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  • A Sleep of Prisoners
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  • Sistine Madonna
  • Bruckner Motet : Locus Iste
  • Bruckner Symphony #7
  • Skating Away .......
  • Morning Protein Snacks
  • Afternoon or Evening Carbohydrate Snacks
  • Taste Tips in Support of a Healthy-Liver Diet
  • Morning Snacks and Evening Snacks
  • Benefits of Drinking Water
  • Correct Timing to Drink Water
  • Ten Health Benefits of Cold Showers !
  • Snowbanks North of the House
  • "The Book Thief" by Markus Zusak
  • Seaside Hotel
  • Calling All Angels
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  • Destiny !
  • Biography Work
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  • Social and Anti-Social Forces in the Human Being
  • The Drama of a Child's Developing Constitution
  • Good and Evil : Individual Karmic Questions
  • No Place to Hide in a Toxic World
  • How Much Harm Do Environmental Toxins Really Cause Our Society ?
  • Environmental Toxic Substances : What Every Parent Should Know
  • Interview - Rik Deitsch
  • Environmental Toxic Substances : Take Social and Political Action
  • Environmental Toxins : Protect Yourself and Your Loved Ones !
  • Liquid Zeolite : Nature's Best Detoxifier
  • How Safe are Your Skin and Body Care Products ?
  • Liquid Zeolite : Product Review by Dr Gabriel Cousens
  • Links Between Environmental Toxins and Chronic Illness
  • The Autoimmune Epidemic - Interview with Donna Jackson Nakagawa
  • The Surge in Autoimmune Illnesses Linked to Environmental Toxins
  • Book Review : The Autoimmune Epidemic
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  • Introducing Threefold
  • The Threefold Social Idea
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  • Leadership in the Realm of Rights Life
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  • Rethinking Philanthropy : Ways, Means and Measures
  • Living Waters Wellness Resources : Rudolf Steiner's Threefold Social Idea
  • Planting the Seeds of Threefolding
  • The Threefold Social Order
  • Book Review : A Way Forward : From Social Illness to Social Health
  • Think It Right !
  • Working with a Verse
  • Verses for Individuals, Children and Groups
  • Overcoming Nervousness
  • Reincarnation and Karma
  • "Spiritual Science"
  • Facing Karma
  • Liquid Zeolite : Product Review by Dr Gabriel Cousens
  • Behavior Abnormalities Associated with Heavy Metals
  • Socipathy : further readings
  • The "I Am" Words of Christ"
  • Michaelmas
  • The Business Oath
  • Death from Birth Defects
  • The Conditions of Esoteric Training
  • The Many Benefits of Hydrogen Peroxide
  • The Six Subsidiary Exercises
  • Newborn Might and Strength Everlasting
  • Greatness in leadership : looking to examples from the past
  • Keeping Our Own Side of the Street Clean
  • Meditation for Courage
  • Education for Adolescents
  • George Washington's Prayer
  • Allergic Sensitivity : The Immune Response as a Learning Process
  • Prevention and Immunization
  • Preventing Illness and Promoting Health
  • Mobile Communications and Electromagnetic Pollution
  • The Meaning and Purpose of Illness
  • Permaculture !
  • Fever and its Treatment
  • To Romance Your World
  • Beauty - Images from Ruta Hallam
  • Support Living Waters Wellness !
  • Building Your Personal Wellness Program
  • A Hard Rain's Gonna Fall
  • Christianity
  • Beauty - Images from Ruta Hallam
  • Trauma-Informed Care : What ​ It Is, and Why It’s Important
  • Take This Tough Challenge - Or Don't Vote !
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  • Eros and Fable : Novalis
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  • Three Verses for Hard Times
  • The Creed of Rudolf Steiner
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                                                                                                                                                               About Living Waters Wellness
The Business Oath

    Here’s to More Ethical Business Practices

By Thomas Kostigen


SANTA MONICA, Calif. (MarketWatch) — In the wake of ethical scandals the likes of which the business world has never seen, chief executives should take an oath to do good.

I am not suggesting these executives take an oath to themselves, silently, within their own minds for only their consciences. I propose for 2011 and years beyond that corporate executives who have a responsibility to employees, shareholders and customers, as well as society at large, take a public oath to conduct themselves and their businesses in a good and proper manner.

There is such an oath, by the way. It was devised by the World Economic Forum’s Young Global Leaders. The WEF is the organization that puts on the annual summit in Davos, Switzerland. There, the elite of the business world meet to share and discuss new ideas.

The WEF Young Global Leaders came up with the oath in response to the “global financial crisis of 2008 and the ensuing economic recession [that] has brought under question the character and trustworthiness of business managers around the world.”

 “Unlike other professions, such as medicine or law, which explicitly recognize a commitment to serving the greater good and formally espouse a strict code of conduct,” according to the young leaders, “management is yet to do either. Widespread views of management often subordinate business contributions to the greater good to the maximization of short-term financial returns, and emphasize a narrow view of managerial responsibilities as serving the interest of shareholders over clients, employees, or society at large. These views misrepresent the full complexity of the management profession and its role in driving global prosperity and, as we have painfully learned, can have disastrous economic consequences when taken to the extreme.”

To be sure, chief executives have an implicit fiduciary responsibility to act in the best interest of the company. But what about the external effects of their actions?

This is the area the oath would cover.

The young leaders say their aim was to create a “Hippocratic Oath of Business” that spells out a commitment to “doing no harm” throughout the practice of management.

The oath doesn’t come with legal consequences. It begs moral certitude.

At this time, when the largest dichotomy exists between CEO pay and employee salary, when bonuses to the few come at the expense of the many, and when society is saddled with the ills of greed gone mad, an overt code of ethics in the form of an oath would at least impress the words, if not the actions, upon executives. An expressed standard to which they could be held would be in the public record.

About 400 corporate chief executives have taken the oath to date. They have pledged to do good. See their pledges here.

As the new year and the next Davos approach, a new effort should be made to expand the Global Business Oath and expand the list of those executives who have pledged to abide by it.

Such a campaign could set a different tone for the next decade of the 21st century. May it be more ethical than the first. View the full Global Business Oath.


                                                                                                                              
                                                                                                                              From : CBS MarketWatch
                                                                                                     December 31, 2010



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  • Home
  • Health
  • Emotional Wellness
  • The Spirit !
  • World B Well
  • LWW Arts and Letters
  • Building Your Personal Wellness Program
  • Living Waters Wellness Articles : Nutrition
  • Living Waters Wellness Articles : Cosmic Nutrition
  • Living Waters Wellness Articles : Environmental Toxic Substances
  • Cognitive Distortions
  • Ways To Help Yourself When You’re Feeling Suicidal
  • Cheerleading Statements
  • Keep It Simple : Dealing with Confusion, Anxiety and Racing Thoughts
  • Stop, Breathe, Think !
  • Characteristics of Healthy Relationships
  • Personal Effectiveness I : How Change Happens
  • Personal Effectiveness ll : Priorities
  • Personal Effectiveness III : Solve Problems Like An RN !
  • Thirty Ways to Waste Less Time
  • Fact Sheet : Understanding, Preventing and Healing Trauma
  • Trauma Informed Care
  • Recovery Oriented Models for Mental Health
  • Recovery and Resiliency Models for Mental Health
  • Resiliency and the Recovery Model of Mental Health
  • Dialectical Behavoral Therapy
  • DBT FAQ's
  • Interpersonal Effectiveness Skills
  • Collaborative Problem Solving
  • Collaborative Problem Solving - "Treating Explosive Kids"
  • "The Healing Earth"
  • The Healing Earth
  • 25 Manners Every Kid Should Have By Age 9
  • 25 Rules for Moms for Raising a Son
  • The Liver : Crucial Organ of Health
  • Cosmic Nutrition : A Cornerstone of Health
  • Cosmic Nutrition and Children
  • Enhancing Cosmic Nutrition in Everyday Life
  • The Age of the Dinosaurs and the Age of the Mammals
  • A Cat Among Raccoons
  • A Sleep of Prisoners
  • Rain From Heaven
  • Otterly Lovely !
  • As it is in Heaven
  • Held
  • Letter of St Paul to the Philippians
  • Sistine Madonna
  • Bruckner Motet : Locus Iste
  • Bruckner Symphony #7
  • Skating Away .......
  • Morning Protein Snacks
  • Afternoon or Evening Carbohydrate Snacks
  • Taste Tips in Support of a Healthy-Liver Diet
  • Morning Snacks and Evening Snacks
  • Benefits of Drinking Water
  • Correct Timing to Drink Water
  • Ten Health Benefits of Cold Showers !
  • Snowbanks North of the House
  • "The Book Thief" by Markus Zusak
  • Seaside Hotel
  • Calling All Angels
  • Children
  • Destiny !
  • Biography Work
  • Social and Antisocial Forces - Introduction
  • Social and Anti-Social Forces in the Human Being
  • The Drama of a Child's Developing Constitution
  • Good and Evil : Individual Karmic Questions
  • No Place to Hide in a Toxic World
  • How Much Harm Do Environmental Toxins Really Cause Our Society ?
  • Environmental Toxic Substances : What Every Parent Should Know
  • Interview - Rik Deitsch
  • Environmental Toxic Substances : Take Social and Political Action
  • Environmental Toxins : Protect Yourself and Your Loved Ones !
  • Liquid Zeolite : Nature's Best Detoxifier
  • How Safe are Your Skin and Body Care Products ?
  • Liquid Zeolite : Product Review by Dr Gabriel Cousens
  • Links Between Environmental Toxins and Chronic Illness
  • The Autoimmune Epidemic - Interview with Donna Jackson Nakagawa
  • The Surge in Autoimmune Illnesses Linked to Environmental Toxins
  • Book Review : The Autoimmune Epidemic
  • The Fullness of Life
  • Introducing Threefold
  • The Threefold Social Idea
  • Rights Life Today : An Introduction
  • False Paths in Rights Life : Political Parties
  • False Paths in Rights Life : Problems of MINDSET
  • Leadership in the Realm of Rights Life
  • Rethinking Philanthropy
  • Rethinking Philanthropy : Ways, Means and Measures
  • Living Waters Wellness Resources : Rudolf Steiner's Threefold Social Idea
  • Planting the Seeds of Threefolding
  • The Threefold Social Order
  • Book Review : A Way Forward : From Social Illness to Social Health
  • Think It Right !
  • Working with a Verse
  • Verses for Individuals, Children and Groups
  • Overcoming Nervousness
  • Reincarnation and Karma
  • "Spiritual Science"
  • Facing Karma
  • Liquid Zeolite : Product Review by Dr Gabriel Cousens
  • Behavior Abnormalities Associated with Heavy Metals
  • Socipathy : further readings
  • The "I Am" Words of Christ"
  • Michaelmas
  • The Business Oath
  • Death from Birth Defects
  • The Conditions of Esoteric Training
  • The Many Benefits of Hydrogen Peroxide
  • The Six Subsidiary Exercises
  • Newborn Might and Strength Everlasting
  • Greatness in leadership : looking to examples from the past
  • Keeping Our Own Side of the Street Clean
  • Meditation for Courage
  • Education for Adolescents
  • George Washington's Prayer
  • Allergic Sensitivity : The Immune Response as a Learning Process
  • Prevention and Immunization
  • Preventing Illness and Promoting Health
  • Mobile Communications and Electromagnetic Pollution
  • The Meaning and Purpose of Illness
  • Permaculture !
  • Fever and its Treatment
  • To Romance Your World
  • Beauty - Images from Ruta Hallam
  • Support Living Waters Wellness !
  • Building Your Personal Wellness Program
  • A Hard Rain's Gonna Fall
  • Christianity
  • Beauty - Images from Ruta Hallam
  • Trauma-Informed Care : What ​ It Is, and Why It’s Important
  • Take This Tough Challenge - Or Don't Vote !
  • Culture, Law and Economics
  • About Novalis
  • The InPower Movement
  • Eros and Fable : Novalis
  • Psalm 139
  • Prayer
  • Goodness, Beauty and Truth
  • Blog
  • ​What to DO about the FLU
  • Practical Training in Thought
  • The Education of the Child
  • John the Baptist
  • The Path of Higher Knowledge
  • SBAR
  • New Page
  • The Prologue of the Gospel of St John
  • Three Verses for Hard Times
  • The Creed of Rudolf Steiner
  • LWW Arts and Letters