Tag: ethics

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The Politically Incorrect Guide

For some RCs it is the end of the Great Internship Hunt, while for others that great wave of relief and exhaustion is still elusive. Thanks to the Great Recession this year, it appears “hunt” is a rather apt word for the elaborate courtship that HBS students perform each year. But don’t despair, especially if…

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Volunteer Consulting Organization – A Different Kind of Club

The Volunteer Consulting Organization (VCO) is unique among what seems like millions of student clubs at HBS. The reason: it makes a significant impact on people outside of HBS. VCO attracts students that are interested in volunteerism as well as many interested in consulting, and a wide variety of non-profit organizations hosted VCO projects last…

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MBA Oath: An Oath and Its Flaws

“Underlying most arguments against the free market is a lack of belief in freedom itself.” -Milton Friedman The “MBA Oath” was crafted by a few members of the Class of 2009 here at Harvard Business School. On the Oath’s official website, I count 478 members of last year’s graduating class that have signed the Oath…

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Notable Alumni-Ronald Cohen, MBA '69

Chairman of Great Britain’s Social Investment Task Force, Bridges Community Ventures, and The Portland Trust. Cofounder and former chairman of the venture capital and private equity firm of Apax Partners L.P. MA in Politics, Philosophy, & Economics (PPE) from Oxford University. What was your most memorable experience as a student at HBS?My most memorable moment…

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Looking Back-The First Graduating Class

Editor’s Note In 1908, the world was vastly different. Henry Ford gave the world the Model T, the Sixteenth (allowing federal income tax) and Seventeenth (requiring direct election of Senators) Amendments to the United States Constitution were adopted, major railroad companies were consolidating and oil was discovered for the first time in Persia. Harvard Business…

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The Role of Case Studies in Understanding Ethical Theories

Clay Christensen writes that a case study is simply an examination of a situation. Humanity’s religious scriptures, which have collectively survived several dozen centuries, contain thousands of parables that can be examined for both ethical and unethical behavior. Since these manuscripts have been revered as holy books by billions of people over the centuries, they…

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Debate on Grade Disclosure Takes Center Stage In Spangler Auditorium

Evolution vs. Intelligent Design. Redline vs. Grafton Street. NPV vs. APV. These are big questions. But none has gotten the HBS population as energized as the debate over grade disclosure. Students, faculty and the administration are awaiting the results of a recent Student Association poll, but those in attendance at the Leadership & Ethics Forum’s…

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The 'Eth' Word: Ethics Expert Speaks Up for Moral Capitalism

What do Gordon Gekko, Jack Welch and an ex-con who embezzled nearly $9m have in common? And no, it’s not a sneaking suspicion that greed is good. All three men have been or will be appearing at the Leadership and Ethics Forum (LEF). The long-established club kicked off this year with a fresh aim –…

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Rejected HBS Applicant Responds to Administrative Move

The following is a response from one of the 199 applicants who was denied further consideration for admission due to involvement in the hacking incident: I am one of the unfortunate “hackers”. Luckily I got the “dinged” letter otherwise I would be really furious. Instead, I am remorseful. As you might imagine, I have been…

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The Free-Market Solution to Ethical Problems

For well over two years now, we have been wringing our hands about ways to make businesspeople act more ethically. We’ve tried criminal prosecution. Legislative action. Public opprobrium. Enough. We have missed the obvious. As with many of civilization’s most intractable problems, there is a very simple answer: the free market. Our problem is that…

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Unethical Behavior On Whose Part?

Reuters reported on Tuesday that the Harvard Business School would reject all 119 applicants who hacked into ApplyYourself and viewed their admission status prematurely. The dean justified this by claiming that their behavior was unethical. I find this a bad decision for two reasons. One, accessing their admission records using a hack was obviously against…

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Minoru Makiharah, Former Chairman Mitsubishi Corporation, Recieves Alumni Achievement Award

There is more than one way to get an education at the Harvard Business School. Minoru Makiharah attended the Executive Education’s 75th Advanced Management Program and used his knowledge to turn around the Mitsubishi Corporation, which had stumbled during the Japanese recession. The company’s key problem? Previous management had focused too exclusively on Japan, missing…

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Recent Alumni Perspective: Model Behavior

Jeetendr Sehdev (HBS ’04) is a Brand Strategist at the world’s leading advertising agency in New York. Not your typical HBS alumnus, Jeetendr is a self-confessed pop-culture junkie with looks more suited to a fashion runway than a 40th floor office cubicle. He was born and raised in the United Kingdom where he attended a…

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The Free-Market Solution to Ethical Problems

For well over two years now, we have been wringing our hands about ways to make businesspeople act more ethically. We’ve tried criminal prosecution. Legislative action. Public opprobrium. Enough. We have missed the obvious. As with many of civilization’s most intractable problems, there is a very simple answer: the free market.Our problem is that we…

News

Patrick Kuhse, Former International Fugitive and Convicted Felon, Addresses HBS Students

Patrick Kuhse first started to feel dissatisfied at Arizona University. The Iowa country boy joined a fraternity where he confronted the painful contrast between his plain replica watches ordinary roots and his friends’ wealthy families. Despite growing up in a “very tight family unit” Kuhse began to believe, “I didn’t grow up so good.” As…

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A CEO's Guide to Surviving in Prison:

Recently, the Leadership & Ethics Forum invited a most unusual guest to come to speak at the Harvard Business School. You might expect a well-known CEO to lecture about how stealing is bad, or a respected Sr. VP to analyze why it’s wrong to hold your competitor’s children as bargaining chips. You might even hope…

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A Minute With Kevin Rollins, President and COO of Dell

The Harbus recently participated on a conference call with several university newspapers in a conversation with Dell’s President and COO, Kevin Rollins. Rollins, in a candid conversation, spoke about the economy, ethics, technology trends and more. Kevin Rollins on how the economy has affected Dell: [Our] company fortunately has weathered the economic downturn both in…

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Golf as Part of EC Curriculum?

Most of us here on campus want to learn golf while at HBS or want to improve his/her game. I would guess that 90% or more of us have, at one point or another, thought about taking a lesson through Shad or through a sectionmate. Here is my proposal: Why don’t we consider it as…

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Shades of Gray

I am so relieved our Negotiations course is over. What a painful learning experience. I’ve never been in a situation that so clearly exposed differences in ethical standards. At the least, the class laid bare the differences in people’s standards about lying. Early in the course, the faculty acknowledged that ethical differences would emerge and…

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Ethicists At the Gate

Harvard Business School made an unusual choice when it let me in. A little of the due diligence it so assiduously teaches would have revealed a few disqualifiers: I studied socialist history in college. I’m not entirely certain how to turn on one of those fancy calculators that investment bankers carry around. I don’t even…

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Viewpoints: Shades of Gray

I had a strange dream last week. I was sitting in a dingy room at a long table with four of my section-mates. We were trying to solve a murder, and we were getting nowhere. I was convinced someone had the answer, and that everyone was trying to hide something. In fact, I knew a…

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HBS Launches Leadership and Values Initiative

The Leadership and Values Initiative (LVI), launching fall 2002, is an assemblage of classroom instruction, such as LVDM, LEAD and The Moral Leader, and extracurricular programs that integrate ethics and leadership training into the standard curriculum of the Harvard Business School. The initiative is an outgrowth of Dean Clark’s conviction that teaching ethics at the…

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Business School: The Ethical Dimension

The arrival of the MBA Classes of 2004 on campuses across the country has been accompanied by much commentary in the popular press on the rising emphasis on business ethics in the curricula of leading business schools. Increased Attention on B-Schools In the aftermath of recent corporate scandals, attention has been focused on the role…

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Improving a Great School

Nearing the end of the first year at HBS seems like a good time to reflect on how to make the first year HBS experience even better for students who will come after us. After all-if there is one enduring lesson from the case method it is that every situation can be improved. But it…

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Editorial

Will it ever end? The RC recently completed yet another case on Microsoft, bringing the grand total of first-year cases dealing with the PC market to an appalling sum. (To be honest, we’ve lost count, and it’s too late in the semester to be running the numbers anyway.) We don’t deny that the PC has…

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HBS Starts UNstudying

A few weeks ago some HBS students and faculty did a great thing-they got together over lunch and had an organized, thoughtful conversation about Enron. The conversation was the first in a series of what are being called “UNstudy Groups.” (See below for information on how to join the next one.) Now, of course, HBS…

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Hogs and Sharks

While I agree with Nick Will’s premise in “The All Too Visible Hand” that Washington’s $15 billion bailout of the airline industry was largely unnecessary, I feel the need to at least partially defend my former employer, Continental Airlines. First, Will points out that Continental reported third quarter earnings last year with the help of…

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Outspoken Alumnus Blames HBS for Enron Debacle

The demise of Enron, the once-vaunted energy and trading company, is a complex affair. On December 2, 2001, the company filed for bankruptcy. Last week, its shares were delisted from the NYSE. The financial press is awash with speculation on the cause and ramifications of what has been dubbed “the largest bankruptcy case in American…

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