sort of at a remove from the person who actually made that decision to issue that mortgage.
What is the effect of the distance that between MBAs and managers and those affected by their decisions?