Friday, June 5, 2015

Week 1 - The Buck Starts and Stops With You

“Education without values, as useful as it is, seems rather to make man a more clever devil.”

Well, we are back to stomp and grind of a new semester; week one and I am already overwhelmed of getting back to the swing of things. I have to constantly remind myself…it is all about balance…work, school, what is left for a life…getting focused back on my physical and mental health…but wow what a week it has been. This class, although I know it will be VERY challenging for me has already shown how much thought and discussion is going to take place and I can’t wait to keep deep diving on many of our topics so far!

For example, this week we have already discussed and worked on cases like our Train Dilemma. I thought I was doing fine until it asked me if I would sacrifice my own child to save 5 others…but ultimately, if my thought process eliminated and proved there truly was no other viable alternatives, I thought it may be easier to digest the sacrifice of one for the good of the many.

As I posted in our discussion forum this week, in order for us “to make better choices, we must become aware of our options and the relevant background information…” (LaFollette, 2007, p. 85). As emerging leaders, we now know that the more we practice, the more information we will be able to obtain and will be able to make better decisions to act upon in a more prudent and analytical manner that can assist us in preventing us from blindly pursuing our own agendas (LaFollette, 2007, p. 85).

We also discovered that “…a person's ability to deal with moral issues is not formed all at once…there are stages of growth…, the ability to think morally also develops in stages” (Andre & Velasquez, 2014). We have to critically think and take pause to consider all options, other than our own immediate gratification or agendas, which is why thinking more abstractly and about multiple alternatives is required to ensure we minimize bias during our decision making process.

When it comes to the belief regarding the systematic failure of today’s leaders and how B-Schools are the ultimate producers of this dysfunction, we also learned that there are several examples and benchmarks that can be identified in preparing future leaders to embrace and promote a holistic approach to business problems and ethical dilemmas.

I can remember when I first registered for college many years ago, I had to take art, philosophy, sociology, psychology, blah blah blah…and when I asked why I HAD to take these to get my degree, I was told that it was to help me develop into becoming a well-rounded contributor to society and a more worldly person. As we found in our article this week, there is still the school of thought that believes the same way today, some twenty years later (Podolny, 2009, p. 63)

Additionally, I recall that when I was completing my undergrad work, in order to apply to certain master level programs, I actually had to have worked within my profession for a certain number of hours in order to apply and be considered for specific graduate level degree seeking programs. At first I thought this was crazy, but I can see the logic; how on earth can someone master something if they have yet to hold a professional job for a minimal reasonable amount of time. I also encountered program applications that stated I had to have graduated and worked professionally within my area for a minimum of 2 years in order for my application to be considered…even though I previously had over 15 years of relevant experience prior to graduating with my undergrad work.

That being said, our article specifically notes that part of the economic crisis we have encountered is largely because of “…the inattention to ethics and values-based leadership in business schools” (Podolny, 2009, p. 63), “…the disciplinary silos in which business schools teach management” (Podolny, 2009, p. 63), and the lack of accountability on the school and faculty of the business schools that “…haven’t done enough to equip students to make good judgments…” (Podolny, 2009, p. 63).

To counterbalance some of the widespread problems “…afflicting management education…that people…believe…are harmful to society…” (Podolny, 2009, p. 63) include asking deans and faculty how they can help students uncover what they can and want to do “…to change the world for the better…” (Podolny, 2009, p. 65) and provide them with “…the skills, tools and values to bring that bout in a responsible manner” (Podolny, 2009, p. 65).

Moreover, because MBA’s are seen as those whom “…occupy positions with enormous responsibility that have a huge impact to society…” (Podolny, 2009, p. 66), dealing with a lack of trust and a schools that are not embracing or reinforcing what society values as far as teaching “…principles, ethics, and attention to detail…” (Podolny, 2009, p. 66) as the cornerstone and foundation of leadership (Podolny, 2009, p. 66), we are only perpetuating generations of MBA’s that are unable to change “…student’ mind-sets…” and help them uncover both the “…hard and soft disciplines…” (Podolny, 2009, p. 66) that will allow students “…a more holistic understanding of business problems and their solutions” (Podolny, 2009, p. 66).

Benchmarks that will allow us to show that we are shaping future MBA’s in a better direction would include monumental changes of epic proportions at this point. For example, as our article suggests, it would require B-Schools to introduce curriculum that reflects components of what society currently values regarding ethics. It would also look to embark coursework with “teaching teams” where more than one expert can participate and share collaborative ideas in one subject area to avoid silo teaching (Podolny, 2009, p. 66). Changes should also “encourage qualitative research” that requires the growth of eclectic backgrounds from faculty experts (Podolny, 2009, p. 67), as well as stopping incentives that encourage academia to compete for rankings and stifle advertising communications in which potential applicants can earn more money by earning a degree from them versus other institutions (Podolny, 2009, p. 67).   The last ultra-aggressive solution suggested setting up a governing body to monitor and police MBA’s for infractions and violations to the code of conduct that could end up punishing the MBA up to and including the revocation of their degree should the committee see fit of those graduates whom “…break the code” (Podolny, 2009, p. 67).

In conclusion, I am all for positive and insightful change. Although I may not agree with every aspect of the article, I do agree that unless B-Schools “…reinvent themselves…” (Podolny, 2009, p. 67), they are certainly not going to be able to change the perception of MBA’s and their roles in forming our corporations or the societal impacts they have been held accountable for in the eyes of our author.

Until we blog again!

References

Andre, C., & Velasquez, M. (2014). Can Ethics be Taught? Retrieved June 02, 2015, from Santa Clara University: http://www.scu.edu/ethics/publications/iie/v1n1/taught.html

LaFollette, H. (2007). The Practice of Ethics. Malden: Blackwell Publishing.

Podolny, J. (2009). The Buck Stops (and Starts) at Business School. Harvard Business Review, 63-67.



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